Adding to market woes, community transmission of the highly contagious Omicron variant of the virus has been confirmed in some of Japans major metropolises including Tokyo and Osaka. Japanese ... ( read original story ...)
Reddit taps Morgan Stanley, Goldman Sachs for IPO – source
Reddit had confidentially filed for an IPO in December and is aiming for a valuation of over $15 billion at the time of its flotation. It was valued at $10 billion in a private fundraising round ... ( read original story ...)
Yoshitsu IPO Soars 653% in Market Debut
The beauty products retailer raised $24 million after selling 6 million American Depositary Shares at $4 each. ( read original story ...)
Yoshitsu rockets over 900% following U.S IPO
Yoshitsu (TKLF) briefly rocketed more than 900% following the Japanese retailer’s U.S. IPO, but later pulled back to trade 580% higher by early afternoon ... ( read original story ...)
SME lender Grow Finance banks $35m from Japan’s Nomura
Trade finance company Grow Finance has closed a fresh $35 million equity raise led by Japanese financial services group Nomura, as well as a $450 million warehouse facility. A warehouse is a form of ... ( read original story ...)
Naomi Osaka laughed off whiffing an overhead shot, then said the response reflected her changed mindset
"I'm here because I want to be here and because I find that it's fun for me," Osaka said. "So I might as well enjoy it while I still can." ... ( read original story ...)
Beijing’s Olympics Will Probably Be As Depressing As Tokyo’s
Do you like your Olympics devoid of distracting cheering? Do you enjoy an airless atmosphere at sporting events? Well, then you’re in luck. China announced on Monday that, thanks to COVID, it would ... ( read original story ...)
US, Tokyo plan to stockpile weapons in Taiwan, Japan in case of conflict with China
Fearing a possible conflict with China over Taiwan, the US and Japan are holding talks to stockpile munitions including missiles in each other's military facilities in Japan and close to Taiwan. The ... ( read original story ...)
Japanese companies view Egypt as a business destination: Japanese ambassador
New Japanese companies plan to head to the Egyptian market and to inject fresh investments in the country over the coming period, benefitting from its attractive business and investment atmosphere, ... ( read original story ...)
Hong Kong Fund to Sell Japan, South Korea Burger King Business in Deal Over $1bln – Source
Private equity firm Affinity Equity Partners is this week launching the sale of its Burger King fast-food businesses in South Korea and Japan, in a deal that could fetch more than $1 billion, a person ... ( read original story ...)
Mitsubishi & Hydrogen Utopia sign LOI for plastics-to-hydrogen in Japan
Hydrogen Utopia International PLC (HUI), a company pioneering non-recyclable waste plastics to hydrogen technology, is delighted to announce that it has signed a letter of intent (LOI) with Mitsubishi ... ( read original story ...)
Japan PM: Abenomics did not create sustainable economy
Japanese Prime Minister Fumio Kishida said on Tuesday that steps taken under former premier Shinzo Abe's "Abenomics" policy of massive monetary and fiscal stimulus were not enough to create a ... ( read original story ...)
Crypto.com Halts Withdrawals for 14 Hours After ‘Unauthorized Activity’
Crypto.com suspended all withdrawals from the platform on Monday and is forcing users to reset two-factor authentication methods, according to tweets from the company. And while Crypto.com is claiming ... ( read original story ...)
Crypto.com reportedly succumbs to $14.6m Ethereum hack
Crypto.com’s Ethereum hot wallet was hacked yesterday, reportedly leaving some users with sizable losses. Users of the exchange also found that they were missing cryptocurrencies from their balances ... ( read original story ...)
UK to crackdown on misleading crypto ads as bitcoin slump continues
The Treasury department, following in the footsteps of Spain and Singapore, said ads will be brought into line with other financial advertising to ensure they are both fair and clear. ( read original story ...)
UK Treasury to crack down on ‘misleading’ crypto promotions
The UK Treasury has set out plans to change the law to increase consumer protections and bring advertising for the fast-growing crypto industry under the same standards as other types of financial ... ( read original story ...)