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Category: FINANCE

Posted on 06/06/2023

South Korea, Japan bank on improved ties to counter North Korea

The administration of South Korean President Yoon Suk Yeol has sought stronger bilateral ties following years of a frosty relationship with Japan.

Posted on 05/06/2023

Crypto and blockchain technology can be crucial tools that help keep AI from running wild, Coinbase says

Coinbase's David Duong said blockchain could help with a myriad of issues that arise with the use of AI, notably the spread of misinformation.

Posted on 05/06/2023

Exclusive: Crypto giant Binance controlled ‘independent’ U.S. affiliate’s bank accounts

A senior Binance executive was the main operator for five bank accounts belonging to the giant cryptocurrency exchange’s purportedly independent U.S. affiliate, including an account that held American ...

Posted on 05/06/2023

This SME IPO surges 100% on market debut; do you own it?

Post listing, HSIL shares opened 90% higher at ₹171 against the IPO price of ₹90 on the BSE. During the session, the SME stock touched an intraday high and low of ₹179.55 and ₹171, respectively. On ...

Posted on 05/06/2023

Japan’s Nikkei Hits New 33-Year High After U.S. Jobs Data Brighten Outlook

Investors have found plenty of reasons to buy Japanese stocks this year, and a robust U.S. jobs report was as good as any. The Nikkei Stock Average rose 2.2% to 32217.43 on Monday, closing above the ...

Posted on 05/06/2023

Japan’s Largest Bank Launches Stablecoin Platform For Banking Institutions

With the help of Progmat Coin, banks will be able to issue their own stablecoins on blockchains like Cosmos, Avalanche, Polygon and Ethereum with more networks to be added soon.

Posted on 05/06/2023

Roundup: Japan’s Nikkei hits 33-year high as Wall Street’s gains lifts sentiment

Japan's benchmark Nikkei stock index ended at a 33-year high on Monday as investor sentiment was lifted by Wall Street's gains late last week on upbeat labor data. The 225-issue Nikkei Stock Average ...

Posted on 05/06/2023

Crypto Week Ahead: Bitcoin, Ethereum See Slumps Despite Market Expectations; Market Woes May Continue

Over the past seven days, Bitcoin (BTC) price achieved a high of $28,016.59. ( Image Source : WorldSpectrum/Pixabay ) ...

Posted on 05/06/2023

Sanctioned Russian Bank Launches Cross-Border Crypto Payments Despite Ban

Rosbank said that while the initiative is already rolling out, transactions are in compliance with the country's legislative requirements, the guidelines provided by the central bank , as well as the ...

Posted on 05/06/2023

Google searches for ‘crypto’ fall to 2020 levels as BTC sentiment neutral

Search volumes for “crypto” have fallen to levels not seen since late 2020, according to Google Trends, as market sentiment has remained firmly in "neutral" territory.

Posted on 05/06/2023

Japan’s Nikkei closes at 33-year high; firm Wall Street lifts appetite

TOKYO, June 5 (Reuters) - Japan's Nikkei share average closed at its highest in 33 years on Monday as gains on Wall Street lifted risk appetite, while investors kept betting on domestic equities on ...

Posted on 05/06/2023

Japan’s Nikkei hits 32,000, reaching 33-year intraday high

Although the Nikkei average was hit by profit-taking at the end of May, it has trended above its highest level in about 33 years. Many say that the rally is driven by fading concerns over the U.S.

Posted on 05/06/2023

Japanese fintech company GIG-A brings stress-free banking to foreigners

For many foreigners in Japan, retail banking can be a real pain, an experience that many would choose to forego entirely — if they could, but they can’t. Merely opening an account can be a drag, ...

Posted on 04/06/2023

Black Executives In Crypto’s C-Suite Embody Vision Of Juneteenth

Decentralization has attracted Black professionals to crypto since 2009. Today, Black industry executives at top companies are redefining the future of money.

Posted on 04/06/2023

MUFG Joins Forces With Progmat Coin To Facilitate Japanese Bank-Backed Stablecoins

MUFG, a Japanese financial services company, has revealed that Progmat Coin would facilitate the issuance of bank-backed stablecoins ...

Posted on 04/06/2023

Japan to spend about $25bn on families to boost births

This will bring our country’s spending per child on families to the level of Sweden,' which is one of the highest among developed economies, Kishida said.

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