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Month: August 2024

Posted on 23/08/2024

Memory chipmaker Kioxia mulls Japanese IPO as Bain Capital revives efforts – report

Private equity firm Bain Capital is going ahead with renewed IPO plans for chipmaker Kioxia in Japan, which could see about $500M being raised, Bloomberg News reported, citing people with knowledge of ...

Posted on 23/08/2024

Tokyo’s tax office is auctioning off a $390,000 Ferrari and a golf course

The capital’s branch of the national agency seized a 2-seater Ferrari NV 488 Pista Spider with an estimated price of 56.8 million yen ($390,000) from an owner who failed to pay their tax bill. It will ... ( read original story ...)

Posted on 23/08/2024

Tokyo stocks rise as BOJ chief remarks ease yen volatility fears

Tokyo stocks ended slightly higher Friday, as concerns about the yen's sharp appreciation eased after the Bank of Japan chief said he ... ( read original story ...)

Posted on 23/08/2024

Japan’s seafood exports drop 16.9% after treated water release began a year ago

The export of Japanese seafood has dropped more than 16 percent since China and Hong Kong introduced an import restriction, criticizing the release of treated and diluted water from the Fukushima Daiichi nuclear plant a year ago. ( read original story ...)

Posted on 23/08/2024

Japan Open 2024 Badminton: India’s Campaign Ends With Sathish Kumar Karunakaran’s Loss In Pre-Quarterfinals

India's campaign at the Japan Open 2024 badminton tournament ended after Sathish Kumar lost in the round of 16 of the men's singles event in Yokohama. ( read original story ...)

Posted on 23/08/2024

Teary dragon: Osaka ramen shop forced to cut tail off signboard

arguing that it encroached on its property. After losing in the first and second trials, the restaurant said on Aug. 14 that it decided not to appeal. The removal work was carried out by Pop Kogei Co. ( read original story ...)

Posted on 23/08/2024

Crypto Unites Voters And Attracts Gamblers During The 2024 Elections

How cryptocurrency is shaping the 2024 U.S. elections, uniting voters across party lines and sparking new betting trends with political memecoins

Posted on 23/08/2024

Arch wants to rebuild trust in crypto lending with $5 million in funding and a $70 million debt facility backed by Galaxy

T he crypto industry may try to pretend that the collapses of 2022 are a distant memory, but the lending sector has not recovered from the catastrophic implosion of firms like Blo

Posted on 23/08/2024

‘Just a matter of time’ megathrust earthquake hits Indonesia, as government agency urges mitigation efforts

Earthquake preparedness has drawn renewed attention in Indonesia in the wake of Japan’s megaquake alert earlier this month. ( read original story ...)

Posted on 23/08/2024

Tokyo inflation seen unchanged in August, snapping 3-month acceleration

TOKYO, Aug 23 (Reuters) - Consumer price inflation is expected to stay unchanged in Japan's capital Tokyo in August, ending three months of acceleration, a Reuters poll showed, suggesting the central ... ( read original story ...)

Posted on 23/08/2024

Ex-student denies manslaughter charge over Tokyo woman’s death

A 21-year-old former university student implicated in a string of robberies across the country has denied that he killed an elderly woman during one of them in the city of Komae, western Tokyo, in ... ( read original story ...)

Posted on 23/08/2024

Record rainfall floods Tokyo for the second day in a row

In the Japanese capital, Tokyo, streets and subways were submerged. Around 100 millimeters of rain fell in one hour in Minato-ku, with manhole covers blowing off in Nishi-Shinjuku. The intense ... ( read original story ...)

Posted on 23/08/2024

Bain Is Said to Plan $500 Million Tokyo IPO for Chipmaker Kioxia

Bain is working with investment banks on the renewed attempt to list the Japanese NAND flash memory business, the people said, asking not to be identified as the information is private. Kioxia could ...

Posted on 23/08/2024

Bain Is Said to Plan $500 Million IPO for Chipmaker Kioxia

Bain Capital is pressing ahead with its revived plans for an initial public offering of chipmaker Kioxia Holdings Corp. that could raise about $500 million, according to people familiar with the ...

Posted on 23/08/2024

Discovering Japan’s Hidden Stock Gems August 2024

Japan's stock markets have rebounded strongly, with the Nikkei 225 Index gaining 8.7% and the broader TOPIX Index up 7.9%, buoyed by better-than-expected U.S. economic data and a ...

Posted on 23/08/2024

Tokyo Inflation Seen Unchanged in August, Snapping 3-Month Acceleration: Reuters Poll

TOKYO (Reuters) - Consumer price inflation is expected to stay unchanged in Japan's capital Tokyo in August, ending three months of acceleration, a Reuters poll showed, suggesting the central bank may ... ( read original story ...)

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