Bitcoin’s market value reached $1 trillion for the first time, a surge that’s helping cryptocurrency returns far outstrip the performance of more traditional assets like stocks and gold. ( read original story ...)
SEC is ‘dead wrong’: Former chair Mary Jo White defends Ripple in pivotal crypto case
When the Securities and Exchange Commission filed a lawsuit in the waning days of the Trump administration against cryptocurrency company Ripple in December, the broader crypto industry reacted with ... ( read original story ...)
With Bitcoin At $50K, Which Crypto Stocks Should You Pick?
Cryptocurrency stocks have continued their surge this year, driven by retail and institutional interest. While the crypto market bellwether Bitcoin has soared 5x over the last 12 months and by almost ... ( read original story ...)
ThinkMarkets Enters FX Market in Japan with New Acquisition
ThinkMarkets has acquired the Japanese FX firm, Japan Affiliate, in a move that allows the firm to offer its service in Japan. ( read original story ...)
Public sector IPOs to warm up to anchor investors
Illustration: Dominic Xavier/Rediff.com More than a decade after its introduction, the government has decided to use the provision of anchor allotment for initial public offering (IPO). ( read original story ...)
Japan Nikkei extends losses to third straight session
At closing bell, the 225-issue Nikkei Stock Average dropped 218.17 points, or 0.72%, to 30,017.92. The broader Topix index of all First Section issues on the Tokyo Stock Exchange declined 12.96 points ... ( read original story ...)
ECB plans closer scrutiny of bank boards
The European Central Bank plans to increase scrutiny of bank board directors and will take look more closely at diversity within management bodies, ECB supervisor Edouard Fernandez-Bollo said on ... ( read original story ...)
Japan Cuts Economic Outlook in Feb for First Time in 10 Months
Japan's government cut its view on the overall economy in February for the first time since April last year as an extended state of emergency to curb coronavirus infections battered consumer spending. ( read original story ...)
Outlook solid on mulled Okada Manila Spac IPO: analysis
Universal Entertainment Corp’s idea for a stock-market listing in the United States of its Philippine casino resort, Okada Manila, via a special-purpose acquisition company (Spac), could be an ... ( read original story ...)
Nikkei slips on profit-taking, logs weekly gain
Japan's Nikkei share average slipped on Friday as profit-taking ahead of the weekend trumped optimism over a broad economic recovery, though the index gained for a third straight week. ( read original story ...)
Japan’s Nikkei drops below 30,000 in morning after Wall Street’s retreat
Tokyo stocks dropped Friday morning, with the benchmark Nikkei stock index falling below the 30,000 threshold for the first time in four days following losses on Wall Street overnight and on concerns ... ( read original story ...)
Japan’s stocks have outperformed Europe — but investors are still not seeing its potential, say strategists
Japanese stocks have outperformed their European peers for years, but investors have yet to realize its potential, strategists told CNBC. ( read original story ...)
Japan PM Suga’s cellphone cut call adds to BOJ’s headaches
Prime Minister Yoshihide Suga is making life tougher for the Bank of Japan as carriers respond to his calls to cut cellphone charges, a move seen as adding deflationary pressure on the country's ... ( read original story ...)
Nikkei slips below 30,000 as rally fizzles before weekend
Japan's Nikkei share average slipped on Friday, falling back below the 30,000 mark it has recovered for the first time in three decades earlier this week, as profit-taking ahead of the weekend trumped ... ( read original story ...)
‘Crypto’: Hidden From View, Yet on Everyone’s Lips
An ancient term for something secret has been applied to many modern enigmas, including the hottest new form of currency ... ( read original story ...)
Bitcoin Surges on Retail Investors Bullish on Crypto, Wary of Dollar
"Given the constant inflow of corporate participation and retail investors, we expect Bitcoin prices should continue to be skewed to the upside, at least in the near term," Lennard Neo, an analyst at ... ( read original story ...)