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Category: FINANCE

Posted on 25/10/2023

FTX Wallets Move Over $10M In Crypto To Wintermute; What’s Going On?

Asset-receiving crypto wallet addresses of FTX and Alameda made significant transfers to Wintermute Wintermute gained a seat on the FTX creditors' committee last year It had funds on FTX when the crypto exchange collapsed last November Asset-receiving ...

Posted on 25/10/2023

Japan stocks higher at close of trade; Nikkei 225 up 0.60%

Japan stocks were higher after the close on Wednesday, as gains in the Mining, Paper&Pulp and Steel sectors led shares higher.At the close in Tokyo, the Nikkei 225 gained 0.60%.The best performers of the session on the Nikkei 225 were IHI Corp.

Posted on 25/10/2023

Japan mulls ~$10B in subsidies for TSM facility, Rapidus – report

Japan intends to secure an additional 1.49T yen (~$10B) in subsidies for two vital semiconductor projects, Bloomberg News reported citing a key ruling party lawmaker for semiconductor chips. The Asian ...

Posted on 25/10/2023

BYD Showcases Electric Prowess at Japan Mobility Show 2023: A First for Chinese Automakers

BYD, the world's leading manufacturer of new energy vehicles, took center stage at the Japan Mobility Show 2023, previously known as the Tokyo Motor Show, at the Tokyo Big Sight. The company exhibited ...

Posted on 25/10/2023

Trader Who Called Last Year’s Crypto Crash Covers Bearish Altcoin Bets

Pseudonymous Trader il Capo Of Crypto, known for predicting last year’s market crash, has squared off loss-making bearish bets in alternative

Posted on 25/10/2023

Japan’s Nikkei gains for 2nd day on Wall Street rise, China stimulus

Japan's Nikkei share average rose on Wednesday, continuing its rebound from a three-week low, as it tracked overnight gains on Wall Street, while Beijing's 1 trillion yuan ($136.8 billion) fiscal package provided an additional tailwind.

Posted on 25/10/2023

Kokusai Electric shares up 29% after Japan’s biggest IPO in years

The stock opened at ¥2,116 and climbed to a high of ¥2,371, valuing the company at ¥546.3 billion ($3.65 billion).

Posted on 25/10/2023

Kokusai Electric Climbs After Japan’s Biggest IPO Since 2018

Japanese chip-equipment maker Kokusai Electric Corp. gained in Tokyo on Wednesday after the largest initial public offering in the country since 2018. Most Read from BloombergIsrael Latest: US ...

Posted on 25/10/2023

Kokusai Electric Becomes Biggest Japan IPO Since 2018

Kokusai Electric, a Japanese builder of tools for making semiconductors, went public on Wednesday in Tokyo's largest public offering in five years.

Posted on 25/10/2023

Japan’s Nikkei rallies broadly amid Wall Street gains, China spending

Japan's Nikkei share average rose strongly on Wednesday, continuing its rebound from a three-week low, as it tracked overnight gains on Wall Street amid solid earnings and robust U.S. economic data.

Posted on 25/10/2023

Kokusai Electric shares jump 29% in Tokyo debut

Kokusai Electric shares jumped 29% in their Tokyo market debut on Wednesday after private equity firm KKR sold shares in the chip equipment maker for $724 million in Japan's largest initial public ...

Posted on 25/10/2023

Japan’s automakers unveil EVs galore at Tokyo show to catch up with Tesla, other electric rivals

We love battery EVs.” Takero Kato, the executive in charge of electric vehicles at Toyota, said that not once, but twice, to emphasize what he considers the message at this year’s Tokyo auto show.

Posted on 25/10/2023

Kokusai Electric to Debut After Japan’s Biggest IPO Since 2018

IPO proceeds this year are about three times higher than the ... Kokusai Electric’s debut takes place amid geopolitical tension over chips, with the US government and allies such as Japan tightening ...

Posted on 25/10/2023

KKR poised for Kokusai payoff with largest Japan IPO since 2018

The American private equity firm acquired the business from Hitachi Kokusai Electric through a tender offer in 2018.

Posted on 25/10/2023

FTX ‘considering proposals’ to restart trading after crypto fraud collapse

Bankrupt cryptocurrency exchange FTX is considering proposals from three bidders to bring trading back to the platform after experiencing one of the most abrupt collapses in industry history, following alleged actions from its founder Sam Bankman-Fried that defrauded customers of billions of dollars.

Posted on 25/10/2023

Buying In Stocks On Pullback In Yields, Rush To Buy Bitcoin

The pullback in yields is bringing in buyers. Two very important earnings for the stock market are Microsoft Corp (NASDAQ:MSFT) and Alphabet Inc Class C (NASDAQ:GOOG). Both report earnings after the ...

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