Asia-Pacific shares are set to climb, taking the lead from Wall Street's gains while investors also looked ahead to some economic data in the region.
Crypto Braced For A $250 Billion Bitcoin And Ethereum Price Earthquake
Bitcoin, ethereum and other major cryptocurrencies have rocketed higher in the first month of 2023, adding $250 billion to the combined crypto ...
LVMH, L’Oreal and Shiseido Are All Vying to Buy a Stake in Aesop
The Australian cosmetics brand is known for its luxe skin, body and hair care—and may be valued at $2 billion.
Japan’s GDP rebounds 2.3% in Q4, analysts estimate
Japan's economy staged a recovery in the fourth quarter on the strength of consumer spending and exports after a decline during the previous three months, a Nikkei survey of private-sector economists ...
Is there a fix for Japan’s markets mess?
Missteps could see Japan’s economy grind to a halt and a return to deflation. They could also roil global markets. Mr Kuroda is said to have returned from the World Economic Forum in Davos more ...
January was bitcoin’s best month since 2021, but crypto isn’t ready for a ‘rocket ship rally’ yet
Bitcoin is rounding out its best month in more than a year. It's already recovered more than half of its 2022 losses and some say it's found a bottom in this crypto winter. For some investors, however, its strong month isn't necessarily a green light to ...
Celsius Was Allegedly Propping Up Its Own Crypto Token With Customer Funds
Shoba Pillay, the person tapped to examine Celsius’ goings on, said that execs including Alex Machinsky had sold tens of millions-worth of its native CEL token.
Ponzi probe finds bankrupt crypto lender Celsius wasn’t doing business the way it told customers
Celsius filed for bankruptcy in July last year, having frozen its accounts in June amid a crypto selloff that saw the value of Bitcoin (BTC) and Ethereum (ETH) plunge more than 60% and 70% from ...
Crypto lender Celsius propped up its token, benefiting insiders – U.S. bankruptcy examiner
Bankrupt crypto lender Celsius Network used investor money and customer deposits to prop up its own token, inflating its balance sheet while two of its founders cashed out millions, a U.S.
Crypto meltdown sparks legal battle over assets
The court clashes vindicate skeptics like Sen. Elizabeth Warren and SEC Chair Gary Gensler, who warned that small investors were vulnerable.
Hong Kong Seeks to Revive Crypto Sector Wrecked by FTX Debacle
Hong Kong is sticking with a plan to become Asia’s digital-asset capital despite the industry’s tarnished reputation, a stance drawing tentative interest from bruised crypto firms looking for paths to ...
Think crypto winter was bad? The SEC’s insider-trading fight could collapse the entire market
If the SEC is successful, it could gain authority over crypto by default. Is that a legal strategy or a power grab?
Defunct Crypto Lender BlockFi Granted Approval to Sell Assets
Suitors for BlockFi’s distressed assets have until February 20 to make their bids following fresh approval from the bankruptcy court.
Bankrupt FTX sues Voyager Digital to recover $446 million in loan repayments it made to the crypto lender
FTX claims it made its loan repayments to Voyager Digital so close to when it filed for bankruptcy that it's eligible to retrieve, per the lawsuit.
Roundup: Japan’s Nikkei ends lower amid caution ahead of Fed meeting
Japan's benchmark Nikkei stock index closed lower Tuesday amid caution ahead of the conclusion of the U.S. Federal Reserve's policy meeting and U.S. bellwether firms' earnings reports. The 225-issue ...
Crypto collapse spurs calls for new rules to crack down on abuse
The court clashes vindicate skeptics like Sen. Elizabeth Warren and SEC Chair Gary Gensler, who warned that small investors were vulnerable.