The Californian firm is in great difficulty. Most of its crypto clients have left, after it announced that it had to review the books with its auditors.
Coinbase, Gemini and other big crypto names have rushed to ditch Silvergate after the bank warned of building troubles
Some of the biggest names in crypto have backed away from lender Silvergate Capital after the key digital-currency player warned it's having to evaluate its ability to survive.
SoftBank’s Arm Picks U.S. for Chip IPO. Now the Question Is How Much It’s Worth.
"SoftBank and Arm have determined that pursuing a U.S. only listing of Arm in 2023 is the best path forward," Arm CEO Rene Haas said.
SoftBank’s Arm rebuffs London by choosing U.S. listing
Arm, the chip designer owned by Japan's SoftBank , said on Friday it would pursue a U.S.-only listing this year, dashing the British government's hopes that the tech giant would return to the London ...
Residents of Japan seek compensation from N Korea for abuses
A group of residents of Japan who say they suffered decades of human rights abuses in North Korea after being lured there by false promises of a “Paradise on Earth” asked a Japanese appeals court on ... ( read original story ...)
Japan PM urges extra inflation-relief steps as households struggle
TOKYO (Reuters) -Japanese Prime Minister Fumio Kishida has ordered the ruling coalition to draft additional measures over the next two weeks to counter price hikes, Kyodo news agency reported on ... ( read original story ...)
Japan’s island number could more than double after a recount found 7,000 unknown islands
Geographers say the number of islands in Japan is expected to more than double, topping 14,000, after a recount led to the discovery of 7,000 islands. ( read original story ...)
Property developer China Vanke raises nearly $500 million in HK share sale
TOKYO (Reuters) - Inpex, Japan's largest oil and gas exploration and production company, said on Thursday it has bought a 16.7% stake in the Moray East... JOHANNESBURG (Reuters) -Africa's biggest pay ... ( read original story ...)
Latest Crypto News: US Senators Seek Info On Binance’s Business, Japanese Banks To Foray Into Stablecoins
The lawmakers requested a slew of documents on company finances, compliance, and risk management practices from Binance and its US affiliate, Binance.US, CNBC reported. “In the years since Binance’s ...
Crypto Hedge Fund Looks to Swiss Banks After Silvergate Exodus
A crypto fund manager overseeing $400 million is looking to Swiss banks to help plug the gap created by the unraveling of a key payments network operated by ailing US lender Silvergate Capital Corp.
Japan stocks higher at close of trade; Nikkei 225 up 1.56%
Japan stocks were higher after the close on Friday, as gains in the Steel, Retail and Paper & Pulp sectors led shares higher. At the close in Tokyo, the Nikkei 225 added 1.56% to hit a new 1-month ...
Japan Airlines Returns to Nikkei 225, Tokyo Disney Parent Added
Japan Airlines Co. will be added back to the Nikkei 225 Stock Average for the first time since it relisted in 2012.
Japan reschedules H3 rocket launch to March 6, after Feb. 17 abort
Japan's space agency said it plans to launch what would be its first new medium-lift rocket in three decades on March 6, more than two weeks after the initially scheduled launch was aborted. ( read original story ...)
The model for Asia’s Quad? The Beatles, says Japan’s top diplomat
As Asia's "Quad" powers search for ways to define the group, Japan's foreign minister has offered a model -- The Beatles.The Quad was spearheaded by late Japanese prime minister Shinzo Abe as an ... ( read original story ...)
Japan services PMI revised upward amid a stronger rise in new business inflows as the jolt of pandemic subside
The au Jibun Bank Japan Services PMI was revised higher to 54.0 in February 2023 from preliminary estimates of 53.6. Load Error The latest result followed a final 52.3 in the previous month and marked ... ( read original story ...)
Bitcoin, Ether Analysis, Japanese Industry Leader on ‘Stupid’ Regulator Warnings Against Binance, State of Crypto in Japan
Emily speaks Chinese, Japanese, French and Spanish. She graduated with Honors from Brown University and has a Masters from Harvard in East Asian Studies. She holds Bitcoin, Ether and smaller ...