CVC Capital Partners is exploring a sale of Japanese personal care company FineToday after postponing its planned Tokyo IPO.
Japan’s Nikkei slips to 3-week low on tech sell-off over AI-business outlook
TOKYO: Japan’s Nikkei share average slipped to a three-week low on Thursday, pressured by heavyweight tech stocks as investors weighed the outlook for artificial intelligence and data centre ...
How a major convenience store chain became a hub for crypto scams
Circle K has made millions by renting space to crypto ATMs – even amid mounting evidence that the machines are playing a key role in international fraud schemes.
Septerna’s $288M IPO is another sign of the market warming to biotech investment
Celebrating his company’s upsized initial public offering (IPO), Septerna CEO Jeffrey Finer rang the opening bell on the Nasdaq stock exchange on Friday morning in New York, in the latest sign of ...
Physics Wallah Selects 4 Investment Bankers For $500 Mn IPO
Physics Wallah has shortlisted Axis Capital, Kotak Mahindra Capital, Goldman Sachs, and JP Morgan as the bankers for its proposed initial public offering (IPO) The public issue will likely be a mix of ...
Deutsche Bank predicts 40% surge for tumbling crypto stock
Deutsche Bank, the multinational investment bank and financial services company headquartered in Frankfurt, Germany, has initiated coverage of Coinbase (Nasdaq: COIN) and boosted the sinking stock's ...
Japan eyes cutting passport fees by up to $45
TOKYO -- Japan is preparing to lower passport application fees by as much as 7,000 yen ($45), aiming to offset a proposed increase in the departure tax to avoid discouraging travel abroad.
Bitcoin Traders Brace for Bank of Japan Rate Hike Amid Crypto Sell-Off
The Bank of Japan's expected rate hike to a 30-year high could unwind the yen carry trade, draining liquidity from risk assets like Bitcoin.
Popular crypto exchange proposes $1B token burn after steep price crash
Token burning refers to permanently removing tokens from circulation by sending them to addresses that cannot be accessed. Crypto projects commonly use fee-based burns, scheduled burns, or ...
Leaked memo shows popular crypto firm may wind down
A leaked message and a federal lawsuit collide, putting a once-prominent crypto venture back under the spotlight.
Japan’s MUFG to invest over $4 billion for stake in India’s Shriram Finance, sources say
Japan's Mitsubishi UFJ Financial Group (MUFG) is set to invest more than $4 billion for a roughly 20% stake in Indian non-bank financial company Shriram Finance, with the deal to be closed on Friday, ...
What Trump’s Embrace of Crypto Has Unleashed
A boundary-pushing array of new crypto ventures have reached the stock market, enticing investors and leading to more risk taking.
Bank of Japan on cusp of raising rates to highest in 30 years
Since it last tightened in January, the Bank of Japan has kept its policy rate target at 0.5%. The long pause has been in large part due to uncertainty caused by U.S. tariffs, but also as policymakers ...
Shinsei Bank latest iteration rises 9% in Tokyo debut
TOKYO (Reuters) -- SBI Shinsei Bank shares rose 9% on Wednesday in their trading debut on the Tokyo Stock Exchange's Prime market. The stock opened at 1,586 yen, compared with Shinsei Bank's initial ...
Japan’s NTT to deploy more than 1,000 autonomous buses and robot taxis
TOKYO -- Japanese telecommunications group NTT aims to deploy more than 1,000 self-driving buses and cars across the country by the 2030s, using its nationwide footprint to scale the technology and ...
Bank of Japan set to hike rates to 30-year high Friday. Why that’s bad for the US.
Investors should be watching the central bank’s Friday policy decision, which could unravel the so-called yen carry trade.