Making its market debut on Wednesday, Japan's Socionext Inc bucked softening sentiment toward chips by surging 15% in Tokyo's biggest initial public offering of the year so far. Shares in the fabless ...
Chip firm Socionext soars in Tokyo debut after Japan’s biggest 2022 IPO
Socionext managed to attract buyers even in a weak market for IPOs in Japan, where proceeds slumped 80% this year on an annual comparison.
Japan stocks lower at close of trade; Nikkei 225 down 0.02%
Japan stocks were lower after the close on Wednesday, as losses in the Electrical/Machinery, Precision Instruments and Machinery sectors led shares lower. At the close in Tokyo, the Nikkei 225 lost 0.
Japan shares close flat as tech offsets travel boost
Japanese stocks ended flat after a bumpy trading session on Wednesday, with sliding tech companies countering gains in travel-related firms in a market that lacked direction ahead of this week's key U ...
Kids forced to run over double the distance after guidance error at Tokyo ward event
About 130 fifth and six graders who were supposed to run a 2-kilometer course were forced to run 4.5 kilometers at an Oct. 10 local event hel ... ( read original story ...)
Japan’s first business court opens in Tokyo
A court specializing in business-related cases has opened in Tokyo. The Business Court, the first of its kind in Japan, was set up to handle increasingly international and complex conflicts ... ( read original story ...)
Japan warns against yen sell-off, eyes intervention
By Kaori Kaneko and Tetsushi Kajimoto TOKYO (Reuters) -Japanese policymakers kept up their warnings against investors selling off the Japanese currency as the dollar rose to a fresh 24-year high ... ( read original story ...)
The Ethics Of Crypto: Sorting Out Good Intentions And Bad Actors
Some see crypto as a positive good – and others see it as no-good: a polarized debate about whether blockchain is merely a tool, or a shaper of moral outcomes; whether we should restrict the ...
Japan’s Matsuno: to Take Appropriate Steps on Excess Forex Moves
Japan is closely watching foreign exchange moves with a high sense of urgency, and is ready to take appropriate steps on excess moves, Chief Cabinet Secretary Hirokazu Matsuno told a regular briefing ...
Japan manufacturers’ mood sours again, higher costs dim outlook – Reuters Tankan
Business confidence among big Japanese manufacturers fell for a second straight month to hit its lowest in five months, a Reuters monthly poll showed on Wednesday, in another sign global inflation and ... ( read original story ...)
Japan’s Machinery Orders Post Biggest Fall in 6 Months in Blow to Corp Spending
Japan's machinery orders posted their biggest single-month fall in six months in August as pressure from a global economic slowdown and a weaker yen that pushes up import costs darken the outlook for ... ( read original story ...)
Seattle crypto exchange Bittrex faces record fine for violating U.S. sanctions
Seattle-based crypto exchange Bittrex was fined $24 million for helping clients evade U.S. sanctions in Syria, Iran, Crimea and elsewhere.
Crypto Investor Newsletter: Disney, Australia, and China’s Digital Yuan
In this newsletter, stay tuned for a round-up of this week’s crypto developments, including a look at what’s happening with central bank digital currencies (CBDCs) around the world and the metaverse.
Chip Firm Socionext to Debut in Tokyo After Japan’s Biggest 2022 IPO
They were sold at 3,650 yen each, the top of the marketed range in an IPO that was upsized to 66.8 billion yen ($459 million) due to high investor interest. The deal managed to attract buyers even in ...
Asia-Pacific markets set to trade lower as growth slowdown fears loom; Bank of Korea decision ahead
Investors are also waiting for inflation data from the U.S. due later this week. The Nikkei futures contract in Chicago was at 26,345 while its counterpart in Osaka was at 26,380 — slightly lower ...
Yen Weakens Past Level That Triggered Last Japan Intervention
The yen weakened past 145.90 to a fresh 24-year low, raising speculation over whether and when Japanese authorities would step in to prop up the currency as they did last month.