Chris Dixon, who leads Andreessen Horowitz’s crypto fund, wrote in a blog post Monday that his conversations with lawmakers have made it “more apparent that the only way to counteract the lobbies of ...
How a big, messy ‘cleanup’ in crypto could pave way for a more regulated, mature market in 2024
Lifted by such excitement, bitcoin BTCUSD, -2.02% has rallied dramatically in 2023, with an over 150% gain year-to-date, according to CoinDesk data. The crypto was trading above $42,000 on Friday, ...
Japan’s Elusive Goal of “Savings to Investments”
Japanese households have stashed trillions in cash and deposits. Government officials have upheld the country’s “savings to investments” vision for decades but have made little progress as customers ...
US Steel to be acquired by Japan’s Nippon Steel for nearly $15 billion, companies announce
Nippon Steel Corporation is acquiring U.S. Steel in an all-cash transaction at $55 per share for a total enterprise value of $14.9 billion.
Japan’s chipmaking companies can’t quit the China chip market, despite Washington and Tokyo’s controls
The Tokyo Electroc Ltd. logo displayed at Semicon Japan in Tokyo on Dec. 13, 2023. Japanese chip equipment makers like Tokyo Electron are seeing interest for older chipmaking gear from China. Kiyoshi ...
Japan-led Asian green initiative works to scale up transition finance
The Asia Zero Emission Community (AZEC) is a framework proposed by Prime Minister Fumio Kishida last year for Asia's efforts to shift away from fossil fuels, seeking a relevant decarbonization ...
Japan’s Nikkei ends lower as investors await BOJ cue on policy
Japan's Nikkei share average ended lower on Monday as cautious investors awaited hints from the Bank of Japan (BOJ) Governor Kazuo Ueda for a possible shift in its ultra-low rates policy. The Nikkei ...
Japan’s Nikkei falls as investors await BOJ cue on policy shift
Japan's Nikkei share average slipped more than 1% on Monday as cautious investors awaited hints from the Bank of Japan (BOJ) Governor Kazuo Ueda for a possible shift in its ultra-low rates policy. The ...
Japan’s Kishida disliked by nearly 4 in 5 people, polls show – making him among most unpopular prime ministers ever
One survey found Kishida’s “disapproval rate” was at 79 per cent, the highest since the newspaper started conducting such polls more than seven decades ago.
New Crypto Rules Could Boost Tesla Value As Bitcoin Price Has Surged
Gains in digital assets held by Elon Musk's electric car company may now be better reflected in earnings via new accounting standards.
Asia markets take a breather, Bank of Japan decision and China LPR in focus this week
The Bank of Japan will hold its final meeting of 2023 on Tuesday, while China will announce its loan prime rates on Wednesday.
Nikkei May Open Lower on Profit-Taking
Japanese shares may open lower as investors look to book some profit after recent gains.
Bank of Japan’s exit strategy for interest rates
In the intricate tapestry of global finance, the Bank of Japan (BoJ) stands at a critical juncture, poised to maintain its negative interest rates policy at ...
Private Credit Rebounds in the Crypto Sector With a 55% Jump in 2023
More companies are tapping blockchain-based private credit as they hunt for financing in a world of elevated interest rates, sparking a partial revival in a sector that slumped amid last year’s crypto ...
Marketmind: Rally fades, Bank of Japan looms into view
A look at the day ahead in Asian markets. Asia kicks off the last full trading week of 2023 on Monday, with the U.S. Federal Reserve-fueled surge in risk appetite from last week losing steam and ...
Bank of Japan sets rates as Christmas nears
Next week’s economic news calendar definitely has an end of term feel, but there is one more Bank of Japan policy meeting to round out the year — with the BoJ pushing back quite heavily on “policy ...