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 ...
Guzman Y Gomez surges 37% in hottest Australian IPO in three years
It was the biggest first-day gain by a large Australian company since 2021 and the country's third-best performing IPO in five years ... It also has outlets in Japan, Singapore and the United States.
Japan’s Nikkei falls as heavyweight stocks track European stocks
TOKYO: Japan’s Nikkei share average fell on Thursday, tracking declines in European stocks in the previous session, with heavyweight stocks dragging the index lower. The Nikkei fell 0.64% to 38,324.1 ...
Japan Post Bank to buy more bonds in light of BOJ taper plan
Japan Post Bank has ramped up investment in JGBs with the balance of holdings totaling ¥5.15 trillion as of March, expanding 1.5-fold from levels in December last year.
Tokyo Shares Lower In Morning Trade
Tokyo stocks opened lower on Thursday as European markets drifted downwards overnight, while Wall Street was closed.
Century-old Japanese bank sends warning to world on higher-for-longer rates
Norinchukin Bank warned that losses this fiscal year may swell to 1.5 trillion yen (S$12.8 billion). Read more at straitstimes.com.
JGBs Edge Higher; Focus on Reports of Japan’s Debt-Issuance Duration-Shortening Plan
0028 GMT — JGBs edge higher in the morning Tokyo session, with traders digesting reports of Japan’s debt-issuance duration-shortening plan. Media reported on the contents of a proposal by a Ministry of Finance study group on sovereign debt management ...
Japan’s Eneos, Mitsubishi to expand alliance into hydrogen, decarbonised fuels
TOKYO, June 18 (Reuters) - Japan's top oil refiner, Eneos Holdings (5020.T ... quarter room revenue in the UK as weekend bookings were slightly lower. Sustainable Finance & Reportingcategory Musk plans stock option grants to Tesla's high-performers ...
Japan’s Century-Old Bank Sends Warning to World on Higher-for-Longer Rates
While Norinchukin and the Japanese government have expressed confidence in the bank’s ability to weather the losses, the episode is a reminder of the dangers still lurking in the financial system 15 ...