Liquidators for defunct crypto exchange FTX asked a judge to approve the sale of its interest in venture capital firm Sequoia Capital to an Abu Dhabi state-backed investment firm, in a deal that values the stake at $45 million.
Proven raises $15.8 million to rebuild trust in crypto with zero-knowledge proofs
The New York City-based company, which was founded in 2022, on Thursday announced a $15.8 million funding round led by Framework Ventures that will help it develop its product and grow its team to 12 or 15 people by the end of 2023.
Japanese lunar lander company ispace to go public
Japanese lunar exploration company ispace plans to list its shares on the Tokyo Stock Exchange next month, just before its first landing attempt.
The Bank of Japan Has Its Own Inflation Problem. It’s the Opposite of the Fed’s.
Americans have experienced the fastest inflation in a generation over the past year. Shoppers hoping for a world in which prices don’t go up should be careful what they wish for. Take a look at Japan, ...
Crypto bank Silvergate collapses; UK house prices ‘on downward trajectory’; HS2 delays expected – business live
The turmoil in the crypto sector following the collapse of crypto exchange FTX has claimed crypto-focused bank Silvergate. Silvergate Capital Corp announced last night that it plans to wind down Silvergate Bank‘s operations and voluntarily liquidate it in an orderly fashion,
Crypto stocks slide after Silvergate decides to shut down
Shares of crypto-focused companies fell on Thursday in premarket trading after Silvergate Capital Corp disclosed plans to wind down operations and voluntarily liquidate, as the aftermath of FTX's implosion last year reverberates through the industry.
Bira 91 raises $10 million from Japan’s MUFG Bank
B9 Beverages, which owns Indian craft beer brand Bira 91, has raised $10 million from Japan's largest bank MUFG Bank, months after it secured $70 million in a Series-D funding round, which was led by ...
Japan’s Nikkei hits 6-1/2-month high as Powell softens stance, BOJ seen steady
Japan's Nikkei share average hit a 6-1/2-month high on Thursday, extending gains for a fifth straight session, as a less-hawkish Federal Reserve outlook and expectations for no imminent change to Bank ...
Japan stocks higher at close of trade; Nikkei 225 up 0.63%
Japan stocks were higher after the close on Thursday, as gains in the Steel, Retail and Paper & Pulp sectors led shares higher. At the close in Tokyo, the Nikkei 225 rose 0.63% to hit a new 6-months ...
Japan Nikkei extends gain to 5th day
However, market gains capped, as market participants locked in gains after the Nikkei's advance of more than 3% over the last four trading days and ahead of key events, including the Bank of Japan's ...
Nikkei 225 strong rally seems to fizzle as Japan GDP disappoints
The Nikkei 225 index (NI225) has taken a commanding lead against other global indices even as monetary policy concerns remained ...
The Bank of Japan is going to shift its focus away from 10-year yield, says Nomura
Yujiro Goto of the financial services firm says that when it comes to Japan's economy, the 5-year yield or 3-year yield is much more important for capital expenditure and housing investments.
Japan Lower House Approves Kazuo Ueda as Next BOJ Governor
Japan’s Lower House of Parliament has approved Kazuo Ueda to become the next Bank of Japan governor.
Japan’s narrowly avoids recession in fragile recovery
The data suggested people went out less than expected during Japan’s latest Covid-19 wave and reined in spending as prices rose. Such weakness supports the central bank’s view that Japan still needs ...
Crypto-friendly lender Silvergate collapses
Crypto-focused lender Silvergate said it is winding down operations and will liquidate the bank after being financially pummeled by turmoil in digital assets.
Bank of Japan Governor Kuroda set for final policy meeting
The Bank of Japan will open a two-day policy meeting on Thursday to discuss the impact of its massive monetary-easing policy on financial markets and the economy.