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Category: FINANCE

Posted on 26/05/2023

Toyota May Lead Transition Finance in Japan’s Auto Industry

Toyota Motor Corp. is willing to use transition financing for hybrid vehicles, which may lay the groundwork for more such automakers to follow as the government pushes to boost investment in greener ...

Posted on 26/05/2023

Elon Musk Issued A Stark Crypto Warning After $2 Trillion Bitcoin, Ethereum And Crypto Price Crash

Elon Musk, who helped fan the flames of the huge 2021 bitcoin and crypto bull run, has said he wouldn't advise "anyone to buy ...

Posted on 25/05/2023

IRS to Send Cyber Attachés Abroad to Fight Crypto Crime

The Internal Revenue Service (IRS) is launching a four-month pilot program this June to fight global cyber-crime using crypto, particularly for tax evasion ...

Posted on 25/05/2023

Bitcoin’s ‘Ichimokou Cloud’ Suggests Deeper Drop Toward $24K: Technical Analysis

Ichimoku Cloud, created by Japanese journalist Goichi Hosada in the 1960s, is widely used to gauge momentum and trend strength.

Posted on 25/05/2023

Blockchain.com CEO says US default would hit crypto initially

A U.S. government default would trigger an initial pull-back from crypto currencies followed by a "push upward" the CEO of London-based crypto firm Blockchain.com said on Thursday. The U.S. government ...

Posted on 25/05/2023

Japan raises view on economy for 1st time since July 2022

TOKYO, May 25 (Reuters) - Japan's government raised its overall view of the economy ... Businesscategory India's Ola Electric aims for IPO by 2023-end, hires Goldman, Kotak - source 8:48 AM UTC.

Posted on 25/05/2023

Japan’s Nikkei recoups losses on chipmakers boost, foreign inflows

TOKYO, May 25 (Reuters) - Japan's Nikkei share average clawed back lost ground ... an eight straight week of inflows, Finance Ministry data showed. "Foreign investors are buying Japanese equities ...

Posted on 25/05/2023

Cryptocurrency roundup for May 25: Japan Embraces ‘Travel Rule’ to Fortify Anti-Money Laundering Measures and more.

A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day. Unprecedented Decline in Crypto Attacks: A Deep Dive into Q1 2023 ...

Posted on 25/05/2023

Japan’s long-suffering stock market is back. This boom may have ‘staying power’

So far this year, the benchmark Topix has jumped almost 14%, and the Nikkei 225 (N225), which tracks Japan’s blue-chip companies, has leapt nearly 17%. The indexes have outpaced the United States’ S&P ...

Posted on 25/05/2023

Mapletree Industrial Trust buys Osaka data centre for $507.9m, to raise $200m via new units

The Osaka property sits on around 45,280 square feet (sq ft ... said the manager. The trust intends to finance the total acquisition outlay of about 51.8 billion yen through a combination of debt and ...

Posted on 25/05/2023

Japan’s Nikkei recovers after two-day skid on chip-sector optimism, foreign inflows

TOKYO, May 25 (Reuters) - Japan’s Nikkei share average rallied after a two-day ... rising from 808.9 billion yen the week before, Finance Ministry data showed. “Foreign investors are buying Japanese ...

Posted on 25/05/2023

Asia markets set to fall ahead of Bank of Korea decision, Hong Kong stocks at two-month low

Asia-Pacific markets are set for another day of losses ahead of the Bank of Korea's rate decision announcement later today. South Korea, which was one of the first Asian banks to pause its rate hikes, ...

Posted on 25/05/2023

A $518 Billion Rally Shows Japan Stocks Are All the Rage in 2023

Japan’s market value has surged about $518 billion since a Jan. 5 low, data compiled by Bloomberg show. Japan equity funds lured $800 million in the week ended May 10, the most in seven weeks ...

Posted on 25/05/2023

Japan strengthens stance on crypto regulation with new anti-money laundering measures

Originally designed for conventional financial institutions, the rule has since been expanded to cover virtual asset service providers, reflecting the increasingly digitized nature of global finance.

Posted on 25/05/2023

Coinbase: Crypto Firms Have to Wait for ‘the Government to Sue Them’ to Get Regulatory Clarity

In general, the SEC has exhorted the public to exercise caution with crypto investments, and has highlighted the high risk and volatility associated with the industry. In March, it pointed out that ...

Posted on 24/05/2023

Japan to Enforce Tougher Crypto Anti-Money Laundering Laws Next Month: Report

Earlier this month, global financial crimes watchdog FATF urged G-7 economies like Japan to lead by example to implement its controversial "travel rule" for crypto transfers.

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