Japanese electronics giant Panasonic, Tesla’s (TSLA) original battery supplier and one of its largest, announced today that it will lay off almost 5% of its workforce: 5,000 workers domestically and 5 ...
A Crypto Billionaire With a Side Hustle as POTUS
Crypto is a conduit for the self-interest that has defined Trump’s entire political career—an M.O. that has consistently blurred the boundary between public and private, country and party. For the most part, Trump has especially been good to those who line his pockets, rewarding them with all kinds of preferential treatment.
The blunt reality of Trump’s ‘brazen’ crypto conflicts
Washington is in knots over President Donald Trump’s deepening ties to the wild and lucrative world of crypto.
Japan’s SMBC to take 20% stake in India’s Yes Bank
MUMBAI (Reuters) -Japanese lender Sumitomo Mitsui Banking Corporation (SMBC) has a agreed to acquire a 20% stake in Indian private lender Yes Bank in what would be the largest cross-border merger and ...
Beijing Central Axis Exhibition Opens During Beijing Week at Expo 2025 Osaka
Beijing Week at Expo 2025 Osaka officially commenced, with the Beijing Central Axis Exhibition offering visitors a unique lens into the cultural legacy of the ancient capital.
Crypto bettors like songs about saunas: Sweden’s KAJ leads Eurovision 2025 betting
With Eurovision 2025 semi-finals set for May 13 and 15 in Switzerland, leading crypto sportsbook Cloudbet reports Sweden's KAJ has emerged as the market leader. The meme-driven entry “Bara Bada Bastu” is currently trading at odds of 2.12 in Cloudbet’s outright winner market.
Japan’s Exports Dip As Trump Tariff Threats Loom, Lutnick Signals Trade Deal Delay
Japan’s exports reportedly slowed down in the first 20 days of April amid a stronger yen, while U.S. tariffs on Japanese goods, from steel to cars, also came into effect. Exports measured by value ...
Stocks jump in Japan, Taiwan on trade optimism; bitcoin soars
By Kevin Buckland TOKYO (Reuters) -Stocks surged in Japan and Taiwan on Friday after a U.S. trade deal with Britain fuelled guarded optimism for progress in tariff talks with other countries. Bitcoin ...
How Telecom Giants Are Turning to Blockchain, Not for Crypto, But to Stop Losing Millions
Telecom taps blockchain to eliminate billing disputes, as SAGE pioneers real-world crypto utility in infrastructure.
Virginia man sentenced to 30 years in ISIS crypto scheme
A Virginia resident has been sentenced to more than 30 years in prison for providing material and financial support to the Islamic State of Iraq and al-Sham, known as ISIS, the Justice Department announced Thursday.
Japan’s Nippon Steel annual profit down 36%, beats forecasts
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.