News

American investment firm Tiger Global has cut down its holdings in major tech firms following the steep declines it recorded earlier in the year, according to a report on FT....

Fastfood giant McDonald’s is looking at letting go of its Russian business following the country’s invasion of Ukraine, according to a report on FT. The plans to exit the Russian...

Nomura is set to launch a new company to assist institutional clients to diversify into cryptos and NFTs amid heightened volatility, according to a report by FT on Monday. Japan’s...

Japan’s investment bank Nomura has joined Wall Street peers Goldman Sachs and JPMorgan into crypto derivative contract offerings, according to CoinDesk. The bank says it opened the over-the-counter crypto derivatives...

Japanese giant SoftBank is shifting to a “defensive” stance following the ¥3.5-trillion or $27-billion investment loss of its Vision Fund for the full year, according to its founder Masayoshi Son....

Anchor Protocol contributors are eyeing to cut down the yield on UST deposits in a bid to boost sustainability, according to a post on its official website. Contributors are looking...

Beyond Meat shares tumbled 23% after the launch of jerky, led to a wider-than-expected loss for its Q1, according to a news release by Beyond Meat on Wednesday. Beyond reported...

Goldman Sachs claims the Japanese yen is the perfect hedge against the risk of a US recession, according to a report by Markets Insider on Wednesday. In a note, Goldman...

Datacenter operator Switch Inc. has agreed to go private in an $11-billion deal with Digital Bridge Group Inc., the firm announced in a statement. Under the agreement, DigitalBridge Group Inc.’s...

Philip Morris International Inc.’s Dutch affiliate plans to acquire nicotine pouch maker Swedish Match AB in a $16.0 billion deal, the company announced in a statement. Philip Morris Holland Holdings...

Nintendo announces a 10-for-one stock split to address long-time investor concerns to enhance corporate governance at games maker, according to a report by FT on Tuesday. The unexpected move will...

Tiger Global has suffered losses of $17B during this year’s tech stock sell-off, marking the biggest dollar losses for the hedge fund in history, according to a report by FT...