Asian shares are trading mixed after Wall Street’s tech superstars tumbled as a competitor from China raised doubts over the recent artificial-intelligence market frenzy.
Japanese tech stocks hit by AI fears, dollar boosted by tariff talk
Japanese tech firms sank Tuesday after a sell-off in US titans following news of China's DeepSeek chatbot, while the dollar rallied on a report saying Washington was considering universal tariffs on a ...
Pro-crypto voices highlight risks of Trump family crypto projects
Trump meme coins have reignited concerns around how prominent celebrities leverage influence for personal financial gain, one expert notes.
KuCoin Pleads Guilty in Crypto Case, Agrees to Pay $300 Million
The cryptocurrency exchange KuCoin pleaded guilty to operating an unlicensed money transmitting business and agreed to almost $300 million in fines and forfeitures, resolving a criminal case after settling similar civil claims in New York more than a year ago.
China’s DeepSeek prompts global selloff in AI-linked stocks
NEW YORK/LONDON/SINGAPORE (Reuters) -Investors sold off a host of technology stocks from Tokyo to New York on Monday as they worried that the emergence of a low-cost Chinese artificial intelligence ...
Japan’s SBI Shinsei Bank to repay $646m in bailout funds by March
TOKYO -- Japan's SBI Shinsei Bank will pay back 100 billion yen ($646 million) in government bailout funds by the end of March, Nikkei has learned, taking a key step toward its goal of relisting on ...
Pro-Crypto Policies Surge As Banks Lag—Here’s How They Can Catch Up
Explore how pro-crypto policies are evolving, why banks are playing catch-up, and key strategies to get ahead in the digital revolution.
Japan’s Nikkei down nearly 1% as tech shares stumble
Japan's Nikkei share average shed nearly 1% on Monday as technology stocks slumped following last week's rally, with investors sizing up the impact of a Chinese AI startup on U.S. tech dominance.
Sudden Fed ‘Financial Crisis’ Fear Sparks Huge Bitcoin And Crypto Price Crash Prediction
Closely-watched crypto trader Arthur Hayes has warned of a looming "financial crisis" that he expects to unleash fresh Federal Reserve stimulus ...
How Crypto Policy Could Play Out Under Trump 2.0
In addition, the SEC – under acting Chairperson Mark Uyeda – has announced the creation of a new crypto task force charged with the creation of comprehensive and clear regulatory framework for ...
Zhan Ketuan: Chinese crypto and AI mogul becomes US target
One customer for their AI chips, Haitu Technology, described Sophgo as Bitmain’s “recommended distributor” in a filing to Chinese securities regulators in late 2022. Bitmain itself does not sell its ...
Asian market mixed on Monday: Nikkei slips below 40,000, Hang Seng surges 1%
Asian markets were mixed as traders seemed cautious ahead of the monetary policy decisions from the US Fed and the European Central Bank later in the week. The Australian stock market is closed on ...
Japan’s Chip Shares Sink as DeepSeek Triggers Competition Fear
Japan’s chip-related shares including Advantest Corp. tumbled as Chinese AI startup DeepSeek gained traction, raising concern the app will threaten US’s technological leadership.Most Read from ...
How Japan’s Fuji TV failed in corporate governance: 5 things to know
TOKYO -- What started as a professional ethics issue involving a sexual misconduct scandal by a former pop idol in Japan has turned into a corporate governance disaster causing major companies to ...
Will America’s crypto frenzy end in disaster?
G et your $TRUMP now,” came the message from America’s president-elect three days before his inauguration. The commander-in-chief’s meme cryptocurrency, the aggregate val ...
Moody’s sees one more hike from Bank of Japan this year, expects terminal rate at 0.75% by end of this year
Moody's Analytics Stefan Angrick explains that imported inflation has been stickier-than-anticipated contributing to the Bank of Japan's moderate rate hike pace.