The Japanese economy contracted at an annual rate of 1.2% in the July-September quarter, as consumption declined amid rising prices.
How Sam Bankman-Fried’s Crypto Empire Collapsed
Mr. Bankman-Fried said in an interview that he had expanded too fast and failed to see warning signs. But he shared few details about his handling of FTX customers’ funds.
Binance, Crypto.com execs tell investors to ‘ask me anything’ following the fall of FTX
Both Binance and Crypto.com hosted live question-and-answer sessions on Monday morning in an attempt to reassure investors that the cryptocurrency exchanges won’t meet the same fate as FTX, which ...
Crypto lender BlockFi will ‘explore all options’ to deal with the fallout from FTX’s bankruptcy after it took a $250 million loan from the exchange
Crypto lender BlockFi, which got an emergency loan from FTX, said it has assets tied up with the bankrupt exchange and can't run "business as usual." ...
Fed’s top financial regulator urges ‘guardrails’ for crypto
The top U.S. banking regulator at the Federal Reserve is urging Congress to pass legislation that would impose regulation on crypto currencies in the wake of the swift collapse last week of FTX, a ...
Customers who trusted crypto giant FTX may be left with nothing
As the dust settles from one of the most shocking financial implosions in history, one of the key unknowns is how much customers who can't access their money expect to get back from FTX, the crypto ...
Binance CEO opens up about circumstances surrounding FTX deal, crypto exchange’s downfall
Yahoo Finance crypto reporter David Hollerith details Binance CEO Changpeng Zhao's plan for a relief fund for developing crypto projects, in addition to the crypto executive explaining the ...
Sam Bankman-Fried’s Collapsed Crypto Empire Creates Regulatory Chaos In Washington
Sam Bankman-Fried was a regular on the D.C. legislative circuit. Now that he's left the picture, competing laws will fight for regulatory superiority.
Tokyo taxi fares rise for 1st time in 15 years with base fare up almost 20%
TOKYO -- Taxi fares in Tokyo's 23 wards and some of its suburbs rose from Nov. 14 for the first time in about 15 years, with the base fare raised from 420 yen (about $3) to 500 yen. The new fare ... ( read original story ...)
Japan’s economy unexpectedly shrinks as hot inflation, global slowdown take toll
Japan's economy unexpectedly shrank for the first time in a year in the third quarter, as global recession risks, a weak yen and sharply higher import costs took a toll on household consumption and ... ( read original story ...)
Japan’s Q3 GDP Unexpectedly Shrinks as Soaring Inflation, Global Slowdown Take Toll
Japan's economy unexpectedly shrank in the third quarter, the first contraction in a year as cooling global growth and higher import costs took a toll on household consumption and business activity. ( read original story ...)
Japan’s Economic Recovery Slammed Back Into Reverse by Weak Yen
Japan’s economy unexpectedly shrank in the three months through September as the yen’s historic slide battered growth momentum, leaving the country’s recovery from the pandemic in a vulnerable spot ... ( read original story ...)
‘The fiction of crypto was visible to all who wanted to see’: One of DC’s top financial reform voices tears into the ‘greed’ and ‘FOMO’ that led to the FTX collapse
The collapse of one of the world’s largest crypto companies has sent ripples throughout the cryptocurrency ecosystem. If the sector goes up in flames, the writing was likely on the wall, according ...
Crypto trading site FTX under federal investigation amid bankruptcy
The collapse of cryptocurrency exchange FTX is now the subject of an investigation by federal prosecutors in New York, sources familiar with the matter told ABC News. Prosecutors join regulators from ...
When is Japan’s Q3 GDP and how could it affect USDJPY?
Japan’s Finance Ministry is up for releasing the first version of the third quarter (Q2) Gross Domestic Product (GDP) figures for 2022 at 23:50 GMT on Monday, early Tuesday morning in Asia. Market ...
Tokyo researchers discover rats have rhythm
Research from the University of Tokyo found that rats have an innate sense of rhythm similar to humans, nodding their heads to the music of Mozart. ( read original story ...)