The Nikkei 225 stock average closed at a 33-year high Friday, capping an 18% rise this year. The last time the benchmark was at this level, phones couldn’t send text messages, George H.W. Bush was president and the Soviet Union was still a thing.
How the FBI prevented $130 million in crypto ransomware attacks by hacking the hackers behind Hive
Fortune Crypto provides smart and timely news about Bitcoin, Ethereum and how startups and big companies are using blockchain to transform finance and investing.
‘No need to blow up 8 years of building’ over one U.S. regulator—institutional investors offer a reassuring long view of crypto
The crypto industry is more volatile than most, so it's not surprising many people tend to view it through all-or-nothing narratives. Depending on your point of view, crypto is either about to take ...
Bitcoin Miami 2023 underway after lengthy ‘crypto winter’ cuts prices in half
CNBC’s Mackenzie Sigalos joins 'Squawk on the Street' from the year's biggest cryptocurrency event, Bitcoin Miami 2023.
Japan’s Nikkei 225 Surges to 33-Year Peak, With an 18% YTD Gain
Japan’s Nikkei 225 stock average closed at a 33-year high on Friday, reaching levels last seen over three decades ago. The index, which has risen 18% this year, saw particular investment from foreign ...
Bank of Japan chief warns against premature policy change even after price jump
Bank of Japan Gov. Kazuo Ueda continued to strike a dovish tone hours after data showed underlying inflation accelerating to the fastest pace in more than four decades. “The cost of impeding the ...
Crypto Trading Is Heading for the Fringes After Flirting With Mainstream
As Jane Street Group, Jump Trading and other major firms pull back from crypto trading in the US amid heightened regulatory scrutiny, the market is quickly becoming less liquid, less mainstream and less attractive to institutional investors.
Japan’s Perfect Economic Wave Cresting Nicely
The Japanese economy is booming, wages are surging, the stockmarket is at levels not seen in three decades and the outlook is its most upbeat in years.
Japan Stocks Extend Rally as Nikkei 225 Hovers at 1990 High
Japanese stocks rose, with the Nikkei 225 Stock Average trading at the highest in nearly 33 years, as optimism the US will avoid default added to bullish sentiment that has fueled one of the world’s best rallies of 2023.
Japan, France leaders vow to strengthen ties as Paris eyes more access
SEOUL (Reuters) -South Korea's finance minister on Friday met the Chinese ambassador and discussed economic cooperation, as diplomatic tensions with Beijing put... JERUSALEM (Reuters) -Tens of ...
GBP/JPY drops below 172.00 amid higher-than-projected Japan Inflation
GBP/JPY has slipped sharply below 172.00 amid a surprise jump in Japan’s inflation. Higher-than-projected Japan’s inflation numbers won’t impact BoJ’s prolonged ultra-dovish policy stance. Investors ...
Ex-CFO of Seattle startup indicted after allegedly moving $35M in company funds to crypto business
Federal prosecutors on Wednesday indicted the former chief financial officer of a Seattle-based e-commerce startup for wire fraud. Ex-Fabric CFO Nevin Shetty funneled around $35 million in company ...
Japan’s consumer inflation stays above c.bank target as price hikes broaden
Japan's core consumer prices rose 3.4% in April from a year earlier as price hikes broadened, data showed on Friday, casting doubt on the central bank's view inflation will slow back below its 2% ...
Meet the Mixed-Race Millennial Who Just Might Represent the Future of Japanese Politics
The 34-year-old, mixed-race parliamentarian stands out from her peers in Japan’s government—and she wants to change that ...
US to unveil ‘substantial’ sanctions package against Russia at G-7 summit in Hiroshima
The U.S. will unveil a “substantial” sanctions package against Russia on Friday at the Group of 7 (G-7) summit in Hiroshima, Japan, as the global meeting puts international support for Ukraine at the ...
North Korean hackers drain Japan of $721 million in cryptocurency: Report
Despite the international condemnation and sanctions against the Pyongyang regime, it appears that the Asian crypto market’s vulnerability has presented an enticing opportunity. Japan and Vietnam ...