Lone Star Funds acquired the company in 2021 and claims it realized "a significant profit after only three years of ownership." ...
Nikkei 225 Outlook: Negative Sentiment Overshadows Positive Fundamentals
The Nikkei 225 has broken below its 200-day moving average, now acting as key medium-term pivotal resistance at 38,520. In addition, the condition of the daily RSI momentum indicator remains bearish, as it has not hit its oversold level (see Fig 3).
Ex-bank official held in another case of safe-deposit theft in Japan
A former top official of a credit union in Japan's Yokohama has been arrested on suspicion of having stolen more than 600 million ...
Japan’s SBI VC Trade to roll out USDC support as stablecoin regulations ease
SBI VC Trade announced the completion of its initial registration for stablecoin transactions, paving the way for specific use cases related to USDC.
Binance CEO Applauds Japan Crypto Rules Amid Reforms
Binance CEO Richard Teng notes Japan's solid cryptocurrency legislation and growing acceptance, with 11 million crypto users.
Crypto recoups earlier losses from trade war sell-off, bitcoin reclaims $85,000
Crypto losses subsided Tuesday afternoon, after a sell-off driven by tariff concerns erased all of its bitcoin's gain from Trump’s crypto reserve announcement.
Crypto officially enters bear market after losing $1 trillion since December
According to The Kobeissi Letter, crypto markets have now lost $1 trillion in market cap since Dec. 18, marking a 26% decline from all-time highs. Treasury Secretary Scott Bessent hinted at possible interest rate cuts to stabilize the economy.
Why Trump’s Crypto Reserve Plan Has Experts Worried
Some Bitcoiners also believe that a reserve could serve as a hedge against inflation. They point to the fact that the dollar has gotten less valuable over time, and argue that Bitcoin’s value could be ...
Even the crypto bros don’t love Trump’s proposed crypto reserve
The crypto industry is getting everything it wanted under President Trump. The regulators that crypto firms have blamed for all of their problems have been gutted or made over with friendlier faces ...
Bitcoin erases all of its gain that followed Trump’s crypto reserve announcement
The price of bitcoin failed to recover the $85,000 level – where it traded before President Donald Trump's announcement of a U.S. crypto reserve sent it soaring – after a sell-off driven by tariff ...
Crypto crash update: Bitcoin, XRP, DOGE sent sinking by Trump’s trade war, marking end to brief rally
Cryptocurrencies including Bitcoin, XRP, and Ether are falling again this week amid President Trump's trade war, losing their weekend gains.
Trump’s Crypto Reserve Plan Raises Doubts. Here’s What We Know.
The prospect of using taxpayer money to stockpile cryptocurrencies in a national reserve has drawn criticism from lawmakers and investors.
Asia stocks tumble after Trump tariffs
Asian markets tumbled on Tuesday (Mar 4) after US President Donald Trump heaped tariffs on Chinese imports and warned levies on Mexico and Canada could not be averted. Japan's Nikkei and Hong Kong's Hang Seng saw the biggest drop,
Activist Oasis calls for next phase of governance reforms in Japan
TOKYO -- Activist investor Oasis Management believes Japan's much touted corporate governance reforms are facing a moment of truth after gaining traction over the last two years.
5 things to know for March 4: Trump tariffs, Ukraine aid suspended, storm threat, crypto reserve, SpaceX launch scrubbed
President Donald Trump will soon head to Capitol Hill for perhaps the most consequential speech of his second term so far. He is set to deliver an address to Congress a day after he decided to halt US military aid to Ukraine, which could have dire consequences for its war against Russia.
Japan’s SMFG joins Wall Street in exiting net zero banking group
Sumitomo Mitsui Financial Group will leave the banking industry’s main climate-finance alliance, the first major Japanese lender to join an exodus led by institutions from Wall Street and Canada.