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Category: FINANCE

Posted on 03/02/2025

Asian crypto stocks plunge as Bitcoin drops to three-week low

Asian cryptocurrency stocks took a beating on Feb. 3 as Bitcoin fell as far as $91,163, its lowest level in over three weeks, while altcoins led a broad market sell-off. Japan’s Metaplanet, often ...

Posted on 03/02/2025

‘A Tidal Wave Of Fear’—Trump Tariffs Fuel Price Crash Fears For Bitcoin, Ethereum, XRP And Crypto

“A tidal wave of fear, uncertainty and doubt (FUD) has been unleashed across the cryptocurrency market after U.S. president Donald Trump’s Friday tariff announcement,” Petr Kozyakov, chief executive ...

Posted on 03/02/2025

Crypto ETP weekly inflows fall to $527M amid DeepSeek panic and Trump tariffs

Crypto ETPs struggled last week amid DeepSeek panic and broader market concerns, which limited weekly inflows to $527 million, according to CoinShares.

Posted on 03/02/2025

Japanese Company Goes Live with NETSOL’s Transcend Finance Platform in Australia

A Japanese equipment finance company has gone live with the Transcend Finance Platform by NETSOL Technologies, a global business services and asset finance solutions provider, in Australia.

Posted on 03/02/2025

One industry just got a big boost from Trump — and it wasn’t crypto or Tesla

The president's mass deportation plans could funnel huge profits to private prison companies like Geo and CoreCivic.

Posted on 03/02/2025

Japan’s Nikkei logs worst day in 4 months on US tariff worries; automakers slump

Japan's Nikkei index dropped over 2% on Monday, marking its worst session in four months due to global economic concerns heightened by U.S. President Trump's tariffs on Canada, Mexico, and China.

Posted on 03/02/2025

Japan’s Mizuho exceeds annual profit target with third-quarter earnings jump

Mizuho Financial Group, Japan's third-largest lender, booked a 28% increase in quarterly net profit that has meant its nine-month figures now exceed forecasts for full-year income. Japan's banking ...

Posted on 03/02/2025

Asian stocks bleed after Trump’s tariffs: Nikkei down 2%, Kospi crashes 3%

Asian stock markets are trading lower on Monday, following negative cues from Wall Street on Friday. Investor sentiment has been impacted by concerns over higher inflation after the US imposed new ...

Posted on 03/02/2025

After partying at Davos, Japan’s crypto hero Tamaki backtracks on 20% tax issue

Democratic Party for the People (DPP) leader Yuichiro Tamaki has long been viewed in Japan as a ‘pro-crypto’ politician for aiming to establish a separate, 20% tax rate. However, residents of the ...

Posted on 03/02/2025

Nikkei sheds over 1,000 points as markets react to Trump’s tariffs

The trend among investors in Tokyo is to lower risks by reducing their holdings and selling futures for now, a Japanese brokerage house official said.

Posted on 03/02/2025

Crypto Bears Brunt of Risk-Off Moves After Trump Unveils Tariffs

A slump in cryptocurrencies weighed heavily on some of the more speculative digital assets late Sunday in the US, a sign investors will slash risk when markets open Monday following new tariffs ...

Posted on 03/02/2025

Japanese Finance Minster: Tokyo Will Review Crypto Tax System ‘by June’

The Japanese Finance Minster Katsunobu Kato has promised Tokyo will review much-maligned crypto tax laws by the end of June this year.

Posted on 03/02/2025

SoftBank, Open AI to call on 500 firms to help build Japan AI network

SoftBank and Open AI will host a gathering of more than 500 Japanese companies in Tokyo on Monday. They will seek the participation of a wide range of industries -- from transportation and logistics ...

Posted on 03/02/2025

Trump’s Washington Embraces Crypto With Meme Coins and Black-Tie Galas

The capital is embracing the crypto crowd with President Trump’s return to office, marking a reversal of the Biden administration’s legal pursuit of companies such as FTX.

Posted on 03/02/2025

Crypto Hack Losses Drop in January Despite Major CeFi Breaches

Cryptocurrency hackers have persisted in their efforts to steal user funds, though the amount stolen in January showed a decline from the previous year, indicating a potentially positive development for the cryptocurrency industry.

Posted on 03/02/2025

Japan airports struggle to resolve relentless fuel shortage

TOKYO/CHIBA, Japan -- A jet fuel shortage that surfaced last summer in Japan appears poised to repeat this year due to a longstanding business practice.

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