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Tag: banking

Posted on 03/02/2025

Nikkei sheds over 1,000 points as markets react to Trump’s tariffs

The trend among investors in Tokyo is to lower risks by reducing their holdings and selling futures for now, a Japanese brokerage house official said.

Posted on 03/02/2025

Crypto Bears Brunt of Risk-Off Moves After Trump Unveils Tariffs

A slump in cryptocurrencies weighed heavily on some of the more speculative digital assets late Sunday in the US, a sign investors will slash risk when markets open Monday following new tariffs ...

Posted on 03/02/2025

Japanese Finance Minster: Tokyo Will Review Crypto Tax System ‘by June’

The Japanese Finance Minster Katsunobu Kato has promised Tokyo will review much-maligned crypto tax laws by the end of June this year.

Posted on 03/02/2025

SoftBank, Open AI to call on 500 firms to help build Japan AI network

SoftBank and Open AI will host a gathering of more than 500 Japanese companies in Tokyo on Monday. They will seek the participation of a wide range of industries -- from transportation and logistics ...

Posted on 03/02/2025

Trump’s Washington Embraces Crypto With Meme Coins and Black-Tie Galas

The capital is embracing the crypto crowd with President Trump’s return to office, marking a reversal of the Biden administration’s legal pursuit of companies such as FTX.

Posted on 03/02/2025

Crypto Hack Losses Drop in January Despite Major CeFi Breaches

Cryptocurrency hackers have persisted in their efforts to steal user funds, though the amount stolen in January showed a decline from the previous year, indicating a potentially positive development for the cryptocurrency industry.

Posted on 03/02/2025

Japan airports struggle to resolve relentless fuel shortage

TOKYO/CHIBA, Japan -- A jet fuel shortage that surfaced last summer in Japan appears poised to repeat this year due to a longstanding business practice.

Posted on 02/02/2025

The Fed Just Confirmed A Huge Crypto Game-Changer As Trump Sparks Bitcoin Price Crash Fears

Under Biden, bitcoin and crypto companies complained of an unofficial policy to “debank” them, cutting off basic financial services and making it impossible to operate—which became known as “Operation ...

Posted on 02/02/2025

Japan Inc. ramps up recruitment drive at Asian campuses

TOKYO/HANOI -- Japanese companies are accelerating their drive to snag overseas talent by offering corporate-sponsored classes at universities around Asia, turning abroad as dwindling domestic birth ...

Posted on 02/02/2025

Japan concerned over impact of US tariffs on Canada, Mexico, China

Japanese Finance Minister Katsunobu Kato on Sunday expressed serious concern over the potential impact of U.S. tariffs on China, Cana ...

Posted on 02/02/2025

Groundbreaking Move in Japan’s Banking Sector: Every Bank Set To Adopt XRP Next Week! Remittix Could Skyrocket!

According to recent news, Japanese banks will start using Ripple’s XRP system next week for 80% of their operations. Japanese … Continue reading ...

Posted on 02/02/2025

Japan concerned over impact of U.S. tariffs on Canada, Mexico, China

Japanese Finance Minister Katsunobu Kato on Sunday expressed serious concern over the potential impact of U.S. tariffs on China, Cana ...

Posted on 02/02/2025

Rice price rise pushes Japan to tap strategic reserves

Teikoku Databank, a research company that tracks historic changes in the cost of assembling a plate of Japan’s beloved curry rice, found that the cost of the dish hit an all-time high of ¥377 in ...

Posted on 02/02/2025

The US government stockpiling crypto would send an awful message to the world

By stockpiling bitcoin — the most popular crypto — inside the vaults of places like Fort Knox, the US government is sending a message to the world: An alternative asset is as safe as the US ...

Posted on 02/02/2025

‘Peak Japan’ is here, but it won’t last without intentional use of data

Japan is having its moment. Again. But this time it's different. From sold-out anime conventions in the U.S., Europe and Asia, to the crossover popularity of baseball's Shohei Ohtani and the explosion ...

Posted on 02/02/2025

Heavyweight hedge fund Elliott says Trump administration driving a crypto frenzy

One of the most powerful hedge funds on Wall Street has reportedly criticized the Trump administration for helping drive a frenzy around cryptocurrencies that could ultimately harm investors.

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