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Tag: banking

Posted on 16/07/2025

Conflicted? New report exposes Trump’s crypto connections

Donald Trump has made it clear he wants Republicans on the hill to rubber stamp the crypto bills on Capitol Hill this week - so why are some in the GOP holding it up? Plus - according to new reporting from Bloomberg,

Posted on 16/07/2025

Japan’s Nikkei ends flat as election, tariff worries overshadow chip stocks’ gains

Japan's Nikkei ended flat due to concerns over upper house elections and uncertain trade talks with the U.S., overshadowing gains in chip-related stocks. Investors are cautious, awaiting election ...

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.

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