Japanese manufacturers' business confidence hit a more than two-year high in May, as firms benefited from stronger overseas demand, a sign that the export-driven economic recovery remained intact, a ... ( read original story ...)
Crypto Billionaires Have Lost $15.5 Billion In Nine Days Amid Crash
Fried, the 29-year-old founder of quantitative crypto trading firm Alameda Research. A former Wall Street trader, Bankman-Fried was worth $16.7 billion at Bitcoin’s peak on May 10, but is now down to ... ( read original story ...)
Jim Cramer bets stocks will gain from the collapse in crypto, speculative assets
"We need to accept the beatdown in speculative assets for the greater good of the entire stock market," the "Mad Money" host said. ( read original story ...)
Crypto strategist sees pullback in bitcoin and ether as a healthy sign after massive rallies
There "still was a lot of leverage, so this correction we've seen is healthy. A pullback is normal in crypto," Meltem Demirors told CNBC Wednesday. ( read original story ...)
Crypto Investors Fume as World’s Biggest Platforms Are Disrupted
The world’s biggest crypto-trading platforms were hit by disruptions as digital currencies from Bitcoin to Ethereum slid in a collapse that wiped out billions of dollars in market value. ( read original story ...)
Why China crypto crackdown sparked a bitcoin crash — and could feed a backlash
China's move to restrict crypto activity may have helped spark a broad selloff for digital assets. But the move, which appears aimed at bolstering ... ( read original story ...)
Bitcoin falls further as China cracks down on crypto-currencies
It follows falls in Bitcoin of more than 10% last week after Tesla said it would no longer accept the currency. On Wednesday afternoon, Bitcoin recovered some ground, although it was still down -10.4% ... ( read original story ...)
Stocks fall after Fed minutes, crypto chaos
Stocks dropped Wednesday for a third straight day as inflation fears kept investors on edge.By the closing bell: The Dow was down 164 points. The S&P gave up 12. The Nasdaq slipped 3.Minutes from the ... ( read original story ...)
Japan April exports jump 38% year/year – MOF
Japan's exports surged 38.0% in April from a year earlier, Ministry of Finance data showed on Thursday, pointing to solid recovery in overseas demand. The rise compared with a 30.9% increase expected ... ( read original story ...)
Japanese pensioners with US stimulus cheques descend on Tokyo banks
Bank branches in Tokyo have been swamped by pensioners trying to cash stimulus cheques from Joe Biden after the US Internal Revenue Service sent thousands of payments to Japanese citizens in an ... ( read original story ...)
In Tokyo, 6,000 doctors tell Prime Minister Suga to cancel the Olympics
Confronted in Japan with some of the strongest medical-community opposition yet to the Tokyo Olympics, IOC President Thomas Bach offered Wednesday to ... ( read original story ...)
Japan’s exports jump most in decade as trade-led recovery perks up
Japan's exports grew the most since 2010 in April, supported by a favourable comparison with the sharp plunge seen during the coronavirus pandemic a year earlier, while capital spending also rose in ... ( read original story ...)
For some of Japan’s lonely workers, COVID-19 brings a homecoming
After four years spent working and living alone, far from his family and friends, Tsuyoshi Tatebayashi packed his bags at the end of March and returned, at last, to his wife and two daughters. Like ... ( read original story ...)
North Korea Condemns Japan Over Move to Revise Constitution, Calls It ‘Declaration of War on Humankind’
"The Japanese politicians' projected constitutional revision is not merely an internal affair of a country but an international one as it is a frontal challenge to the efforts for ensuring global ... ( read original story ...)
Bitcoin plunges below $40,000 as China widens its crypto crackdown
Bitcoin and other cryptocurrencies are plunging as anxiety spreads through the market — this time, after China took more steps to crack down on the digital coins. ( read original story ...)
What the Heck Is Hodl? Bitcoin Lingo for Crypto Noobs
Bitcoin’s been in the limelight for months but a frenzied crash and subsequent mini snap-back in its price in the course of a single day in May was remarkable even by its own volatile standards. The ... ( read original story ...)