MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3%, boosted by a 1.2% gain in the Australian benchmark where bank stocks were to the fore, though Japan's Nikkei gave up early gains ... ( read original story ...)
Tokyo stocks fall in morning on fears over COVID resurgence in Japan
Tokyo stocks erased earlier gains and turned lower Friday morning as sentiment was hurt by growing concern over a COVID-19 resurgence as the Japanese government moves to place some prefectures under a ... ( read original story ...)
Japan Finance Minister: Closely watching forex impact on economy
Japanese Finance Minister Shunichi Suzuki said on Friday that he was closely watching any impact of currency moves on the Japanese economy and that foreign exchange stability was important.He was ... ( read original story ...)
Crypto King Mike Novogratz Sees Bitcoin Dropping To As Low As $38,000
Mike Novogratz, cryptocurrency billionaire and founder of the brokerage firm Galaxy Digital, believes that bitcoin could find a bottom at the $38,000-$40,000 level, according to Bloomberg. This is ... ( read original story ...)
Crypto theft hits all-time high in 2021
CNBC's Eamon Javers joins Shep Smith to report on a record-breaking year for cryptocurrency theft. Some $3.2 billion in crypto was stolen last year. ( read original story ...)
Rivian Stock Crashes Following Amazon’s Deal with Stellantis – Where Should Investors Look for more Prudent EV Stocks?
Electric vehicle company Rivian saw its stock crash after Amazon announced on Jan. 5 that it agreed to buy competitor Stellantis' battery-electric vehicles, due in 2023. See: Rivian Stock: Should ... ( read original story ...)
Rivian stock briefly dips below IPO price
Rivian's (RIVN) stock closed down 3% on Thursday at a new low. Shares had dropped as much as 16% during the trading session and briefly dipped below their IPO price of $78. ( read original story ...)
Tokyo’s Nikkei share average opens up 0.79 pct
Japan's benchmark Nikkei average opened up 0.79 percent at 28,711.53 on Friday, while the broader Topix gained 0.62 percent at 2,009.30. TOKYO, Jan 7 (Reuters) - Japan's benchmark Nikkei average The ... ( read original story ...)
Japan Households Cut Spending Even Before Omicron Variant
Japanese household spending fell in November for the first time in three months, a sign of unexpected fragility in consumption even before the omicron variant of the virus started to spread.Spending ... ( read original story ...)
Japan Nikkei tumbles 2.9%
At closing bell, the 225-issue Nikkei Stock Average stumbled 844.29 points, or 2.88%, to 28,487.87. The broader Topix index of all First Section issues on the Tokyo Stock Exchange retreated 42.26 ... ( read original story ...)
Crypto Miners Are Better Investments Than Bitcoin Even After Sell-Off: Analysts
Wall Street analysts see “compelling” opportunities in the stocks of miners as sell-off is not driven by fundamentals. ( read original story ...)
$14 Billion in Crypto Stolen in 2021, a 66% Jump Over 2020, According to New Report
Cryptocurrency usage is growing faster than ever before but new research shows that crypto crime is soaring too -- to the tune of $14 billion in 2021. ( read original story ...)
Nobody Wants to Misplace Their Crypto
It is just bafflingly easy to lose crypto, in the simple sense of accidentally misplacing it, whereas it is more or less impossible for a modern institutional investor to misplace stocks or bonds. ( read original story ...)
Rivian stock tanks, briefly dips below IPO price
Rivian's (RIVN) stock is under pressure on Thursday. Shares briefly dipped below their IPO price of $78 for the first time. ( read original story ...)
The Nintendo Switch Outsold Every Other Console Combined In Japan Last Year
Nintendo sold a lot of Switch consoles in Japan last year. Like a lot—5.3 million, to be exact. The Switch was easily the best-selling console in Japan in 2021, beating out the PlayStation 5, which ... ( read original story ...)
Crypto crimes rose with adoption—but illegal activity is the exception, not the rule
A new report finds that illicit transaction activity reached all-time high in value—but an all-time low as a share of all crypto activity. ( read original story ...)