TOKYO: Japan’s Nikkei share average eased slightly on Thursday but stayed on track for its best month in two years, as bets on a peak in US interest rates buoyed equities globally. Japanese stocks ...
Japan, South Korea stocks set for stellar gains in Nov, China lags
Investing.com-- Japan’s Nikkei 225 and South Korea’s KOSPI were the best performers in Asia in November as the prospect of a less hawkish Federal Reserve boosted risk assets across the region. But ...
Kishida’s NISA bet is paying off, just not for Japanese stocks
Japan's big tax break to incentivise its citizens to funnel some of the trillions of yen held in cash into stock market investments and boost the economy is succeeding, but only partially.
Bank of Japan’s Nakamura says more time needed before ultra-easy policy can be tweaked
BANK of Japan board member Toyoaki Nakamura said on Thursday the central bank will likely need some more time before modifying its ultra-loose monetary policy. Read more at The Business Times.
EDITORIAL: Diet approves extra debt-filled budget beset with major problems
In explaining its endorsement of the spending plan, the party said it would finance additional state spending for the 2025 World Expo to be held in Osaka. The party acted in an opportunistic way by ...
IPO Tests New Breakout, Joins AI Race With Google, Microsoft
Following the lead of Google Bard and Microsoft Bing, Monday.com has entered the AI race as MNDY stock tests a breakout.
Exclusive-Japan robot maker Yaskawa eyes $200 million US investment
Japanese robot maker Yaskawa Electric is considering investing around $200 million in the United States, its president said, with an eye to making its industrial robots there for the first time. The ...
Treasury’s Wally Adeyemo wants to crack down on illicit finance enabled by crypto: ‘A clear and present danger for national security’
Through its Office of Foreign Assets Control (OFAC) and Financial Crimes Enforcement Network (FinCEN), the Treasury Department is one of the nation's most powerful financial institutions, wielding tools like economic sanctions and know-your-customer provisions to force global actors to comply with U.S. law. Continue reading
SoFi is getting out of crypto. Customers have 3 weeks to move their accounts to Blockchain.com—or possibly face a big tax bill
Amid increased scrutiny of the banking sector by the Federal Reserve, San Francisco–based SoFi is ending crypto services even after a recent surge in token prices. U.S.-based users can no longer create crypto accounts,
Fintech Firm SoFi Set to Exit Cryptocurrency Business
Financial technology firm SoFi Technologies is set to exit the cryptocurrency business and has given its customers the option to migrate to UK-based Blockchain.com, the companies said on Wednesday. The San Francisco-based company said it was ending its crypto services on Dec.
Capitalize on Japan’s Bullish Outlook With These ETFs
Japanese securities have been gaining momentum lately, approaching their 33-year high. Increased foreign inflow helped by improved corporate earnings and reforms in corporate governance, has played a ...
Bitcoin, gold, and silver should jump as the Fed pivots, but China’s yuan faces structural problems, Mike Novogratz says
Gold, silver, and bitcoin will benefit from a Fed pivot, Galaxy Digital's Mike Novogratz told Bloomberg TV. These assets will rise as the dollar is already starting to drop along with rates. But the ...
SoFi is exiting the crypto market — consider these alternatives for trading crypto
SoFi is transferring its customers' crypto to Blockchain.com on December 19. Consider switching to one of these crypto-investing alternatives instead.
US, European officials crack down on crypto service accused of laundering money for North Korean leaders
The US Treasury Department on Wednesday sanctioned a cryptocurrency service accused of helping launder millions of dollars for the North Korean regime.
US will be forced to curtail crypto if industry fails to act on illicit finance threats- official
The U.S. government will cut off cryptocurrency companies from the broader U.S. economy if they fail to block and report illicit money flows, Deputy Treasury Secretary Wally Adeyemo warned the ...
US slaps sanctions on crypto mixer used by N.Koreans for laundering
The United States on Wednesday slapped sanctions on a crypto mixer that it said was serving as a money laundering tool for hackers affiliated with the North Korean government.Crypto mixers are ...