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Posted on 21/04/2023

Rakuten Bank shares face glut of buy orders in Tokyo debut after $625 mln IPO

TOKYO, April 21 (Reuters) - Shares of Rakuten Bank Ltd ... which has seen four years of losses from the costly build-out and struggles of its mobile phone business. Reporting by David Dolan; Editing ... ( read original story ...)

Posted on 21/04/2023

Rakuten Bank shares surge in Japan’s biggest IPO since 2018

Bankers running the IPO at Daiwa Securities faced a range of challenges from investors, who questioned the valuation and ultimately forced Rakuten to trim its ambitions for the sh ...

Posted on 21/04/2023

Japan’s broadening inflationary pressures test Bank of Japan’s dovish stance

At Ueda's first policy-setting meeting next week, the BOJ is widely expected to make no major changes to its bond yield control policy, say sources.

Posted on 21/04/2023

Tokyo stocks fall as weak finance shares accelerate decline

Tokyo stocks fell Friday as selling on U.S. recession concerns, triggered by jobless claims data released overnight, spread to financ ...

Posted on 21/04/2023

Osaka court rules banning inmate from wearing tinted glasses when seeing lawyer illegal

The Osaka District court on April 20 ordered the national government to pay 375,000 yen (about $2,800) in damages to a former inmate and his ... ( read original story ...)

Posted on 21/04/2023

First Tokyo Olympic bribery verdict ends with no jail time

The first verdicts in the sprawling Tokyo Olympic bribery scandal have been handed down in Tokyo District Court with defendants found guilt but avoiding jail time ... ( read original story ...)

Posted on 21/04/2023

A documentary on the Great Kanto Earthquake of 1923 has unearthed Japan’s first ‘disaster footage’

Criticized for filming the destruction at the time, the filmmakers involved have provided a look into how people responded to a 7.9-magnitude quake 100 years ago. ( read original story ...)

Posted on 21/04/2023

Republican Hopeful DeSantis to Visit Japan During Global Tour

Florida Governor Ron DeSantis will visit Japan next week as he tests the international waters ahead of a possible decision to seek the Republican nomination for US president.Most Read from ... ( read original story ...)

Posted on 21/04/2023

Bitcoin Moves Toward $28,000 As World’s Largest Crypto Extends Losses

Bitcoin prices dropped today, approaching the $28,000 level after rising above $30,400 a few days ago. What fueled these losses? Analysts weigh in.

Posted on 21/04/2023

Rakuten Bank shares pop in Tokyo debut after downsizing $625 million IPO

Shares of Rakuten Bank Ltd surged as much as 40 per cent in their market debut on Friday, reflecting robust demand for the internet lender after it downsized its $625 million initial public offering ...

Posted on 21/04/2023

UPDATE 2-Rakuten Bank surges in debut after raising $625 mln in Japan’s biggest IPO in years

Shares of Rakuten Bank Ltd surged by more than a third in their market debut on Friday, after the internet bank raised $625 million in Japan's largest initial public offering (IPO) in more than four ...

Posted on 21/04/2023

Japan’s Nikkei edges lower ahead of BOJ meeting

Japan's Nikkei share average inched lower on Friday, erasing early gains driven by the strong performance of chip-related shares, as investors were cautions about making active bets ahead of Bank of ...

Posted on 21/04/2023

Rakuten Bank surges in debut after raising US$625mil in Japan’s biggest IPO in years

TOKYO: Shares of Rakuten Bank Ltd surged by more than a third in their market debut on Friday, after the internet bank raised $625 million in Japan's largest initial public offering (IPO) in more than ...

Posted on 21/04/2023

Japan finmin: 140 bln yen of Credit Suisse AT1 bonds sold in Japan

Japan's financial watchdog has confirmed that about 140 billion yen of Credit Suisse's Additional Tier-1 bonds were sold to mainly wealthy domestic investors in Japan, Finance Minister Shunichi Suzuki ...

Posted on 21/04/2023

Ex-chair of Tokyo Olympics sponsor handed suspended jail sentence

The former chairman of a Tokyo 2020 Olympics sponsor was handed a suspended two-and-a-half-year prison sentence Friday, the first verdict in a spiralling bribery scandal surrounding the ... ( read original story ...)

Posted on 21/04/2023

Aoki ex-chairman receives suspended sentence over Tokyo Games bribery scandal

The Tokyo District Court has handed down suspended sentences to three former officials of a business suit retailer for their involvement in a bribery scandal related to the Tokyo Olympic and ... ( read original story ...)

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