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Tag: banking

Posted on 27/11/2024

Texas Crypto Miners Must Now Register With State

New Texas legislation requires cryptocurrency miners to register with the state, with penalties of up to $25,000 per day for those in violation.

Posted on 27/11/2024

Activist investor Oasis buys 5% stake in Japan stationery maker Kokuyo

OSAKA -- Hong Kong-based activist investor Oasis Management now owns a roughly 5% stake in Japanese stationery and furniture brand Kokuyo, it was learned Wednesday, making the asset manager one ...

Posted on 27/11/2024

Japan’s Nikkei closes lower after Trump pledges fresh tariffs

Japan's Nikkei share average declined on Tuesday as the market weighed U.S. President-elect Donald Trump's pledge to impose tariffs on all imports from Canada and Mexico, along with additional tariffs on China.

Posted on 27/11/2024

Japan can become one of the biggest winners of the Trump era

The elections in both the U.S. and Japan are in the record books. And in their aftermath, there is a unique opportunity to renew and strengthen the alliance, the most important bilateral relationship for both nations.

Posted on 27/11/2024

Couche-Tard persistent on pursuing deal with Japan’s Seven & i, CEO says

Alimentation Couche-Tard CEO Alex Miller said on Tuesday the Canadian retailer would remain persistent in its efforts to pursue a deal with Japan's Seven & i and continue a "friendly approach" with ...

Posted on 26/11/2024

Japan competition authorities raid Amazon Japan, source says

Japan's Fair Trade Commission on Tuesday conducted an on-site inspection of Amazon Japan on suspicion of violating anti-monopoly laws, a government source said.

Posted on 26/11/2024

Fortress eyes Seven & i’s supermarket operations, TV Tokyo says

Fortress Investment Group is considering buying an intermediate holding company that has the Ito-Yokado supermarket chain under its wing from Seven & i Holdings , TV Tokyo said on its website on ...

Posted on 26/11/2024

Blood, Honour, and Banking: Japanese Bank’s feudal pledge against fraud

In a policy blending feudal honour with modern banking, Japan’s Shikoku Bank requires employees to sign a blood oath, pledging suicide for financial misconduct—a move sparking both awe and controversy ...

Posted on 26/11/2024

Japanese Bank Employees Vow In Blood Against Embezzlement

A bank in Japan has implemented an extraordinary policy where employees have signed a pledge in blood, promising to take their lives if found guilty of embezzling funds ...

Posted on 26/11/2024

Trading house Itochu looks to finance Seven & i management buyout

Trading house Itochu Corp. is considering helping finance the potential buyout of Seven & i Holdings Co. by its management, respondin ...

Posted on 26/11/2024

Crypto firm Prometheum gained an edge under Gary Gensler’s SEC. Suddenly its future appears less certain

F or years, the crypto industry has complained about the Securities and Exchange Commission's hardline stance, and its refusal to develop rules that account for blockchain's disti ...

Posted on 26/11/2024

Trump Crypto Project Gets $30 Million Investment From Sun

The controversial China-born crypto entrepreneur Justin Sun has invested $30 million in President-elect Donald Trump’s World Liberty Financial, making him the largest investor in the decentralized ...

Posted on 26/11/2024

Banana auction billionaire’s $30 million investment in Trump’s crypto token highlights new ways to enrich president-elect

Billionaire Justin Sun, who paid $6.2 million for a banana at auction, has invested $30 million into Donald Trump's crypto venture token.

Posted on 26/11/2024

Trump Administration to Appoint Crypto Czar: What It Means for Your Crypto Portfolio

The Trump Administration's creation of a dedicated Crypto Czar could send shockwaves through the cryptocurrency market, with insiders hinting at a massive opportunity for a specific altcoin poised to ...

Posted on 26/11/2024

Japan Inc.’s big dividend payouts set stage for year-end rally

TOKYO -- Japanese companies are on track to hand out roughly 8.2 trillion yen ($53.3 billion) in dividends to shareholders through early December, giving a likely boost to stock prices as the money ...

Posted on 26/11/2024

Bizarre bank policy: Staff signs pledge in blood to ‘commit suicide’ if they steal

The leadership of Japan's Shikoku Bank has signed a pledge in blood promising to ‘commit suicide’ if found embezzling money.

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