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Tag: finance

Posted on 09/04/2025

Japan’s Nikkei jumps 6%, rebounds from rout on market recovery hopes

Japan's Nikkei share average climbed 6% on Tuesday, rebounding from a 1-1/2-year low hit in the previous session, as investors scooped up stocks, encouraged by signs of a recovery on Wall Street. As ...

Posted on 09/04/2025

Justice Department Scales Back Crypto Enforcement

In an ethics agreement, he pledged to sell his crypto holdings within 90 days of being confirmed by the Senate. The Securities and Exchange Commission also has shifted away from a ...

Posted on 09/04/2025

US Justice Dept disbands crypto enforcement team, citing Trump order

The U.S. Justice Department is disbanding its National Cryptocurrency Enforcement Team and ordering prosecutors to narrow crypto investigations to focus on drug cartels and terrorist groups, according ...

Posted on 08/04/2025

Crypto firm Ripple to buy prime broker Hidden Road for $1.25 billion

Ripple said on Tuesday it will buy multi-asset prime broker Hidden Road in a $1.25 billion deal, making it one of the largest acquisitions by the crypto company. This is the second billion-dollar-plus ...

Posted on 08/04/2025

Shopify’s AI Strategy: Why Crypto & Every Biz Must Think AI First

Shopify's AI strategy memo shows why crypto, insurance, and all companies must urgently embrace an AI-first approach to stay competitive and boost productivity.

Posted on 08/04/2025

Osaka Expo crowns tourism-driven rebound of Japan’s ‘second city’

OSAKA -- Over the last two years, Hironori Momose has watched the reshaping of Osaka's skyline from his office overlooking the north end of the city's main train station. A former rail yard is now ...

Posted on 08/04/2025

Japan’s Bankruptcy Filings Hit 11-Year High in FY2024/25, TSR Tally Shows

Bankruptcy data is one of the indicators BOJ policymakers monitor to gauge the Japanese economy's soundness. Governor Kazuo Ueda has said the central bank will keep raising interest rates if sustained ...

Posted on 08/04/2025

Japan’s Kato Says No Truth to Reports About Mulling Extra Budget

Japan’s government isn’t considering compiling an extra budget to help mitigate the potential impacts from US tariffs, Minister of Finance Katsunobu Kato said Tuesday.

Posted on 08/04/2025

Wall Street’s Crypto Appetite Tested Again With New Altcoin ETF

Alternative asset manager Teucrium Investment Advisors LLC is launching a leveraged exchange-traded fund linked to cryptocurrency XRP, the asset at the center of a recently ended probe of Ripple Labs Inc.

Posted on 08/04/2025

Asian shares gain and Japan’s Nikkei 225 jumps 6.5% despite uncertainty over tariffs

Asian markets opened higher on Tuesday, with Japan’s Nikkei 225 share benchmark shooting up more than 6% after it fell nearly 8% a day earlier. The rebound followed a wild day on Wall Street as U.S.

Posted on 08/04/2025

Japan’s Nikkei jumps 6%, rebounds from 1-1/2-year low on US tech boost

Japan's Nikkei share average rose 6% on Tuesday in a widespread rally, rebounding from a 1-1/2-year low hit in the previous session, as local traders assessed strong performances of U.S. technology ...

Posted on 08/04/2025

Trump says Japan sending team for talks, Japan urges him to rethink tariffs

Japan is sending a team to negotiate on trade, U.S. President Donald Trump said, adding that he spoke earlier on Monday with Japanese Prime Minister Shigeru Ishiba, who separately said he told Trump ...

Posted on 08/04/2025

Binance Founder Zhao to Help Pakistan Boost Crypto Trading Bid

Pakistan has roped in Changpeng Zhao, the co-founder of the world’s largest crypto exchange Binance, to set up a globally competitive platform for digital finance in the South Asian nation.

Posted on 08/04/2025

Japan’s Nikkei plunges to 1-1/2-year low as banking shares slump

Japan's Nikkei share average tumbled nearly 9% early on Monday, while an index of Japanese bank stocks plunged as much as 17%, as concerns over a tariff-induced global recession continued to rip ...

Posted on 08/04/2025

US crypto stocks plunge as bitcoin hits new 2025 low

U.S.-listed shares of crypto companies tumbled before the markets opened on Monday, mirroring a sharp drop in bitcoin as escalating tariff tensions and fears of a global trade war triggered a broad ...

Posted on 08/04/2025

Crypto’s Trump Rally Evaporates; XRP Leads Altcoin Losses

Cryptocurrencies wiped out almost all their gains since Donald Trump’s election win in early November as fallout from the US president’s tariff onslaught sparked heavy selling in an asset class he’s ...

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