Private equity firm Bain Capital-backed Kioxia filed a registration statement for a Japanese IPO, Reuters reported. Kioxia, which is among the world's largest makers of NAND flash memory, intends to ...
Kioxia to file registration statement for December IPO, sources say
Kioxia said it was planning for an IPO at the appropriate time but that it could not comment further at this time. Bain declined to comment. While the Japanese stock market has been volatile in recent ...
Bank of Japan may be ‘cornered’ into raising rates if yen depreciates quickly after Trump victory: Mizuho
Shoki Omori, chief Japan desk strategist at Mizuho Securities, says if the yen starts to hit the 158-160 level, the Bank of Japan may be forced to raise rates earlier than it intended.
Kioxia Files for Long-Delayed IPO as Samsung’s Lead Grows
Kioxia Holdings Corp. plans to debut on the Tokyo Stock Exchange between this December and June next year in a bid to narrow the yawning gap with memory leader Samsung Electronics Co.
Chip producer Kioxia has doubts about valuation and postpones IPO
Kioxia's IPO has been postponed. The company is now targeting an IPO in December. Reuters reports this based on two people involved in the ...
Japanese Stocks Close Higher. U.S. Election ‘Positive’ in the Short Term.
Japan's Nikkei Stock Average rose 0.3% to close at 39500.37, tracking Wall Street's gains overnight. "We see U.S. election as having net positive implications for Japanese equities short term," JPMorgan's Equity Strategy team said in a report.
Tokyo stocks end mixed as tech gains offset by weak autos
The U.S. dollar fell slightly to the upper 152 yen range in Tokyo after Finance Minister Katsunobu Kato said the government will take "appropriate steps to counter excessive moves" amid the yen's ...
Japan Finance Minister Issues Fresh Warning Against Rapid Weakening of Yen
TOKYO—Japan’s finance minister has issued a fresh warning to the currency market in the wake of Donald Trump’s election victory, which sent the dollar sharply higher against the yen.“We are watching ...
Japan to respond appropriately to excess FX moves, finance minister says
Japanese authorities would take appropriate steps against excess moves in the foreign exchange market, Finance Minister Katsunobu Kato said on Friday, amid expectations that a Donald Trump U.S.
Japan’s Kato: Will closely monitor impact of Trump’s policies on Japan’s economy
Japan’s Finance Minister Katsunobu Kato on Friday that he “will closely monitor the impact of Trump's policies on Japan's economy.” Won't comment on forex levels. Important for currencies to move in ...
Japan’s Tamaki Plays High-Risk Game With Weakened Premier
Japan’s potential kingmaker Yuichiro Tamaki faces a hazardous path as he looks to remain a power broker well beyond Monday’s vote to decide the fate of Prime Minister Shigeru Ishiba.
Eataly Japan’s founder brought Mercato Metropolitano to London—this is the one item he’d would be ‘lost’ without
Mercato Metropolitano founder and CEO Andrea Rasca, walks to work, eats out 70% of the time and has his clothes tailor-made—here’s what his Good Life looks like.
Japan Securities Finance Sees Profits Surge in Q2
Japan Securities Finance Co (JP:8511) has released an update. Japan Securities Finance Co. reported a significant 32.8% increase in profit attributable to owners for the second quarter of FY2024 ...
Japan’s Nikkei Falls on Chip Stocks, Topix Rises After Trump Win
Japan’s Nikkei 225 Stock Average dropped Thursday, weighed by chip-related stocks on concerns about US President-elect Donald Trump’s trade policy. The broader Topix Index held onto gains, buoyed by ...
Binance founder Changpeng Zhao says prison inmates and guards asked him for crypto tips
Binance's founder said in a new interview that he wasn't initially recognized in prison — but word of his vast wealth and crypto know-how soon spread. Being incarcerated, however, limited his outlook on the market. "Many of them asked, like, which coins ...
Crypto Sweep Puts Congress on Notice: Vote With Us or We’ll Come After You With Millions
The cryptocurrency industry took a victory lap Wednesday. Devotees of digital currencies had cause to celebrate: An ally in Donald Trump had taken the White House and a slew of pro-crypto congressional candidates won races that included at least two Senate ...