Tag: nikkei

Japan's Shinsei Bank Ltd will in three years have a plan in place to repay $3 billion in public funds as it taps synergies with its new parent to enhance its capital base, its new chief executive said ... ( read original story ...)

UK's Arm Ltd is planning to transfer shares in its Chinese joint venture to a SoftBank Group special purpose vehicle to speed up its initial public offering plans, The Financial Times reported on ... ( read original story ...)

Arm China to parent SoftBank Group Corp. and revising how it accounts for the troubled Chinese affiliate, a bookkeeping change that may ease the British chip designer’s path to an initial public ... ( read original story ...)

This Asia tech industry summary will mainly focus on Kioxia and Western Digital (WD) planning to invest JPY 1 trillion (US$8.19 billion) to build a new NAND flash factory in Japan, China-based ... ( read original story ...)

Domestic equity market benchmarks BSE Sensex and Nifty 50 were staring at a gap-up start on Wednesday, a day before monthly F&O expiry. Nifty futures were trading 155.50 points or 1 per cent up at ... ( read original story ...)

Crypto was big at YC this batch. Y Combinator Demo Days returned yet again with another ballooning heap of startups. In the old days, a gaggle of TechCrunch reporters would go to the Demo Day in ... ( read original story ...)

Japan’s Nikkei index fell on Wednesday, sinking from a 10-week high hit in the previous session, as traders locked in profits heading into the new fiscal year after snapping up shares on Tuesday to ... ( read original story ...)

The Bank of Japan stepped up its extraordinary market interventions aimed at capping yields Wednesday, surprising investors with a pledge to buy more securities than planned and include longer-dated ... ( read original story ...)

Bitcoin and cryptocurrencies have bounced back over the last week, with the crypto market adding some $600 billion since its January ... ( read original story ...)

Japanese retail sales fell in February for the first time in five months, as extended COVID-19 curbs hit service sector businesses, casting doubts over the prospects of a consumption-led recovery this ... ( read original story ...)

Cryptocurrency scams are driving an online crime boom right now, including romance scams, investment scams, digital wallet hacks and more. ( read original story ...)

Axie Infinity's Ronin Network said in a blog post Tuesday morning that it lost around $615 million in USDC (a U.S. dollar pegged stablecoin) and ethereum. That surpasses the $611 million hack of the ... ( read original story ...)

More than $600mn has been stolen from the digital ledger that powers the popular cryptocurrency game Axie Infinity, in one of the largest hacks targeting the booming digital assets sector. Ronin ... ( read original story ...)

A crypto hacker targeted Axie Infinity's Ronin Network and made away with $625 million worth of ether and stablecoin USDC. The Ronin Network published a blog post Tuesday explaining how its network ... ( read original story ...)

Pokémon-style NFT battler Axie Infinity was one of the biggest “success” stories in the world of crypto gaming. Now it’s responsible for one of the biggest thefts in the history of the technology. The ... ( read original story ...)

Hackers allegedly breached gaming-focused blockchain platform Ronin Network last week and extracted cryptocurrencies now valued at more than $600 million, the company announced on Tuesday, marking the ... ( read original story ...)