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Category: FINANCE

Posted on 13/05/2025

Crypto Debit Cards: Why They Suck and How to Fix Them

Crypto debit cards pitch themselves as a friction-free bridge from blockchain to checkout. In practice, they feel more like prepaid gift cards. The problem isn’t marketing; it’s unit economics. Debit ...

Posted on 13/05/2025

NTT Data Group Plans Key Investor Meetings Ahead of IPO, Sources Say

Japan’s NTT Data Group is set to start meeting select investors soon ahead of its proposed listing of a new Singapore real-estate investment trust, people familiar with the process said.

Posted on 13/05/2025

Japan finance chief seeks more currency talks with US at G7 meeting

Japanese Finance Minister Katsunobu Kato said Tuesday that he intends to continue talks on currency issues with U.S. Treasury Secreta ...

Posted on 13/05/2025

Japan’s Nikkei jumps to 3-month peak on Sino-US tariff truce

Nikkei in Japan saw a surge, hitting a three-month high. This happened because the United States and China decided to reduce tariffs temporarily. The move eased worries about a possible global ...

Posted on 13/05/2025

Nissan to suspend operations at some domestic plants as part of restructuring, Nikkei says

Japan's Nissan Motor has decided to suspend operations at some domestic factories as part of a business restructuring effort, the Nikkei business daily reported on Tuesday.

Posted on 13/05/2025

Asian shares gain after Wall Street’s rally, but hopes are tempered by trade war uncertainties

Asian shares advanced Tuesday after China and the United States announced a 90-day truce in their trade war, but the gains were tempered by uncertainties over the longer term, as analysts warned ...

Posted on 13/05/2025

Nissan to halt operations at some domestic plants for restructuring: Nikkei

Details regarding which specific factories will be affected and whether they will be temporarily suspended or permanently closed are expected to be finalised at a later date ...

Posted on 13/05/2025

India’s Yes Bank gets a Japanese lifeline

In today’s newsletter, will a good monsoon season wipe away urban India’s economic woes? But first, Japan’s Sumitomo Mitsui Banking Corporation says yes to Yes Bank.

Posted on 13/05/2025

Bank of Japan upbeat on wages despite US tariffs, sees scope to resume rate hikes

TOKYO] The Bank of Japan expects wages and prices to keep rising even as the uncertainty over US tariff policy weighs on the economy, its deputy governor Shinichi Uchida said on Tuesday, signalling ...

Posted on 13/05/2025

Japan’s finance minister wants to discuss forex with Bessent at G7

Japanese Finance Minister Katsunobu Kato said on Tuesday that he would seek to meet U.S. Treasury Secretary Scott Bessent on the sidelines of the G7 meetings in Canada next week to discuss foreign ...

Posted on 13/05/2025

Japan finance chief seeks more currency talks with U.S. at G7 meeting

Japan's chief tariff negotiator, Ryosei Akazawa, is planning a third round of discussions with U.S. officials, including Bessent, in mid-May or later. The finance chiefs of the two countries have ...

Posted on 13/05/2025

Report Says Meta Looking For Stablecoin Partnership To Give Users Crypto Support

Now, as U.S. president Donald Trump’s crypto czar David Sacks surprises traders with a rare bitcoin price prediction, a leak has revealed Mark Zuckerberg is planning to add crypto support for Meta’s 3 ...

Posted on 13/05/2025

Trump family’s bitcoin mining venture to go public — as Trump crypto interests grow

The president's son Eric Trump says he wants to create "the most investable Bitcoin accumulation platform in the market." ...

Posted on 13/05/2025

OpenAI negotiates with Microsoft for new funding and future IPO, FT reports

OpenAI and Microsoft are rewriting the terms of their multibillion-dollar partnership in a negotiation designed to allow the ChatGPT maker to launch a future IPO, while protecting the software giant's ...

Posted on 13/05/2025

Japan’s top banks set to report record profits but face tariff stress test

TOKYO -- Japan's top three banks are set to report combined net profit of roughly 3.9 trillion yen ($26.3 billion) for the year ended March, a 25% gain propelled by sales of cross-held shares and the ...

Posted on 13/05/2025

Eric Trump’s Bitcoin Firm Goes Public Amid White House Crypto Expansion

American Bitcoin was founded earlier in the year in collaboration with Hut 8, whose CEO also serves on American Bitcoin's board.

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