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Tag: nikkei

Posted on 12/10/2022

Crypto Attack Swipes $100 Million From DeFi Service Mango

An attacker spirited away about $100 million from decentralized finance provider Mango by manipulating the price of its token in an exploit that wiped out depositors on the crypto platform.

Posted on 12/10/2022

Chip Startup Defies Global Rout With 15% Surge in Tokyo IPO

Chip design firm Socionext Inc. jumped 15% in its Tokyo debut after completing Japan’s largest initial public offering this year, defying recent investor pessimism about global semiconductor ...

Posted on 12/10/2022

Crypto Winter Claims High Profile C-Suite Execs

If you said they’re dudes who used to be crypto CEOs and suddenly weren’t anymore, you’d also be correct.  This crypto winter has seen a string of high-profile exits from the C-suite, a mix of ...

Posted on 12/10/2022

Socionext Defies Chip Slump With Japan’s Biggest IPO This Year

Making its market debut on Wednesday, Japan's Socionext Inc bucked softening sentiment toward chips by surging 15% in Tokyo's biggest initial public offering of the year so far. Shares in the fabless ...

Posted on 12/10/2022

Chip firm Socionext soars in Tokyo debut after Japan’s biggest 2022 IPO

Socionext managed to attract buyers even in a weak market for IPOs in Japan, where proceeds slumped 80% this year on an annual comparison.

Posted on 12/10/2022

Japan stocks lower at close of trade; Nikkei 225 down 0.02%

Japan stocks were lower after the close on Wednesday, as losses in the Electrical/Machinery, Precision Instruments and Machinery sectors led shares lower. At the close in Tokyo, the Nikkei 225 lost 0.

Posted on 12/10/2022

Japan shares close flat as tech offsets travel boost

Japanese stocks ended flat after a bumpy trading session on Wednesday, with sliding tech companies countering gains in travel-related firms in a market that lacked direction ahead of this week's key U ...

Posted on 12/10/2022

The Ethics Of Crypto: Sorting Out Good Intentions And Bad Actors

Some see crypto as a positive good – and others see it as no-good: a polarized debate about whether blockchain is merely a tool, or a shaper of moral outcomes; whether we should restrict the ...

Posted on 12/10/2022

Japan’s Matsuno: to Take Appropriate Steps on Excess Forex Moves

Japan is closely watching foreign exchange moves with a high sense of urgency, and is ready to take appropriate steps on excess moves, Chief Cabinet Secretary Hirokazu Matsuno told a regular briefing ...

Posted on 12/10/2022

Seattle crypto exchange Bittrex faces record fine for violating U.S. sanctions

Seattle-based crypto exchange Bittrex was fined $24 million for helping clients evade U.S. sanctions in Syria, Iran, Crimea and elsewhere.

Posted on 12/10/2022

Crypto Investor Newsletter: Disney, Australia, and China’s Digital Yuan

In this newsletter, stay tuned for a round-up of this week’s crypto developments, including a look at what’s happening with central bank digital currencies (CBDCs) around the world and the metaverse.

Posted on 12/10/2022

Chip Firm Socionext to Debut in Tokyo After Japan’s Biggest 2022 IPO

They were sold at 3,650 yen each, the top of the marketed range in an IPO that was upsized to 66.8 billion yen ($459 million) due to high investor interest. The deal managed to attract buyers even in ...

Posted on 12/10/2022

Asia-Pacific markets set to trade lower as growth slowdown fears loom; Bank of Korea decision ahead

Investors are also waiting for inflation data from the U.S. due later this week. The Nikkei futures contract in Chicago was at 26,345 while its counterpart in Osaka was at 26,380 — slightly lower ...

Posted on 12/10/2022

Yen Weakens Past Level That Triggered Last Japan Intervention

The yen weakened past 145.90 to a fresh 24-year low, raising speculation over whether and when Japanese authorities would step in to prop up the currency as they did last month.

Posted on 12/10/2022

Bitcoin holds steady around $19,000 amid growing signs of institutional adoption

Bitcoin on Tuesday continued to float in the $19,000 level as investors await CPI data and institutional interest grows.

Posted on 12/10/2022

SettleMint lands €16M to beef up its web3 low-code platform and enter Japan

Blockchain has quickly evolved beyond its financial origins and crypto pump-and-dump frenzy. From agricultural companies to auto manufacturers, established sectors have come to embrace the ...

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