At closing bell, the 225-issue Nikkei Stock Average stumbled 326.18 points, or 1.13%, to 28,444.89. The broader Topix index of all First Section issues on the Tokyo Stock Exchange retreated 12.39 ... ( read original story ...)
US whistleblower Edward Snowden says China’s crypto ban has made bitcoin stronger
US whistleblower Edward Snowden believes China's recent ban on cryptocurrency-related transactions and mining has only helped bitcoin. ( read original story ...)
Bank of America Debuts Crypto Research Amid ‘Growing’ Institutional Interest
Bank of America has launched research coverage of cryptocurrency and digital assets due to “growing institutional interest” and the massive appetite among retail clients. ( read original story ...)
Crypto complex recalls 1920s stock market with ‘rampant speculation, manipulation and theft,’ says left-leaning think tank
The Center for American Progress, a left-leaning think tank, released a report Monday calling on the Securities and Exchange Commission to ... ( read original story ...)
MGM Resorts CEO: China crackdown doesn’t pose a ‘major challenge’
The chief executive of MGM Resorts International brushed off concerns about a Chinese government crackdown crimping profits in the world’s largest gaming market of Macau, saying he doesn’t view it "as ... ( read original story ...)
Suzuki Takes Japan Finance Reins as Election, Stimulus Loom
Former Olympics Minister Shunichi Suzuki on Monday became Japan’s first new finance minister in nearly nine years, replacing Taro Aso as the ruling party reboots its cabinet in the run-up to a general ... ( read original story ...)
Crypto asset manager Grayscale has added altcoins solana and uniswap to one of its funds
Grayscale said it had added altcoins solana and uniswap to one of its funds, according to a company announcement on Friday. ( read original story ...)
Japan’s Nikkei 225 falls below 28660
The Japanese Nikkei 225 cash index fell sharply on Monday, breaking below the 28660 barrier, marked by the low of October 1 st, thereby confirming a forthcoming lower low. The price continues to print ... ( read original story ...)
PM Modi Congratulates New Japan PM Kishida On Becoming Country’s 100th Prime Minister
At the outset of Fumio Kishida being inducted as Japan's succeeding Prime Minister to Suga, PM Modi took to Twitter to congratulate the 100th Head of State ... ( read original story ...)
Japan’s longest-serving finance chief bows out as officials seek post-Covid reboot
Taro Aso on Monday leaves his post as Japan’s longest serving finance minister in modern times. He exits as the ruling party attempts to reboot with a new cabinet amid public dissatisfaction over its ... ( read original story ...)
Japan’s new prime minister and the long shadow of Abenomics
Fumio Kishida's task now is to prove he is the right choice to guide the Japanese economy out of the short-term Covid-19 crisis and to prepare it for the longer-term challenges ahead. ( read original story ...)
Crypto Boom, Retail Investors Fuel Rise in Over-the-Counter Stock Trading
Trading volume has already surpassed last year’s total in the market that is home to crypto trusts, cannabis sellers and many international stocks. ( read original story ...)
Abenomics champion bows out as Japan seeks post-pandemic reboot
He exits as the ruling party attempts to reboot with a new cabinet amid public dissatisfaction over its handling of the pandemic. Aso’s departure marks another step away from the Abenomics experiment ... ( read original story ...)
Behind the Crypto Broker Accused of Enabling Ransomware Hackers
A cryptocurrency broker that the Biden administration considers a key cog in the recent ransomware epidemic is legally registered in the Czech Republic but doesn’t appear to have an office there. It ... ( read original story ...)
Japan shares end lower on China worries ahead of new govt formation
Japanese shares shed early gains to end lower on Monday, as worries over the China Evergrande debt crisis outweighed positive cues from a strong finish on Wall Street, while the nation's new premier ... ( read original story ...)
Laos to Conduct CBDC Study With Japanese Startup Soramitsu
The central bank of Laos is working with Japanese financial startup Soramitsu to conduct a study on the feasibility of a central bank digital currency. ( read original story ...)