Walmart has said it is "open to an IPO" for its Indian e-commerce arm Flipkart but there is "no specific timeline" for the share sale. Both Flipkart and payment app PhonePe continue to do well, ... ( read original story ...)
Japan Eyes Another Big Stimulus Package Before Possible Sept Poll – Nikkei
Japan Eyes Another Big Stimulus Package Before Possible Sept Poll – Nikkei TOKYO (Reuters) -Japanese Prime Minister Yoshihide Suga is likely to compile another big economic stimulus package before ... ( read original story ...)
Tokyo’s Nikkei share average closes up 0.34 pct
Japan's benchmark Nikkei average closed up 0.34 percent at 28,958.56 on Thursday, while the broader Topix shed 0.02 percent at 1,956.73. TOKYO, June 10 (Reuters) - Japan's benchmark Nikkei average The ... ( read original story ...)
Japan’s benchmark 10-year bond yield touches 5-month low
The liquidity auction held by Japan's finance ministry received bids worth 4.42 times, higher than a bid-cover-ratio of 4.28 at the previous auction. The 10-year JGB yield JP10YTN=JBTC fell two basis ... ( read original story ...)
El Salvador makes bitcoin legal tender as president looks to volcanos to mine crypto
El Salvador has become the first country to adopt bitcoin as legal tender, but President Nayib Bukele wants to take this one step further with a plan to create 100% renewable cryptocurrency mining ... ( read original story ...)
China arrests over 1,100 suspects in crackdown on crypto-related money laundering
Police in China arrested over 1,100 people suspected of using cryptocurrencies to launder illegal proceeds from telephone and Internet scams in a recent crackdown, the Ministry of Public Security said ... ( read original story ...)
Crypto Isn’t About Money. It’s About Fandom
Ugh, more crypto garbage,” reads one DM. “I guess we need to destroy the planet for some stupid GIF.” And then, from someone else: “I do feel, at some level, that this is the most important thing that ... ( read original story ...)
Citicore eyes P10-B listing of solar plants in unique REIT IPO
Megawide Construction Corp.’s privately held sister company, Citicore Power Corp., may list its solar power assets via the country’s first ever energy-focused Real Estate Investment Trust (REIT) ... ( read original story ...)
Crypto Is ‘Wild West’ Needing Consumer Protections, Warren Says
The U.S. government needs to step up oversight of the digital currency market and find ways to protect consumers from scams stemming from the rapid rise of cryptocurrencies, Massachusetts Democratic ... ( read original story ...)
Crypto Finally Has a Reason to Exist
The future of cryptocurrency may well depend on the future of decentralized finance, which is uncertain but growing. ( read original story ...)
Japan’s Suga to compile big stimulus package around summer – Nikkei
Japanese Prime Minister Yoshihide Suga's administration will compile a large-scale economic stimulus package before calling a snap election in September, the Nikkei newspaper reported on Thursday. ( read original story ...)
Coinseed crypto app shutters after New York AG Letita James investigation
James alleged the cryptocurrency trading app was operating illegally in New York. Coinseed CEO: I'm the victim here. ( read original story ...)
The CEO of DraftKings says he’s looked into adding crypto as a form of payment, but regulations are preventing it
"As of now, crypto is not an approved payment type in any of the states where we're live," Robins said. ( read original story ...)
Bitcoin is legal tender in El Salvador. What does it mean for the broader crypto market? Some bulls think ‘it could be huge’
Bitcoin is officially legal tender in El Salvador, a country in Central America with a population of 6.5 million and a gross domestic product of about ... ( read original story ...)
Asia-Pacific Shares Mixed; China PPI Higher than Expected, Japan’s Nikkei Weighed Down by US CPI Worries
China stocks ended higher on Wednesday after data showed producer prices in May grew at their fastest annual pace in more than 12 years. ( read original story ...)
China’s Crypto Crackdown Intensifies With New Mining Ban And Censorship—But Bitcoin Is Rallying
Overlooking the Chinese regulatory concerns, bitcoin prices are surging 15% Wednesday amid historic adoption in El Salvador. ( read original story ...)