Prudent, because after the collapse of stablecoin TerraUSD in mid-May of 2022, they began hearing rumors that crypto hedge fund Three Arrows Capital would go bankrupt — which it soon did, eventually ...
Sri Lanka makes debt restructuring deal with Japan, other creditors
Debt-ridden Sri Lanka and its creditor nations, including Japan, reached a basic agreement on Wednesday over Colombo's debt restructuring, a senior Japanese Finance Ministry official said. The ...
Philippines’ SEC to block access to world’s largest crypto exchange Binance
The Philippines' Securities and Exchange Commission has begun the process of blocking access to the world's largest crypto exchange Binance, whose chief last week stepped down and pleaded guilty to ...
Ailing Crypto Firm Zipmex Makes Another Attempt at Restructuring
Ailing crypto exchange Zipmex has proposed to repay creditors about 3.35 cents per dollar of claims initially as part of its latest restructuring offer, according to people familiar with the matter.
Crypto Price Prediction For 2024: Unveiling The Most Promising Cryptocurrency Investments
yPredict ($YPRED) is a new one-of-a-kind token that seamlessly integrates AI and predictive analytics, making it a promising crypto investment. Using its custom-built AI models, yPredict provides ...
Japan has a glut of 8.5 million akiya, empty ‘ghost houses’ left to rot. Now Airbnb wants to fill them with tourists.
Airbnb says it wants to partner with local governments to incentivize homeowners to renovate and turn their empty houses into a source of income.
Japanese bank regulators on alert for SVB-style rate risks
Even as Japan’s biggest banks churn out record profits and anticipate further gains from domestic rate increases, the country’s central bank warned in its recent Financial Stability Report that ...
Nomura eyes extra $100 million wholesale banking cost cuts
CEO Kentaro Okuda said that ensuring the recovery of Nomura's macro products business, where it has a high market share, is an important issues.
Japan’s Nikkei erases early losses as heavyweight stocks gain
Japan's Nikkei share average erased early losses to trade higher on Wednesday, underpinned by the gains in heavyweight stocks, while the yen's rebound against the dollar capped further gains.The ...
Japan’s Nomura to reduce risk assets for wholesale business
Nomura Holdings said on Wednesday it would reduce risk weighted assets by up to 6% for its struggling wholesale business as the top Japanese investment bank scrambles to shore up its capital ...
UPDATE 1-Japan space agency hit with cyberattack, rocket and satellite info not accessed
Japan's space agency was hit with a cyberattack but the information the hackers accessed did not include anything important for rocket and satellite operations, a spokesperson said on Wednesday.
‘Maximise Profit’ Warning—Ethereum Founder Unveils Surprise Decentralized AI Plan Using Bitcoin And Crypto Amid Price Boom
Ethereum founder Vitalik Buterin has revealed his own brand of "techno-optimism" that will use bitcoin and crypto to help build a decentralized AI that emphasizes security and ...
10 Best Selling Smartphones in Japan
In this article, we will take a look at the 10 best selling smartphones in Japan. If you want to skip our detailed analysis, you can go directly to the 5 Best Selling Smartphones in Japan. According ...
Love It or Hate It, Shein Is Going Public
The fast-fashion giant beloved by Gen Z is reportedly planning an IPO -- but the brand will face intense scrutiny over its environmental record and accusations of forced labor in its supply chain.
Nippon Life to buy Nichii Holdings for about $1.41 billion – Nikkei
Japan's Nippon Life Insurance will acquire Nichii Holdings for about 210 billion yen ($1.41 billion), the Nikkei reported on Tuesday.Nippon Life has agreed to buy all the outstanding shares of Nichii ...
Bitcoin is on track to hit $100,000 by the end of 2024 as ‘crypto spring’ has begun, Standard Chartered says
The increased likelihood of US spot ETFs for crypto means bitcoin could even reach $100,000 before the end of 2024, analysts said.