Tokyo’s benchmark rose 1% while Chinese indexes slipped as ... “With higher growth you get higher interest rates.” The biggest IPO in years rolled out Thursday on the New York Stock Exchange where ... ( read original story ...)
Japan January machinery orders seen down for first time in four months – Reuters poll
Japan's core machinery orders likely dropped in January from December's level, a Reuters poll found on Friday, predicting the first monthly decline in four months as renewed emergency curbs to slow ... ( read original story ...)
Japanese bank repositions Aussie lender’s owners
Latitude Financial fetched a A$3 bln valuation from a Shinsei Bank investment. That’s about what KKR, Deutsche Bank and Varde were aiming for in previously aborted IPOs. The sums imply a decent return ... ( read original story ...)
Tokyo area COVID numbers showing signs of rising, health min says: Kyodo
TOKYO (Reuters) - Coronavirus cases in the Greater Tokyo area are showing signs of creeping up, Japanese Health Minister Norihisa Tamura said on Friday, according to Kyodo News, raising questions ... ( read original story ...)
Big businesses’ sentiment turns negative under Japan’s second virus emergency
Business sentiment among large Japanese companies in the January-March period turned negative for the first time in three quarters under the government's l ... ( read original story ...)
Paypal’s Entry to Crypto Followed Long Buildup in Expertise
Last year’s launch of crypto market was the culmination of finding the right talent and working with Paxos Trust, a regulatory technology provider, the CTO of PayPal’s blockchain unit says. ( read original story ...)
Daily Briefing: GIC partners RPT Realty, others to set up retail assets platform; SG’s Swat Mobility considers IPO in Japan
Singapore’s sovereign wealth fund GIC has teamed up with RPT Realty, a US-based real estate investment trust, and other partners to form a new core net lease retail real estate platform, according to ... ( read original story ...)
NTT DATA Offers Digital Platform To Help Banks Compete With FinTechs
NTT DATA, based in Tokyo, is offering a new digital banking platform that ... In today’s top news, Coupang raised $4.6 billion in its IPO, and LendingClub reported that loan volumes were up 56 percent ... ( read original story ...)
SoftBank-Backed Coupang Gets Debut Gain in Top 2021 U.S. IPO
South Korean e-commerce giant Coupang Inc. rose 41% in its trading debut after delivering the biggest U.S. initial public offering since Uber Technologies Inc. ( read original story ...)
Coupang shares soar 41% in trading debut after biggest US IPO since Uber
NEW YORK (BLOOMBERG) - South Korean e-commerce giant Coupang surged 41 per cent in its trading debut after delivering the biggest US initial public offering (IPO) since Uber Technologies. Coupang, ... ( read original story ...)
Tokyo’s Nikkei share average opens up 0.26 pct
Japan's benchmark Nikkei average opened up 0.26 percent at 29,287.74 on Friday, while the broader Topix gained 0.23 percent at 1,929.33. TOKYO, March 12 (Reuters) - Japan's benchmark Nikkei average ... ( read original story ...)
SoftBank-Backed Coupang Gains After 2021’s Biggest U.S. IPO
Coupang, whose biggest backer is Japanese conglomerate SoftBank Group Corp., opened trading in New York Thursday at $63.50 a share, an 81% jump from the price in its upsized $4.6 billion IPO Wednesday ... ( read original story ...)
Tokyo Olympics chief denies decision made to ban foreign fans
Japan wouldn't be allowed amid concerns over COVID-19, the new Olympics boss says it's still being considered. ( read original story ...)
The world’s largest seawall didn’t protect Japan during the tragic 2011 tsunami
Kamaishi, Iwate, Japan is home to t. It was 63 meters deep and 2 km long and cost $1.5 billion to build. Still, the wall wasn't able to protect the city from 4-metre tsunami waves. On Mar. 11, 2011, ... ( read original story ...)
SoftBank-Backed Coupang Jumps in Debut After $4.6 Billion IPO
Coupang opened trading in New York Thursday at $63.50 a share, an 81% jump from the price in its upsized $4.6 billion IPO Wednesday. The shares were up 58% to $55.29 at 12:58 p.m., giving it a market ... ( read original story ...)
Largest Crypto Exchange Names Ex-U.S. Senator Baucus as Adviser
Binance Holdings Ltd., the world’s largest cryptocurrency exchange, has named prominent former U.S. politician Max Baucus as a policy and government-relations adviser. ( read original story ...)