Montenegro’s Prime Minister Milojko Spajic personally invested in Terraform Labs Pte cryptocurrency holdings years before the company collapsed, US court filings showed.
Webtoon files for IPO—and reveals new information about how much creators get paid
LY Corporation, a Japanese internet company, holds a 28.7% share. Naver will remain firmly in control following the Webtoon IPO, with between 62% and 63.4% of the shares, depending on how many shares ...
Coco Gauff to lead US tennis team at Paris Olympics after missing Tokyo
Coco Gauff will lead the U.S. tennis team at the Paris Olympics three years after missing the Tokyo Games because she tested positive for COVID-19. ( read original story ...)
Yen’s Six-Day Slump Puts Spotlight on Risk of Japan Intervention
The yen is on track for its longest losing streak since March and poised to close at a 34-year low, ramping up the risk that Japanese officials will once again step in to prop up the currency. ( read original story ...)
UK Arrests Pair in Alleged £1 Billion Illegal Crypto Exchange
The UK’s financial watchdog and London police arrested two people in connection with an alleged illegal cryptocurrency exchange worth more than £1 billion ($1.3 billion).
Italy boosts crypto risk oversight and toughens sanctions, draft shows
Italy plans to adopt measures to beef up surveillance over risks tied to cryptoassets, including high fines for those who manipulate the market, a draft decree reviewed by Reuters showed on Thursday.
Japan’s century-old Norinchukin Bank gives warning over losses from higher-for-longer rates
It said losses this fiscal year may swell to $12.8 billion, triple an estimate made less than a month ago. Read more at straitstimes.com.
Mexican Food Chain Guzman Y Gomez Soars After Australia’s Biggest IPO of 2024
SYDNEY—Guzman y Gomez, a Mexican food chain that says it wants to operate as many restaurants in Australia as McDonald’s, began trading on Australia’s stock exchange following the country’s biggest ...
Guzman Y Gomez surges 37% in hottest Australian IPO in three years
It was the biggest first-day gain by a large Australian company since 2021 and the country's third-best performing IPO in five years ... It also has outlets in Japan, Singapore and the United States.
Japan’s Nikkei falls as heavyweight stocks track European stocks
TOKYO: Japan’s Nikkei share average fell on Thursday, tracking declines in European stocks in the previous session, with heavyweight stocks dragging the index lower. The Nikkei fell 0.64% to 38,324.1 ...
Merli tops Unlimited runners in Pikes Peak qualifying
Qualifying for the 102nd Running of the Broadmoor Pikes Peak International Hill Climb by Gran Turismo continued Wednesday with the Unlimited and Pikes Peak GT4 Trophy by Yokohama divisions ... ( read original story ...)
Kim Soo-Hyun 2024 Asia Fan Meeting Tour in Yokohama, Japan: Tickets, Location, Dates & More
Queen of Tears actor Kim Soo-Hyun embarked on his second location, Yokohama, Japan, for his 2024 Asia Fan Meeting Tour, EYES ON YOU. Following the global success of the hit tvN K-drama, Kim Soo-Hyun ... ( read original story ...)
Bank of Japan warns of potential hit to lenders from rising rates
Japanese financial institutions' profitability has decreased significantly in the past 25 years, making them vulnerable to potential losses from any sharp rises in interest rates, the central bank ... ( read original story ...)
Japan visitors top 3 mln for third month as yen fuels boom
Japan had more than 3 million visitors for a third straight month in May, official data showed on Wednesday, as the weak yen helped continue a record pace for inbound tourism. ( read original story ...)
Japan Post Bank to buy more bonds in light of BOJ taper plan
Japan Post Bank has ramped up investment in JGBs with the balance of holdings totaling ¥5.15 trillion as of March, expanding 1.5-fold from levels in December last year.
Tokyo Shares Lower In Morning Trade
Tokyo stocks opened lower on Thursday as European markets drifted downwards overnight, while Wall Street was closed.