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Posted on 27/03/2024

Japan to support next-generation passenger aircraft development

Japan's industry ministry said on Wednesday it plans to work with the private sector on a 4 trillion yen ($26.46 billion)project to create a next-generation passenger aircraft after 2035.

Posted on 27/03/2024

Asian Shares Mixed; Nikkei Surges On Weak Yen

Asian stocks ended mixed in a holiday-shortened week on Wednesday, with Chinese and Hong Kong markets leading regional losses on ...

Posted on 27/03/2024

Japan Finance Officials Gather After Yen Slumps to 34-Year Low

Officials from Japan’s Ministry of Finance, the Bank of Japan and Financial Services Agency are meeting to discuss international financial markets in their first three-way meeting since late May, ...

Posted on 27/03/2024

Crypto Hit by $63 Million Hack of ‘Munchables’ Game in One of Year’s Biggest Exploits

The crypto sector suffered one of its biggest security incidents this year after a hacker swiped $63 million from a blockchain-based game.

Posted on 27/03/2024

Reddit’s IPO is set to make the ‘front page of the internet’ public

The IPO is set to be one of the largest listings in recent memory in a test of investor appetite. There's a lot of uncertainty in the run-up to the day. Related stories Despite being created at a ...

Posted on 27/03/2024

Japan’s finance minister issues strongest warning on yen weakness

Japan's finance minister issued his strongest warning to date about the weakness of the yen as the currency fell to a 34-year low against the dollar, saying authorities could take "decisive steps", ...

Posted on 27/03/2024

Projecting price impacts as world’s largest pension fund mulls bitcoin

A crypto executive described the potential market impacts as Japan's government pension fund explores bitcoin investment.

Posted on 27/03/2024

Japan stocks rally, yen falls to lowest since 1990: markets wrap

Japanese stocks advanced amid a weak yen even as the rest of Asia struggled for momentum following a late selloff on Wall Street. Dollar strengthened against most major peers.

Posted on 27/03/2024

Bank of Japan may be less dovish than markets think

The Bank of Japan has ditched its dovish forward guidance in favour of a more "data-dependent" approach to policy deliberations after ending negative rates, sources say, keeping the door open for ...

Posted on 27/03/2024

Japan Finance Minister Suzuki: To take decisive steps vs excessive yen moves

Japanese Finance Minister Shunichi Suzuki said on Wednesday he would not rule out any options but will take "decisive steps" against excessive currency moves, using the strongest expression in warning ...

Posted on 27/03/2024

Crypto Miner Bitdeer in Talks With Private Credit for Capital

Crypto miner Bitdeer Technologies Group is in talks with private credit firms to arrange about $100 million in financing, according to people with knowledge of the matter.

Posted on 27/03/2024

Reddit shares skyrocket 48% above IPO price, valuing company at $9.5B

While Reddit still relies on advertising for the vast majority of its revenue, it touted AI in its IPO marketing roadshow as an area of growth. It also disclosed last week that the Federal Trade ...

Posted on 27/03/2024

Crypto group Copper served sushi off partially clad models

The cryptocurrency firm chaired by former UK chancellor Lord Philip Hammond hosted a party where guests were served sushi off two scantily clad models, raising new questions about the culture of the ...

Posted on 27/03/2024

Investors betting against crypto stocks have lost almost $2 billion this year as bitcoin breaks records

Total short interest in crypto-related stocks like Coinbase and MicroStrategy have surged, but those investors have lost big so far in 2024.

Posted on 27/03/2024

Crypto Venture Capital Backers Are Dubious About Bull-Market Hype

Judging by a record Bitcoin rally that fueled a $1 trillion jump in the digital-asset market this year, crypto fever is back. But look beneath the surface to trends in venture capital and a far more ...

Posted on 27/03/2024

The U.S. is simplifying how to report crypto on your taxes in 2025. But what about this year?

The Internal Revenue Service since 2014 has viewed crypto as property, so profits made from selling tokens are subject to capital gains tax. And if you are paid in crypto—such as staked rewards, or if ...

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