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Category: FINANCE

Posted on 08/11/2024

Japan’s Nikkei Falls on Chip Stocks, Topix Rises After Trump Win

Japan’s Nikkei 225 Stock Average dropped Thursday, weighed by chip-related stocks on concerns about US President-elect Donald Trump’s trade policy. The broader Topix Index held onto gains, buoyed by ...

Posted on 08/11/2024

Binance founder Changpeng Zhao says prison inmates and guards asked him for crypto tips

Binance's founder said in a new interview that he wasn't initially recognized in prison — but word of his vast wealth and crypto know-how soon spread. Being incarcerated, however, limited his outlook on the market. "Many of them asked, like, which coins ...

Posted on 08/11/2024

Crypto Sweep Puts Congress on Notice: Vote With Us or We’ll Come After You With Millions

The cryptocurrency industry took a victory lap Wednesday. Devotees of digital currencies had cause to celebrate: An ally in Donald Trump had taken the White House and a slew of pro-crypto congressional candidates won races that included at least two Senate ...

Posted on 08/11/2024

Afcons Infrastructure IPO: GMP drops below issue price, here is what you need to know

After a successful allotment on October 31, following its subscription phase from October 25 to October 29, the IPO has raised some concerns as its grey market premium (GMP) flipped negative.

Posted on 08/11/2024

AI Agents Economy: Why Crypto May Hold The Key To Fund Management

As the potential of autonomous AI agents becomes more tangible, crypto is emerging as a promising infrastructure to enable AI agents to manage funds.

Posted on 08/11/2024

Asia markets mostly fall after major U.S. indexes slip; Hyundai Motor India shares drop on debut

During the U.S. trading session, two Federal Reserve officials had spoken about the trajectory of interest rates.

Posted on 08/11/2024

If You Bought 1 Share of Plug Power at Its IPO, Here’s How Much Money You’d Have Now

And it's been a long downward trend since then. If you had held on to your shares since the IPO date in late 1999, you would have lost nearly 99% of your initial capital. The company went through ...

Posted on 07/11/2024

Best Crypto To Buy Right Now: Bonk Coin, Fantom And Cutoshi. Bullish Or Bearish Buys?

With hype for meme coins ramping up, tokens like Bonk, Fantom, and the latest meme coin on the block, Cutoshi, are at the top of everyone’s shortlist.

Posted on 07/11/2024

Slow real wage growth and weaker yen send mixed signals to Bank of Japan

The policy board will want more evidence of a durable wage-price spiral, but the weaker yen may force an earlier hike ...

Posted on 07/11/2024

Expect Japan’s regulations to continue being crypto-friendly, not crypto-easy: SBI Digital Asset Holdings

Fernando Luis Vazquez Cao of SBI Digital Asset Holdings discusses crypto regulations in Japan and says that the Japanese Financial Services Agency has been "super receptive" to having cryptocurrency ...

Posted on 07/11/2024

Trump victory might give Bank of Japan some room to maneuver

Donald Trump’s victory in the U.S. presidential election could lead to higher interest rates in Japan, some analysts argue. The Bank of Japan has been under pressure to keep monetary policy ...

Posted on 07/11/2024

FSA Regulation Aims to Stop Crypto Firms in Japan From Moving Abroad Post Bankruptcy

Japan’s FSA has proposed new amendments to prevent crypto exchanges from transferring assets overseas in case of bankruptcy. The FSA’s move aims to protect investors ...

Posted on 07/11/2024

Japan stocks “attractively valued,” expect year-end rally, Citi says

Investing.com-- Japanese stocks have lagged their global peers in recent months amid increased political uncertainty in the country and a cloudy outlook for the Bank of Japan, although this makes them ...

Posted on 07/11/2024

Japan’s 10-year bond yield crosses 1% for 1st time in over 3 months

TOKYO: Japan’s 10-year government bond yield crossed 1% for the first time in more than three months on Thursday, tracking US yields higher, while markets were cautious that the Bank of Japan (BOJ) ...

Posted on 07/11/2024

Japan’s Nikkei Reverses Gains on Chip Stocks, Profit Guidance

Japan’s Nikkei 225 Stock Average dropped, weighed by chip-related stocks and by disappointing profit guidance. The Topix index held onto gains, buoyed by financials which rallied on the back of higher bond yields following Donald Trump’s presidential win.

Posted on 07/11/2024

Japan shares higher at close of trade; Nikkei 225 up 2.16%

Japan equities were higher at the close on Wednesday, as gains in the Glass, Transportation Equipment and Banking sectors propelled shares higher. At the close in Tokyo, the Nikkei 225 added 2.16%. The biggest gainers of the

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