Mitsubishi UFJ reported a 51% year-on-year increase in net profit for Q1 FY26, surpassing consensus estimates by 14%. The bank's net interest income rose 28% due to loan growth, margin expansion, and strong trading and affiliate income. Analysts expect further gains from potential Bank of Japan rate hikes, with each 0.25% increase potentially adding ¥0.18 trillion to annualized net interest income. The outlook remains positive with a maintained 'Buy' rating and a target price reflecting a 32% valuation increase.
Boyaa Interactive, a Hong Kong-listed gaming company, purchased an additional 115 Bitcoin, increasing its total holdings to approximately 4,316 BTC. This move places Boyaa as the 22nd largest public company Bitcoin holder worldwide. The company acqui...
Six Flags has partnered with FinTech company Upgrade to launch Flex Pay, a buy now, pay later (BNPL) option for purchasing season passes. Guests can buy passes online for $49 or more and pay in fixed monthly installments while enjoying immediate acce...
President Donald Trump declared that Canadian aircraft maker Bombardier should be banned from selling planes in the US unless they are manufactured domestically. Trump criticized Canada for unfair trade restrictions on American companies and highligh...
Xverse, a self-custodial Bitcoin wallet, has launched a pooled Bitcoin staking product allowing users to earn Bitcoin-denominated yields without giving up control of their coins. The staking uses sBTC on the Stacks network paired with STX tokens, kee...
Lion Group Holding Ltd. announced it will change its American Depositary Shares (ADS) ratio from 1 ADS per 292,500 Class A shares to 1 ADS per 5,850,000 Class A shares, effectively a 1-for-20 reverse ADS split. This change will take effect around Sep...
