Nippon Steel, Japan's top steelmaker, posted on Friday 350.2 billion yen ($2.41 billion) in net profit for the year ended in March, down 36% from a year ago but beating analysts' forecasts. An LSEG ...
Japanese stocks jump, dollar firms on trade hopes; bitcoin soars
Japanese stocks jumped on Friday, supported by the dollar's surge against the yen, after a U.S. trade deal with Britain fuelled hopes of progress in tariff talks with other countries.
Celsius CEO Alex Mashinsky sentenced to 12 years in multibillion-dollar crypto fraud case
Alexander Mashinsky, the former CEO of Celsius Network, was sentenced to 12 years in prison on Thursday after pleading guilty to two counts of fraud, a dramatic fall for the leader of a company once hailed as the “bank” of the crypto industry.
Exclusive: Meta in talks to deploy stablecoins three years after giving up on landmark crypto project
The social media giant is exploring how to use stablecoins to pay content creators, among other uses, according to sources familiar with the matter.
Japan’s Megabanks to Remain Buoyed by BOJ’s Long Game to Hike Rates
Mitsubishi UFJ Financial Group Inc., Mizuho Financial Group Inc. and Sumitomo Mitsui Financial Group Inc. will detail how much the Bank of Japan’s commitment to raise borrowing costs could help profit ...
Senate vote to advance crypto bill fails after bipartisan talks stall
Democrats united against the current version of the bill as they've raised concerns over Trump’s ties to the industry.
TradeStation exec reveals surprising truth about $10 trillion crypto market cap
Regulated platforms are opening the door to institutional-grade strategies in crypto, but warns that most of the market remains limited—and overwhelmingly Bitcoin-focused.
Nissan abandons plan for EV battery plant in southern Japan, Nikkei reports
Nissan Motor has decided to abandon a plan to build a factory for electric vehicle (EV) batteries in Kitakyushu, southern Japan, only months after announcing the project, the Nikkei business daily ...
Japan’s Wage Growth Slows, Backing Case for BOJ Caution
Growth in Japan’s nominal wages slowed more than expected in March, adding to the case for the Bank of Japan to proceed cautiously with interest-rate hikes as economic risks at home and abroad ...
Japan March real wages down for third month, overtime pay falls
Japanese real wages decreased for a third consecutive month in March against the background of relentless inflation, while overtime salaries fell at the fastest pace in almost a year, government data ...
Rich Dad Poor Dad author warns of market crash amid Japanese carmakers’ exit
Robert Kiyosaki warns of economic collapse following reports of Japanese carmakers exiting the U.S. market, calling gold, silver, and Bitcoin the best defense against rising global instability.
SEC Commissioner Peirce: Trump admin interested in moving quicker on crypto
After years of tension between crypto founders and federal regulators, the pro-crypto shift in the United States led by SEC Commissioner Hester Peirce is accelerating. And this time, it’s coming with support from the top.
Va. man convicted of sending thousands of dollars in crypto to ISIS
A Virginia man has been sentenced spend more than 30 years in prison for a crypto scheme that poured thousands of dollars into the hands of ISIS.
BlackRock-Backed Securitize Raises Strategic Funding From Jump Crypto
As tokenization of real-world assets explodes, two blockchain-focused companies are expanding institutional access.
Trump Got So Greedy He Might Mess Up Crypto’s Plan in Congress
Trump’s $2 billion deal in Dubai last week could ruin the investment the industry put into his administration to get friendly legislation.
Tokyo stocks climb on strong chip issues, hopes for tariff talks
Tokyo stocks climbed Thursday, boosted by gains in semiconductor-related shares and buying supported by hopes for progress in tariff ...