Japan has proposed purchasing billions of dollars worth of U.S. semiconductor products during ongoing tariff negotiations with the United States, the Asahi newspaper reported, citing an unidentified source. The Japanese government plans to subsidize domestic companies that buy the U.S. chips from companies such as Nvidia, with potential imports reaching up to 1 trillion yen ($6.94 billion), aimed at reducing America's roughly 10 trillion yen trade deficit with Japan, the report said. Japan's top tariff negotiator Ryosei Akazawa intends to visit the United States around May 30 for a fourth round of trade talks.
Sen. Lummis on Push for Stablecoin Bill: ‘I Had No Idea How Hard This Was Going to Be’
The Wyoming Republican said she’s concerned the Senate Banking Committee has lost the “muscle memory” needed to actually legislate.
Top military generals support national Bitcoin reserve, claims Senator Lummis
Senator Cynthia Lummis (R-WY) addressed the audience at the Bitcoin 2025 conference in Las Vegas.
Japan's Nikkei seen rising about 5% by year-end, shaking off Trump tariff impact: Reuters poll
Japan's Nikkei share average will climb about 5% by end-year as uncertainties over U.S. trade policies that have been holding the index back continue to clear up, although volatility is likely in the near term, according to equity strategists in a Reuters poll. The Nikkei is forecast to trade at 39,600 at the end of December, according to the median estimate of 17 analysts polled between May 15 and 27, up from Tuesday's close of 37,724.11. Three analysts predicted the Nikkei will top July's all-time peak of 42,426.77 by June next year, and two analysts saw it doing so by end-2026.
New XRP ETF is under official SEC review
The SEC initiates a formal review of the WisdomTree XRP ETF to evaluate investor protection and assess the risks of manipulation.
BlackRock (BLK) Ascends But Remains Behind Market: Some Facts to Note
In the latest trading session, BlackRock (BLK) closed at $981.32, marking a +1.88% move from the previous day.
Dollar General (DG) Stock Sinks As Market Gains: What You Should Know
In the latest trading session, Dollar General (DG) closed at $100.98, marking a -0.4% move from the previous day.
Veteran hedge fund manager claims he is 'Bit Wiser' after misstep
Wall Street veteran Josh Mandell reveals $2.1M Bitcoin ETF stake, says he's finally "Bitwiser" on crypto.
Why Five Below Stock Popped by 8% on Tuesday
Any time an analyst cranks their price target on a stock more than 50% higher, you can bet the market will stand up and take notice. Before market open, Citigroup's Paul Lejuez raised his Five Below price target. Despite the fairly drastic move, Lejuez maintained his neutral recommendation on the stock.
Schlumberger (SLB) Ascends But Remains Behind Market: Some Facts to Note
Schlumberger (SLB) closed at $33.93 in the latest trading session, marking a +0.8% move from the prior day.