Tag Archives: Business/Finance


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


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


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


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


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


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


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


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