SoftBank Group disclosed the registration statement for a proposed Arm IPO today. The Japanese investment conglomerate acquired the semiconductor technology company for $32 billion back in 2016, and ...
Japan’s Nikkei rises for second day led by banks, chip stocks
Japan's Nikkei share average rose for a second day on Tuesday, with banks climbing amid a surge in bond yields and chip-related shares tracking gains in Wall Street peers. The Nikkei gained 0.67% to ...
Japan’s 10-year yield hits over nine-year high, crosses BOJ intervention level
Find out more about subscription packages here. JAPAN’S 10-year government bond yield hit a more than nine-year high on Tuesday (Aug 22), crossing a level that had prompted the central bank to ...
Naomi Osaka teams up for practice with LA Lakers’ Rui Hachimura
The former world No. 1 recently gave birth to her first child and has been looking to make good on her promise to return to action next season with help from the NBA star. ( read original story ...)
How Naomi Osaka Is Helping Empower Families To Better Navigate Mental Health
In the face of the modern world's increasingly complex challenges, mental health has become essential to well-being. ( read original story ...)
Tokyo stocks higher in morning on firm tech shares, weak yen
Tokyo stocks were higher Tuesday morning, as technology-related shares tracked overnight gains among their U.S. counterparts, while a weak yen supported export issues. The 225-issue Nikkei ... ( read original story ...)
North Korea tells Japan of launch plan, a possible 2nd try to put up spy satellite
North Korea told Japan on Tuesday it plans to launch a satellite in the coming days, possibly a second try to put a military spy satellite into orbit three months after its first effort failed, Japanese officials said. ( read original story ...)
Japan to start releasing Fukushima plant’s treated radioactive water to sea as early as Thursday
The Japanese government treated and diluted radioactive wastewater from the Fukushima Daiichi nuclear power plant will be released into the ocean as early as Thursday ... ( read original story ...)
China and Japan have a little less appetite for U.S. Treasurys
In Japan, currency also plays a role in reduced appetite for U.S. Treasurys. The yen is at a decades low, and some investors think it might rise as interest rates rise in Japan. If the currency does ... ( read original story ...)
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 ...
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.
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.
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 ...
Tokyo Electron: World’s Second-Largest Equipment Company Is Oversold As Japan Sanctions On China Begin
Summary Tokyo Electron reported a 29.8% QoQ decrease in sales and a 45.8% QoQ decrease in net income for Q1 2024.The company attributed the decline to weak demand for final products and adjustments in ... ( read original story ...)
Air Force unveils football uniform honoring WWII raid on Japan. Not everyone is happy
The Air Force Academy has been praised and criticized for its new alternate football uniform that honors the Doolittle Raiders, who attacked Japan during World War II. ( read original story ...)
Navy Relieves Skipper of Japan-Based Destroyer USS Howard
T he Navy's statement did not go into why Cmdr. Kenji Igawa was relieved, he was being praised by the sea service only months prior in a story written by the staff of the commander of Naval Surface Forces. ( read original story ...)