TOPNWS:

Analysis: With a reshuffled cabinet, PM Kishida gets to work in choosing the next BOJ head

A man looks at a mobile phone in front of the Bank of Japan building in Tokyo, Japan June 16, 2017. REUTERS/Toru Hanai/File Photo Register now for FREE unlimited access to Reuters.com Register Kishida pays heed to proponents of ‘Abenomics’ in reshuffle Central bankers Amamiya, Nakaso top candidates for top BOJ job Small chance of …

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US FDA says possible carcinogen found in some Merck diabetes drugs

Signage is seen at the Merck & Co. headquarters in Kenilworth, New Jersey, US, November 13, 2021. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register: Aug 9 (Reuters) – The US Food and Drug Administration said on Tuesday certain samples of sitagliptin, a compound in Merck’s (MRK.N) diabetes drugs Januvia and …

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Ripple Labs interested in bankrupt crypto lender Celsius’ assets

Celsius Network logo and representations of cryptocurrencies are seen in this illustration taken, June 13, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register: Aug 10 (Reuters) – San Francisco-based blockchain payments company Ripple Labs Inc, which is embroiled in a high-profile battle with the US securities regulator, is interested in …

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Musk sells Tesla shares worth $6.9 billion, cites chance of forced Twitter deal

Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China January 7, 2019. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register: Aug 10 (Reuters) – Tesla Inc ( TSLA.O ) Chief Executive Officer Elon Musk sold $6.9 billion worth of shares in the electric vehicle maker, saying the …

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Coinbase posts loss as crypto market turmoil hits trading volumes

A representation of the cryptocurrency is seen in front of Coinbase logo in this illustration taken, March 4, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com register Aug 9 (Reuters) – Coinbase Global Inc (COIN.O) reported a larger-than-expected quarterly loss on Tuesday as investors worried by this year’s rout in risky assets …

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Dreaded ‘down rounds’ shave billions off startup valuations

Aug 9 (Reuters) – Several high-flying startups are being brought down to earth, as a recent carnage in global equity markets and lackluster demand for new listings force companies to raise funds at a substantial discount to their sky-high valuations. Easy money from venture capital dealmaking is fast evaporating in an inflation-induced high interest-rate environment …

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Singapore-based crypto lender Hodlnaut suspends withdrawals

Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register: HONG KONG, Aug 8 (Reuters) – Hodlnaut, a Singapore-based crypto currency lender and borrower, has suspended withdrawals, swaps and deposits, …

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Dollar edges lower as currency markets pull back on Friday’s moves

dollar falls; Aussie, Kiwi and sterling gain Traders price in 69% chance of 75 bps Fed hike in Sept LONDON, Aug 8 (Reuters) – The dollar fell on Monday, losing some of the gains it had made from Friday’s US jobs data, as currency markets pulled back on their initial reaction and waited for Wednesday’s …

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