An expert tells NHK's Yuko Fukushima that SBI likely wants to use control of Shinsei, which is a more traditional lender, to aid its expansion into the Japan's regional banking market. Nozaki ... ( read original story ...)
The metaverse is a $1 trillion opportunity, crypto giant Grayscale says as virtual land sales boom
Web3 and NFT investment has 'recently started to accelerate,' Greyscale said in a report, as pieces of virtual land sell for upwards of $2 million. ( read original story ...)
New German Chancellor Olaf Scholz Made A Serious Bitcoin And Crypto Warning Ahead Of The Latest Price Surge
German's new chancellor Olaf Scholz warned over a "tulip"-style bubble developing in the crypto market—adding "the currency monopoly" must remain in the "hands of ... ( read original story ...)
Paytm Flop Will Skim Froth Off India’s IPO Market
The disappointing performance of India’s largest IPO will cool sentiment a bit, but a dose of reality could make for a healthier market. ( read original story ...)
From crypto to Covid: Why auction prices are rocketing
From Albert Einstein's notes to a record-breaking Frida Kahlo to a 6.6-million-euro triceratops -- auction houses have lately seen a string of record-breaking items going under the hammer and through ... ( read original story ...)
India might tighten crypto rules instead of imposing an outright ban, crypto exchange boss says
A parliamentary bulletin dated Nov. 23 showed that the Indian government plans to introduce a new bill that seeks to ban most private cryptocurrencies. ( read original story ...)
Japanese financier scores big win in battle for Shinsei Bank
Shinsei Bank canceled a shareholder vote on a poison pill defense against a takeover bid from Yoshitaka Kitao’s SBI Holdings that was scheduled for Thursday. ( read original story ...)
How crypto could play into the metaverse
Bill Tai, Actai Global chair, joins "Crypto Night in America" to discuss the ways crypto could help digital economies. ( read original story ...)
Scammers impersonate Instagram users in crypto scheme
CNBC's Andrea Day reports on how scammers are impersonating Instagram influencers to take money from their fans. ( read original story ...)
Japan’s Nikkei 225 dives 471 points, rest of Asia mixed
Stocks in Asia were mixed on Wednesday as higher interest rates continue to unsettle global markets. "There's a lot going on at the moment." HYDERABAD, India: Indian police have announced that senior ... ( read original story ...)
Japan Is Investing Over $5 Billion To Try And Solve The Global Chip Shortage
Advertisement The global chip shortage has led Japan to invest in its domestic chip production and the country aims to invest over $5 billion in chip production. According to Nikkei, Japan’s fiscal ... ( read original story ...)
Japan stocks lower at close of trade; Nikkei 225 down 1.58%
Japan stocks were lower after the close on Wednesday, as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares lower. At the close in Tokyo, the Nikkei 225 lost 1.58%. The best ... ( read original story ...)
Japan stocks set for higher start; Bank of Korea interest rate decision ahead
Futures pointed to a higher open for Japanese stocks. The Bank of Korea is set to announce its interest rate decision at 9:00 a.m. HK/SIN on Thursday. SINGAPORE — Shares in Japan looked set for a ... ( read original story ...)
Japan to issue 22 tril. yen in new bonds to fund extra budget
Japan has decided to issue new government bonds worth 22.1 trillion yen ($192 billion) to fund an extra budget for the current fiscal ... ( read original story ...)
Japan’s stimulus reportedly adding US$192bil to debt pile
Some six trillion yen (RM220bil) carried over from previous stimulus and another roughly six trillion yen (RM220bil) in unexpected tax revenue weren’t enough to cover the general expenditures of a 36 ... ( read original story ...)
US banking regulators are looking to clarify crypto rules in 2022
The Federal Reserve, Federal Deposit Insurance Corporation (or FDIC), and Office of the Comptroller of the Currency (OCC) have issued a joint statement announcing a plan to clarify the rules and ... ( read original story ...)