The company was targeting a valuation of about $9 billion and updated its IPO documents in early 2022, but SoftBank later that year reduced its estimate for Oyo to $2.7 billion. The IPO valuation will ...
Oyo plans to cut IPO size amid tech headwinds
In the filing, Oyo will outline plans to sell just a third of the new shares it originally planned, eroding the amount of fresh capital it is expected to receive, one of the people said. The plan ...
Japan’s ex-bank regulator urges lenders to scrutinise portfolios amid market rout
TOKYO: Japanese banks should scrutinise their foreign currency-denominated portfolios and holdings of low-liquidity assets in the wake of the recent global market rout, Tokio Morita, former executive ...
Japan indicts man for killing student with thallium
Prosecutors in Osaka have indicted a man for murdering a female acquaintance with thallium, which was used as rat poison.Kazuki Miyamoto, 37, is accused of killing 21-year-old university student ... ( read original story ...)
Weekly Forex Forecast – NASDAQ 100 Index, Gold, Bitcoin, USD/JPY
Long Bitcoin against the USD – the price declined over the week by 2.20%. Long Japanese Yen against the USD – the price rose over the week by 0.83%. Long of the NASDAQ 100 Index following a daily ...
G7 nations set to push for stricter cryptocurrency regulations at Japan summit in May
The Group of Seven industrial countries will discuss tougher rules on cryptocurrencies to improve transparency, protect investors.
Japan’s Nikkei bounces as weaker yen lifts sentiment; banks weigh
Japan's Nikkei index rose for the first time in three days on Monday, with a weaker yen boosting sentiment in the exporter-heavy market, but worries about a global banking crisis weighed on financial ...
Vietnam’s VPBank Sells $1.5 Billion Stake to Japan’s SMFG Unit
Vietnam Prosperity JSC Bank sold a 15% stake to Japan’s Sumitomo Mitsui Financial Group Inc. for about $1.5 billion, marking the end of a years-long sale process.
Twin toddlers may have climbed shelf, unlocked window before falling to death in Nagoya
NAGOYA -- Two young twin boys who died after falling from the seventh floor of an apartment building in this central Japan city may have climbed up a shelf placed near the window and unlocked it on ... ( read original story ...)
Tokyo demands China free Japan national detained in Beijing
Tokyo is demanding that China release a Japanese national detained in Beijing earlier this month for allegedly breaking the law ( read original story ...)
Poisoned to death: Japan indicts man for killing student with thallium
Kazuki Miyamoto, 37, is accused of killing 21-year-old university student Hinako Hamano last October by lacing her drink with thallium. Thallium was also recently found in his female relative, who has been in a coma since July 2020, ( read original story ...)
Japan’s TEPCO to develop 1.9 GW of offshore wind power in Scotland
Tokyo Electric Power Company Holdings (TEPCO) said on Monday that it had won the rights to develop up to 1.9 gigawatts (GW) of floating offshore wind capacity across two projects in Scotland together with Norway-based company Vargronn. ( read original story ...)
Ski jumping: Ryoyu Kobayashi claims 3rd World Cup win of season
Kobayashi was victorious outside of Japan for the first time in the 2022-2023 season, having won twice on home snow in Sapporo in January. "I'm happy to win finally," the 26-year-old said, adding ... ( read original story ...)
3 Ghibli Park guests in central Japan who posted lewd photos apologize to officials
Three men who had posted obscene photos at Ghibli Park on Twitter visited the Aichi Prefectural Government office on March 22 to apologize, ･･･ ... ( read original story ...)
On this day in history, March 27, 1912, Washington, D.C., cherry trees planted, gift from people of Tokyo
The cherry trees of Washington, D.C. — which blossom beautifully each spring — were a gift from the people of Tokyo and were planted on this day in history, March 17, 1912. ( read original story ...)
Major Aussie airline resumes flights from Melbourne to Tokyo
Australia national carrier Qantas has resumed direct flights between Melbourne and Tokyo for the first time in more than three year ( read original story ...)