Group of Seven (G7) finance leaders on Friday pledged to closely monitor markets given recent volatility and reaffirmed their commitment on exchange rates, nodding to Japan's concern over recent sharp ... ( read original story ...)
Japan PM Says Important to Keep Close Ties With Overseas FX Authorities – Nikkei Interview
Japanese Prime Minister Fumio Kishida said it was important for Japan to maintain close ties with overseas currency authorities, in an exclusive interview with Nikkei newspaper published on Friday. ( read original story ...)
Japan shares higher at close of trade; Nikkei 225 up 1.27%
Japan equities were higher at the close on Friday, as gains in the Shipbuilding, Transportation Equipment and Mining sectors propelled shares higher. At the close in Tokyo, the Nikkei 225 rose 1.27%. ( read original story ...)
Japan April Consumer Inflation Beats BOJ Target For 1st Time In 7 Years
Japan's core consumer inflation in April exceeded a central bank target of 2% for the first time in seven years, but only thanks to rising import costs, not the strong domestic demand that the central ... ( read original story ...)
Japan MOF Exec Held for Alleged Assault on Train in Tokyo
A senior official of the Japanese Ministry of Finance was arrested on Friday for allegedly hitting and kicking another passenger while on a train traveling in Tokyo, investigative sources said. ( read original story ...)
Share Market Live: SGX Nifty hints Dalal Street headed for gap-up open; eMudhra IPO to open
Ahead of today's session, Nifty futures were trading 211 points, or 1.34%, higher at 15,996, signaling that Sensex, Nifty to open higher. ( read original story ...)
Japan Ministry of Finance official arrested for suspected assault – NHK
Senior MOF official Heihachiro Ono, who was reportedly intoxicated at the time of the arrest, is accused of hitting and kicking another passenger on the subway ... ( read original story ...)
Sudden Price Spiral Warning Issued Over Major Stablecoin As Bitcoin And Ethereum Bounce From Crypto Crash Lows
A Barclays strategist has warned tether could be hit by a price spiral if holders rush to sell it "quickly before its price falls even ... ( read original story ...)
Japan calls on G7 to reaffirm FX agreement, says finance minister Suzuki
Japanese Finance Minister Shunichi Suzuki said on Thursday he called on his G7 counterparts to reaffirm the group's agreement on exchange-rate policy."I explained how recent currency moves have been ... ( read original story ...)
There’s more crypto destruction to come: Blockchain.com CEO
Blockchain.com CEO Peter Smith says the ripple effect from the past few brutal weeks in crypto will take time and there's more "creative destruction" coming. ( read original story ...)
Crypto Exchange FTX Digs Into Stock Trading Alongside Its Coin Game
It joins the likes of Robinhood in the online stock trading scene, but the announcement couldn’t have come at a stranger time in a hemorrhaging market. ( read original story ...)
The Goldilocks crisis may have arrived for crypto
Sadly, back then, that crisis never occurred; instead credit derivatives and subprime mortgage lending continued to explode until they sparked the 2008 crisis that almost did “burn” the financial ... ( read original story ...)
Crypto exchange FTX U.S. gets into stock trading
The U.S. affiliate of crypto exchange FTX plans to roll out zero-commission stock trading. The new service was limited to a small number of U.S. users Thursday. FTX U.S. will offer no-fee brokerage ... ( read original story ...)
U.S. crypto lobbyists in push to contain fallout from stablecoin meltdown
The cryptocurrency industry is scrambling to respond to U.S. lawmakers' concerns about stablecoins following the collapse of TerraUSD, which wiped billions off the cryptocurrency market. The ... ( read original story ...)
Crypto market seeing ‘classic, risk-off’ response: Bitwise CIO
Bitwise chief investment officer Matt Hougan argues the crypto market is seeing a "classic, risk-off" response to macro news of SEC's Gensler predicting cryptocurrency turmoil isn't over. ( read original story ...)
Crypto crash ‘will not affect Bitcoin mining’s climate cost’
The computing power required to support Bitcoin’s underlying network requires nearly as much energy as the entire country of Argentina ... ( read original story ...)