The balance swung back into the black from its second-biggest deficit on record in the previous month, providing some respite for policymakers. ( read original story ...)
Japan’s Nikkei slides on U.S. rates caution, eyes worst week in a month
Japan’s Nikkei index slipped on Friday, keeping it on course for its worst week in a month, as it tracked weakness in U.S. stock futures amid worries about the impact of aggressive policy tightening ... ( read original story ...)
Asian stock market: Nikkei headed for weekly loss of nearly 3% as traders weigh tight monetary policy
MSCI's broadest index of Asia-Pacific shares outside Japan was steady in morning trade and down about 1.5% for the week so far. ( read original story ...)
Peter Thiel Shreds $100s and Mocks the Unwashed Masses at Crypto Conference
The billionaire used his Miami Bitcoin 2022 keynote to rip several hundred-dollar bills as an opening bit and lambast the anti-crypto "gerontocracy" of finance. ( read original story ...)
A $430 Billion Habit Got Japan’s Central Bank Hooked on ETFs
The world's boldest monetary policy experiment landed the Bank of Japan with a vast portfolio it just can’t quit. ( read original story ...)
Asia-Pacific markets set to open higher after Wall Street recovery
Shares in Asia-Pacific set to rise on Friday after a comeback on Wall Street as investors continued to digest the Fed's plans to fight inflation. ( read original story ...)
U.S. FDIC asks banks for info on crypto activities, cites potential ‘systemic risks’
The U.S. Federal Deposit Insurance Corporation (FDIC) on Thursday said the thousands of banks it supervises should notify the regulator of any crypto-related activities they have or are planning. ( read original story ...)
Goldman Sachs just flagged the crypto curse of the first quarter
The S&P 500 fell 5% on average since the start of the year. Goldman says stocks connected to blockchain didn’t even fare that well. ( read original story ...)
Ethereum is about to get a huge facelift that could be help fix crypto’s climate problems — but spell the end of ether mining
"The merge" will transform how ether, the Ethereum blockchain's cryptocurrency, will be created — which will, in theory, consume 99% less energy. ( read original story ...)
Crypto trading platform eToro launches $20 million NFT fund as industry approaches inflection point
EToro is launching a fund to support new digital art in a first step toward broader expansion of NFT investment services. ( read original story ...)
Crypto industry needs ‘sensible’ regulation, expert says
Ava Labs President John Wu weighed in on potential regulation for cryptocurrencies, arguing that it is most important that there is "certainty" in the near future. ( read original story ...)
‘Spigots of capital’ will flood into crypto once policy and regulation are set, ‘Shark Tank’ investor Kevin O’Leary predicts
"What we're missing is policy. When we get policy, and the regulator regulates, that's not a negative thing," O'Leary said at a conference. ( read original story ...)
Ex-Sen. Cory Gardner joins crypto lobbying group
Former Sen. Cory Gardner (R-Colo.) will join the Crypto Council for Innovation as its chief political affairs strategist, the industry trade group said Thursday. The council, which is backed by crypto ... ( read original story ...)
Ronin Network bailed out by crypto giant after hack
A cryptocurrency and NFT games company which was hacked for $540m (£412m) last month says its customers will now be reimbursed after a cash injection.Hackers emptied the company's Ronin Network ... ( read original story ...)
KKR To List Japan’s Kokusai Electric As Early As June, Sources Say
U.S. private equity firm KKR & Co Inc plans to take Japanese chip equipment maker Kokusai Electric Corp public in an IPO as early as June, three sources said, in what is likely to be Tokyo's biggest ... ( read original story ...)
Japan Nikkei extends losses on Fed aggressive rate hike bets
Meanwhile selloff was also fuelled amid concerns over the war in Ukraine and more sanctions on Moscow. The United States imposed more sanctions on Moscow as Russian forces bombarded Ukrainian cities, ... ( read original story ...)