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Category: FINANCE

Posted on 29/10/2023

Japan’s Nikkei rebounds, chip stocks lead recovery

Japan's Nikkei share average recovered on Friday after suffering its worst drop in three weeks in the previous session, with chip-related stocks leading the recovery.The Nikkei rose 1.27% to close at ...

Posted on 29/10/2023

Is Crypto Financing Terrorism?

A report that terror groups raised more than $130 million in crypto during recent years has set off a debate in Washington and finance circles.

Posted on 29/10/2023

US Treasury warns crypto firms not to fund Hamas during the Israel war

U.S. officials are urging cryptocurrency firms to enhance their security measures to prevent terrorists from utilizing their platforms. This action follows concerns that Hamas may have employed cryptocurrency for funding its attack on Israel.

Posted on 29/10/2023

Cathie Wood Dumps Over $6M Grayscale Bitcoin Fund This Week As Bitcoin Rallies About 14%, While Amassing $12.4M Worth Of This Crypto-linked Stock

Ark Invest sold more Grayscale Bitcoin Trust (OTC:GBTC) units on Friday, as the fund recovered this week amid a rally in its underlying asset

Posted on 29/10/2023

Japan firms should not ‘miss bus’ on India, commerce chief says

India's vast economic potential has much to offer Japanese companies that move quickly to invest in the market, Indian Commerce and Industry Minister Piyush Goyal told Nikkei. "I do hope Japanese ...

Posted on 28/10/2023

Kokusai Electric shares jump 28% in Tokyo debut

Kokusai Electric shares jumped 28% in their Tokyo market debut on Wednesday after private equity firm KKR sold shares in the chip equipment maker for $724 million in Japan's largest initial public ...

Posted on 28/10/2023

India, UK trade ministers review progress of talks on proposed FTA

The progress was reviewed by Commerce and Industry Minister Piyush Goyal and UK Secretary of State for Business and Trade Kemi Badenoch in Osaka, Japan.

Posted on 28/10/2023

Crypto Unicorn Expects India to Lower Tax That Crushed Trading

A tax that pulverized digital-asset trading in India has proved counterproductive and ought to be lowered, according to CoinDCX, a domestic exchange that was valued at over $2 billion before the levy was imposed.

Posted on 28/10/2023

Crypto option interest hits $20 billion with institutional surge

Open interest in bitcoin and ether options is hitting peak levels from bitcoin’s all-time price high of $66,000.

Posted on 28/10/2023

Japan business lobby to urge Boj to achieve ‘moderate’ inflation: Nikkei

Japan's business lobby, Keidanren, will urge member firms to consider raising base salaries next year and is calling on the central bank to achieve "m ...

Posted on 28/10/2023

Japan stocks higher at close of trade; Nikkei 225 up 1.38%

Japan stocks were higher after the close on Friday, as gains in the Transportation Equipment, Chemical, Petroleum & Plastic and Shipbuilding sectors led shares higher. At the close in Tokyo, the ...

Posted on 28/10/2023

Will Bitcoin Reach $1M? Former Bitmex CEO Believes ‘This Is The Trigger’

Bitcoin (CRYPTO: BTC) might hit a $1 million price tag amid escalating geopolitical tensions and persistent inflation, says former BitMEX CEO Arthur Hayes.

Posted on 28/10/2023

Japan weighs spending of $33 billion on measures to fight inflation -sources

A woman looks at items at a shop in Tokyo, Japan, March 24, 2023. REUTERS/Androniki Christodoulou/File photo ...

Posted on 28/10/2023

Crypto option interest hits $20 billion ‘historic’ highs with institutional surge

Open interest in bitcoin and ether options is hitting peak levels from bitcoin’s all-time price high of $66,000.

Posted on 28/10/2023

Crypto Legislation May Still Have Life In Congress

The House's and Senate's differing priorities has stalled most crypto legislation, but sponsors see the annual defense policy bill as a possible avenue for some measures.

Posted on 27/10/2023

Powerchip, SBI to build chip plant in northern Japan -Nikkei

Powerchip Semiconductor Manufacturing plans to build a chip plant in northern Japan's Miyagi prefecture in cooperation with SBI Holdings with an initial investment of about 400 billion yen ($2.67 billion),

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