Surrounded by crypto executives buoyed by Donald Trump's presidency, South Africa's central bank chief on Tuesday criticized industry lobbying of U.S. policymakers, telling a Davos panel event that bitcoin made no more sense as a reserve asset than beef or apples.
Luxury, Hotel Stocks Are All the Rage as Tourists Flock to Japan
Japan’s stock market is only now waking up to potential gains from record numbers of big-spending tourists.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 ...
KKR pushes Japan shipper Logisteed to M&A-fueled growth
TOKYO -- A fast-moving program of acquisitions and structural reform under private equity firm KKR's ownership has helped Japanese shipper Logisteed approach 1 trillion yen ($6.41 billion) in revenue ...
Trump’s SEC launching ‘crypto task force’ to develop clear regulations for industry
The Trump administration took its first steps Tuesday toward an expected lowering of regulatory barriers for cryptocurrency.
Crypto Execs Remain Upbeat Even As Bitcoin Plunges 5.3% After Trump Inauguration Speech Ignores Industry
Donald Trump didn’t mention crypto on his first day back in the White House, but crypto execs are optimistic for the future.
Bank of Japan expected to raise rates on Friday with inflation and wages ‘on path’
The Bank of Japan is likely to raise rates at its January 24 meeting following recent supportive comments from BoJ governor Kazuo Ueda and deputy Ryozo Himino.
Crypto Thought Trump Would Bring It Legitimacy. Then He Launched a Meme Coin.
Industry players worry the success of the president’s meme coin will undermine the credibility they have worked hard to cultivate.
Binance CEO sees U.S. crypto legislation passing under Trump this year
Richard Teng, CEO of crypto exchange Binance, discusses the outlook for U.S. crypto regulations this year. Richard Teng, CEO of crypto exchange Binance, discusses the outlook for U.S. crypto ...
IHG’s Garner Hotels expands into Japan with three new properties
The three new hotels comprise Garner Hotel Osaka Honmachi Station, Garner Hotel Osaka Honmachi Midosuji, and Garner Hotel Osaka Honmachi Kita Semba. Offering affordable accommodations, these hotels ...
Bitcoin Retreats as Traders Await Trump Crypto Executive Order
Bitcoin held a retreat from a record as traders awaited crypto policy directives from President Donald Trump following his inauguration. The market was expecting an executive order in support of the ...
Bitcoin slips, Trump token plunges over 20% as bullish crypto sentiment cools
Bitcoin and other cryptocurrencies sank Tuesday as bullish investor sentiment surrounding cryptocurrencies cooled after President Donald Trump's inauguration.
Bitcoin, $Trump slide, waiting for crypto president Trump’s promises
Bitcoin and other cryptocurrencies and even the newly minted token bearing Donald Trump's name recoiled on Tuesday, after the U.S. president's first set of policies following inauguration made no ...
Trump effect on crypto undeniable, will lure investment, Coinbase CEO says at Davos
Donald Trump's second term as U.S. president will draw a lot of investment into crypto, the CEO of Coinbase told a panel discussion at the World Economic Forum in Davos.
Takeda-backed Ascentage Pharma targets $1.75 billion valuation in US IPO
China-based Ascentage Pharma said on Tuesday it was targeting a valuation of $1.75 billion in its initial public offering in the United States. Ascentage, backed by Japan's biggest drugmaker Takeda ...
Japan’s Nikkei ends higher as markets assess Trump’s tariff delay
Japan's Nikkei share average ended higher in volatile trading on Tuesday, as investors found comfort in the possibility of a delay in tariff implementation by U.S. President Donald Trump.
JGB Yields Edge Lower; Trump’s Inauguration Speech Not Seen as Destabilizing
JGB yields edged lower in the Tokyo session as markets digested Trump’s inauguration speech. “Trump held off on day-one tariffs,” senior Japan rates strategists at SMBC Nikko Securities said.