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Tag: banking

Posted on 04/04/2024

Japan Exits Negative Rates, Nikkei 225 Rallies

Japan's first rate hike in 17 years ends its eight-year experiment with negative rates, rallying the stock market while weighing on the yen.

Posted on 04/04/2024

Japan’s northeastern region jolted by M6.0 quake, no tsunami warning

according to the Japan Meteorological Agency. The focus of the quake was located off the coast of Fukushima Prefecture, about 40 kilometers underground. Nikkei stock index briefly rises 2% on ...

Posted on 04/04/2024

Why even a historic Bank of Japan rate hike has failed to save the yen

Japan’s first interest rate hike in 17 years has failed to deliver the boost to the yen that policymakers had hoped for, with strategists pointing to four key reasons for the currency to remain weak ...

Posted on 04/04/2024

Citigroup Sees ‘Exciting Market’ for Japan Bonds After BOJ Move

Citigroup Inc. is betting that Japan’s bond market revival will gather steam, drawing talent back and rewarding the Wall Street lender’s push to expand its debt business after the central bank ...

Posted on 04/04/2024

Hokkoku Bank Unveils Tochika: Japan’s First Deposit-Backed Stablecoin Takes Fintech by Storm!

Hokkoku Bank has launched Tochika, Japan's first deposit-backed stablecoin and this could be a new breaking ground.

Posted on 04/04/2024

Stablecoins And Crypto Are The First Line Of Defense Against Financial Deplatforming

Here's why crypto adoption is crucial to protect yourself, and how people in extreme situations turn to it for survival.

Posted on 04/04/2024

OneCoin Executive Gets Four Years Over $4 Billion Crypto Scam

The legal and compliance head for phony cryptocurrency OneCoin was sentenced to four years in prison for her role in the $4 billion fraud scheme, becoming the latest scam participant to end up behind ...

Posted on 04/04/2024

‘We’re not believers’: Goldman Sachs doubles down on crypto skepticism despite Wall Street embracing Bitcoin ETFs

Rahmani, chief investment officer of Goldman Sachs Wealth Management, told the Wall Street Journal in an interview this week that despite all the recent hype around Bitcoin ETFs her firm isn't buying ...

Posted on 04/04/2024

Reports emerge about crypto’s role in the global arms trade as Treasury’s Wally Adeyemo is poised to address illicit finance

A recent report from the Wall Street Journal highlighted crypto's role in global arms dealing, just as Deputy Treasury Secretary Wally Adeyemo is poised to testify before the Senate Banking Committee.

Posted on 04/04/2024

A European FinTech Hub Prepares to Get Tough on Crypto Companies

Lithuania, which established itself as a hub for financial-technology startups over the past decade, will weed out many of the crypto companies operating there when it starts awarding licenses next ...

Posted on 04/04/2024

Reddit’s IPO could be a bellwether for other offerings this year, says Vanderbilt professor

Reddit’s impending IPO could be a trailblazer for other public offerings in 2024, says Josh White, assistant professor of finance at Vanderbilt University. “My sense is that the Reddit IPO ...

Posted on 04/04/2024

Japan, U.S., Philippines to form defence network against cyberattacks, Nikkei says

TOKYO (Reuters) - Leaders from Japan, the U.S. and the Philippines are set to agree on forming a defence network against cyberattacks by sharing information and expertise when they meet for a summit ...

Posted on 04/04/2024

Jimmy Kimmel Finds US ‘Filthy And Disgusting’ After Staying In Japan For A Week

Jimmy Kimmel, the host of ABC’s “Jimmy Kimmel Live,” recently returned from a family trip to Japan and made controversial comments about the state of the U.S. upon his return. What Happened: Kimmel, ...

Posted on 04/04/2024

5 Best Cheap Crypto to Buy Now Under 1 Dollar April 3

To optimize your wallet, focus on tokens priced below $1. Explore promising options to enter the market at a more accessible cost.

Posted on 04/04/2024

Japan’s Nikkei drops 1% on Uniqlo owner tumble, Wall Street slide

By Kevin Buckland TOKYO, April 3 (Reuters) - Japan's Nikkei share average dropped 1% on Wednesday, weighed down by a fall in heavyweight Fast Retailing, owner of the Uniqlo store chain, and overnight ...

Posted on 03/04/2024

Why FOMO Is a Bad Reason to Invest in Bitcoin, Meme Stocks, or Anything

Especially if you have friends who post on social media about their latest big investment moves, or if you read financial news media, "fear of missing out" (FOMO) can be a powerful feeling.But don't ...

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