Japan’s largest law firm Nishimura & Asahi and Sullivan & Cromwell, together with Simpson Thacher & Bartlett and Anderson Mori & Tomostune, are acting on Rakuten Bank’s $881 million initial public ...
Toshiba Accepts $15 Billion Buyout Offer from JIP, Nikkei Says
Toshiba Corp. accepted a $15.3 billion buyout offer from a Japanese consortium, the Nikkei newspaper reported, as the iconic conglomerate moved a step closer to ending a troubled chapter in its ...
Toshiba to accept takeover bid from group of Japanese companies
TOKYO -- Toshiba is set to accept a takeover offer by a coalition including Japan Industrial Partners (JIP), Nikkei learned on Thursday. The resolution was passed at a board meeting on the day. The ...
Jake Paul and Lindsay Lohan among new batch of celebrities charged by SEC over crypto promotions
The Securities and Exchange Commission also brought charges against crypto entrepreneur Justin Sun and three of his companies.
Japanese shares decline as banking sector worries continue, yen strengthens
SINGAPORE, March 23 (Reuters) - Japan's equities declined on Thursday, tracking a weaker Wall Street, as persistent concerns on the global banking sector following the U.S Federal Reserve's hike and ...
Asia markets set to fall after Fed raises rates; Hong Kong bucks the trend
In Australia, the S&P/ASX 200 dropped 0.77%, and Japanese markets are set to follow in the same direction. The Nikkei futures contract in Chicago at 27,040, and its counterpart in Osaka at 27,010, ...
Japan’s JBIC to lend JPY 2.65 billion to Power Finance Corp
JBIC has proposed to finance some of PFC’s projects which ensure the effective reduction of greenhouse gas emissions and conservation of the global environment ...
White House Slams Crypto As Offering ‘No Widespread Economic Benefits’
Although the underlying technologies are a clever solution for the problem of how to execute transactions without a trusted authority, crypto assets currently do not offer wide
Rakuten Bank’s Japan IPO seen delivering up to $2.5bn valuation
TOKYO -- Japan's Rakuten Bank will make an initial public offering on the Tokyo Stock Exchange on April 21, in a sale expected to give it a market capitalization of up to 333.2 billion yen ($2.52 ...
Japan’s Nikkei ends higher on eased fears over U.S. financial crisis
Japan's Nikkei stock index closed higher Wednesday as financial stocks rallied on eased concerns over the U.S. banking crisis, although jitters remained ahead of the outcome of the U.S. Federal ...
Crypto Is Mostly Over. Its Carbon Emissions Are Not.
After the FTX bankruptcy and broader crypto crash last year, basically all of the celebrities who were promoting crypto have gone silent. “MiamiCoin,” hyped by Miami Mayor Francis Suarez as a new ...
Unregulated crypto ATMs give criminals a loophole to prey on unsuspecting victims
The country has approximately 32,000 crypto ATMs and kiosks that appear like traditional ATMs but instead convert cash into digital cryptocurrency.
DCG-owned crypto exchange Luno replaces CEO, seeks outside investment after layoffs
Marcus Swanepoel, the CEO of crypto exchange Luno, is now executive chairman. He'll focus on helping Luno seek funding from investors other than DCG.
Japan stocks climb almost 2%, leading gains in Asia ahead of Fed’s key rate decision
Asia-Pacific markets are set to rise on Wednesday as investors looked ahead to the U.S. Federal Reserve's latest update on its rate hike decision as the central bank will have to balance fighting ...
Rakuten Bank Seeks $881 Million in Biggest Japan IPO Since 2018
An initial public offering by Rakuten Bank Ltd. is set to fetch the company and its parent as much as 116.6 billion yen ($881 million), putting it on track to be Japan’s biggest listing in more than ...
Japan’s Rakuten plans to list banking unit in US$800 million IPO
TOKYO: Japan's Rakuten Group Inc said it was planning an initial public offering (IPO) of its banking arm next month, in a probable US$807 million listing that would test demand for the e-commerce ...