The Senate Commerce Committee moved to advance the nomination of billionaire banker Howard Lutnick to lead the Commerce Department to the Senate floor on Wednesday.
Crypto ransomware payments drop 35% in 2024 amid crackdowns
Ransomware payments dropped 35% in 2024, marking the first decline in years as law enforcement crackdowns and improved victim resilience reshaped the landscape.
SEC Ousts Top Litigator Who Battled With Crypto Giants
The agency, seeking to make peace with the crypto market, reassigned its head of litigation to a job in its information-technology office.
Nissan sours on merger with Honda, set to call off plan, sources say
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A Very Crypto Mystery
The crypto industry claims it was quietly deprived of access to banks by the Biden administration. Can Republicans find proof?
BOJ will keep raising rates if prices move as forecast, c.bank official says
The Bank of Japan will continue to raise interest rates if underlying inflation accelerates toward its 2% target as projected, a senior central bank official said on Wednesday.
Blockstream Opens New Office in Tokyo as It Expands in Asia
Blockstream, the crypto company co-founded by legendary bitcoin (BTC) developer Adam Back, is expanding its global presence with the opening of a new office in Tokyo, the company said in a press ...
Tokyo tech IPO soars but Seoul deal tanks 10% in volatile Asian markets
SYDNEY/SEOUL, Feb 5 (Reuters) - Shares of a small Japanese technology firm shot up nearly 60% on its first day of trade on Wednesday, while Seoul's largest initial public offering (IPO) in three years ...
Japanese media report Nissan is abandoning negotiations to merge with Honda
The Nikkei newspaper states that Nissan Motor will abandon the memorandum of understanding (MOU) under which it was negotiating with Honda Motor due to differences between the two regarding the structure of the resulting joint company.
Japan’s Nomura doubles Q3 profit on revived markets and IB divisions
Japan’s top brokerage and investment bank, Nomura Holdings, on Wednesday (Feb 5) reported a 101 per cent increase in net profit on strong demand for equity offerings and mergers and acquisitions ...
Japan PM Declares Crypto ‘Extremely Important’ Ahead of 2025 Tax Changes
Japan plans major crypto tax reforms by 2025 to boost Web3 innovation and economic growth. Officials aim for lower rates and clearer regulations.
BOJ will keep raising rates if prices move as forecast, central bank official says
The Bank of Japan will continue to raise interest rates if underlying inflation accelerates toward its 2% target as projected, a senior central bank official said on Wednesday. "Underlying inflation ...
Japan Wages Grow Most Since 1997, Supporting BOJ Hike Path
Japanese nominal wages rose at the fastest pace in nearly three decades, supporting the Bank of Japan’s latest rate hike decision and keeping the bank on track for further tightening steps.
Japanese brokerage Nomura doubles third-quarter profit
Japan's top brokerage and investment bank, Nomura Holdings , on Wednesday reported a 101% increase in net profit as its wholesale business segment grew income on strong demand for equity offerings and ...
Nissan shares plunge as report says Honda merger talks off
Nissan shares plunged on Wednesday after Japan's Nikkei business daily said the carmaker had decided to withdraw from merger talks with rival Honda.But the smaller automaker's chief said this week it ...
Tokyo’s First IPO This Year Bets on Succession in Manufacturing
Tokyo’s first initial public offering this year is by a company that seeks to solve the nagging problems of an aging population: many of Japan’s manufacturers make first-rate products but they have ...