Deutsche Bank, the multinational investment bank and financial services company headquartered in Frankfurt, Germany, has initiated coverage of Coinbase (Nasdaq: COIN) and boosted the sinking stock's ...
Japan eyes cutting passport fees by up to $45
TOKYO -- Japan is preparing to lower passport application fees by as much as 7,000 yen ($45), aiming to offset a proposed increase in the departure tax to avoid discouraging travel abroad.
Bitcoin Traders Brace for Bank of Japan Rate Hike Amid Crypto Sell-Off
The Bank of Japan's expected rate hike to a 30-year high could unwind the yen carry trade, draining liquidity from risk assets like Bitcoin.
Popular crypto exchange proposes $1B token burn after steep price crash
Token burning refers to permanently removing tokens from circulation by sending them to addresses that cannot be accessed. Crypto projects commonly use fee-based burns, scheduled burns, or ...
Leaked memo shows popular crypto firm may wind down
A leaked message and a federal lawsuit collide, putting a once-prominent crypto venture back under the spotlight.
Japan’s MUFG to invest over $4 billion for stake in India’s Shriram Finance, sources say
Japan's Mitsubishi UFJ Financial Group (MUFG) is set to invest more than $4 billion for a roughly 20% stake in Indian non-bank financial company Shriram Finance, with the deal to be closed on Friday, ...
What Trump’s Embrace of Crypto Has Unleashed
A boundary-pushing array of new crypto ventures have reached the stock market, enticing investors and leading to more risk taking.
Bank of Japan on cusp of raising rates to highest in 30 years
Since it last tightened in January, the Bank of Japan has kept its policy rate target at 0.5%. The long pause has been in large part due to uncertainty caused by U.S. tariffs, but also as policymakers ...
Shinsei Bank latest iteration rises 9% in Tokyo debut
TOKYO (Reuters) -- SBI Shinsei Bank shares rose 9% on Wednesday in their trading debut on the Tokyo Stock Exchange's Prime market. The stock opened at 1,586 yen, compared with Shinsei Bank's initial ...
Japan’s NTT to deploy more than 1,000 autonomous buses and robot taxis
TOKYO -- Japanese telecommunications group NTT aims to deploy more than 1,000 self-driving buses and cars across the country by the 2030s, using its nationwide footprint to scale the technology and ...
Bank of Japan set to hike rates to 30-year high Friday. Why that’s bad for the US.
Investors should be watching the central bank’s Friday policy decision, which could unravel the so-called yen carry trade.
SBI Shinsei Bank soars 11% from IPO price in Tokyo trading debut
The lender’s listing has boosted the total volume in the country’s IPO market to a seven-year high Read more at The Business Times.
SBI Shinsei Bank to Debut After Second-Biggest Japan IPO of 2025
SBI Shinsei Bank Ltd. will start trading in Tokyo on Wednesday after raising ¥322 billion ($2.1 billion) in Japan’s second-biggest initial public offering of the year.
Japan plans new taxes on EVs and plug-ins from 2028, Nikkei reports
Japanese lawmakers were considering new taxes on electric vehicles and plug-in hybrids, which are likely to take effect from May 2028, the Nikkei newspaper reported on Wednesday. The report said that ...
Japan’s exports rise 6.1% in November, trade balance at surplus of $2bn
TOKYO (Reuters) -- Japanese exports rose 6.1% year-on-year in November, up for a third straight month, data from the Ministry of Finance showed on Wednesday. The result compared with a 4.8% increase ...
Serious 2026 $3 Trillion Crypto ‘Collapse’ Fed Warning Issued—$10,000 Bitcoin Price Predicted As Crash Fears Swirl
"Bitcoin falling alongside Fed funds," McGlone wrote on X. “Since the Fed cut 25 basis points on September 17, bitcoin has dropped almost 25%. Is it the start of post-inflation deflation or just a dip ...