RECENT acquisitions of nursing homes lifted Parkway Life Reit’s distribution per unit (DPU) by 2.1 per cent to 7.48 cents, for the six months ended Dec 31, 2023. Read more at The Business Times. ( read original story ...)
Japan’s Aozora Bank tanks on U.S. property loan losses
Japan's Aozora Bank on Thursday flagged its first annual net loss in 15 years as it took massive loan-loss provisions for U.S. commercial property, sending its shares down more than 20%. ( read original story ...)
A $560 Billion Property Warning Hits Banks From N.Y. To Tokyo
The US commercial real estate market has been in turmoil since the onset of the Covid-19 pandemic. But New York Community Bancorp and Japan’s Aozora Bank Ltd. delivered a reminder that some lenders ... ( read original story ...)
China needs to learn lessons from 1990s Japan
The essence of their message revolved around two words: “clearing prices”. As Japan reeled from the collapse of the 1980s property bubble, US officials urged its government to inject transparency into ... ( read original story ...)
Top Crypto Gainers Today Feb 1 – Render, Aptos, ApeCoin, Immutable
ApeCoin increased by 8.49% to reach $1.509693, catapulting it into the top crypto gainers today. Alongside, investors traded about $427.19 million in volumes, indicating significant activity. In ...
Larry David says he was an ‘idiot’ for starring in an FTX crypto ad in 2022
The commercial was made by FTX, which was started by Sam Bankman-Fried. Back then, Bankman-Fried was a rockstar crypto leader, but in 2023 he was convicted of fraud. The ad debuted during the 2022 ...
Crypto firm Polygon Labs to cut 60 jobs in fresh round
Cryptocurrency firm Polygon Labs plans to cut 60 jobs globally, or about 19% of its workforce, the company said in a blog post on Thursday, marking a second round of layoffs amid a nascent recovery in ...
ZetaChain Price Prediction: ZETA Pumps 66% On Debut As Analysts Say This Meme Coin Presale Might Be The Next Crypto To Explode
This bullish thesis may be invalidated if ZETA falls below the immediate support level at $0.8815. In this alternative scenario, the ZetaChain price may drop to the subsequent support level at $0.7645 ...
Fed Chair Powell Has Quietly Primed Bitcoin And Crypto For A Huge $3.3 Trillion Price Boom
Federal Reserve chair Jerome Powell has held U.S. interest rates steady but primed the market for a cut this year, something that could help the bitcoin price to ...
Bankrupt Crypto Lender Genesis Settles SEC’s Earn Lawsuit
Genesis Global Holdco LLC has struck a deal with US regulators to end a civil lawsuit that accused the bankrupt crypto lender of breaking securities rules through its now terminated Gemini Earn ...
U.S. Drilling Down on Crypto Miners’ Energy Use Draws Ire From Community
The Energy Information Administration (EIA) is starting a survey to track the electricity consumption of crypto miners in the U.S.
Indonesian markets rattled by election uncertainty, finmin’s future
Indonesian markets, after a period of relative calm, are showing signs of concern about the prospect of a drawn out national election and the possibility of the country's highly regarded finance ...
Digital Core REIT reports FY2023 DPU of 3.7 US cents, 15.9% below forecast
Digital Core REIT (DCREIT) DCRU 0.00% has reported a distribution per unit (DPU) of 3.70 US cents for FY2023 ended Dec 31, 2023, 15.9% below forecast and a 7.0% drop from its FY2022 DPU of 3.98 US ...
Chandgie promoted to COO at Yokohama Tire
Yokohama TireCorporation (YTC) announced that Stan Chandgie, executive vice-president of sales and support, has been promoted to chief operating officer ... ( read original story ...)
Close Call at Airport In Japan’s Osaka: Wingtips of Two Planes ‘Scratch’, No Passengers Affected
This incident adds to a series of mishaps involving Japanese aircraft and airports since the beginning of the year. Among them, the most severe was a nearly catastrophic collision at Haneda airport ... ( read original story ...)
Bitcoin At $42,000, But: ‘Down To Consolidation’ Most Likely For Former ARK Invest Crypto Lead
Former ARK Invest crypto lead Chris Burniske doubles down on his mid-$20,000 Bitcoin prediction, citing consolidation as most likely. Miners starting to sell and funding rates diving deeper into negative territory signal derivatives are more bearish than spot.