Japan's Shinsei Bank Ltd 8303.T will in three years have a plan in place to repay $3 billion in public funds as it ... ( read original story ...)
Factbox: Crypto’s biggest hacks and heists
Hackers have stolen cryptocurrency worth almost $615 million from a blockchain project linked to the popular online game Axie Infinity, in the latest cyberheist to hit the digital asset sector. ( read original story ...)
Biden Crypto Executive Order Portends Dollar Destruction, Liberty Erosion | Opinion
How are the American people to believe a digital dollar would serve as anything other than a tool for surveillance and control? ( read original story ...)
Tokyo stocks fall further on oil prices, yen
Tokyo shares slipped Wednesday morning, driven down by high oil prices as well as a surging yen despite global rallies on news that peace talks over Ukraine are making progress.The benchmark Nikkei ... ( read original story ...)
Hackers Steal About $600 Million in One of the Biggest Crypto Heists
Hackers stole about $600 million from a blockchain network connected to the popular Axie Infinity online game in one of the biggest crypto attacks to date. ( read original story ...)
Explained: Why Bank of Japan is keeping rates low despite a stumbling yen
Bank of Japan has bucked the global trend for a tighter monetary policy and maintained an ultra-loose stance. But BOJ is finding it difficult to keep control of key bond yields, stoking speculation ... ( read original story ...)
Japan Display unveils tech to extend smartwatch battery life
Japan Display on Wednesday said it planned to begin production of new display panel components it says can significantly lower power consumption and extend the battery life of smart watches and other ... ( read original story ...)
Japan to ask firms not to pay for Russian gas in roubles
Japan Hirokazu Matsuno Russia demanded last week that “unfriendly” countries must pay in roubles, not euros, for its gas in the wake of the United States and European allies teaming up on a series of ... ( read original story ...)
Japan’s Shinsei to set path in three years to repay $3 billion public funds
Japan's Shinsei Bank Ltd will in three years have a plan in place to repay $3 billion in public funds as it taps synergies with its new parent to enhance its capital base, its new chief executive said ... ( read original story ...)
Arm plans transfer of shares in China JV to speed up U.S. IPO – FT
UK's Arm Ltd is planning to transfer shares in its Chinese joint venture to a SoftBank Group special purpose vehicle to speed up its initial public offering plans, The Financial Times reported on ... ( read original story ...)
SoftBank to Shift Arm’s Stake in Troubled China Unit Before IPO
Arm China to parent SoftBank Group Corp. and revising how it accounts for the troubled Chinese affiliate, a bookkeeping change that may ease the British chip designer’s path to an initial public ... ( read original story ...)
Kioxia to build NAND flash plant with WD; Leapmotor plans IPO; Suzuki to build battery plant in India
This Asia tech industry summary will mainly focus on Kioxia and Western Digital (WD) planning to invest JPY 1 trillion (US$8.19 billion) to build a new NAND flash factory in Japan, China-based ... ( read original story ...)
Market LIVE: SGX Nifty signals gap-up start for Sensex, Nifty; Hariom IPO opens, last day for Uma Exports IPO
Domestic equity market benchmarks BSE Sensex and Nifty 50 were staring at a gap-up start on Wednesday, a day before monthly F&O expiry. Nifty futures were trading 155.50 points or 1 per cent up at ... ( read original story ...)
The 25 crypto startups that Y Combinator is backing in its W22 batch
Crypto was big at YC this batch. Y Combinator Demo Days returned yet again with another ballooning heap of startups. In the old days, a gaggle of TechCrunch reporters would go to the Demo Day in ... ( read original story ...)
Japan’s Nikkei retreats from 10-week high as traders book profits
Japan’s Nikkei index fell on Wednesday, sinking from a 10-week high hit in the previous session, as traders locked in profits heading into the new fiscal year after snapping up shares on Tuesday to ... ( read original story ...)
Central Bank Versus the Bond Market Is Turning in Japan’s Favor
The Bank of Japan stepped up its extraordinary market interventions aimed at capping yields Wednesday, surprising investors with a pledge to buy more securities than planned and include longer-dated ... ( read original story ...)