Tag Archives: Business/Finance

29Jan/18

Japan to punish hacked cryptocurrency exchange Coincheck

TOKYO, JAPAN (JANUARY 29, 2018) (REUTERS) – Japan’s financial regulator plans to slap an administrative punishment on cyrptocurrency exchange operator Coincheck Inc on Monday (January 29), the top government spokesman said, after the firm lost 58 billion yen ($534 million) worth of NEM coins to hackers. Continue reading

28Jan/18

Nearly $530 million lost in world’s biggest crypto-currency theft in Japan

China Central Television (CCTV) – A major Japanese crypto-currency exchange has lost 58 billion yen (about 528 million U.S. dollars) in digital assets after a hacking attack, making it the world’s biggest ever digital currency theft. Continue reading

14Dec/17

High tech, high finance and high times for the pot industry

OAKLAND, CALIFORNIA, UNITED STATES (REUTERS) – Two years ago, Alan Gertner was head of Google’s Asia-Pacific sales team in Singapore, handling more than $100 million (USD) in business. Continue reading

21Nov/17

Tencent surpasses Facebook in market value

Tencent Holdings has racked up some impressive gains this week – becoming the first Chinese firm to be worth more than $500 billion and surpassing Facebook to be the world’s fifth-most valuable company. Grace Lee reports Continue reading

13Nov/17

IMF warns of ‘disruptive’ Brexit threat

Europe’s economy is now hitting its stride, according to the International Monetary Fund. But, as Ciara lee reports, a disruptive Brexit could result in “appreciably” lower growth for Britain and the euro zone. Continue reading

13Nov/17

Uber OKs SoftBank’s bid to buy stake

The peace deal struck by Uber’s board will allow Softbank to make an investment worth up to $10 billion, according to sources. Fred Katayama reports. Continue reading

09Nov/17

Apple orders Witherspoon, Aniston drama in TV push

LOS ANGELES, CALIFORNIA, UNITED STATES (REUTERS) – Apple Inc has ordered two seasons of a drama series that stars Reese Witherspoon and Jennifer Aniston and looks at the lives of people working on a morning television show, a company spokeswoman said on Wednesday (November 08). Continue reading

08Nov/17

Apple breaks $900 bln market cap, leads Wall St to record highs

NEW YORK, NEW YORK, UNITED STATES (NOVEMBER 8, 2017) (NYSE) – Wall Street closed at a record high on Wednesday (November 8) as Apple’s AAPL.O market capitalization climbed above the $900 billion mark and videogame makers rallied. Continue reading