Japan and the United States are in talks to build a semiconductor factory as part of their $550 billion investment agreement, the Nikkei business daily reported on Thursday. The project is ...
Nikkei 225, KOSPI gains fade as Fed hike shifts focus to what comes next
The Nikkei 225 and KOSPI edged higher on Thursday after the Federal Reserve delivered its first interest-rate increase in more than three years, although early rallies faded as investors absorbed the ...
Nikkei rises 1.0%, led by pharma, machinery stocks
Japanese stocks were higher, supported by bargain-hunting, as recent rising momentum in crude oil eases.
Trump’s Crypto Conflict Of Interest Killed The Industry’s Dream Bill
Donald Trump has enriched himself at such a grotesque level, it’s hard to see the sun around that,” Sen. Elizabeth Warren (D-Mass). told HuffPost.
Coinbase CEO says crypto can’t wait on Congress after CLARITY vote fails
Coinbase CEO Brian Armstrong says the CLARITY vote failure is a "disappointment" but vowed to update the financial system.
The crypto industry saw Trump as its savior. His crypto business just snagged a key bill
The crypto industry has spent years and millions of dollars lobbying for regulation that would more closely weave digital assets into traditional finance. When President Donald Trump made a heel-turn ...
Binance responds after U.S. seeks $61 million in crypto tied to Iranian oil sales
The DOJ filed a civil forfeiture complaint seeking $61 million in crypto tied to Iranian oil sales. Binance accounts were named in the filing.
Major Crypto Bill Goes Down In Flames In Senate Vote
“It’s a bill that would juice the value of President Trump’s crypto empire, and reward the crypto billionaires who have facilitated his corruption,” Sen. Elizabeth Warren (D-Mass.), the top Democrat ...
Crypto Sector Not Giving Up on Congress: Blockchain Association
Senators from both parties blocked a landmark digital asset market structure bill in a procedural vote, sending crypto stocks tumbling. The bill would have handed the CFTC the primary authority to ...
Analysis-crypto bill’s defeat shows limits of industry’s political machine
By Hannah Lang and Michelle Price WASHINGTON, Sept 16 (Reuters) - The U.S. Senate's vote against advancing a major crypto bill amid persistent opposition from Democrats and a handful of Republicans ...
$480 million in crypto gets wiped out after CLARITY Act fails
Nearly 100,000 crypto traders were liquidated for $480 million after the CLARITY Act failed to clear the Senate's procedural hurdle.
Why Japan’s economy is awful
In the late 1980s Japan experienced a booming economy: record-high Nikkei, surging real estate values, and corporate dominance that briefly put its GDP above the United States. By the 1990s the asset ...
The morning risk report: Landmark crypto bill fails procedural vote, casting doubt on new digital-asset rules
Plus: The U.S. is pressuring Mexico to box out China’s AI hardware exports, and a Maduro ally will forfeit $195 million in a money-laundering plea.
Crypto stocks fall as US Senate fails to advance ‘Clarity Act’
The U.S. Senate has blocked the "Clarity Act" from advancing, in a major setback for the crypto industry. The bill, backed by President Trump. is designed to provide a comprehensive market structure ...
Nikkei 225 at risk of hitting 62k as traders bet on Fed, BoJ hikes
In theory, the tightening of monetary policy in the US and Japan should be bearish for the Nikkei 225 Index since it would push debt-servicing costs higher for longer. However, the upcoming rate hikes ...
Bank of Japan, Fed Rate Hikes Expected Same Week: Will Yen Rally?
The Fed decides on rates Wednesday and the Bank of Japan follows Friday, with hikes expected from both this week.