A car owned by the Finance Ministry fatally hit a pedestrian on a road near the Diet building in Tokyo on Thursday before overturning ...
URGENT: Japan to take appropriate step on forex volatility: currency diplomat
Japan's top currency diplomat Masato Kanda said Friday that the Finance Ministry will take an "appropriate step" to address excessive movements of the yen. The comment by Kanda, vice finance minister ...
South Korea, Japan to hold bilateral finance ministers meeting on June 25
The finance ministers of South Korea and Japan will hold a bilateral meeting in Seoul on June 25, South Korea's finance ministry said on Friday. The bilateral meeting takes place two months after Choi ...
Yen’s six-day slump highlights risk of Japan intervention
They now see the dollar-yen pair trading around 160 through the end of the year. This April and May, Japan’s Ministry of Finance ultimately spent some US$62.7 billion supporting the yen in moves that ...
FTT surges 10% as bitFlyer exchange closes in on FTX Japan acquisition
A local source revealed that Japan’s leading crypto exchange, bitFlyer, is negotiating to buy all shares of FTX’s Japanese subsidiary. Japan’s NHK news confirmed that the FTX firm is making ...
Japanese exchange BitFlyer to acquire FTX Japan
Following the acquisition, FTX Japan's core business is reportedly planned to shift to crypto asset management or custody, targeting institutional investors. FTX Japan is one of multiple firms ...
Crypto ‘Secondaries’ Prices Jump as Expectations of IPOs Climb
Crypto funds and private investors have been snapping up shares of private digital-asset companies in anticipation that some of them could be going public in the coming months.Equity in companies such ...
Three Japanese Stocks Estimated To Be Undervalued On The Tokyo Exchange In June 2024
Japan's stock markets exhibit a mixed performance, with the Nikkei 225 slightly up and the broader TOPIX Index experiencing a minor decline. This divergence underscores an environment where selective ...
APAC crypto crime spikes amid legal resource shortages: Chainalysis report
The APAC region faces a surge in crypto crime due to a shortage of legal resources and training, according to a 2024 report.
Shock Trump Crypto Leaks Spark 300% Price Crash After Bitcoin-Backing
After wild speculation this week that the Trump campaign could be behind a viral new cryptocurrency, a series of leaks have torpedoed the claims—crashing the price of the bitcoin
Montenegro Premier Personally Invested in Kwon’s Crypto Holdings
Montenegro’s Prime Minister Milojko Spajic personally invested in Terraform Labs Pte cryptocurrency holdings years before the company collapsed, US court filings showed.
Webtoon files for IPO—and reveals new information about how much creators get paid
LY Corporation, a Japanese internet company, holds a 28.7% share. Naver will remain firmly in control following the Webtoon IPO, with between 62% and 63.4% of the shares, depending on how many shares ...
UK Arrests Pair in Alleged £1 Billion Illegal Crypto Exchange
The UK’s financial watchdog and London police arrested two people in connection with an alleged illegal cryptocurrency exchange worth more than £1 billion ($1.3 billion).
Italy boosts crypto risk oversight and toughens sanctions, draft shows
Italy plans to adopt measures to beef up surveillance over risks tied to cryptoassets, including high fines for those who manipulate the market, a draft decree reviewed by Reuters showed on Thursday.
Japan’s century-old Norinchukin Bank gives warning over losses from higher-for-longer rates
It said losses this fiscal year may swell to $12.8 billion, triple an estimate made less than a month ago. Read more at straitstimes.com.
Mexican Food Chain Guzman Y Gomez Soars After Australia’s Biggest IPO of 2024
SYDNEY—Guzman y Gomez, a Mexican food chain that says it wants to operate as many restaurants in Australia as McDonald’s, began trading on Australia’s stock exchange following the country’s biggest ...