One of the reasons investors have put money into Bitcoin ( BTC 4.53%) is the belief that it can be a possible hedge against the U.S. dollar. Fluctuating currency valuations can add risk for investors ...
Crypto Stocks Rally Pre-Market as Bitcoin Tops $46K
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now Crypto stocks such as COIN, MSTR and mining firms CLSK, RIOT and MARA ...
Japan offers $300 million backing for chip research organisation
Underpinned by billions of dollars in subsidies, Rapidus aims to mass manufacture 2-nanometre logic chips in Hokkaido and compete with leading companies such as Taiwan's TSMC.
Asia-Pacific stocks higher in holiday-thinned trade, Japan’s Nikkei scales fresh 34-year high
The Nikkei 225 Index jumped as much as 1.15% before settling 0.09% higher at 36,897 on Friday, scaling its highest levels in 34 years as strong corporate earnings, a ...
Feb 8-Japan’s Nikkei leaps to 2-week high on tech stocks, yen boost
Japan's Nikkei share average hit a more than two-week high on Thursday, as tech stocks followed their Wall Street peers higher and a weakening yen lifted overall sentiment.
IMF urges Bank of Japan to end bond yield control, huge asset buying
THE Bank of Japan (BOJ) should consider ending its yield curve control and massive asset purchases now, and then gradually raise short-term interest rates, the International Monetary Fund (IMF) said ...
Demand to Short Japan’s Aozora Rises Even After 34% Stock Plunge
A growing number of investors are betting on a further rout in Japanese lender Aozora Bank Ltd., even after its shares crashed last week on losses tied to US commercial real estate.
Japan’s Nikkei hits 34-year high on weak yen
“The Nikkei has now gained more than 1,000 points in two days, and that can become infectious. At least that’s the theory. It’s a very important index for building overall market sentiment, even if ...
AEG Seals Naming-Rights Deal for New Arena in Japan
A 17,000-seat arena under construction in Nagoya, Japan, will be known as IG Arena after Los Angeles-based sports and entertainment giant AEG reached a naming-rights deal with online trading and ...
Bankrupt Crypto Lender Genesis Global Settles NY Fraud Lawsuit
Genesis Global Holdco LLC has settled a lawsuit brought by New York’s top law enforcement official alleging the bankrupt crypto lender defrauded customers of its now-terminated Gemini Earn program, ...
Japan Finance Minister Suzuki says he expects BOJ to keep in close touch with govt
Japanese Finance Minister Shunichi Suzuki said on Friday that he expects the Bank of Japan to guide monetary policy appropriately while keeping close contact with the government.Suzuki reiterated that ...
NBA sued by investors over ties to failed crypto exchange Voyager
The National Basketball Association is being sued for its promotion of defunct crypto exchange Voyager Digital Holdings, which investors allege led to losses of more than $4.2 billion.
Watch live: Kobe Bryant statue unveiled outside Crypto.com Arena in downtown Los Angeles
The Lakers will be unveiling a state honoring late superstar Kobe Bryant at the Star Plaza outside the Crypto.com Arena on Thursday.
Japan’s stock markets are on a tear. Will ‘zombie’ firms threaten the bull run?
As interest rates rise, there are concerns that zombie companies will be at greater risk of bankruptcy and bailouts, which could lead to a broader economic fallout.
Japanese firms boosting pay for young workers is good news for Bank of Japan
JAPANESE firms are increasingly boosting starting pay for young employees, potentially building longer-term momentum for overall wage growth in a welcome development for the Bank of Japan as it seeks ...
Japan’s stock market barely grew for decades. Now it’s booming
For decades, international investors shunned Japan’s stock market, whose meagre gains mirrored the country’s protracted economic stagnation. These days, Japanese stocks are the hottest game in town as ...