His company managed billions in assets and made him one of the world’s richest people. Then, almost overnight, it collapsed. With a fraud trial beginning next week, a documentary asks how he bewitched
Hong Kong’s Crypto Ambitions Hurt by a Scandal
Hong Kong wants to be a crypto hub. It is now dealing with a crypto scandal. The city’s Securities and Futures Commission promised more disclosures on Monday, amid an outcry over JPEX, an unregulated ...
Crypto Traders Brace for Nearly $5B Bitcoin and Ether Options Expiry
Options are derivatives that give the purchaser the right to buy or sell the underlying at a pre-determined price at a later date. Quarterly options settlements are closely watched by traders.
Hong Kong crypto firm hit by $200 million hack
Hackers stole around $200 million from crypto firm Mixin early on Saturday, the company said on social media platform X on Monday. Mixin, which lists its location on LinkedIn as Hong Kong, said the ...
Capcom sees game sales in India passing those in China in decade
Key to the Osaka-based company’s strategy are securing local tie-ups to lift the profile and sales of its PC games in emerging markets and expanding its offerings of console-quality titles to ...
From Asia with crypto: This week’s top 10 news
Asia – the pulsating heart of the crypto world, teeming with innovation, intrigue, and at times, deception. While the continent brims with stories, here’s a sharp look at the top ten that caught my ...
How the fall of the ‘King of Crypto’ cost one British man millions
As Sam Bankman-Fried awaits trial for fraud, his former investors wonder if they will ever recoup their losses.
BOJ’s Ueda: Must keep easy policy to sustainably hit price goal
Bank of Japan Governor Kazuo Ueda said on Monday the central bank must maintain ultra-easy monetary policy since sustainable achievement of its 2% inflation target was not yet in sight.
Japan’s Nikkei rebounds from worst week of 2023 as chip, pharma stocks rally
Japan's Nikkei share average rebounded sharply on Monday as investors bought back beaten-down stocks following the benchmark index worst week of 2023.
Japan’s Nikkei rebounds from worst week of 2023 after clearing BOJ, Fed tests
Japan's Nikkei share average rebounded sharply on Monday, as investors bought back beaten-down stocks after major risk events, including meetings of the U.S. Federal Reserve and the Bank of Japan, ...
Financial Services Agency promotes Japan’s investment attractions
Japan's Financial Services Agency is holding a series of events to highlight the country's attractiveness as a financial and capital market. They will be held at venues in Tokyo and Fukuoka from ...
Hang Seng Index, ASX 200, Nikkei 225 Index: Rally, Rebound, and Reversal: A Mixed Forecast for Asia
The Bank of Japan delivered its monetary policy decision on Friday, leaving interest rates and yield control curve policy unchanged. A sliding Yen fueled fears of a government intervention to bolster ...
Japan, Malaysia to discuss carbon storage with aim of 2028 start
TOKYO -- Japan will hold talks with Malaysia on storing Japanese power plant and industrial emissions of carbon dioxide in the Southeast Asian nation, with an aim of sending the first shipment in 2028 ...
Crypto Regulation Need To Evolve: Regulators And Innovators Both Need To Compromise
Tokenized currencies will shape the future of global reserve assets, and need better regulation to so effectively ...
Shock Crypto Leak Reveals Microsoft Could Be About To Blow Up The Price Of Bitcoin, Ethereum, XRP And BNB
While Wall Street giants such as BlackRock BLK -2.1% and JPMorgan are tip-toeing into the world of bitcoin, ethereum and crypto, Silicon Valley companies have been spooked by Facebook's failed swing ...
Citadel Securities is locked in a legal battle with 2 ex-staff who left to start a crypto firm and say they’re victims of ‘corporate bullying’
They left Citadel Securities Europe in March 2021 and the following month founded Portofino Technologies, a Swiss-based start-up that's developing high-frequency trading-grade technology for digital ...