Japan's current account surplus in November contracted 48.2 percent from a year earlier to 897.3 billion yen ($7.8 billion), declining for the fourth straight month, as high energy prices continued to ... ( read original story ...)
Bitcoin trading losses may have cost El Salvador $10 million amid crypto slump, report says
Led by President Nayib Bukele, El Salvador has bought at least 1,391 bitcoins using public funds, according to a Bloomberg estimate. ( read original story ...)
Crypto investing could get a boost as credit-reporting deal to ease borrowing
The deal could allow lenders to more accurately judge the risk profiles of cryptocurrency investors. Some investors could get lower borrowing rates or obtain loans without having to put up collateral. ( read original story ...)
Kim Kardashian is being sued for misleading investors about a crypto scheme
Kim Kardashian shared a post on social media promoting a little-known cryptocurrency token called EthereumMax. “Are you guys into crypto????” she wrote on Instagram, where she has more than 200 ... ( read original story ...)
Kim Kardashian and Floyd Mayweather sued by investors over alleged crypto scam
Kim Kardashian and Floyd Mayweather are being sued over allegations they misled investors when promoting a little-known cryptocurrency called EthereumMax to ... ( read original story ...)
Naomi Osaka Releases Her Third Collaboration With Nike
When she’s not dominating on the tennis court, Naomi Osaka is taking over the fashion world. After joining the Victoria’s Secret family, Osaka has debuted her third clothing collection with Nike. The ... ( read original story ...)
Japan gov’t loans Cambodia $185M for Covid-19 battle
The Japanese government has provided $185 million in loans to Cambodia through its Japan International Cooperation Agency (JICA) for the fight against Covid-19 and subsequent economic recovery efforts ... ( read original story ...)
Three renewable deals set stage for busy ’22, plus Japan Inc.’s ESG plan with Norio Masuda
By David Callaway, Callaway Climate Insights A year of deal-making in the renewables space has gotten off to a hot start in these early days of January as three big players— and a small fourth — ... ( read original story ...)
Japan Stocks rebound on bottom fishing
At closing bell, the 225-issue Nikkei Stock Average advanced 543.18 points, or 1.92%, to 28,765.66. The broader Topix index of all First Section issues on the Tokyo Stock Exchange increased by 32.54 ... ( read original story ...)
A quarter of small businesses across nine countries plan to offer crypto payments -Visa survey
Almost a quarter of small businesses in nine countries around the world plan to accept digital currencies as a form of payment in 2022, while 13% of consumers in those countries expect retail stores ... ( read original story ...)
IMF: Crypto Cannot Be A Hedge For Investments
The IMF is concerned about crypto’s “risk of contagion across financial markets.” A new paper from the International Monetary Fund this week highlights that cryptocurrency and equity markets are more ... ( read original story ...)
As Kazakhstan Descends into Chaos, Crypto Miners Are at a Loss
The central Asian country became No. 2 in the world for Bitcoin mining. But political turmoil and power cuts have hit hard, and the future looks bleak. ( read original story ...)
Covid-19 Pill Developer to Spend SPAC IPO Funds on Clinical Trial, Hiring
Biopharmaceutical firm Pardes Biosciences plans to spend a large chunk of the funds it raised through a public offering late last month on a pill it is developing to treat Covid-19, including on ... ( read original story ...)
The Bank of Japan is the main counterparty in the Fed’s FRRP facility
Two statistical series can be used to identify the Fed’s main counterparts. The structure of official foreign reserves2 indicates the amount of deposits (in the broad sense of the term, including ... ( read original story ...)
Teen Tennis Star Leylah Fernandez Follows Path Osaka, Williams Paved
Teenage tennis star Leylah Fernandez, who quickly became a fan favorite during her run to the U.S. Open final last fall, has agreed to a multi-year partnership with Youth Athletes United, the parent ... ( read original story ...)
Japan Wired Charging Market to Garner $1.2 Billion by 2030: Allied Market Research
Increase in demand and sustainable development in electronics gadgets, surge in demand for daily use electronic products, and rise in demand for electric cars have boosted the growth of the Japan ... ( read original story ...)