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 ...)
Paralympic gold medalist Robert Griswold accused of rape, sexual assault of teammate in Tokyo
Robert Griswold allegedly “targeted and groomed” a 19-year-old autistic teammate both at the Tokyo Olympics and after. ( read original story ...)
Tokyo police to crack down on cycling violations as accidents soar
Amid concerns over increasing traffic violations by Tokyo's growing cyclist population, the Metropolitan Police Department has introd ... ( read original story ...)
The Looming $62 Billion Crypto Contagion
Like stock certificates sprinkled with pixie dust, inflated exchange tokens were at the core of FTX’s spectacular collapse. They are still in widespread use at major cryptocurrency exchanges around ...
COP27 considering loss and damage fund among other finance options – draft text
People pass in front of a wall lit with the sign of COP27, as the COP27 climate summit takes place, at the Green Zone in Sharm el-Sheikh, Egypt November 10, 2022. REUTERS/Mohamed Abd El Gh ...
After FTX’s collapse, VCs across industries are finally admitting to crypto’s failures — and they’re preparing for ‘more blows to come’
After the bankruptcy of FTX, VCs are admitting crypto's shortcomings, rethinking their investments, and preparing for financial backers to step away.
The Crypto-Ignorant Person’s Guide To What’s Going On With FTX And Founder Sam Bankman-Fried
Fried, claimed that there was no risk to the fund. That turned out not to be true: On Friday, FTX filed for Chapter 11 bankruptcy, and Bankman-Fried stepped down as CEO. It has since been reported ...
Binance proposes fund to save crypto from future failures
Cryptocurrency exchange giant Binance is proposing the creation of a rescue fund that would save otherwise healthy crypto companies from failure.
The downfall of FTX’s Sam Bankman-Fried sends shockwaves through the crypto world
Sam Bankman-Fried received huge plaudits as he rapidly achieved superstar status as the head of cryptocurrency exchange FTX. Now the comments aren't so kind after FTX filed for bankruptcy protection.
Crypto firms scramble to stop FTX collapse causing ‘cascade’ of chaos
The CEO of Crypto.com downplayed concerns of a crypto market contagion during a Q&A session on YouTube on Monday, claiming that the exchange has a “tremendously strong balance sheet”. Changpeng Zhao ...