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Month: December 2024

Posted on 19/12/2024

BlackRock’s global client balancing act, from Indianapolis to Tokyo

We already knew that BlackRock's global customer base brings it conflicting pressures from clients, but developments in the past week drive home the point for the world's top asset manager. ( read original story ...)

Posted on 18/12/2024

Kioxia shares climb 10% on debut in Tokyo after $800 million IPO

The company had raised 120 billion yen in its IPO, exercising a overallotment option. Shares were priced at 1,455 yen apiece.

Posted on 18/12/2024

Chipmaker Kioxia Rises 10% in Tokyo Debut After Jumbo IPO

Japanese memory-chip maker Kioxia Holdings Corp. will list on Tokyo Stock Exchange’s Prime Market on Wednesday, testing investors’ demand after its initial public offering failed to price at the upper ...

Posted on 18/12/2024

Memory chipmaker Kioxia soars in Japan IPO, reaching $5.8B valuation

Japanese memory chipmaker Kioxia's stock surged about 17% in its IPO debut on the Tokyo Stock Exchange on Wednesday. The share surge, valued the private equity firm Bain Capital-backed Kioxia, at ...

Posted on 18/12/2024

Chipmaker Kioxia up 10% on day after Japan’s 2nd-largest IPO of 2024

Japanese chipmaker Kioxia Holdings Corp. debuted on the Tokyo stock market Wednesday, closing over 10 percent above its initial offer ...

Posted on 18/12/2024

Japan chipmaker Kioxia stock rises 16.9% on first day of trading

TOKYO -- Shares in Japanese chipmaker Kioxia Holdings closed up 16.9% at 1,689 yen in its debut on the Tokyo Stock Exchange on Wednesday, after opening 0.3% below its IPO price.

Posted on 18/12/2024

Tokyo Lifestyle Co., Ltd. Reports First Six Months of Fiscal Year 2025 Financial Results

Tokyo Lifestyle Co., Ltd. ("Tokyo Lifestyle" or the "Company") (Nasdaq: TKLF), a retailer and wholesaler of Japanese beauty and health products, sundry products, luxury products, electronic products, ...

Posted on 18/12/2024

Nissan in merger talks with long-time rival as automaker continues to struggle

TOKYO (Reuters/CBS Newspath/WKRC) - Nissan and a long-time rival are in merger talks amid the Yokohama-based automaker's sales struggles. ( read original story ...)

Posted on 18/12/2024

Live news: Kioxia shares rise over 6% on first day of trading in Tokyo

Kioxia, the lossmaking Japanese chipmaker, gathered momentum after a muted start to trade up 6.4 per cent on the first day of trading in Tokyo, after private equity group Bain Capital acquired it in a landmark $18bn buyout six years ago. ( read original story ...)

Posted on 18/12/2024

Japan Needs Immigration To Thrive, Says Top CEO

The Indian-born CEO of a leading snack brand says recruiting more foreign workers is "very critical" to the future of Japan's economy. ( read original story ...)

Posted on 18/12/2024

Japan’s Space One Kairos rocket fails minutes after liftoff

Japan's Space One terminated the flight of its Kairos small rocket shortly after liftoff on Wednesday, marking the end of its second attempt in nine months to become the country's first company to ... ( read original story ...)

Posted on 18/12/2024

Japan’s draft climate strategy spurs calls for bolder cuts in carbon emissions

Japan's draft proposal for a carbon emission reduction target sparked calls for deeper cuts from experts as well as from within the ruling coalition, as the world's fifth-biggest carbon emitter ... ( read original story ...)

Posted on 18/12/2024

Focus: As bitcoin soars, luxury brands consider accepting crypto payments

Bitcoin’s soaring value has caught the attention of high-end fashion brands and retailers, prompting further interest in offering cryptocurrencies as a means of payment to tap in to fresh pockets of ...

Posted on 18/12/2024

Kioxia’s shares surge in debut, valuing Japan chipmaker at $5.8 billion

By Ankur Banerjee SINGAPORE (Reuters) -Shares of Kioxia soared 14% in their market debut on Wednesday, valuing the Bain-backed chipmaker at more than 890 billion yen ($5.80 billion) and highlighting ...

Posted on 18/12/2024

Kioxia Shares Rise in Trading Debut After $800 Million IPO

Kioxia Holdings’ shares rose in their trading debut following an $800 million initial public offering, driven by strong investor demand for chip makers as the industry rides the ...

Posted on 18/12/2024

Japan’s Honda and Nissan in preliminary merger talks

Japanese auto giants Honda and Nissan are in preliminary merger talks, according to media reports Wednesday, adding that a tie-up would aim to help them better compete against Tesla and Chinese electric vehicle makers.

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