An unusual pilot program is offering $12,000 in crypto. The initiative, run by the nonprofit GiveDirectly and funded by leftover contributions from Coinbase’s closed philanthropy arm, is providing 160 ...
Micron to Invest $9.6 Billion in Japan Plant: Nikkei
Micron Technology Inc. will spend ¥1.5 trillion ($9.6 billion) to build a plant in western Japan to make memory chips for artificial intelligence applications, Nikkei newspaper reported.
Micron to invest US$9.6b in Japan memory chip plant — Nikkei
The move comes as Micron looks to diversify advanced chip production outside of Japan, Nikkei said, citing people familiar with the matter.
Micron to invest $9.6 billion in Japan to build AI memory chip plant, Nikkei reports
Micron Technology will invest 1.5 trillion yen ($9.6 billion) to build a new plant in Hiroshima in western Japan to produce advanced high-bandwidth memory (HBM) chips, the Nikkei reported on Saturday, ...
Japan’s Weak Two-Year Bond Sale Shows Growing Rate Hike Risk
In another sign of weak investor demand, the tail, or gap between average and lowest-accepted prices, was 0.012, compared with 0.002 last month. Bond futures held on to small losses after the auction.
Chip startup Rapidus planning to build 1.4nm fab in Japan – report
In March of this year, the Japanese government allocated ¥802.5 billion ($5.4bn) to invest in the chipmaker. The total amount of public money committed to Rapidus now stands at a maximum of ¥1.72 ...
Japan was one of the first countries in the world to legally define and regulate crypto
Japan is gearing up for a major crypto regulatory reset. The Financial Services Agency (FSA) is deliberating on a legal amendment that could reclassify crypto from a payment tool to a “financial ...
Japan says it will reach 2% defense spending early — but there’s a catch
TOKYO -- The supplementary budget approved by Japan's cabinet on Friday will boost defense spending by over 1 trillion yen ($6.4 billion) to 2% of gross domestic product two years ahead of schedule, ...
Strategy’s Michael Saylor weighs in on whether bitcoin’s four-year cycle is dead: CNBC Crypto World
On today's episode of CNBC Crypto World, Michael Saylor, the founder and executive chairman or Strategy, provides his outlook for bitcoin in 2026 and discusses whether he thinks the cryptocurrency's ...
Crypto tycoons pour in millions into relief after Hong Kong’s deadliest fire since 1948
Major leaders from the crypto industry have pledged millions of dollars to support the victims of the deadly fire in Hong Kong. The fire in a high-rise apartment complex in Tai Po District in Hong ...
N. Korean hacking group Lazarus suspected behind recent crypto hacking: sources
North Korean hacking group Lazarus is suspected to be behind a recent breach of around $30.6 million worth of cryptocurrency from Upbit, sources said Friday.
CoinShares pulls plug on select crypto ETFs ahead of US listing
CoinShares filed on Friday to withdraw its plan to launch three exchange-traded funds, as the European cryptocurrency firm plans to focus on higher-margin opportunities ahead of its U.S. listing.
Crypto Exchange Upbit Hit by Exploit After $10 Billion Deal
Upbit has suspended deposits and withdrawals after it discovered an unauthorized transfer of about $37 million of digital assets, a black eye for South Korea’s leading crypto exchange just a day after ...
Japan cabinet proposes $117bn extra budget, clouding outlook for surplus
TOKYO -- Japan's cabinet on Friday approved a draft supplementary budget of 18.3 trillion yen ($117 billion) -- the largest since the COVID-19 pandemic -- to fund stimulus and inflation measures that ...
MGM Resorts (MGM) Jumps 6.9% After F1 Visitor Surge and BetMGM Record—Is Momentum Sustainable?
MGM Resorts International recently benefited from the Las Vegas F1 weekend, attracting around 150,000 extra visitors, full hotel occupancy, and record-setting activity on its BetMGM platform. This ...
Singapore Wealth Fund GIC Moving to Bigger Office in Tokyo Finance District
Singaporean sovereign wealth fund GIC Pte is moving to a larger office in Tokyo’s main financial district, strengthening its presence in Japan as the country’s financial markets gain momentum.