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Tag: finance

Posted on 06/02/2025

Bank of Japan must raise rates to 1% by latter half of fiscal 2025, board member Tamura says

THE Bank of Japan must raise short-term interest rates to at least 1 per cent by the second half of fiscal 2025 to contain upside inflation risks, its board member Naoki Tamura said on Thursday. Read ...

Posted on 06/02/2025

Hawkish BOJ Board Member Calls for Faster Rate Hikes

Bank of Japan policy board member Naoki Tamura said, “Raising short-term interest rates to at least around 1% in the latter half of fiscal 2025 is necessary to reduce upside risk to prices and achieve ...

Posted on 06/02/2025

‘Era of blocking crypto innovation is over’: Crypto industry responds to Trump’s early moves

White House crypto czar David Sacks said the industry underwent years of 'persecution,' a message resonating with crypto executives.

Posted on 06/02/2025

FDIC releases documents related to supervision of crypto-related activities

FDIC officials are asking banks for details on how they may engage with cryptocurrency while maintaining appropriate safeguards.

Posted on 06/02/2025

Nikkei May Rise as Concerns About U.S. Tariffs Ease

Japanese stocks may rise as concerns about trade friction between the U.S. and its trading partners recede. Nikkei futures are up 0.5% at 38950 on the SGX. USD/JPY is at 152.66, compared with 153.27 ...

Posted on 06/02/2025

Bitcoin approaches $100,000 as Trump’s pro-crypto policies take shape

Despite Bitcoin topping $100,000 this week, the world’s largest cryptocurrency has slipped below that critical threshold again, and is currently trading at a price near $97,200.

Posted on 06/02/2025

African Billionaire’s X Account Hacked By Crypto Scammers

Hackers have apparently scammed more than $1 million from X users who thought they were buying this Tanzanian mogul’s crypto coin.

Posted on 06/02/2025

Crypto fans thought this would be ether’s big year. Then came the tariffs.

As concerns around President Donald Trump’s tariff plans weighed on cryptocurrencies this week, ether experienced a sharper selloff than bitcoin — extending its underperformance despite some traders’ ...

Posted on 06/02/2025

Bank of Japan official reaffirms rate hike path

Speaking today (February 5) to parliament, Kazuhiro Masaki, director-general of the BoJ’s monetary affairs department, noted that Japan’s underlying inflation was still under 2%. He said the central ...

Posted on 06/02/2025

Japan’s Nomura doubles Q3 profit on revived markets and investment banking units

Japan's top brokerage and investment bank, Nomura Holdings , on Wednesday reported a 101% increase in net profit as its wholesale business segment grew income on strong demand for equity offerings and ...

Posted on 06/02/2025

Blockstream Expands to Japan to Boost Bitcoin Adoption

Bitcoin servicing firm Blockstream has opened a new hub in Tokyo as it doubled down on its global expansion drive ...

Posted on 06/02/2025

Trump admin reduces SEC team handling crypto enforcement

The team driving enforcement actions against crypto bad actors has largely been reassigned or demoted under the Trump administration.

Posted on 06/02/2025

Best Crypto To Buy Now As David Sacks Predicts A ‘’Golden Age’’ For Digital Assets Under Trump

As Trump crypto czar David Sacks predicts a “golden age” for digital assets, here are some of the best crypto to buy now.

Posted on 06/02/2025

Trump’s commerce pick with crypto ties advances to Senate floor

The Senate Commerce Committee moved to advance the nomination of billionaire banker Howard Lutnick to lead the Commerce Department to the Senate floor on Wednesday.

Posted on 06/02/2025

Crypto ransomware payments drop 35% in 2024 amid crackdowns

Ransomware payments dropped 35% in 2024, marking the first decline in years as law enforcement crackdowns and improved victim resilience reshaped the landscape.

Posted on 06/02/2025

SEC Ousts Top Litigator Who Battled With Crypto Giants

The agency, seeking to make peace with the crypto market, reassigned its head of litigation to a job in its information-technology office.

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