Kyash, a Tokyo-based mobile financial app, has raised $41.2 million (4.9 billion JPY) Series D funding. The round comes from a number of investors including Japan Post Investment Corporation, Block ... ( read original story ...)
Rate Hike, Intervention Can’t Reverse Weak Yen, Says Former Japan Currency Diplomat
Tightening monetary policy or intervening in the currency market will do little to reverse unwelcome yen declines that inflate already rising fuel and raw material prices, Japan's former top currency ... ( read original story ...)
Nikkei jumps to more than 2-week closing high after Fed rate hike
Japan’s Nikkei posted its highest close in more than two weeks on Thursday, tracking an overnight rally on Wall Street after the Federal Reserve hiked rates as expected, while hopes for a breakthrough ... ( read original story ...)
Huge rally on Asian stock markets, Nikkei 225 jumps 890 points
Shares in Hong Kong took off again Thursday pushing the key Hang Seng index up more than 1000 points for the third day in a row ... ( read original story ...)
Hong Kong’s Hang Seng index soars 5% as Asian stocks jump, with Japan’s Nikkei up around 3%
Hong Kong's Hang Seng index led gains among the region's major markets, surging 5.02% in morning trade and erasing heavy losses from earlier in the week. ( read original story ...)
Japan’s Nikkei hits 2-week high after Wall Street rally
Japan's Nikkei rose to a two-week high on Thursday, tracking an overnight rally on Wall Street after the Federal Reserve hiked rates as expected, while hopes for a breakthrough in the Russia-Ukraine ... ( read original story ...)
Japanese Market Sharply Higher, Up 3%
The Japanese stock market is sharply higher on Thursday, extending the gains in the previous two sessions, with the benchmark Nikkei 225 up more than 750 points to move above the 26,500 level, ... ( read original story ...)
Thousands of northeast Japan homes still without power after earthquake kills four
The temblor revived memories of the March 11, 2011 disaster in the same area, and left Shinkansen bullet train service indefinitely suspended, with at least one major highway to the region closed for ... ( read original story ...)
Japan Households Accumulate Record Financial Assets as COVID Curbs Spending
Japanese households accumulated a record $17 trillion in financial assets as of December last year, roughly four times the size of its economy, as the COVID-19 pandemic kept consumers housebound, ... ( read original story ...)
Ukraine’s president just signed a law to legalize crypto, as digital donations roll in
Ukraine’s parliament passed a bill to legalize cryptocurrency, preparing a framework for the regulation and management of cryptocurrencies like Bitcoin. Today, the country’s president, Volodymyr ... ( read original story ...)
You’ll need to answer this crypto question on your 2022 tax return
If you're among the many people who purchased cryptocurrency in 2021, be sure to answer this question correctly on your tax return. ( read original story ...)
As costs spike in Japan, even businesses tailored to deflation lift prices
As war in Ukraine drives up already high input costs, even firms with business models fine-tuned to Japan's deflationary economy are toying with higher prices, testing acceptance by consumers hardened ... ( read original story ...)
Shares in Japan set for higher start; U.S. Fed raises rates for first time since 2018
The U.S. Federal Reserve on Wednesday approved a 0.25 percentage point rate hike, the first increase since Dec. 2018. ( read original story ...)
Tom Brady’s Favorite Crypto Exchange Wants to Expand Web3 in Africa
FTX will be teaming up with AZA Finance to expand the adoption of Web3 and digital currencies throughout Africa, the companies said. The firms said they "will lead efforts to conn ... ( read original story ...)
Sanctioned Russian Actors Are Using Crypto to Launder Their Assets
A report found that sanctioned Russians are finding ways to hide and launder their wealth and assets from regulators. ( read original story ...)
Crypto exchanges face ‘fork in the road’ over Russia, LSE Group chief says
Cryptocurrency exchanges are risking long-term damage to their industry for remaining in Russia as Western governments seek to isolate Moscow, the head of the London Stock Exchange Group said on ... ( read original story ...)