They fear market-driven corporate governance reforms and structural changes to the country's economy will stall or even backslide to the "bad old days" of Japanese industrial policy prior to the 1990s ... ( read original story ...)
Japan to sell 27per cent of Japan Post to raise reconstruction funds
Japan will this month sell up to 1.03 billion Japan Post Holdings shares, which at Wednesday's closing price would be worth 952 billion yen (US$8.52 billion), a filing showed, to help with rebuilding ... ( read original story ...)
Olympic Cyclist Elinor Barker Reveals She Competed (and Won!) in Tokyo Games While Pregnant
British cyclist Elinor Barker is revealing new details about her time at the Tokyo Olympics. The 27-year-old, who won a silver medal in the women's team pursuit track cycling event, shared Tuesday ... ( read original story ...)
Metaverse Heats Up: How Axie Infinity’s $30B Valuation Led Crypto Game Frenzy
Axie Infinity, the most popular crypto-based game and blockchain-using metaverse project, hit a $30 billion valuation. Its native token AXS rose past $110 this weekend, and it is currently trading at ... ( read original story ...)
Billionaire investor David Einhorn says he doesn’t have a strong view on crypto as the lack of regulation makes it ‘too difficult’
I don't have a strong view that this is some enormous waste or this is some phenomenal opportunity,' Einhorn said. ( read original story ...)
Indian crypto exchange CoinSwitch Kuber valued at $1.9 billion
CoinSwitch Kuber, an Indian crypto exchange, raised $260 million at a $1.9 billion valuation co-led by Andreessen Horowitz and Coinbase Ventures.Why it matters: All crypto investments are done against ... ( read original story ...)
Japan: PHC prices downsized IPO at bottom of marketed range
Japanese medical devices maker, PHC Holdings, has priced a downsized IPO at the low end of the indicated price range of ¥3,250– ¥3,500 to raise ¥71.8bn (US$640m), according to IFR. The company had ... ( read original story ...)
China’s Crypto Companies Are Scrambling
Hi all, this is Zheping in Hong Kong. Crypto holders have long tried to call China’s bluff on Bitcoin. That’s looking like a bad bet. But ... ( read original story ...)
GOP lawmaker introduces bill to provide legal clarity for crypto industry
Rep. Patrick McHenry (R-N.C.), a noted friend in Congress of the cryptocurrency industry, introduced a new bill Tuesday that aims to provide a framework for nascent digital token networks.State of ... ( read original story ...)
KKR-Backed PHC Holdings Plans $740.6 Million Initial Public Offering
By Kosaku Narioka KKR & Co.-backed PHC Holdings Corp. said it plans to sell shares worth 82.55 billion yen ($740.6 million) in an initial ... ( read original story ...)
Nikkei extends losing streak to 8 days, 1st time since 2009
Japan's Nikkei stock benchmark ends lower on Oct. 6, extending its losing streak to eight days for the first time since July 2009, as sentiment was hurt by deepening uncertainty over the global ... ( read original story ...)
CryptoCodex Live: Understanding Bitcoin Trends And The Latest Crypto Price Moves
Sign up now for Forbes' CryptoCodex Live and understand the trends buffetting the bitcoin price and wider crypto ... ( read original story ...)
India’s cryptocurrency platform CoinSwitch Kuber raises over $260 mln
Indian cryptocurrency exchange CoinSwitch Kuber said on Wednesday it had raised over $260 million at a valuation of $1.9 billion, underscoring the rise in popularity of crypto trading in the country ... ( read original story ...)
Gary Gensler says the SEC won’t bring in a China-style crypto ban, but Congress could
Many of these tokens do meet the tests of being an investment contract or a note or some other form of security,' Gensler said Tuesday. ( read original story ...)
Bank of Japan’s Kuroda says country’s labour practices keep wage pressures under control
Japanese firms have no pressing need to raise wages because they retained jobs during last year's pandemic-induced economic slump, and thus do not need to fill job vacancies as quickly as US companies ... ( read original story ...)
Japan’s Shinsei Bank forms independent panel to respond to SBI takeover bid
Japan's Shinsei Bank Ltd is forming a panel of independent directors to weigh its response to a takeover bid from SBI Holdings, so as to ensure the "fairness and objectivity of the evaluation," it ... ( read original story ...)