Tag: finance

Japan's Nikkei ended lower on Wednesday, as growth-oriented stocks took a beating amid investor concerns that the U.S. Federal Reserve might speed up policy tightening to cope with broadening ... ( read original story ...)

The digital currency will be backed by bank deposits and use a common platform to speed up large-scale fund transfers and settlement among companies, and cut costs. ( read original story ...)

A new digital currency backed by bank deposits is set for a test run in Japan as early as this year under an effort involving the nation's top banks and about 70 other companies. ( read original story ...)

The US has many regulators connected with banking organizations, the arrival of a new asset class or a mix of asset classes starts a turf war on which agency gets to regulate them. SEC, OCC, Fed, FDIC ... ( read original story ...)

Oil prices fell on Wednesday as the US-led coordinated release of stocks from strategic reserves eased concerns over tightness in global supply, while investors took profits from the previous day's ... ( read original story ...)

Japan's Nikkei fell on Wednesday, as growth-oriented stocks took a beating from worries the U.S. Federal Reserve might speed up policy tightening to cope with the rising spectre of inflation. TOKYO, ... ( read original story ...)

A lot of people are suddenly betting that in the metaverse, .eth addresses will be the new .com. So what is amazon.eth worth? ( read original story ...)

Some think El Salvador's volcano-powered, bitcoin-back bonds could help the bitcoin price climb to $1 million per bitcoin in just five ... ( read original story ...)

A consortium of roughly 70 Japanese firms, including the country's three mega-banks, will begin a test launch of a digital currency as early as late 2022, the Nikkei newspaper said on Wednesday. ( read original story ...)

Investors have focused on what Fed Chairman Jerome Powell's renomination means for interest rates, but coming personnel changes at the central bank will ... ( read original story ...)

Longfor Group Holdings Ltd. is considering an initial public offering for its property management business in Hong Kong that could raise as much as $1 billion, people with knowledge of the matter said ... ( read original story ...)

Cloud Village, which postponed its original IPO in August amid an intense crackdown by Chinese authorities on technology companies, is marketing its shares at HK$190 to HK$220 apiece. ( read original story ...)

As far as we’re aware this is the first attempt by the US’s banking regulators – a group which includes not only the Fed, but the Federal Deposit Insurance Corporation and Office of the Comptroller of ... ( read original story ...)

MoonPay recently raised $555 million from Tiger Global and Coatue, in large part to speed up its push to make NFTs less complicated to buy. ( read original story ...)

Hi, it’s Katie in San Francisco — welcome to the Bloomberg Deals newsletter. Today I’m recalling a recent chat I had with some of the people behind one of the crypto world’s rising stars and recapping ... ( read original story ...)

U.S. banking agencies have set an agenda for how to begin tackling oversight of the cryptocurrency industry, according to a joint statement issued Tuesday that addressed custody, crypto-backed loans ... ( read original story ...)