The group is seeking to become "a next-generation financial institution," Tatsufumi Sakai, president and group chief executive officer, has said. ( read original story ...)
Japan’s megabanks to extend four trillion yen in loans to NTT for NTT Docomo acquisition: Nikkei
TOKYO (Reuters) - Japan's three major banks and some others are set to extend about 4 trillion yen ($37.9 billion) in coordinated loans to NTT for the acquisition of its mobile carrier, the Nikkei ... ( read original story ...)
CFTC charges overseas trading company with engaging in illegal crypto transactions
The CFTC has charged an overseas trading company with "engaging in unlawful retail commodity transactions" involving crypto.The post CFTC charges overseas trading company with engaging in illegal ... ( read original story ...)
Chipmaker Kioxia postpones $3.2 billion IPO plan
Kioxia Holdings Corp, the world’s second-largest flash memory chipmaker, said on Monday it would postpone plans for an initial public offering (IPO) amid uncertainty in the global chip market stemming ... ( read original story ...)
High Debt. Low Growth. Are We All Japanese Now?
Asia’s second-largest economy holds lessons for the rest of us as the Covid-19 pandemic destroys jobs and rocks whole industries ... ( read original story ...)
Crypto Is Too Dependent on Dollars
With most stablecoins pegged to dollars, the crypto industry is wedded to a single currency with uncertain prospects. Time to diversify. ( read original story ...)
The Role of Crypto in a Broader Portfolio
However, not even the lauded 60/40 rule can protect a portfolio against systematic risk. For decades, hedge funds have sought an asset that can protect against such undiversifiable hazards—an asset ... ( read original story ...)
Alchemy Pay to Integrate Chainlink Price Feeds to Power DeFi Products and Fair Crypto Payments
Alchemy Pay, a pioneer in hybrid digital and fiat payment solutions, is integrating Chainlink’s Price Feeds to help power DeFi products in its DeFi platform as well as set fair market exchange rates ... ( read original story ...)
Breakingviews – Toshiba’s pulled chip IPO is tip of its worries
The reason for Kioxia’s decision to pull its $3.2 billion initial public offering on the eve of pricing depends on who you ask. The world’s second largest maker of flash memory chips said it was down ... ( read original story ...)
Kioxia’s Ambitious IPO Runs Up Against Reality
The collateral damage from Huawei’s trouble is widespread, but the problems with the now-delayed Kioxia public offering ran deeper. ( read original story ...)
Japan’s chipmaker Kioxia postpones $3.2 billion IPO plan
Kioxia Holdings Corp, the world's second-largest flash memory chipmaker, said on Monday it would postpone plans for an initial public offering (IPO) amid uncertainty in the global chip market stemming ... ( read original story ...)
Clients of Estonia’s E-Residency Project Linked to Crypto Scams
Foreigners granted remote access to Estonia’s digital infrastructure through its e-residency program are being linked to crypto-currency frauds abroad, threatening efforts to repair the Baltic ... ( read original story ...)
Japan’s little-known Nikkei 500 hits record high, outperforms U.S. S&P 500
SYDNEY (Reuters) - The Nikkei 225 share average, Japan's best-known stock benchmark, on Monday still stood 40% below its historic peak hit three decades ago, while its lesser-known sibling, the Nikkei ... ( read original story ...)
ANA Drops Most Since April After Reports of $1.9 Billion Raising
ANA Holdings Inc. tumbled as much as 8.5% in Tokyo trading Monday, its biggest intraday drop since April 1, after a report the airline is considering raising 200 billion yen ($1.9 billion) via a ... ( read original story ...)
Crypto Broker Sees Users Drawn to Bots to Beat Volatile Trading
A fledgling Chinese brokerage is betting that investors will flock to bot trading to capitalize on the price swings in the $300 billion cryptocurrency market. ( read original story ...)
The Biggest Story in Crypto: The Stablecoin Surge and Power Politics
Nic Carter appears on the Opinionated podcast to discuss the $20 billion stablecoin phenomenon and its implications for the financial system. ( read original story ...)