On today’s show, CNBC’s Ylan Mui reports that several Democrats are pitching proposals for the next big stimulus bill, even as the current $1.9 trillion package moves through Congress. Plus, CNBC’s ... ( read original story ...)
Crypto hedge funds see huge gains as Wall Street gets serious on bitcoin
CNBC's Leslie Picker explains why traditional hedge funds have been slower to enter the cryptocurrency space, as crypto-focused firms see huge profits amid the bitcoin boom. ( read original story ...)
Tokyo Seeks Longer Emergency; Brazil’s New Record: Virus Update
Tokyo plans to ask the Japanese government to extend the Covid-19 state of emergency that is due to expire this weekend, the Nikkei reported, citing multiple unidentified people. Australia’s ... ( read original story ...)
Japan’s service sector shrinks for 13th month as emergency weighs – PMI
Japan's services sector extended declines in February for a 13th straight month, as business activity was hit by curbs put in place to stop the spread of the coronavirus pandemic, leading to weak ... ( read original story ...)
Japan embarks on random and targeted COVID-19 testing, but some experts call for more
Last week, about 600 people were tested for the coronavirus in the city of Utsunomiya, north of Tokyo - the Japanese government's first stab at systematic random and targeted testing that it hopes ... ( read original story ...)
Hong Kong energy fund sues Japan in groundbreaking case
The Japanese government has been thrust into “crisis mode” after a Hong Kong-based renewable energy fund broke a longstanding taboo and became the first to lodge an arbitration claim against the state ... ( read original story ...)
Marc Lasry, Chris Giancarlo Invest in Crypto Firm BlockTower
Billionaire hedge-fund manager Marc Lasry and former U.S. Commodity Futures Trading Commission Chairman Christopher Giancarlo have invested in crypto-asset and blockchain investment firm BlockTower ... ( read original story ...)
Bitcoin falls 4% after Biden nominee Gary Gensler says SEC will seek to eliminate fraud and manipulation in crypto markets
Gensler said that the SEC would enforce investor protections in the crypto market, including ensuring that the custody of digital assets are safe. ( read original story ...)
Biden’s SEC pick: Some crypto markets ‘rife with fraud and scams’
Gary Gensler, Biden’s pick to head the SEC, told Congress Tuesday that the “greater challenge” in bitcoin and cryptocurrencies is protecting investors. ( read original story ...)
Twin Sisters Score Japan’s Hottest IPO by Making Games for Women
To the growing list of things that make gaming startup Coly Inc. unusual, it can add one of the best market debuts in recent Japanese history. ( read original story ...)
SoftBank-backed Coupang seeks over $50-bil valuation in U.S. IPO
South Korea's Coupang Inc, which is backed by SoftBank Group Corp, is targeting a blockbuster stock market debut that would value the e-commerce giant at well over $50 billion and make it the largest ... ( read original story ...)
Kenko Tokina forms alliance with Carl Zeiss to be its distributor for lenses and more in Japan
Kenko Tokina has announced it will enter a business alliance on April 1 that will see it become the new source for sales and support of Carl Zeiss equipment in Japan. ( read original story ...)
Japan emerges as silent leader in Indo-Pacific
Amid intense provocations by China and North Korea Japan has emerged as a quiet leader in the Indo-Pacific establishing itself as a stalwart of the liberal r ... ( read original story ...)
Japan emerges as silent leader in Indo-Pacific amid China’s growing belligerence
Amid intense provocations by China and North Korea, Japan has emerged as a quiet leader in the Indo-Pacific, establishing itself as a stalwart of the liberal, rules-based international order. ( read original story ...)
Musician 3LAU sells the world’s first-ever crypto-digital albums, making $11.6 million in under 24 hours
One song from 3LAU's album sold for over $3.6 million. The EDM artist said NFTs could help musicians subsidize concert revenue losses from 2020. ( read original story ...)
Coinbase Is a $100 Billion Crypto Cult
Coinbase Global Inc. plans to go public under a direct listing that values the largest U.S. digital-asset exchange at almost $100 billion. The service the company offers is the same basic principle as ... ( read original story ...)