TOKYO -- The Nikkei Stock Average rebounded on Tuesday into the 33,000 territory for the first time in roughly a month, the rally driven by late-blooming restaurant and banking sectors boosted by ...
‘Approval Is Inevitable’—SEC Insider Primes Crypto Market For $15 Trillion Bitcoin, Ethereum And XRP Price ETF Game-Changer
Former U.S. Securities and Exchange Commission (SEC) chair Jay Clayton has said eventual approval of a spot bitcoin exchange-traded fund (ETF) is ...
Saudi Aramco may reclaim the record for the largest IPO
ALBAWABA - Saudi Arabia's national oil company, Saudi Aramco, could regain its position as the leader in public offerings if reports of its $50 billion ...
SoftBank’s chip designer Arm aims to raise up to $4.87 billion in US IPO
(Reuters) -SoftBank Group's Arm is aiming to raise up to $4.87 billion in the chip designer's U.S. initial public offering, a regulatory filing showed on Tuesday. SoftBank (TYO: 9984) is offering 95.5 ...
SoftBank’s Arm aims for over $52 billion valuation in biggest US IPO of the year
SoftBank Group's Arm is seeking a valuation of more than $52 billion in its initial public offering, the chip designer said on Tuesday as it begins marketing for the biggest U.S. stock market ...
SoftBank’s Arm seeking $52 bn valuation, biggest IPO on US bourses this year
Still, the interest in the IPO remains robust, fueled by a desire of its clients to expand their commercial ties with Arm and ensure rivals do not gain an edge. The Japanese conglomerate will own 90.6 ...
SoftBank faces investor scepticism on $55bn price tag for Arm IPO
Cambridge-based Arm is targeting a valuation range of $50bn-$55bn, the FT reported last week. SoftBank paid $32bn to acquire Arm in 2016 but its latest target is below the $64bn valuation implied less ...
Analysing the Potential Parallels: Bitcoin could follow the Nikkei path and soar to record highs
Mike McGlone, the senior commodity strategist at Bloomberg Intelligence, predicts that Bitcoin could follow the Nikkei path, and soar to new peaks.
Japanese regulator seeks to scrap “unrealized gains” tax on crypto
Advocates of the crypto industry in Japan have been demanding a revision of the national tax regime for digital assets for some time. At the end of July, the Japan Blockchain Association (JBA), a ...
Which Is The World’s Most Crypto-Aware Population? ConsenSys Report Shows It’s This African Nation
In a recent global survey, Nigeria has emerged as the country with the highest level of awareness about cryptocurrencies such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). Nigeria holds the ...
From Black Swans To Bright Horizons: Ahead Of G20, A Look At How India Can Unpack Crypto’s Resilience & Potential
OPINION: For longer-term clarity, regulations stand as a pivotal force in shaping emerging sectors, including blockchain and crypto.
A $700 Million Bonanza for the Winners of Crypto’s Collapse: Lawyers
Bankruptcy lawyers and other corporate turnaround specialists have reaped major fees from the bankruptcies of five cryptocurrency companies, including FTX.
Last Week on Crypto Twitter: A Work Of Bart
A big-brain thread came from Stephen Palley last week. Crypto often gets shilled as the best thing since sliced bread, but is “code is law” really much better than the law we already have? Stephen’s ...
Japan’s Nikkei closes at one-month high; JFE slides
Japanese stocks closed at their highest levels in a month on Tuesday, even as profit-taking emerged as the Nikkei index rose afresh above the key 33,000 mark and speculation about new share sales also ...
Japan bond yields stifled by BOJ’s heavy hand as investors hold out
The Japanese government bond market has frozen over, as investors hold out for higher yields while an overbearing Bank of Japan bond-buying programme drains supply. More than a month after the Bank of ...
Japan’s FY 2024 budget requests hit record 114.39 tril. yen
Budget requests by Japanese ministries and agencies for fiscal 2024 totaled a record 114.39 trillion yen ($779 billion), after higher ...