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Category: FINANCE

Posted on 10/12/2024

Japan Smaller Capitalization Fund, Inc. Declares $0.3118 Ordinary Income Distribution

Inc. (NYSE: JOF) (the “Fund”) announced that it would make an ordinary income distribution of $0.3118 per share payable on December 27, 2024 to shareholders of record on December 19, 2024. The ...

Posted on 10/12/2024

Japan’s Kioxia Finalizes IPO Price and Prepares for December Listing

Bain Capital-backed chipmaker Kioxia has raised 120 billion yen ($800 million) through its initial public offering (IPO) after pricing shares in the middle of its marketed range, according to a ...

Posted on 10/12/2024

Japan’s Economy Grew Faster Than Initially Estimated Last Quarter

The Japanese economy grew at a faster pace than initially estimated in the July-September quarter, reflecting milder falls in capital investment and external demand, revised government data showed.

Posted on 09/12/2024

Crypto is poised to take off under Trump. Should you care?

President-elect Donald Trump outlined an aggressive plan for opening his second term in an interview that aired Sunday, vowing to move immediately to crack down on immigration and pardon his most ...

Posted on 09/12/2024

Big crypto spent big money to reshape the political landscape

The price of Bitcoin hit record highs after President-elect Donald Trump's win. Ripple CEO Brad Garlinghouse explains why the crypto industry poured millions into super-PACs ahead of the election.

Posted on 09/12/2024

How Long Will the Trump Crypto Boom Last?

As a pro-crypto Administration prepares to take power and crypto investors cheer, there are some parallels with the dot-com boom of the late nineties.

Posted on 09/12/2024

Memory chipmaker Kioxia prices IPO in Japan, raising $800M – report

Private equity firm Bain Capital-backed Kioxia raised about 120B yen (around $800M), including an overallotment, in its IPO in Japan, Reuters reported. Kioxia, which is among the world's largest ...

Posted on 09/12/2024

Japan’s Q3 GDP growth revised higher to 0.3% Q/Q and 1.2% on annualized basis

Japan’s economy grew by 0.3% quarter-on-quarter in the three months to September, surpassing the preliminary estimate and market expectations of 0.2%, the final figures revealed. This marked the ...

Posted on 09/12/2024

Options Giant Optiver Bets Japan’s Market Is About to Boom

Optiver is expanding its derivatives empire in Japan, where it aims to boost a single-stock options market that has so far been virtually non-existent.Most Read from BloombergA Chicago Skyscraper ...

Posted on 09/12/2024

Japan’s Kioxia prices IPO in middle of range, raising $800 million

TOKYO (Reuters) -Bain Capital-backed chipmaker Kioxia's initial public offering has raised 120 billion yen ($800 million) including an overallotment after shares were priced in the middle of their ...

Posted on 09/12/2024

Stock market today: Asian shares slide, with Korean benchmark down 2.5%, after Wall St hits records

Shares are mostly lower in Asia, with South Korea's benchmark down 2.3%, after U.S. stocks rose to records on Friday

Posted on 09/12/2024

Bank of Japan could hike rates as early as next week: Capital Economics

Marcel Thieliant, Asia-Pacific head at Capital Economics, says a rare interview by Bank of Japan Governor Kazuo Ueda saying that a rate hike is "approaching" should be taken as a strong signal that ...

Posted on 09/12/2024

Bain-backed Kioxia to set IPO price as deals hit eight-year high

The memory company, which is set to debut Dec. 18 on the Tokyo bourse, last week set a price range from ¥1,390 to ¥1,520.

Posted on 09/12/2024

Japan’s football talent takes Europe by storm

The number of Japanese football players (both men and women) in major European leagues has surpassed 100, a 90% increase in five years. Success on the international stage has encouraged overseas clubs ...

Posted on 09/12/2024

Japan gov’t submits draft extra budget to Diet for economic package

Japan's government on Monday submitted to parliament a draft supplementary budget for fiscal 2024 worth 13.9 trillion yen ($92.7 billion) to finance a new economic package aimed at easing ...

Posted on 09/12/2024

Who were the 2024 election’s “crypto voters”?

A leading cryptocurrency executive told 60 Minutes crypto's success was not just because of the enormous amount of money the industry spent on ads. It was also because people they described as "crypto ...

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