Suspended withdrawals at cryptocurrency brokerage Genesis amid the widening crypto-market meltdown have cast an unwanted spotlight on Barry Silbert, the man at the helm of the Digital Currency Group ...
Fallen Crypto Billionaire Admits His Persona was a Sham in New Interview
FTX via ReutersIf there were lingering doubts about Sam Bankman-Fried’s strategic thinking—assuming one could overlook the bankruptcy filing, the bizarre tweets, and the billions of dollars in missing ...
Chipmakers drag Japan’s Nikkei lower on Micron supply cut
Japan's Nikkei edged lower on Thursday, with chip-related companies Tokyo Electron and Advantest dragging the most after Micron Technology scaled back its memory chip supply and capital spending, ...
Japan Auto Lobby Opposes Plan for Mileage Tax on Electric Vehicles
"We are firmly opposed to the hasty introduction of measures such as a mileage tax without public discussion," said Seiichi Nagatsuka, vice chair of the Japan Automobile Manufacturers Association.
Syla Technologies Corp. Files for IPO
By Stephen Nakrosis Syla Technologies Corp. filed for an initial public offering with the U.S. Securities and Exchange Commission on Wednesday. The ...
SoftBank to sell shares worth $200 mn in Paytm via block deal
BofA Securities is the banker for the Paytm block deal.One97 shares fell over 4.02% to ₹601.30 on Wednesday, far below its IPO price of ₹2,150 a share ...
Renault considers transferring over half of Nissan stake to match holdings – Nikkei
Renault SA may transfer more than half of a stake it owns in Nissan Motor to a trust to match the Japanese carmaker's holdings in itself, the Nikkei newspaper reported on Thursday. Renault would ...
Asia-Pacific markets to trade mixed with a slew of economic data ahead
Shares in the Asia-Pacific are set to trade mixed as a number of economic data is slated to be released in the region ...
Japan logs 2.16 tril. yen trade deficit in October
Japan had a trade deficit of 2.16 trillion yen ($15.5 billion) in October, the Finance Ministry said Thursday. Exports gained 25.3 percent while imports increased 53.5 percent, the ministry's ...
Japan Oct exports jump but higher imports aggravate trade deficit -MOF
Japan's exports grew 25.3 per cent in October from a year earlier, Ministry of Finance (MOF) data showed on Thursday, for the 20th straight month of annual gains driven by the weaker yen's boost to ...
Japan Has Y2,162.3 Billion Trade Shortfall In October
Japan posted a merchandise trade deficit of 2,162.3 billion yen in October, the Ministry of Finance said on Thursday. That missed ...
Japan’s exports log 20th straight month of growth in October
Japan's exports rose for the 20th consecutive month in October, driven by robust overseas demand for autos and semiconductors, Ministry of Finance data showed Thursday.
What happened to FTX, and how does it affect crypto traders?
Global exchange FTX filed for Chapter 11 bankruptcy, and it lost up to $2 billion in user funds. Here's what to know about how it could affect you.
FTX investor sues Tom Brady, Gisele Bundchen and others as crypto contagion spreads
The fallout from the spectacular implosion of crypto giant FTX has triggered a cascade of wide-reaching effects: It's ensnared a number of celebrities who endorsed the now-bankrupt platform, and ...
FirstFT: ‘Unprecedented’ crypto turmoil
Genesis Trading has halted withdrawals at its lending unit as the crypto financial services group blamed the “unprecedented market turmoil” sparked by the collapse of Sam Bankman-Fried’s FTX. Genesis, ...
Lamborghini has been developing an IPO strategy ‘for a long time’
Up until a little while ago, it wasn’t so well known.” “An IPO drill is exactly what you do to show the public how solid you are and what is in progress for the future,” Winkelmann said.