Federal Reserve chair Jerome Powell has held U.S. interest rates steady but primed the market for a cut this year, something that could help the bitcoin price to ...
Why is the crypto market down today? Bitcoin down to $42K
The crypto market often reacts to changes in traditional financial policies, and the Federal Reserve's decisions can have a cascading effect on digital assets, hence the trade today.
Japan’s Nikkei slips after Fed dashes hopes of March rate cut
Japan's Nikkei share average ended lower on Thursday, as investors were disappointed after U.S. Federal Reserve chair Jerome Powell's comments doused hopes of a potential interest rate cut in March.
Not just NYCB: Japanese bank issues warning on U.S. offices, cutting some Chicago loans by 63%.
On the heels of a profit warning from New York Community Bancorp that was at least partly due to the deteriorating office loan market, a Japanese bank ...
Bank loan-loss jitters spread to Japan as Aozora sees first loss in 15 years
Japanese bank Aozora (OTCPK:AOZOY) (OTC:AOZOF) tumbled after it forecast a surprise loss due to increased loan-loss provisions. Aozora stock fell more than 20% in Tokyo. The drop comes on the heels of ...
A $560 billion property warning hits banks from New York to Tokyo
The concern reflects the ongoing slide in commercial property values coupled with the difficulty predicting which specific loans might unravel ...
Germany Banking Giant DZ to Pilot Crypto Trading This Year: Bloomberg
The Frankfurt-based bank, which has $627 billion in assets under management, released a cryptocurrency custody platform in November. The release came months after it announced that it would be using Metaco's technology solution to build crypto-related services.
US energy data agency to track crypto mining power use
The U.S. Energy Information Administration (EIA) will begin to more closely track electricity consumption by cryptocurrency mining companies operating in the United States, the agency said on Wednesday.
Japanese bank tanks over 20% after flagging losses tied to U.S. commercial property
The Japanese lender said it now expects a net loss of 28 billion yen for the fiscal year ending March 31, after previously forecasting a net profit of 24 billion yen.
Japanese stocks see first weekly foreign outflow in three
(Reuters) - Foreign investors were net sellers of Japanese stocks in the week ended Jan. 26, reacting to indications that an end to the Bank of Japan's negative interest rates could be nearing. These ...
Takeda Announces Chief Financial Officer Succession
Takeda (TOKYO:4502/NYSE:TAK) today announced that Costa Saroukos, chief financial officer, has decided to leave Takeda to return to his home-country of Australia to be closer to family. Mr. Saroukos ...
Bitcoin worth £1.4bn seized after ex-takeaway worker tried to buy £23m mansion, court hears
trading in diamonds and antiques in countries including Japan, Thailand and China, the prosecutor said. The pair travelled extensively throughout Europe, selling Bitcoin and buying fine jewellery, ...
Tokyo Plast Standalone December 2023 Net Sales at Rs 15.87 crore, down 3.76% Y-o-Y
Net Sales at Rs 15.87 crore in December 2023 down 3.76% from Rs. 16.49 crore in December 2022. Quarterly Net Profit at Rs. 0.18 crore in December 2023 up 119.72% from Rs. 0.90 crore in December 2022.
Nikkei snaps 3-day winning streak as early US rate cut hopes recede
TOKYO (Kyodo) -- The Nikkei stock index snapped a three-day winning streak ... "There appears to be some (short-term) correction happening since both U.S. and Japanese stocks have rallied recently," ...
Japan’s Nikkei slips after Fed chair signals delay in rate cut
Japan's Nikkei share average fell on Thursday, after U.S. Federal Reserve chair Jerome Powell's comments doused hopes of a possible interest rate cut in March. The Nikkei tumbled 0.72% to 36,024.29 by ...
The US Wants to Know How Much Electricity Crypto Miners Use
The mining of Bitcoin and other cryptocurrencies uses more electricity than some countries. Is all that demand raising your power bill?