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Tag: banking

Posted on 16/07/2025

China hands 3-1/2-year prison sentence to Astellas’ Japanese employee, Nikkei says

A Beijing court on Wednesday sentenced a Japanese employee of Astellas Pharma to 3-1/2 years in prison, the Nikkei newspaper reported, citing the Japanese ambassador to China. The man had been ...

Posted on 16/07/2025

Foreign visitors to Japan exceed 21m in first half of 2025

TOKYO -- The number of foreign visitors to Japan hit a record 21.5 million during the first six months of the year, though those from Hong Kong dropped by a third in June due to rumors about an ...

Posted on 16/07/2025

China jails Japan’s Astellas Pharma employee for 3.5 years for spying

TOKYO -- A Japanese employee of Astellas Pharma was convicted of espionage on Wednesday and sentenced to three and a half years in prison by a Chinese court, in a judgment likely to further strain ...

Posted on 16/07/2025

Citi to boost Japan investment banking headcount up to 15%, executive says

Citigroup plans to raise its investment banking headcount in Japan by 10% to 15% over the next year and make new hires in Australia, as part of its strategy to bolster growth in the Asia Pacific, its ...

Posted on 16/07/2025

Japan bond market blows out as election angst grips investors

By Kevin Buckland and Rocky Swift TOKYO (Reuters) -Investors in Japanese government bonds are bracing for a potential power shift in upper house elections this weekend that could strain the country's ...

Posted on 16/07/2025

Asian markets open: Nikkei flat, Kospi drops 0.5% after US House blocks crypto bills

Asian markets mostly opened lower Wednesday after US crypto bills stalled in the House. Asian chip stocks (TSMC +0.9%, Advantest +0.73%) rallied after the US lifted some export curbs to China. Bitcoin ...

Posted on 16/07/2025

Trump says he has deal on crypto bill after GOP hard-liners derailed measure earlier

After an earlier setback for the Trump administration when House Republicans failed to advance a key procedural vote on a package of legislation including three crypto measures, President Donald Trump ...

Posted on 16/07/2025

Japan bond yields jump on fiscal fears ahead of upper house vote

Yields on benchmark 10-year Japanese government bonds (JGBs) rose to 1.595% on Tuesday, their highest level in about 17 years. 20-year JGB yields rose to 2.650%, their highest in some 25 years.

Posted on 16/07/2025

Tokyo Finance Standalone June 2025 Net Sales at Rs 0.21 crore, up 1.18% Y-o-Y

Quarterly Net Profit at Rs. 0.03 crore in June 2025 down 60.61% from Rs. 0.08 crore in June 2024. EBITDA stands at Rs. 0.03 crore in June 2025 down 62.5% from Rs. 0.08 crore in June 2024.

Posted on 16/07/2025

Republicans declared it ‘crypto’ week in the House. It’s not going as planned

A trio of cryptocurrency bills that had been expected to pass the House this week stalled on Tuesday after a bloc of Republicans unexpectedly joined with Democrats to prevent the legislation from ...

Posted on 16/07/2025

Fidelity becomes the biggest shareholder in Japan-based Bitcoin treasury company Metaplanet

Popular investment firm Fidelity has become the largest shareholder of Japan-based Bitcoin treasury company Metaplanet. The company CEO, Simon Gerovich, disclosed this today on X, noting that the firm ...

Posted on 16/07/2025

Crypto Mixer Co-Founder on Trial as Trump Embraces Digital Assets

While President Donald Trump’s administration has dropped or rolled-back several high-profile actions against the US digital asset industry, the ongoing case involving crypto mixer Tornado Cash is a ...

Posted on 16/07/2025

Tornado Cash was a ‘giant washing machine’ for North Korea’s dirty crypto, feds tell Roman Storm jury

A Seattle software engineer is on trial for developing what prosecutors say was the crypto-laundering tool of choice for the world's biggest hackers.

Posted on 16/07/2025

‘Crypto week’ collapses as house GOP fails key vote

A key procedural vote fails in the U.S. House, halting progress on several crypto-related bills as bipartisan pushback stalls industry hopes.

Posted on 16/07/2025

Trump’s Big Crypto Bills Blocked By House Republicans — Here’s Why.

Earlier Tuesday, Trump urged the House to “get the first Vote done this afternoon” and told “ALL REPUBLICANS” to “VOTE YES” in a post on Truth Social, acknowledging what Republicans have dubbed as ...

Posted on 16/07/2025

House GOP hard-liners defy Trump, Speaker Johnson by crippling crypto measures

In a crippling setback for the Trump administration, House Republicans failed to advance a key procedural vote on a package of legislation including three crypto measures -- a top priority for ...

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