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Tag: banking

Posted on 30/03/2024

Japanese authorities raid a factory making health supplements linked to 5 deaths

Japanese government health officials raided a factory Saturday producing health supplements that they say have killed at least five people and hospitalized more than 100 others. About a dozen people ...

Posted on 30/03/2024

One Network, based in Dallas, to be acquired for $839M by Blue Yonder

Blue Yonder, a Scottsdale-based digital supply chain provider, has agreed to acquire One Network Enterprises for $839 million.

Posted on 30/03/2024

Blue Yonder agrees to acquire One Network Enterprises for $839 million

Blue Yonder, a Scottsdale-based digital supply chain provider, has agreed to acquire One Network Enterprises for $839 million.

Posted on 30/03/2024

Fake crypto bot scammer allegedly told investors, ‘Poof, you’re a millionaire’

The FBI says the scammer conned investors out of $1.5 million to build a crypto trading bot that never materialized.

Posted on 30/03/2024

Investment firm goes short on MicroStrategy, calling bitcoin premium ‘unjustifiable’

In a note to investors, Kerrisdale Capital pointed out that new bitcoin ETF products could be a better way to achieve crypto exposure.

Posted on 30/03/2024

Earned money from crypto or NFTs? 5 times you need to report it to the IRS, according to a CPA

When filing your taxes, one of the first questions asks if you've interacted with digital assets throughout the year. How to answer it according to a CPA.

Posted on 30/03/2024

Crypto’s most famous criminal got 25 years. So why are people upset?

Start with Fox Business host Charles Payne who tweeted "hell no" to the question of whether 25 years was enough. This led GOP Senate candidate John Deaton to endorse Payne's comment and say ...

Posted on 30/03/2024

Economic impact of 2025 Expo raised to $19b

The Japanese government said Friday it now estimates the economic impact of the 2025 World Expo to reach about 2.9 trillion yen ($19 billion), ...

Posted on 29/03/2024

Crypto analyst argues for privacy in financial transactions

During a recent conversation, a blockchain analyst with Zano explained why private digital transactions shouldn't be linked to criminality.

Posted on 29/03/2024

5 dead and over 100 hospitalised from recalled Japanese health supplements

Kobayashi Pharmaceutical had been selling benikoji products for years, with a million packages sold over the past three fiscal years, but a problem crept up with the supplements produced in 2023.

Posted on 29/03/2024

Japan Ends Its Negative Interest Rate Policy

After many years of low and negative interest rates, the Bank of Japan has changed course, creating opportunities for Japanese investors and implications for global markets.

Posted on 29/03/2024

Japan has no ‘defensive line’ against yen’s fall, says finance chief

Japan has no specific "defensive line" at which it will intervene in the market to stem the yen's slide, the finance minister said Friday, amid speculation the government will act if the currency ...

Posted on 29/03/2024

Japan’s Nikkei posts biggest point gain on record for fiscal year

Japan's Nikkei share average logged the biggest rise ever on an absolute basis for the fiscal year ended on Friday, rallying 12,328 points. The index hit successive record highs this quarter, after ...

Posted on 29/03/2024

Japan’s industrial output slips 0.1% in February, retail sales exceed forecasts

Investors assessed mixed economic data in Japan for February, with a surprise increase in the unemployment rate and a decline in industrial production, while retail sales rose more than expected.

Posted on 29/03/2024

Nikkei stock index finishes up 44% in FY 2023

TOKYO (Kyodo) -- Tokyo stocks ended higher on the final day of Japan's 2023 fiscal year on Friday, with the Nikkei marking a 44 percent increase from the previous year, boosted by a weaker yen that ...

Posted on 29/03/2024

Fallen ‘Crypto King’ Sam Bankman-Fried gets 25 years for fraud

Sam Bankman-Fried, co-founder of the failed crypto exchange FTX, has been sentenced to 25 years in prison for defrauding customers and investors of his now-bankrupt firm. The ruling cements the ...

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