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Tag: crypto

Posted on 06/03/2025

Japan’s Seven & i sells retail business to Bain Capital for $5.4 billion, plans IPO

Japan's Seven & I, the parent company of the Japanese 7-Eleven convenience store chain, says it is selling its supermarket store assets to Bain Capital for about $5.4 billion.

Posted on 06/03/2025

Japan’s largest union group says average 6.09% wage hike sought for 2025

Japan's largest labour union group Rengo said on Thursday its member unions are seeking an average wage hike of 6.09% for this year, outpacing last year's demand, which resulted in the highest wage ...

Posted on 06/03/2025

Japan’s 10-year bond yield hits nearly 16-year high after sell-off in German bonds

"The 10-year JGB yield rose to above 1.4% on expectations that the Bank of Japan would raise interest rates further. Today it got an additional boost from the sell-off of German bonds," said ...

Posted on 06/03/2025

Japan’s Seven & i announces restructuring, new CEO to fend off $47 billion takeover bid

Seven & i Holdings, the Japanese operator of the 7-Eleven convenience store chain, appointed its first foreign CEO and handed him the task of overhauling its business to fend off a $47 billion ...

Posted on 06/03/2025

7-Eleven owner plans IPO of U.S. convenience store subsidiary

TOKYO -- Seven & i Holdings has decided to hold an initial public offering of its wholly owned U.S. convenience store subsidiary, 7-Eleven Inc. (SEI), after 2026, Nikkei has learned.

Posted on 06/03/2025

Japan’s Seven & i set to announce new CEO and restructuring plan, say sources

Seven & I Holdings, the Japanese operator of the 7-Eleven convenience store chain, is expected to announce on Thursday a change of CEO and plans to restructure its business, sources said, in the face ...

Posted on 06/03/2025

Tokyo braces for Trump trade war fallout — Suntory and Sony scramble to build up US supplies

US president Donald Trump stated Monday that "Japan, China, and other places are killing their currency," calling the practice "unfair" and fueling concern ...

Posted on 06/03/2025

Japan’s 10-year bond yield reaches highest since June 2009

JAPAN’S 10-year government bond yield reaches its highest since June 2009 at 1.5 per cent as German bunds suffered their worst sell-off since the months following the fall of the Berlin Wall. Read ...

Posted on 06/03/2025

Japan’s top currency diplomat calls for balance between economic efficiency, security

JAPAN’S top currency diplomat Atsushi Mimura on Thursday called for balance between economic efficiency and economic security amid increasing global protectionism, including higher tariffs. Read more ...

Posted on 06/03/2025

South Korea inches closer to Bitcoin ETF decision, looks to Japan as example

South Korea is reportedly inching closer to a decision on spot Bitcoin ETFs while eyeing the recent shift in tone toward digital assets in Japan.

Posted on 06/03/2025

‘Regulatory clarity we haven’t seen in 10 years’—ABC Labs CEO on SEC dropping crypto cases

Regulatory shifts, including dropped SEC lawsuits and the repeal of SAB 121, are paving the way for greater crypto adoption by traditional financial institutions, says ABC Labs CEO Thomas Mattimore.

Posted on 06/03/2025

Japan rejects Trump’s claim that Tokyo devalues yen

It is not that there have never been discrepancies between what (Trump) said yesterday and today,’ says Japanese prime minister - Anadolu Ajansı ...

Posted on 06/03/2025

The SEC’s ‘Crypto Mom’ defends decision to drop lawsuits: ‘Our law is not supposed to be a game of gotcha’

In an interview with Fortune, Republican SEC commissioner and so-called 'Crypto Mom’ Hester Peirce touted the agency’s new approach to overseeing the blockchain industry, incl

Posted on 05/03/2025

Trump’s Crypto Advisers Weigh Paths to a National Stockpile

The president wants to build a federal cryptocurrency reserve. His subordinates are starting by counting up crypto the government already holds.

Posted on 05/03/2025

Metaplanet stock jumps 19% as it buys the dip with 497 Bitcoin purchase

Metaplanet CEO Simon Gerovich said in a March 5 X post that the firm bought 497 Bitcoin ( BTC) at around $88,448 per coin for a total spend of $43.9 million. He added the company has achieved a ...

Posted on 05/03/2025

Bank of Japan deputy governor Uchida vows to keep raising interest rates

SHIZUOKA - Bank of Japan (BOJ) Deputy Governor Shinichi Uchida said the central bank can proceed with interest rate hikes at a pace in line with market expectations, keeping alive views that there is ...

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