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Tag: banking

Posted on 23/01/2025

Hang Seng Index and Nikkei Climb While ASX 200 Slumps on Tariff Woes

PBoC’s policy easing spurs Chinese equity gains, lifting the Shanghai Composite and CSI 300. Buyback loans aim to counter US tariff concerns.

Posted on 23/01/2025

Japan’s 2024 Trade Surplus With US Towers Over 2017-2020 Levels

Japan’s trade surplus with the US last year far surpassed its average levels during President Donald Trump’s first term, risking his ire as the president mulls tariff plans across the world.

Posted on 23/01/2025

Brian Moynihan says big banks like BofA may have to adopt crypto payments, leading one wealth advisor to predict Bitcoin will hit $130K this year

Bitcoin could be propelled to a valuation of $130,000 in 2025 according to one wealth advisor, buoyed by positive sentiments from CEOs like Brian Moynihan.

Posted on 23/01/2025

‘Hope is not a strategy:’ Sell-off risk looms over crypto amid lack of policy announcements from Trump

On Polymarket, the odds of a strategic reserve being created within Trump's first 100 days have fallen from 48% on Monday to 29% on Wednesday.

Posted on 23/01/2025

Nikkei Up 0.3%, Led by Tech, Electronics Stocks

Japanese stocks are higher as a weaker yen raises hopes for domestic earnings growth. Tech, electronics, and machinery shares are leading the gains. SoftBank Group is up 3.8%, Advantest is 3.2% higher ...

Posted on 23/01/2025

Asian shares helped by China uplift, Trump’s tariff plan hangs in air

The big moves in Chinese stocks helped lift MSCI's broadest index of Asia-Pacific shares outside Japan up 0.11 per cent, reversing its losses from earlier in the sesion ...

Posted on 23/01/2025

Japan’s Exports Rise as Companies Brace for Trump Tariff Impact

Japan’s exports rose for a third month in December on the back of a weaker yen, as businesses waited for further clarity on likely US trade policy in President Donald Trump’s second term.

Posted on 23/01/2025

Blackrock CEO Calls Crypto a ‘Currency of Fear’ (Complimentary)

Fink was sharing the stage with Peng Xiao, the CEO of AI company G42, who interjected with “to some extent” on Fink’s contention that fear drives bitcoin. But Fink just doubled down on the idea that it was “okay” for bitcoin’s fortunes to rely on fear.

Posted on 23/01/2025

Nikkei May Rise as Weaker Yen Raises Earnings Hopes

Japanese stocks may rise as a weaker yen raises hopes for domestic earnings growth. Nikkei futures are up 0.7% at 39815 on the SGX. USD/JPY is at 156.47, compared with 155.88 as of Wednesday’s Tokyo ...

Posted on 23/01/2025

Japan’s Exports Rise as World Waits for Trump Tariffs Impact

Japan’s exports rose for a third month in December on the back of a weaker yen, as businesses waited for further clarity on likely US trade policy in President Donald Trump’s second term.

Posted on 23/01/2025

Japan’s Exports Rose More Than Expected in December

Exports increased more than expected in December thanks to demand for chip-making machines and electronic parts.

Posted on 23/01/2025

Bank of Japan Expected to Raise Interest Rates by Most in 18 Years

The Bank of Japan is widely expected to raise its benchmark rate Friday by the most in 18 years, in a show of boosted confidence over the sustainability of inflation as it progresses down its ...

Posted on 23/01/2025

AngelList, CoinList partner to help crypto startups raise and manage funds

Crypto is making such a big comeback that AngelList and CoinList are launching a way to help raise capital for crypto-specific founders using crypto

Posted on 23/01/2025

Warren Buffett’s Berkshire Hathaway takes a sip of the crypto ‘rat poison’ he once said he would never go near

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Posted on 23/01/2025

Fresh Off Launching a Memecoin, Trump Tells SEC to Create Crypto Regulations

The SEC’s statement regarding the commission doesn’t really provide much insight into what it will seek to do, other than “provide clarity” on the rules regulating the crypto industry. It will likely ...

Posted on 23/01/2025

Crypto industry celebrates after Trump pardons Silk Road creator Ross Ulbricht

The move fulfilled a long-sought dream of the overlapping libertarian and crypto communities, who Trump courted on the campaign trail last year. "I just called the mother of Ross ...

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