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Category: FINANCE

Posted on 29/11/2024

Stock market today: Asian shares are mixed, with US markets closed for Thanksgiving

Asian shares were mixed on Friday after U.S. markets were closed Thursday due to the Thanksgiving holiday. U.S. futures and oil prices rose. Tokyo's Nikkei 225 index fell 0.4% to 38,183.31 after the ...

Posted on 29/11/2024

Japanese bank declines to block transfer of money stolen from BoU

Sources, however, indicated that both the English and Japanese Interpol agencies are yet to respond to the request from Kampala ...

Posted on 29/11/2024

Crypto Is Soaring After Trump’s Election: 6 Reasons You Still Shouldn’t Go All In

The value of cryptocurrencies like Bitcoin have been soaring since former President Donald Trump was elected president. As of Nov. 22, Bitcoin's value had reached an all-time high of over ...

Posted on 29/11/2024

Japan’s New Prime Minister Reorganizes Web3, Crypto Policy Units

Japanese Prime Minister Shigeru Ishiba has reorganized his party’s web3 and crypto policy-making units. Find out more!

Posted on 29/11/2024

Bank employees in Japan sign 146-year-old ‘suicide pledge’ to deter theft

Employees at Shikoku Bank in Japan have signed a pledge vowing to "commit suicide" if they are found guilty of financial wrongdoing. The pledge, which dates back to 1878 when the bank was founded as ...

Posted on 29/11/2024

Nikkei Rises 0.6%, Led by Electronics Stocks

Japanese stocks ended higher, led by gains in electronics stocks, as hopes for continuing Fed rate cuts help offset uncertainty over U.S. trade policy ...

Posted on 29/11/2024

Japan Cabinet to Approve $92 Billion Extra Budget, NHK Says

Japan will lean heavily on extra tax revenue in a ¥13.9 trillion ($92 billion) additional budget to finance Prime Minister Shigeru Ishiba’s stimulus package, according to state broadcaster NHK.

Posted on 29/11/2024

Japan to provide $600 million for housing subsidies to Ukrainians and IDP assistance

The World Bank has approved additional funding of $664 million for the "Investing in Social Protection for Inclusion, Resilience, and Efficiency" (INSPIRE) project. The Japanese government is funding ...

Posted on 28/11/2024

Hong Kong to offer crypto tax exemption for hedge funds and family offices

Hong Kong plans to waive tax on investment gains from cryptocurrencies and other alternative assets for hedge funds, private equity funds and certain family offices as the city strives to enhance its ...

Posted on 28/11/2024

North Korean hackers have stolen billions in crypto by posing as VCs, recruiters and IT workers

A venture capitalist, a recruiter from a big company, and a newly hired remote IT worker might not seem to have much in common, but all have been caught as imposters secretly working for the North ...

Posted on 28/11/2024

Crypto leaders press Trump to create federal bitcoin reserve

President-elect Donald Trump has expressed support for the bitcoin idea, which some economists see as inflationary and costly, depending on its implementation.

Posted on 28/11/2024

Japan’s Nikkei ends higher as investors step in after two-day slump

TOKYO - Japan's Nikkei share average reversed course to end higher on Thursday after two straight sessions of losses made stocks relatively cheaper. The Nikkei gained 0.56% higher to close at ...

Posted on 28/11/2024

Asian stocks subdued, dollar drifts ahead of US Thanksgiving

Asian shares were subdued on Thursday and the dollar was on the defensive after U.S. data showed progress in slowing inflation had stalled even as the economy remained resilient, raising doubt over ...

Posted on 28/11/2024

Japan police bust online gamblers for first time using crypto ‘tracking tool’

Japan police are now actively arresting users of overseas online casinos using a crypto “tracking tool” — a first for their government. On November 26 (JST) the Tokyo Metropolitan Police Department’s ...

Posted on 28/11/2024

Japan’s former top FX diplomat Kanda elected as next ADB chief

TOKYO (Reuters) -- The Asian Development Bank (ADB) has elected as its next president Japan's former top currency diplomat Masato Kanda, the bank said on Thursday. Kanda, now a special adviser to ...

Posted on 28/11/2024

Bank of Japan’s latent losses on JGBs hits record ¥13.66 trillion

JGB prices fell after the central bank ended its negative interest rate policy in March and raised interest rates in July.

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