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Category: FINANCE

Posted on 22/08/2023

U.S., South Korea and Japan gang up on China

A display of strengthened unity and alignment was evident at Camp David, as the U.S. President Joe Biden convened with Asian allies, South Korean President Yoon Suk Yeol and Japanese Prime Minister ...

Posted on 22/08/2023

Arm’s mega IPO could be just around the corner, a year after the biggest chip deal in history fell apart

A hotly anticipated IPO for a company that designs chips for 99% of the world’s smartphones is just around the corner, after it filed paperwork Monday to go public.

Posted on 22/08/2023

SoftBank Chip Unit Arm Files for an IPO Likely to Be 2023’s Biggest

SoftBank confirmed in the filing that in August it acquired a 25% stake in Arm that was held by the Japanese technology investor’s Vision ... expectations” of the value of Arm following the IPO.

Posted on 22/08/2023

Asia markets largely set to rise as 10-year U.S. Treasury yield hits 16-year high

Asia-Pacific markets are largely set to rise even as yields of U.S. 10-year Treasury bonds hit levels not seen in over a decade. The benchmark 10-year Treasury note yield hit a high of 4.34%, reaching ...

Posted on 22/08/2023

SoftBank to unveil Arm IPO plans, the biggest U.S. listing since 2021

Japan's SoftBank, having snubbed London in favor of a Nasdaq listing for chip designer Arm Holdings, will unveil the IPO details on Monday.

Posted on 22/08/2023

What ARM’s expected debut means for the IPO market and SoftBank

Arm, which is owned by SoftBank, is expected to file for its initial public offering as soon as Monday, according to reports.

Posted on 22/08/2023

Last Week on Crypto Twitter: Pumps and Dumps

Crypto Twitter was on fire last week. Market cycles discussion, Elon drama, SBF indictment, failed Shibarium launch - this roundup covers it all.

Posted on 22/08/2023

SoftBank to unveil Arm IPO plans for biggest U.S. listing since 2021

Japan's SoftBank, after snubbing London in favor of a Nasdaq listing for chip designer Arm Holdings, will unveil IPO details on Monday.

Posted on 22/08/2023

Japanese bond real returns to rise as yield curve control phased out – PIMCO

Active management of Japanese bonds are set to be more attractive as the Bank of Japan gradually ends yield curve control, a PIMCO executive said.

Posted on 21/08/2023

Japan expects higher debt costs in FY 2024 after Bank of Japan policy tweak

The Finance Ministry expects a higher interest rate will increase debt-servicing costs for fiscal 2024, reflecting rising long-term g ...

Posted on 21/08/2023

Japan to Raise FY2024/25 Assumed Interest Rate After BOJ Policy Tweak -Kyodo

The upward revision to the rate, which is used to calculate debt interest payments for the annual state budget, is based on rising Japanese government bond yields after the Bank of Japan last month ...

Posted on 21/08/2023

JPMorgan Sees Japan’s Threshold for Yen Intervention at Around 150 Yen Per Dollar

LONDON (Reuters) - Japan's threshold for currency market intervention on the yen is likely to be around 150 per dollar, investment bank JPMorgan's analysts said on Monday.

Posted on 21/08/2023

Japanese Concert Goers ‘Paid For Grimes But Got Elon’ And Not All Of Them Think This Was An Upgrade

An unexpected twist unfolded at the renowned “2023 Summer Sonic” music festival in Tokyo when Japanese concertgoers, who had paid to see the artist Grimes, found themselves sharing the spotlight with ...

Posted on 21/08/2023

Japanese Tech Startups’ Nasdaq IPO Thirst Generates Deal Work for US Law Firms in Japan

The U.S. firm acted as both U.S and Japanese legal counsel to Medirom Healthcare Technologies’ $12.9 million IPO on the Nasdaq back in 2020. Ishikawa points to reasons, ranging from more transparent ...

Posted on 21/08/2023

Arm IPO to Put SoftBank’s AI Hard Sell to the Test

TOKYO (Reuters) - When SoftBank Group-owned chip designer Arm files for a Nasdaq IPO on Monday, investors are set to hone in on a key question - will the company have "exponential growth" due to the ...

Posted on 21/08/2023

Japan’s Nikkei snaps three-day losing streak as investors shake off China worries

Japan's Nikkei share average ended higher on Monday, as investors treaded cautiously after last week's steep losses and shrugged off disappointment over a meagre rate cut in China. The Nikkei closed ...

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