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Category: FINANCE

Posted on 23/05/2025

At Trump’s crypto dinner: Tuxedos, luxury cars and a former NBA star

As people began arriving for the event, the price of $TRUMP dropped suddenly by about 6%, indicating a significant sales volume, before stabilizing.

Posted on 23/05/2025

Trump’s Memecoin Gala Dinner Draws Crypto Tycoons, a Basketball Star and Protests

The cryptocurrency industry’s lovefest with MAGA reached a pinnacle Thursday when President Trump hosted the top buyers of his memecoin at his golf club outside Washington.

Posted on 23/05/2025

Trump Hosts Meme Coin Dinner—What We Know About The Exclusive Crypto Gathering

President Donald Trump is hosting a dinner Thursday for top investors in his meme coin, throwing the event at the Trump National Golf Club outside Washington, D.C., for a mostly anonymous group of ...

Posted on 23/05/2025

Big Banks Explore Venturing Into Crypto World Together With Joint Stablecoin

The nation’s biggest banks are exploring whether to team up to issue a joint stablecoin, a step intended to fend off escalating competition from the cryptocurrency industry. The conversations have so ...

Posted on 23/05/2025

Wealthy foreign crypto investors descend on President Trump’s golf club for $148 million meme coin dinner

By Michelle Conlin, Lawrence Delevingne and Trevor HunnicuttSTERLING, Virginia (Reuters) -Buyers of President Donald Trump’s meme coin converged from around the globe on Thursday for an exclusive ...

Posted on 23/05/2025

Japan could trigger a ‘global financial market Armageddon’ – SG

Japan's bond market turmoil could disrupt global financial stability, warns Société Générale. Learn how this shift impacts investments worldwide.

Posted on 23/05/2025

Asian stocks rise and oil prices slip after Treasury yields ease

Asian stocks have advanced as U.S. Treasury yields eased after a rocky week due to worries in the bond market over mounting U.S. government debt.

Posted on 23/05/2025

‘An Orgy of Corruption’: Trump to Attend Crypto Dinner With Mystery Guests Who Paid Over $1 Million For A Seat

While meme coins are often treated as jokes, with no real utility, Trump’s meme coins have become a way for wealthy individuals to gain access to Trump and funnel money to his family. So far, Trump’s coin has generated at least $320 million in fees, according to Chainalysis, a crypto analytics firm.

Posted on 23/05/2025

The Father Pursues Trump’s Diplomatic Deals. The Son Chases Crypto Deals.

While Steve Witkoff travels the world as Middle East envoy, his son Zach is pitching foreign deals for his cryptocurrency venture with the Trumps.

Posted on 23/05/2025

Japan’s core inflation hits more than 2-year high

TOKYO (Reuters) -- Japan's core consumer inflation hit 3.5% in April to advance at its fastest annual pace in more than two years, data showed on Friday, maintaining pressure on the central bank to ...

Posted on 23/05/2025

Bitcoin price surges to fresh record ahead of Trump’s crypto dinner

Price move gives renewed hope that the digital token can achieve a kind of escape velocity against almost any economic backdrop.

Posted on 23/05/2025

‘Major Wake-Up Call’: How $400M Coinbase Breach Exposes Crypto’s Dark Side

Coinbase said 69,461 customers were initially impacted by the breach, but fears remain over the threat of real-world robberies.

Posted on 23/05/2025

It’s Time to Worry About Japan and the Yen Carry Trade Again

It’s time to worry about Japan again. While investors may have expected better times for stocks now that the market has more or less recovered from April’s tariff shock, some strategist see reason for ...

Posted on 23/05/2025

From Tokyo To Your Wallet: How Japan’s Monetary Shift Is Shaping Your Financial Future

Japan's historic shift away from negative rates and yield curve control marks a turning point, ending decades of ultra-expansionary monetary policy. Read more about it here.

Posted on 23/05/2025

SoftBank Group Breakthrough: Turbocharged Earnings Ignite AI Investments

Japanese tech giant SoftBank Group reported its first profit in four years, amassing gains through strategic investments amid global economic uncertainties. The company remains focused on AI, ...

Posted on 22/05/2025

Norinchukin Bank books annual loss of $12.63 billion on US and European bonds

Japan's Norinchukin Bank on Thursday reported a net loss of 1.81 trillion yen ($12.63 billion) for the year ended March 2025 as it sold off its portfolio of U.S. and European government bonds. The ...

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