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Posted on 11/01/2023

Winklevoss twins’ accusations of lies and fraud at crypto giant DCG are a ‘desperate publicity stunt’, the Genesis owner says

DCG struck back at Cameron Winnklevoss in a Tuesday tweet, saying the twin cofounder of Gemini is trying to "deflect blame." ...

Posted on 11/01/2023

FTX’s Sam Bankman-Fried put $20 million into a big VC fund that then took a stake in the crypto exchange right back

FTX's Sam Bankman-Fried invested $20 million in a fund managed by Paradigm, a Web 3 investment company, that then backed the collapsed exchange.

Posted on 11/01/2023

Hong Kong set to shortlist crypto tokens for retail trading

Hong Kong securities watchdog will propose a subset of tokens it would allow for retail investors' trading, its chief executive said on Wednesday, as it presses on with a new regulatory regime that ...

Posted on 11/01/2023

Uniqlo owner gives Japan Inc a jolt with 40% wage hike

Uniqlo parent Fast Retailing Co Ltd on Wednesday said it would raise wages by as much as 40%, a clear sign that Japan's rock-bottom salaries may be starting to budge after decades of deflation and cost-cutting. ( read original story ...)

Posted on 11/01/2023

Explainer: Why the U.S. is overhauling its marines on Japan’s Okinawa

The United States plans to shake up its marine force on Japan's Okinawa islands as Tokyo undertakes its biggest military build up since World War Two that will double defence spending over five years ... ( read original story ...)

Posted on 11/01/2023

Japan, S. Korea protest China visa stoppage amid COVID spat

Japan and South Korea defended public health restrictions on travelers from China on Wednesday, a day after China stopped issuing new visas in both countries in apparent retaliation ... ( read original story ...)

Posted on 11/01/2023

Egg prices ‘expected to soar’ in Japan after record cull of 10 million birds

Japan has culled just under 10 million birds as it confronts a massive outbreak of avian flu, which is threatening to put further strain on poultry supply and increase the price of eggs. ( read original story ...)

Posted on 11/01/2023

Cost of living: Uniqlo to raise pay in Japan by up to 40%

The owner of Japanese fashion chain Uniqlo says it will raise the pay of staff in its home country by up to 40%. Fast Retailing says the new pay policy will apply to full-time employees at its ... ( read original story ...)

Posted on 11/01/2023

Crypto exchange Coinbase to close most of Japan operations

US-based cryptocurrency exchange Coinbase Global Inc. is closing the bulk of its operations in Japan as part of a move to adjust international investment amid a slump in the digital-asset sector.

Posted on 11/01/2023

Thailand Probes Embattled Crypto Exchange Zipmex on Rule Breach

Thailand’s securities regulator is probing whether embattled crypto exchange Zipmex, which is in the midst of being taken over, breached local rules in its offer of certain digital-asset products.

Posted on 11/01/2023

Crypto Punk Mania: The Top 10 NFT Collections Of 2022

The onslaught of a bear market in 2022 was not enough to dampen the mood, or prices, of the collection that inspired the most popular NFT standard.

Posted on 11/01/2023

Asian markets mostly rise, as weak yen boosts Japan’s Nikkei

Asian shares were mostly higher Wednesday, boosted by a rally on Wall Street that came ahead of some potentially market-moving reports due later in the week.

Posted on 11/01/2023

Commentary: Wars, earthquakes, and typhoons — Tokyo’s resilient comebacks from setbacks offer lessons for Singapore

Tokyo is a popular tourist destination, attracting more than 15 million travellers in 2019 before the pandemic, and one of Singapore's favourite cities to visit.

Posted on 11/01/2023

Amid climate efforts, Japan considers issuing green transition bonds next fiscal year

Japan plans to issue ¥1.6 trillion of such bonds in the fiscal year that ends in March 2024, with an eye on those with maturity of 10 years and 20 years.

Posted on 11/01/2023

Tokyo lodges protest after China punishes Japanese travellers over Covid test requirements

Japan says Beijing’s decision to halt visa processing is ‘extremely regrettable’, amid uncertainty as to whether China will take action against other countries ... ( read original story ...)

Posted on 11/01/2023

Crypto’s Hotel California Traps the Winklevoss Twins

Ordinarily, absent a white knight or magic bundle of outside cash, one might reasonably expect the cascade of defaults to trigger a bankruptcy procedure or meeting to hash out a settlement, which is ...

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