Japanese government bonds rallied on Monday, sending the benchmark 10-year yield to a nearly three-month low, as investors flocked to the safest assets amid jitters over the fallout from Silicon ...
Japan’s Matsuno: Don’t see big impact on Japanese financial companies from SVB fallout
Japan Chief Cabinet Secretary Hirokazu Matsuno said on Monday, they don't see big impact on Japan's financial companies from the SVB fallout. Key quotes “Japan’s financial ins ...
What the failures of Signature, SVB and Silvergate mean for the crypto sector
The failure of crypto-focused banks once again showed the vulnerability of stablecoins, which can lose their peg in unusual financial situations.
SVB Collapse Shows Fickleness of Crypto Money
The world’s second-biggest stablecoin got thrown off its peg because of the demise of a bank relatively unknown outside Silicon Valley.
Signature Bank Closure Deals Another Blow to Crypto Industry
The closure of Signature Bank, a lender that counted a number of crypto companies as customers, marks another major setback for digital assets as the industry becomes ever more cut off from the ...
Nikkei and other Asian markets sink on jitters after U.S. bank crisis
Asian shares mostly fell Monday, shaken by a Wall Street tumble that set off worries the biggest U.S. bank failure in nearly 15 years might have ripple effects around the world.
Crypto Moguls Spark Wild Speculation They Could Buy Silicon Valley Bank Amid Bitcoin Price Chaos
Amid the mayhem, Changpeng "CZ" Zhao, the chief executive of the world's largest bitcoin and crypto exchange Binance, hinted that now could be the time to buy a bank while Tesla billionaire Elon Musk ...
G-7 Aims to Build Chip Supply Chain Together, Nikkei Reports
Group of Seven member states will agree to build a supply chain of strategic chip-manufacturing materials together when leaders meet in Japan in May, the Nikkei reported, without saying where it ...
PishPosh postpones $9M IPO, two days after shares were priced
The company gave no reason for the delay, stating only that it intended to pursue an IPO at a later date. PishPosh announced early Wednesday that it had priced 1.8M of its shares at $5 per share ...
More than $70 billion wiped off crypto market in 24 hours as bitcoin drops below $20,000
A number of issues are weighing on cryptocurrency markets including a sell-off in U.S. stocks and issues at Silicon Valley Bank. Bitcoin fell below $20,000.
Broken Banks Put Pressure On Crypto, Market Leaders End Week Down 10%
Bitcoin in recession global market crisis stock red price drop arrow down chart fall, Money losing moving economic inflation deflation investment loss crash, 3d rendering. getty.
Crypto bank Signature falls on Friday amid troubles at Silicon Valley Bank, Silvergate
Signature Bank shares dropped as much as 32% on Friday and were at one point halted amid a sell-off in bank stocks that continued for a second day.Signature, one of the main banks to the cryptocurrency industry,
Japan’s Central Bank Gov. Haruhiko Kuroda Ends Term and Touts Successes
Haruhiko Kuroda defended himself against critics at the final news conference of his 10-year term.
More than $70 billion wiped off crypto market in 24 hours as bitcoin drops 8% below $20,000
Bitcoin fell below $20,000 on Friday hitting a near-two month low after a stock market sell-off in the U.S. Another factor weighing on crypto prices is the collapse of Silvergate Capital, a major ...
Shein reportedly looking to raise two billion dollars, sights on IPO
Chinese fast fashion retailer Shein is reportedly looking to raise around two billion dollars in a new funding round this month, just weeks after it set a ...
Japan’s Longtime Central Bank Chief Departs, Leaving Strong Legacy
Haruhiko Kuroda has overseen his last interest rate meeting, keeping the country's controversial super-easy monetary policy in place.