Crypto bros are quite literally becoming bankless and unbankable. By abruptly bundling crypto-friendly Signature Bank — one of the last of its kind — into receivership amid an extraordinary weekend operation to backstop the US banking system,
Analysis: Door slams on Japan bank rally as focus turns to bond holdings in wake of SVB
SINGAPORE (Reuters) - Tokyo banking stocks stood within sight of decade highs last week, testing the top of a range that has bound them since the 2008 global financial crisis -- then Silicon Valley ...
Asian markets tumble as SVB fallout fears rattle banking sector
Asian stocks fell broadly on Tuesday, dragged down by banking shares, as fears over the fallout of Silicon Valley Bank's collapse gripped the market despite US government efforts to stabilize the ...
Sapporo investor 3D Investment Partners says board has failed to create value -letter
Sapporo Holdings Ltd investor 3D Investment Partners Pte said in a letter to shareholders on Tuesday the Japanese beer maker's board has failed to create corporate value.The Singapore-based fund said ... ( read original story ...)
3D Investment Partners Issues Open Letter to Sapporo Shareholders
D Investment Partners Pte. Ltd. (together with the funds it manages, "3D"), one of Sapporo’s largest shareholders, today sent an open letter to shareholders of Sapporo Holdings Limited ("Sapporo" or ... ( read original story ...)
Record early start again for Tokyo’s cherry blossoms
Japan announced the official start of Tokyo's cherry blossom season on Tuesday, 10 days earlier than usual and tied with a record early start seen only twice before.Tokyo's official cherry bloom ... ( read original story ...)
Japan banks have sufficient buffers vs losses – BOJ
By Leika Kihara TOKYO (Reuters) -Japanese financial institutions have sufficient capital buffers to absorb any losses caused by various external risks, such as rising overseas interest rates, the Bank of Japan (BOJ) said on Tuesday. ( read original story ...)
Bitcoin Crosses $24.7K, Sees Highest Liquidations in Two Months
stablecoin to bitcoin, ether (ETH), bnb coin (BNB) and other unspecified tokens – which also likely contributed to the price rise. Meanwhile, Asian companies mirrored the U.S. market movement on ...
Hang Seng Index, ASX200, Nikkei 225: Under Pressure as SVB Collapse Sparks Contagion Fears
Global markets hit by SVB collapse, banking shares take significant hit as China, Hong Kong, Japan, and Australia experience sharp declines.
Japan’s policymakers play down contagion risk from SVB collapse
Japanese policymakers on Tuesday played down the risk of the economy taking a hit from the collapse of U.S. lender Silicon Valley Bank, even as fears of a contagion hit financial stocks and sent ...
Japan banks, JGB yields plunge as traders assess SVB fallout
Japanese banking shares on Tuesday were set for their biggest tumble since the onset of the COVID-19 pandemic, dragging the Nikkei share average down more than 2%, as investors tried to gauge the ...
Lawmaker protests after Japan immigration official says gay detainee has ‘mental problem’
A Japanese lawmaker is demanding answers after an immigration official told a gay Brazilian detainee in his 20s that he has ... ( read original story ...)
South Korea’s Yoon to meet Japan’s Kishida in Tokyo on Thursday
South Korean President Yoon Suk Yeol will travel to Japan for talks on Thursday with Prime Minister Fumio Kishida, a South Korean official said, days after South Korea announced a plan to end a row between the U. ( read original story ...)
Masatoshi Ito, Japanese billionaire behind the rise of 7-Eleven, dies at 98
Masatoshi Ito, the Japanese billionaire who turned 7-Eleven convenience stores into a global empire, has died aged 98, closing the chapter on one of Asia's most storied retail entrepreneurs. ( read original story ...)
Is Crypto A Scapegoat For Fed Policy?
The move has sparked controversy and raised concerns about the relationship between traditional financial institutions and the emerging world of cryptocurrency.
Japanese banks slide as SVB contagion fear rattles markets
Asia's share markets slid on Tuesday, with Japan's financial stocks leading losses as fear of a U.S. banking crisis gripped investors ahead of crucial inflation data due later in the day. Fallout from ...