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Tag: finance

Posted on 28/02/2025

Bank of Japan vows to keep tapering bond buying despite rise in yields

THE Bank of Japan (BOJ) will keep tapering its government bond purchases despite recent rises in yields, deputy governor Shinichi Uchida said on Friday (Feb 28), stressing its huge bond holdings ...

Posted on 28/02/2025

Crypto stocks face increased volatility as Bitcoin price stays below $90,000

Other firms expanding into the crypto space, such as Robinhood, have also benefited from recent SEC relief, which this month resulted in an end to an investigation into its crypto business. As of this ...

Posted on 28/02/2025

Japan’s Metaplanet Issues $13.6 Million in Bonds to Acquire Additional Bitcoin

Metaplanet issues $13.6 million in zero-interest bonds to boost its Bitcoin investment, aiming to acquire 10,000 BTC by the end of 2025.

Posted on 28/02/2025

ADNOC to supply LNG to Osaka Gas from Ruwais project

ADNOC has agreed to supply Osaka Gas with up to 800,000 tonnes per annum (tpa) of liquefied natural gas (LNG) from its lower-carbon Ruwais LNG project. This 15-year sales and purchase agreement (SPA) ...

Posted on 28/02/2025

FBI Accuses North Korea of $1.5 Billion Crypto Heist, Largest in History

The FBI has accused North Korea of stealing $1.5 billion from Bybit in the largest cryptocurrency heist in history. The Lazarus Group, a North Korean cyber unit, is laundering the stolen assets to ...

Posted on 28/02/2025

Bitcoin traders are eyeing another big drop after the top crypto slipped into a bear market

Bitcoin slipped into official bear market territory this week, with the crypto now down around 21% from its record-high of $109,350 in January.

Posted on 28/02/2025

Five predictions for where crypto is headed in 2025

After a rush of momentum to close out last year, the industry is pondering its next steps across AI, gaming, and more.

Posted on 27/02/2025

Crypto and fintech are enjoying a Trump bump, but how long will it last?

Reflections from a dinner with top fintech and crypto firms.

Posted on 27/02/2025

Japan’s Idemitsu to build lithium sulphide plant to help support Toyota’s EV plans

Japan's No.2 oil refiner, Idemitsu Kosan plans to build a large-scale plant for lithium sulphide, a key material for all-solid-state batteries, at its Chiba refinery, near Tokyo, the company ...

Posted on 27/02/2025

FBI accuses North Korean-backed hackers of stealing $1.5 billion in crypto from Dubai-based firm

The FBI has accused North Korean-linked hackers of conducting one of the largest thefts of cryptocurrency publicly known, seizing some $1.5 billion worth of ethereum from a Dubai-based firm. The theft ...

Posted on 27/02/2025

Stock markets look risky and crypto threatens dollar dominance, billionaire investor Paul Singer says

Elliott Management founder Paul Singer said investors are complacent, AI buzz is overblown, and crypto may threaten the dollar's global power.

Posted on 27/02/2025

North Korea behind $1.5 billion crypto theft, FBI confirms

North Korean hackers were behind the theft of $1.5 billion of virtual assets last week from Dubai-based cryptocurrency exchange Bybit, the U.S. Federal Bureau of Investigation said, marking the ...

Posted on 27/02/2025

Japan Post Bank to conduct secondary share offering of up to $4.22 billion

Japan Post Holdings plans to sell its shares in Japan Post Bank in a secondary share sale worth as much as 630 billion yen ($4.22 billion), a regulatory filing showed on Thursday. The sale, first ...

Posted on 27/02/2025

Japan Post Plans Sale of $4.2 Billion Stake in Banking Unit

Japan Post Holdings Co. plans to sell a stake in Japan Post Bank Co. that could raise ¥630 billion ($4.2 billion), the latest disposal in the former state-run giant’s decade-long privatization efforts ...

Posted on 27/02/2025

Japan economic panel calls for ‘bold steps’ to spur investments

Japanese Prime Minister Shigeru Ishiba's economic advisory panel called on Thursday for "bold policy steps" to promote domestic investments as the United States and other global powers scramble to ...

Posted on 27/02/2025

Mizuho Bank confirms ¥66 million stolen from safe deposit boxes

Mizuho Bank officials said Thursday that the total amount of cash stolen by a former employee from clients' safe deposit boxes was ¥66 million ($440,733).

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