The Nikkei 225 opened lower Thursday and could not recover, finishing off 0.4% as traders stepped back from chip-makers and other tech issues on a softening outlook for computer and smartphone sales.
Plaid IPO: What You Need To Know
The IPO market tanked, as did Plaid’s plans to go public in the immediate future. Whether Plaid makes sense as an investment once the environment becomes more tolerant of risk, is an open question.
Chip shares drag Japan’s Nikkei lower; travel stocks jump as tourists return
Japan's Nikkei ended lower on Thursday, as Tokyo Electron and Advantest led the losses among chip-related stocks after Micron Technology cut its memory chip supply and capital spending, while travel ...
Japan shares lower at close of trade; Nikkei 225 down 0.35%
Japan equities were lower at the close on Thursday, as losses in the Insurance, Real Estate and Precision Instruments sectors propelled shares lower. At the close in Tokyo, the Nikkei 225 fell 0.35%.
Inside a Once-$10 Billion Crypto Empire That’s Suddenly Cracking
Suspended withdrawals at cryptocurrency brokerage Genesis amid the widening crypto-market meltdown have cast an unwanted spotlight on Barry Silbert, the man at the helm of the Digital Currency Group ...
Fallen Crypto Billionaire Admits His Persona was a Sham in New Interview
FTX via ReutersIf there were lingering doubts about Sam Bankman-Fried’s strategic thinking—assuming one could overlook the bankruptcy filing, the bizarre tweets, and the billions of dollars in missing ...
Chipmakers drag Japan’s Nikkei lower on Micron supply cut
Japan's Nikkei edged lower on Thursday, with chip-related companies Tokyo Electron and Advantest dragging the most after Micron Technology scaled back its memory chip supply and capital spending, ...
Japan Auto Lobby Opposes Plan for Mileage Tax on Electric Vehicles
"We are firmly opposed to the hasty introduction of measures such as a mileage tax without public discussion," said Seiichi Nagatsuka, vice chair of the Japan Automobile Manufacturers Association.
Syla Technologies Corp. Files for IPO
By Stephen Nakrosis Syla Technologies Corp. filed for an initial public offering with the U.S. Securities and Exchange Commission on Wednesday. The ...
SoftBank to sell shares worth $200 mn in Paytm via block deal
BofA Securities is the banker for the Paytm block deal.One97 shares fell over 4.02% to ₹601.30 on Wednesday, far below its IPO price of ₹2,150 a share ...
Renault considers transferring over half of Nissan stake to match holdings – Nikkei
Renault SA may transfer more than half of a stake it owns in Nissan Motor to a trust to match the Japanese carmaker's holdings in itself, the Nikkei newspaper reported on Thursday. Renault would ...
Asia-Pacific markets to trade mixed with a slew of economic data ahead
Shares in the Asia-Pacific are set to trade mixed as a number of economic data is slated to be released in the region ...
Japan logs 2.16 tril. yen trade deficit in October
Japan had a trade deficit of 2.16 trillion yen ($15.5 billion) in October, the Finance Ministry said Thursday. Exports gained 25.3 percent while imports increased 53.5 percent, the ministry's ...
Japan Oct exports jump but higher imports aggravate trade deficit -MOF
Japan's exports grew 25.3 per cent in October from a year earlier, Ministry of Finance (MOF) data showed on Thursday, for the 20th straight month of annual gains driven by the weaker yen's boost to ...
Japan Has Y2,162.3 Billion Trade Shortfall In October
Japan posted a merchandise trade deficit of 2,162.3 billion yen in October, the Ministry of Finance said on Thursday. That missed ...
Japan’s exports log 20th straight month of growth in October
Japan's exports rose for the 20th consecutive month in October, driven by robust overseas demand for autos and semiconductors, Ministry of Finance data showed Thursday.