Odakyu Electric Railway Co. plans to set its children's train fare for prepaid rechargeable IC cards at 50 yen (about $0.45) from spring 2022・・・ ... ( read original story ...)
Tokyo Film Festival: Kosovo’s ‘Vera Dreams of the Sea’ Wins Top Prize
Kosovo filmmaker Kaltrina Krasniqi’s semi-autobiographical drama Vera Dreams of the Sea won the Tokyo International Film Festival’s Grand Prix Monday night at a virtual ceremony streamed from the ... ( read original story ...)
Roundup: Tokyo stocks end down on stronger yen, profit locking in
Tokyo stocks finished lower on Monday as market investors locked in the recent gains following the stock market surging to its highes ... ( read original story ...)
Japan had no COVID-19 deaths 1st time in 15 months
Japan has reported no daily deaths from COVID-19 for the first time in 15 months, as infections decline rapidly ... ( read original story ...)
Crypto World Hits $3 Trillion Market Cap as Ether, Bitcoin Gain
The cryptocurrency market is now worth more than $3 trillion. As of 7:38 a.m. in London, the overall market cap of cryptocurrencies hit $3.01 trillion, according to CoinGecko pricing. The third- and ... ( read original story ...)
Every Big Bank Will Think About Crypto Trading, Says Ex-Citi CEO Pandit
Vikram Pandit believes every major financial institution will be considering trading crypto “in one to three years.” ... ( read original story ...)
FTX Backs CoinMENA In $9.5M Seed Round To Build A Crypto Exchange For The Middle East
Headquartered in Bahrain, fiat-to-crypto exchange CoinMENA has secured $9M in seed funding from BECO Capital, Kenetic Capital, Arab Bank Switzerland, Bunat Ventures, FTX investment arm Alameda ... ( read original story ...)
SoftBank Vision Fund posts a record loss as Coupang shares fall
Overall, the Tokyo-based company had a net loss of ¥397.9 billion in ... its stock is down more than 70% from its peak and is trading below the IPO price. “The Chinese regulators have no incentive in ... ( read original story ...)
SoftBank Plans $9 Billion Buyback After Portfolio Losses
Masayoshi Son said his SoftBank Group Corp. will buy back as much as 1 trillion yen ($8.8 billion) of its stock after a decline in the value of its portfolio companies led to a record loss in its ... ( read original story ...)
SoftBank Vision Fund Posts a Record Loss on Coupang’s Plunge
Vision Fund unit as the value of public holdings like Coupang Inc. and Didi Global Inc. plunged. The unit’s loss in the three months ended Sept. 3O was 825.1 billion yen ($7.3 billion), exceeding the ... ( read original story ...)
Paytm IPO will be a big event for SoftBank, says Masayoshi Son
SoftBank had first led a $1.4 billion round in Paytm in 2017, valuing it at $7 billion. It led subsequent rounds too, and its current holdings are worth over 2 times what it has invested. ( read original story ...)
Paytm IPO Opens Today, Subscribed Nearly To 8 Percent On The First Day
The existing investors will sell shares worth Rs 10,000 crore, while fresh shares worth Rs 8,300 crore will be issued. ( read original story ...)
Hunton Andrews Kurth Expands Global Energy And Infrastructure Team With Addition Of Project Finance Partner Sean Conaty In Tokyo
Sean Conaty, an internationally recognized project development and project finance attorney who has advised on some of the most transformative infrastructure projects throughout the South East Asian ... ( read original story ...)
Magnitude 4.0 earthquake strikes near Mombetsu, Monbetsu Shi, Hokkaido, Japan
An earthquake of magnitude 4.0 occurred only 11 minutes ago 55 km northwest of Mombetsu, Japan, Japan's National Research Institute for Earth Science and Disaster Resilience (NIED) reported. The quake ... ( read original story ...)
Bandoh Toyota “had the upper hand” until FCY periods
Toyota SUPER GT driver Yuji Kunimoto believes his Racing Project Bandoh GR Supra had 'the upper hand' in Sunday's Motegi race until two full-course yellow periods altered his car's balance. ( read original story ...)
Tokyo reports 18 new cases of coronavirus
The Tokyo Metropolitan Government confirmed 18 new cases of the coronavirus on Monday. The capital's daily tally has been below 30 for 12 days in a row. Tokyo officials say 10 patients are in serious ... ( read original story ...)