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Tag: banking

Posted on 10/05/2025

The blunt reality of Trump’s ‘brazen’ crypto conflicts

Washington is in knots over President Donald Trump’s deepening ties to the wild and lucrative world of crypto.

Posted on 10/05/2025

Japan’s SMBC to take 20% stake in India’s Yes Bank

MUMBAI (Reuters) -Japanese lender Sumitomo Mitsui Banking Corporation (SMBC) has a agreed to acquire a 20% stake in Indian private lender Yes Bank in what would be the largest cross-border merger and ...

Posted on 10/05/2025

Beijing Central Axis Exhibition Opens During Beijing Week at Expo 2025 Osaka

Beijing Week at Expo 2025 Osaka officially commenced, with the Beijing Central Axis Exhibition offering visitors a unique lens into the cultural legacy of the ancient capital.

Posted on 09/05/2025

Crypto bettors like songs about saunas: Sweden’s KAJ leads Eurovision 2025 betting

With Eurovision 2025 semi-finals set for May 13 and 15 in Switzerland, leading crypto sportsbook Cloudbet reports Sweden's KAJ has emerged as the market leader. The meme-driven entry “Bara Bada Bastu” is currently trading at odds of 2.12 in Cloudbet’s outright winner market.

Posted on 09/05/2025

Japan’s Exports Dip As Trump Tariff Threats Loom, Lutnick Signals Trade Deal Delay

Japan’s exports reportedly slowed down in the first 20 days of April amid a stronger yen, while U.S. tariffs on Japanese goods, from steel to cars, also came into effect. Exports measured by value ...

Posted on 09/05/2025

Stocks jump in Japan, Taiwan on trade optimism; bitcoin soars

By Kevin Buckland TOKYO (Reuters) -Stocks surged in Japan and Taiwan on Friday after a U.S. trade deal with Britain fuelled guarded optimism for progress in tariff talks with other countries. Bitcoin ...

Posted on 09/05/2025

How Telecom Giants Are Turning to Blockchain, Not for Crypto, But to Stop Losing Millions

Telecom taps blockchain to eliminate billing disputes, as SAGE pioneers real-world crypto utility in infrastructure.

Posted on 09/05/2025

Virginia man sentenced to 30 years in ISIS crypto scheme

A Virginia resident has been sentenced to more than 30 years in prison for providing material and financial support to the Islamic State of Iraq and al-Sham, known as ISIS, the Justice Department announced Thursday.

Posted on 09/05/2025

Japan’s Nippon Steel annual profit down 36%, beats forecasts

Nippon Steel, Japan's top steelmaker, posted on Friday 350.2 billion yen ($2.41 billion) in net profit for the year ended in March, down 36% from a year ago but beating analysts' forecasts. An LSEG ...

Posted on 09/05/2025

Japanese stocks jump, dollar firms on trade hopes; bitcoin soars

Japanese stocks jumped on Friday, supported by the dollar's surge against the yen, after a U.S. trade deal with Britain fuelled hopes of progress in tariff talks with other countries.

Posted on 09/05/2025

Celsius CEO Alex Mashinsky sentenced to 12 years in multibillion-dollar crypto fraud case

Alexander Mashinsky, the former CEO of Celsius Network, was sentenced to 12 years in prison on Thursday after pleading guilty to two counts of fraud, a dramatic fall for the leader of a company once hailed as the “bank” of the crypto industry.

Posted on 09/05/2025

Exclusive: Meta in talks to deploy stablecoins three years after giving up on landmark crypto project

The social media giant is exploring how to use stablecoins to pay content creators, among other uses, according to sources familiar with the matter.

Posted on 09/05/2025

Japan’s Megabanks to Remain Buoyed by BOJ’s Long Game to Hike Rates

Mitsubishi UFJ Financial Group Inc., Mizuho Financial Group Inc. and Sumitomo Mitsui Financial Group Inc. will detail how much the Bank of Japan’s commitment to raise borrowing costs could help profit ...

Posted on 09/05/2025

Senate vote to advance crypto bill fails after bipartisan talks stall

Democrats united against the current version of the bill as they've raised concerns over Trump’s ties to the industry.

Posted on 09/05/2025

TradeStation exec reveals surprising truth about $10 trillion crypto market cap

Regulated platforms are opening the door to institutional-grade strategies in crypto, but warns that most of the market remains limited—and overwhelmingly Bitcoin-focused.

Posted on 09/05/2025

Nissan abandons plan for EV battery plant in southern Japan, Nikkei reports

Nissan Motor has decided to abandon a plan to build a factory for electric vehicle (EV) batteries in Kitakyushu, southern Japan, only months after announcing the project, the Nikkei business daily ...

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