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Tag: banking

Posted on 12/12/2024

Trump crypto venture partners with platform linked to Middle East militants

A crypto venture recently unveiled by U.S. President-elect Donald Trump and his new Middle East envoy, billionaire Steve Witkoff, has partnered with a crypto platform that authorities and financial ...

Posted on 12/12/2024

Kraken Axes NFT Marketplace. Here’s What to Do if You Have NFTs on This Crypto Exchange

Kraken, a large US-based cryptocurrency exchange, is shuttering its NFT marketplace after launching the service about two years ago. Kraken announced the closure in late November. Kraken users have ...

Posted on 12/12/2024

Blackstone to acquire Tokyo office building from Seibu in $2.6 bln deal

Blackstone said on Thursday that it will acquire a high-end office building in central Tokyo for $2.6 billion, a deal it says is the biggest real estate investment by a foreign investor in Japan.

Posted on 12/12/2024

Coincheck Becomes First Japanese Crypto Exchange To Go Public on Nasdaq

Coincheck becomes the first Japanese crypto exchange to go public on Nasdaq. It’s only the second crypto exchange after Coinbase to go public in the ...

Posted on 12/12/2024

Japan’s Coincheck Crypto Exchange Enters Wall Street With Nasdaq Listing

Japan-based cryptocurrency exchange Coincheck started trading on the Nasdaq stock exchange Wednesday following a strategic merger with a special purpose acquisition company.

Posted on 12/12/2024

Japan plans tax hike to fund $280bn military buildup

By bno - Tokyo Office Japan is gearing up to increase taxes as early as April 2026 to finance its ambitious plan to double its defence budget to 2% of GDP. This move comes as the nation seeks to ...

Posted on 12/12/2024

Andreessen Crypto Policy Lead Quintenz in Running for CFTC Chair

Brian Quintenz has emerged as a top contender to lead the Commodity Futures Trading Commission on what could be a dramatic shift in crypto regulation under President-elect Donald Trump.

Posted on 12/12/2024

Nikkei stock index tops 40,000 in morning on tech gains

The Nikkei stock index briefly rose above 40,000 on Thursday morning for the first time in two months on firm tech shares that tracked overnight gains by their U.S. counterparts. The 225-issue Nikkei ...

Posted on 12/12/2024

Asia stocks rally on Fed cut bets; Aussie jumps on jobs data

Asian stocks gained on Thursday, tracking Wall Street's tech-led rally overnight after an as-expected reading of U.S. consumer inflation cemented bets for a Federal Reserve interest-rate cut next week ...

Posted on 12/12/2024

Asia-Pacific markets set to open higher after Nasdaq hit record highs on tame inflation data

Asia-Pacific markets were set to open higher Wednesday, following gains on Wall Street that saw the Nasdaq Composite surge to record highs after November's inflation report met expectations.

Posted on 12/12/2024

Nikkei 225 index is on the verge of a big move ahead of BoJ decision

What is the outlook of the Nikkei 225 index after remaining in a tight range in the past few days? We explain what to expect in the near term ...

Posted on 12/12/2024

Nippon Life to Buy Resolution for $8 Billion in Global Push

Nippon Life Insurance Co. agreed to buy Resolution Life Group Holdings Ltd. for about $8.2 billion, the biggest takeover by a Japanese insurer, as it seeks to expand abroad to make up for dwindling ...

Posted on 12/12/2024

Four short animated films funded and selected for Ireland’s pavilion in Expo 2025 Osaka

All short films will be produced to be screened at Ireland’s pavilion at Expo 2025 in Osaka, Japan, which is taking place from 13 April to 13 October 2025. Over the course of six months, millions of ...

Posted on 12/12/2024

Most Japan firms expect Trump presidency to harm business environment, Reuters survey shows

Nearly three-quarters of Japanese companies expect Donald Trump's next term as U.S. president to have a negative impact on their business environment, citing planned tariff hikes and U.S.-China trade ...

Posted on 12/12/2024

Pop culture backer Slash Labs brings crypto credit card to Japan

Japan will have a cryptocurrency-backed credit card, after Slash Vision Labs finalized a deal with a Japanese credit card issuer. Slash is also active in putting Japanese intellectual property onto ...

Posted on 12/12/2024

Honda cuts funding to robotaxi venture with Cruise and GM in Japan

Honda Motor Co. will stop funding a joint venture with General Motors and Cruise to launch a robotaxi service in Japan, now that GM has pulled the plug on ...

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