Japan's economy shrank an annualized real 0.7 percent in the January-March period, marking the first contraction in four quarters, as ...
Japan Finance Minister to focus on forex consensus in dialogue with Bessent
TOKYO (Reuters) -Japanese Finance Minister Katsunobu Kato said on Friday that he would seek to discuss foreign exchange issues with U.S. Treasury Secretary Scott Bessent on the understanding that ...
Japan’s economy shrinks more than expected as US tariff hit looms
Japan's economy shrank for the first time in a year and at a faster pace than expected, data for the March quarter showed on Friday, underscoring the fragile nature of its recovery now under threat ...
Japan Aims for Currency Talks With US Based on Past Dialogue
Japanese Finance Minister Katsunobu Kato said he’ll seek another opportunity to talk with his US counterpart Scott Bessent next week to discuss currency matters, building on their dialogue last month.
Japan’s Remixpoint Buys Another $3.4M Worth of Bitcoin
The Tokyo Exchange-listed Japanese firm Remixpoint has used its balance sheet to buy another $3.4 million worth of Bitcoin (BTC). Read more!
Crypto Bill Poised for Resurrection After Democrats Hail Changes
Crypto-friendly Senate Democrats moved closer to reviving stablecoin legislation sought by the industry after bipartisan negotiators agreed to assorted revisions, including tightened restrictions on ...
After latest kidnap attempt, crypto types tell crime bosses: Transfers are traceable
Crypto industry insiders seem convinced that organized crime likes these attacks because of a (mistaken) belief that crypto transfers are untraceable. So people like Chainalysis CEO Jonathan Levin are ...
Asia-Pacific markets set to trade mixed as investors await a slew of regional economic data
Asia-Pacific markets were set to climb Friday as investors look toward a slate of GDP data in the region. Japan's benchmark Nikkei 225 is set to open higher, with the futures contract in Chicago at 37 ...
Japan’s Q1 GDP shrinks annualized 0.7% on weak consumption
TOKYO - Japan's economy shrank an annualized 0.7% in the January to March quarter from the previous three months, according to preliminary government figures released Friday, reflecting weak ...
Japan’s Kato says will discuss FX with US Treasury Secretary Scott Bessent
Japan’s Finance Minister Shunichi Kato said on Friday that he would seek to meet US reasury Secretary Scott Bessent to discuss foreign exchange. Kato added that excessive FX moves damage the Japanese ...
Japan wage growth cools in manufacturing, picks up in services
TOKYO -- Japanese companies have raised wages by an average of 5.49% this year, little changed from 2024, as the pace of increases in manufacturing slows while other sectors catch up, a Nikkei survey ...
Coinbase Suffers Internal Data Breach. Do This Now to Protect Your Crypto and Data
The popular crypto exchange will not pay extortionists $20 million in ransom but will reimburse you for stolen assets.
UBS sees 5% crypto allocation trend among richest family offices
A lot of traditional family offices are now looking at allocating 5% of their funds into crypto. Therefore, traditional banks like UBS need to ensure that they are ready to "take on this opportunity," ...
Popular crypto analyst says AI twins will ‘solve one of the biggest problems’ in America
Crypto analyst LadyTraderRa says AI twins could tackle major issues like real estate bottlenecks — and even prevent school shootings.
Coinbase says scammers bribed insiders to steal customer data — and it could cost the crypto exchange $400 million
Scammers demanded $20 million for customer data obtained by bribing insiders. Coinbase stock price tumbled Thursday following the incident.
Crypto exchange Coinbase faces up to $400m hit from cyber attack
Cryptocurrency exchange Coinbase has warned a recent cyber attack will cost it up to $400m (£301m) to fix. The firm said it was contacted by hackers who claimed to have gained access to customer ...