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Tag: finance

Posted on 28/01/2025

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.

Posted on 28/01/2025

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.

Posted on 28/01/2025

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 ...

Posted on 28/01/2025

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 ...

Posted on 27/01/2025

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.

Posted on 27/01/2025

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.

Posted on 27/01/2025

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 ...

Posted on 27/01/2025

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 ...

Posted on 27/01/2025

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 ...

Posted on 27/01/2025

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 ...

Posted on 27/01/2025

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 ...

Posted on 27/01/2025

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 ...

Posted on 27/01/2025

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 ...

Posted on 27/01/2025

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.

Posted on 26/01/2025

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 ...

Posted on 26/01/2025

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.

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