CEA Industries stock soared more than 6x on Monday after the Canadian vape-maker announced a dramatic pivot into the cryptocurrency space.
Chinese Crypto Giant Bitmain Plans US Factory in Trump-Era Push
Bitmain Technologies Ltd., the world’s largest manufacturer of crypto mining hardware, plans to open its first US facility in the coming months, a strategic pivot riding the “Made in America” boom in ...
Bank of Japan likely to hold key rate at 0.5% as tariff breakthrough evaluated
The Bank of Japan is expected to hold rates steady during a two-day policy meeting that starts Wednesday. Although Japan and the United States achieved a breakthrough in trade talks last week, ...
Big Japan banks’ overseas loans top $680bn on larger US projects
Overseas loan balances for Japan's three major banks totaled 102 trillion yen ($686 billion) as of the end of March, topping 100 trillion yen for the second straight year ...
Japan’s state-backed JIC to launch $5.4bn fund for big restructuring deals
TOKYO -- The state-backed Japan Investment Corp. will set up an 800 billion yen ($5.4 billion) fund as early as this year for sweeping business overhauls as Japanese companies log a record pace of ...
Inside Robinhood’s Crypto-Fueled Plan For World Domination
First Vlad Tenev blew up the brokerage industry’s fee model. Now, thanks in part to his full-on crypto embrace, he has increased his fortune sixfold to $6 billion as he embarks on a global financial ...
Bank of Japan ‘Must Increase Interest Rates,’ Suntory’s CEO Says
Japan’s central bank should raise rates when its policy board meets this week, and failure to do so will weaken the yen and exacerbate inflation, said Takeshi Niinami, chief executive officer of ...
SoftBank, Schroders Capital set for big gains in Lenskart IPO
Schroders and SoftBank are selling 19 and 25.5 million shares, respectively, emerging as the largest selling institutional shareholders in Lenskart.
Tokyo Metro’s IPO could propel the Japanese … – NBC 6 South Florida
In Japan's biggest IPO in six years, Tokyo Metro raised 348.6 billion yen ($2.3 billion) after pricing its shares at 1,200 yen apiece, according to the company's regulatory filing on Tuesday.
Investment fund EQT aims to acquire Japan’s Fujitec for $2.6 bln, Nikkei says
European investment fund EQT has decided to acquire Japanese elevator maker Fujitec through a tender offer worth more than 400 billion yen ($2.6 billion), the Nikkei business daily reported on Tuesday ...
Lenskart files IPO papers for ₹2,150 crore fresh issue
In 2024, IPO-bound Lenskart was valued at $5 billion after it raised $200 million in secondary investment from Singapore’s state-owned investment giant Temasek and U.S.-based Fidelity. Lenskart was ...
Japan’s Nikkei extends falls on corporate outlook concerns
TOKYO: Japan’s Nikkei share average fell for a third straight session on Tuesday, as concerns over the domestic corporate outlook led investors to lock in profits from a recent rally. The Nikkei was ...
Sweden’s EQT to buy out Japan’s Fujitec in all-share $2.7bn deal
TOKYO -- Elevator maker Fujitec has been targeted for a 400 billion yen ($2.7 billion) buyout by Swedish investment group EQT, sources told Nikkei on Tuesday.
Foreign net buying of Japanese stock continues for 16th week
Foreign investors have been pouring money into Japanese stocks. It's their longest net buying streak for 16 straight weeks in the past 12 years.
China Crypto Firm Bitmain Plans First US Factory in Trump Gambit
Bitmain Technologies Ltd., the world’s largest manufacturer of crypto mining hardware, plans to open its first US facility in the coming months, a strategic pivot riding the “Made in America” boom in ...
Bank of Japan Likely on Hold Though U.S. Trade Deal Cuts Uncertainty
TOKYO—Japan’s central bank policymakers are expected to keep rates on hold this week, even though a trade deal with the U.S. relieves some uncertainty over tariffs and strengthens the case for tighter ...