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.
In China, a Cat-and-Mouse Game to Rein in Crypto
The role of traders such as Chen in facilitating Chinese crypto transactions is largely invisible to the outside world. But a Wall Street Journal examination of court cases and Chinese government ...
Crypto fans hoped Trump would make them legit. Then came the meme coins.
The launch of $TRUMP and $MELANIA crypto coins has disappointed some in the crypto industry, who fear they amplify the sector’s sillier and scammier side.
Crypto markets steady after Trump’s first policy move
Crypto markets crept up on Friday, still holding below recent highs even after President Donald Trump ordered a new working group to draw up crypto regulations long hoped for by the industry and explore the creation of a U.
The $100M Wrench Attack: How Crypto Millionaires Became Crime Targets
According to Le Parisien, David Balland and his wife were kidnapped from their home in Vierzon, France, by a violent criminal gang who subjected them to brutal torture.
Fujifilm to boost chip materials output in Japan, U.S., South Korea
TOKYO -- Fujifilm Holdings plans to spend more than 100 billion yen ($640 million) over three years to increase semiconductor materials production at facilities in Japan, the U.S., South Korea and ...
Trump’s Crypto Venture Divides the Industry He Aims to Support
The president’s promotion of a speculative digital coin left some crypto investors feeling blindsided, while others saw it as a gimmick that undermined the industry’s credibility.
Trump orders crypto task force to draft new regulations, explore national stockpile
On the campaign trail, Trump courted crypto cash by pledging to be a "crypto president" and promote the adoption of digital assets.
Japan’s Seven & i mulls IPO of N. American convenience store unit
Seven & I Holdings Co. is considering an initial public offering of its North American convenience store subsidiary to raise cash to support a management buyout proposed by its founding family, ...
Charting the Global Economy: Bank of Japan Raises Interest Rates
The Bank of Japan raised its key policy rate to the highest level since 2008 and took a more bullish view on the strength of inflation.
BOJ’s clear guidance on rate hike calms markets but may backfire
For some economists, the latest move was too completely priced in, begging the question of how explicitly the BOJ intends to signal its plans in the future.