TOKYO: Japan’s Nikkei share average dipped in morning trade on Tuesday, as domestic technology shares followed declines on Wall Street to drag on the index, while a pause in the yen’s push higher supported buybacks of export-related shares. The Nikkei ...
Japan’s SBI to take big stake in AI unicorn Preferred Networks
TOKYO -- Japanese financial services group SBI Holdings plans to invest around 10 billion yen ($69 million) in Tokyo-based Preferred Networks and work with the startup on designing chips for artificial intelligence, Nikkei has learned.
Ackman’s IPO Dream Implodes From $25 Billion to Zero in Weeks
On Wednesday, Pershing Square withdrew the IPO completely. What comes next is uncertain; Pershing Square has promised to “report back.’’ But this much is sure, investors say: If Pershing ...
Japan’s finance minister vows to carefully monitor effects of possible U.S. rate cuts
TOKYO — Japan’s government will keep a close eye on the impact of possible U.S. interest rate cuts on the Japanese economy, the country’s finance minister said Tuesday. “The government will continue ...
Crypto Bros Aren’t Flipping Watches. That Is an Issue for Luxury Brands.
Watches were one of the worst categories for Europe’s top luxury companies in the latest quarter. Richemont, which owns Cartier as well as Vacheron Constantin, said sales of its ...
How Crypto Is Powering Resistance And Survival In Venezuela’s Crisis
Venezuela had a presidential election almost a month ago but unrest and repression are the new reality. To resist, Venezuelans abroad and in the country are using crypto.
Crypto tax evasion is ‘pervasive’
We found that crypto tax non-compliance is pervasive, even among investors trading on exchanges that share identifiable trading data with tax authorities. What exactly is “pervasive”? The paper ...
Crypto Bros Aren’t Flipping Watches. That Is an Issue for Luxury Brands.
Watches were one of the worst categories for Europe’s top luxury companies in the latest quarter. Richemont, which owns Cartier as well as Vacheron Constantin, said sales of its ...
Using Crypto for Payments in 2024: Challenges and Promises with Fuse’s Mark Smargon
Crypto startups and payment protocols must prioritize compliance, consumer protection, and security to achieve regulatory backing. The crypto sector and regulatory agencies must work together to ...
Japan’s Leadership Race: Kono Is Third to Declare Candidacy
He worked at the Ministry of Finance before entering politics. Key policies: Monetary policy: In a Bloomberg interview, he said Japan should continue to aim for a world where interest rates and prices ...
Russia Close to Starting Trials of Crypto Payments, Exchanges
Russia is close to starting trials of cryptocurrency exchanges and the use of digital tokens for cross-border transactions to help ease payment difficulties for companies in the country, which has ...
Federal Reserve’s dovish shift a mixed blessing for Bank of Japan rate hike plan
THE US Federal Reserve’s dovish shift will likely give the Bank of Japan some respite in its battle to tame a weak yen, but could complicate its efforts to raise interest rates if the two central ...
Crypto All-Stars Raises Over $770K In ICO – Limited Time To Unlock 1,882% APY
To participate, visit the Crypto All-Stars website, connect your wallet (e.g. MetaMask), and exchange ETH, USDT, or BNB for $STARS. Bank card payments are also accepted through the site’s secure and ...
Crypto All-Stars Raises Over $770K In ICO – Limited Time To Unlock 1,882% APY
To participate, visit the Crypto All-Stars website, connect your wallet (e.g. MetaMask), and exchange ETH, USDT, or BNB for $STARS. Bank card payments are also accepted through the site’s secure and ...
Daily Crypto Update: Market Opens the Week on a Mixed Note
The crypto market has started the final week of August on a mixed note. While top cryptos are showing stability, others are struggling to gain market value.
Crypto Startup Backed by Likes of Dragonfly Aims to Create Market to Trade Airdrop-Related Points
Rumpel Labs, a startup that builds tokenization infrastructure for loyalty points, distributed by many decentralized finance (DeFi) and Web3 projects, has emerged from stealth with backing from some ...