MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.6 percent in early trade, dragged lower by outsized declines in China's bluechips and Hong Kong's Hang Seng index.
Why the price tag for a 2030 Winter Games in Sapporo just shot up more than $100 million
Salt Lake City’s only remaining rival for the 2030 Winter Games now expects to spend as much as $2.17 billion to host if they’re the International Olympic Committee’s pick, a $116 million increase ... ( read original story ...)
Tokyo seeks ‘constructive and stable’ relations with China as it pushes for Fumio Kishida-Xi Jinping meeting
Tokyo and Beijing are celebrating 50 years of normalising diplomatic relations this year, but a face-to-face meeting between the leaders of the two nations has not been held since 2019. ( read original story ...)
Asian Stocks to Fall Amid Crypto Slump, Before CPI: Markets Wrap
Equity futures in Japan and China declined while Australian stocks fell. The S&P 500 slumped, ending a three-day advance. Earnings from Walt Disney Co. and News Corp. disappointed. The dollar held ...
Japan’s Nikkei retreats from two-month high as Nintendo, energy stocks weigh
Japan's Nikkei closed lower on Wednesday, after hitting a near two-month high in the last session, as Nintendo dropped on poor earnings, with cautious investors now awaiting U.S. inflation data to ...
Asia-Pacific markets set to fall ahead of U.S. inflation data
Shares in the Asia-Pacific are poised to fall Thursday ahead of U.S. CPI data and a day after U.S. midterm results.
Japan companies hold firm on capex plans with focus on tech- Reuters poll
A majority of Japanese firms plan to focus their capital spending on technology next year, with investment plans largely unaffected by a plunge in the yen, a Reuters monthly poll showed. While overall ... ( read original story ...)
England players know Test futures could be on the line against Japan
England players will head into Saturday’s match with Japan aware that their Test futures could be on the line after ... ( read original story ...)
Gemma Dryburgh reflects on her breakthrough victory in Japan, where she dined on octopus and won a toilet
In addition to getting into the CME Group Tour Championship, the season-opening Hilton Grand Vacations Tournament of Champions, the majors and that $300,000 winner’s check, Gemma Dryburgh won a Toto ... ( read original story ...)
Is This Crypto’s Lehman Moment?
But within the crypto world, it is already being referred to as the industry’s “Lehman moment” — a reference to the 2008 collapse of Lehman Brothers, which set off a global financial panic and made it ...
Fall of a Crypto Titan Puts an Industry on Edge
The rapid collapse of the cryptocurrency exchange built by the billionaire Sam Bankman-Fried suggests that no company in the freewheeling, loosely regulated crypto industry is safe.
Crypto’s white knight lost 94% of his wealth in a single day
Fried, the crypto entrepreneur known for providing a financial lifeline to struggling firms in the industry, is now in need of a bailout himself.
FTX’s collapse has thrown the crypto lobby a curve
Sam Bankman-Fried was angling to be a major player in Washington. Now his firm and his reputation are in tatters, and even crypto’s D.C. allies are asking questions.
Binance ditches deal to rescue rival crypto exchange FTX
We’ll send you a myFT Daily Digest email rounding up the latest FTX Trading Ltd news every morning. Binance will abandon its deal to rescue Sam Bankman-Fried’s FTX cryptocurrency exchange, citing ...
“Big Short” Michael Burry Says Crypto Crash Has One Reason
The legendary investor is not surprised by the recent crash in the cryptocurrency market.Investor Michael Burry has built his reputation by being skeptical of financial assets and products that arouse ...
BREAKING: crypto
We have seen over the last several years that the crypto ecosystem is becoming more resilient and we believe in time that outliers that misuse user funds will be weeded out by the free market. As ...