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Category: FINANCE

Posted on 16/05/2025

Crypto exchange Coinbase faces up to $400m hit from cyber attack

Cryptocurrency exchange Coinbase has warned a recent cyber attack will cost it up to $400m (£301m) to fix. The firm said it was contacted by hackers who claimed to have gained access to customer ...

Posted on 15/05/2025

Metaplanet’s Leverages Its Bitcoin Stash of Over 5K BTC to Generate Record Profit of $4M

The company’s aggressive bitcoin accumulation has made it the 11th-largest public company by bitcoin holdings globally ...

Posted on 15/05/2025

From free planes to crypto meme coins, Democrats seize on Trump’s deals to raise corruption concerns

Democrats are leaning into a corruption argument against President Donald Trump, pointing to his crypto meme coin and plans to accept a luxury jet from Qatar as evidence that the president is ...

Posted on 15/05/2025

Hiltzik: Crypto was already in bad odor before jumping into bed with Trump. Now it smells worse

Trump's cryptocurrency deals have even Republicans getting concerned about the potential — and possibly the reality — of conflicts of interest and unconstitutional transactions.

Posted on 15/05/2025

India’s Yes Bank expects Japan’s SMBC to maintain at least 20% stake, CEO says

India's Yes Bank expects Japan's Sumitomo Mitsui Banking Corp (SMBC) to maintain at least 20% stake in the lender but said that regulatory requirements may be keeping it from raising shareholding ...

Posted on 15/05/2025

The crypto industry is suddenly at the heart of American politics

The Pakistan Crypto Council, which had been established by the finance minister in March to promote the “digital-asset” industry, was celebrating a tie-up with World Liberty Financial (WLF), a firm belonging to Mr Trump and his family.

Posted on 15/05/2025

Best Crypto Under $1 to Buy Now: Can Punisher Coin Be the Next 1000x Crypto?

The search for the best crypto under $1 is heating up, and investors are eager to find the next token that could deliver 1000x returns. With many top-tier crypt

Posted on 15/05/2025

Japan’s Nikkei slides for second day as strong yen weighs

Japan's Nikkei share average dropped for a second day on Thursday, extending its retreat from a nearly three-month peak, as a stronger yen sent automaker shares sliding.

Posted on 15/05/2025

Japan moves to ban Google, Apple from blocking app store rivals

Guidelines proposed by Japan's antitrust watchdog would prohibit U.S. tech leaders Google and Apple from excluding smartphone app competitors from accessing their app stores.

Posted on 15/05/2025

Japan Display cuts half of its workforce in Japan as losses mount

TOKYO -- Japan Display announced Thursday that it will cut approximately 1,500 employees, more than half of its domestic workforce, as it seeks to restructure its business amid continuing losses.

Posted on 15/05/2025

Asian shares are mostly lower after a mixed session on Wall Street

Asian shares and U.S. futures slipped Thursday after U.S. stocks drifted to a mixed close on Wall Street. Oil prices fell more than $1 a barrel. China moved to reverse some of its “non-tariff” ...

Posted on 15/05/2025

Japan’s megabanks forecast more record profits despite tariff uncertainty

Japan's three largest banking groups posted record annual net profit in the last financial year, benefitting from increased corporate activity due to the end of deflation in Japan. Mitsubishi UFJ ...

Posted on 15/05/2025

Japan’s fiscal woes put BOJ bond taper plans to test

Talk of big fiscal spending and a subsequent spike in super-long yields are raising questions over just how quickly the Bank of Japan can taper its bond purchases, adding to the challenges it faces in ...

Posted on 15/05/2025

Japan to seek third round of US trade talks next week, sources say

Japan's top trade negotiator, Ryosei Akazawa, could travel to Washington as soon as next week for a third round of trade talks with the U.S., two sources with knowledge of the plans told Reuters on ...

Posted on 15/05/2025

Rich Japanese Still Fear a Yen Crash, UBS Wealth Manager Says

Speculators and much of the investing world have turned optimistic on the yen as Trump’s trade war keeps markets on edge. But there’s one key holdout that isn’t ready for bullishness: Japan’s richest ...

Posted on 15/05/2025

Japan’s ‘MicroStrategy’ Metaplanet Posts Record Quarter Numbers, Now Owns Over $700 Million Bitcoin

Metaplanet posts record operating profit, adds over 5,000 BTC to its Bitcoin treasury, and increases its shareholders.

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Recent Posts

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