The term “special relationship” is usually reserved for the alliance between the United States and Great Britain. Yet that term applies almost as well the United States and our oldest democratic ally ... ( read original story ...)
Here’s How Markets Could React If Japan PM Abe Resigns Over Health Fears, Bank of America Says
A sudden resignation by Japanese Prime Minister Shinzo Abe could see the U.S. dollar fall against the yen as political risks in both countries mount, Bank of America analysts said on Thursday. ( read original story ...)
Chipmaker Kioxia to raise up to $3.6bn in Japan IPO
Kioxia Holdings, the memory chip business sold by Toshiba two years ago in an effort to avert financial disaster, will raise up to ¥378bn ($3.6bn) in Tokyo’s biggest stock market listing this year. ( read original story ...)
Nikkei inches up after U.S. tech gains, near 30-year high in dollar terms
Japan's Nikkei eked out small gains on Wednesday, as some technology firms rallied after U.S. tech giants drove the S&P 500 to a record peak overnight, and in dollar terms the benchmark is very close ... ( read original story ...)
Toshiba’s Former Memory Chip Unit Files for Japan IPO
Kioxia Holdings Corp., the memory chipmaker spun out of Toshiba Corp. in 2018, is seeking to raise 81.9 billion yen ($772 million) in Japan’s biggest initial public offering of 2020. ( read original story ...)
Bain-backed memory chipmaker Kioxia launches $3.6 billion IPO
Kioxia Holdings, the world's second-largest maker of flash memory chips, will list on the Tokyo Stock Exchange on Oct. 6 in an initial public offering worth up to $3.6 billion, a regulatory filing ... ( read original story ...)
Japan raises view on exports, but says economic situation still severe
Japan's government upgraded its view on exports and output in August for the second straight month as global demand slowly improves, but authorities cautioned conditions were still severe due to the ... ( read original story ...)
Japan’s Abe to Serve Out Term as LDP Leader, Top Aide Says
Japanese Prime Minister Shinzo Abe should be able to serve out the remainder of his term as party leader ending about a year from now, his right-hand man said, after recent hospital visits raised ... ( read original story ...)
What Is Copy And Paste Crypto Scam? User Warns Of Wallet Address Swapping
A cryptocurrency investor recently lost $350 worth of bitcoins to a copy and paste crypto scam.. In a Reddit post, a user named "seraf1990" warned members of the cryptocurrency Re ... ( read original story ...)
UPDATE 1-Bain-backed memory chipmaker Kioxia launches $3.6 billion IPO – filing
Kioxia Holdings, the world's second-largest maker of flash memory chips, will list on the Tokyo Stock Exchange on Oct. 6 in an initial public offering worth up to $3.6 billion, a regulatory filing ... ( read original story ...)
Japan shares end lower on U.S.-China worries, Fed chief’s speech eyed
Japanese shares closed lower on Thursday, with consumer discretionary and telecommunications stocks leading the declines, as investors were worried about U.S.-China relations and awaited a speech by U ... ( read original story ...)
Pandemic May Push Japan Banks’ Credit Costs to Crisis Levels: BOJ’s Suzuki
Suzuki said the BOJ's massive stimulus programme was helping cushion the economic blow from the pandemic, with the benefits of ultra-loose policy still exceeding the costs. But the strain on financial ... ( read original story ...)
Naomi Osaka Won’t Play in WTA Semifinal Over Blake Shooting
Naomi Osaka will not play in her semifinal match at the Cincinnati Masters in response to the shooting of Jacob Blake and other Black people in the U.S. by police, she said in a statement posted on ... ( read original story ...)
Crypto Conversation: Aave ‘LEND’s Hand to Decentralized Finance Movement
Aave is a decentralized finance money market that allows users to earn interest on cryptocurrency and borrow against it. Aave launched its money market, which is based on the cryptocurrency Ethereum, ... ( read original story ...)
Japan convenience chains retreat from scale in first store cuts
The number of convenience stores across Japan under 15 companies fell 0.5% to 58,250 in fiscal 2019, the first-ever decline in comparable data going back to 1981, a recent Nikkei survey of the ... ( read original story ...)
Japanese AI startup hits $1bn market cap on revenue of $3m
A Japanese artificial intelligence startup that had its IPO last week has exceeded $1 billion in market capitalization, even though it has yet to build a solid earnings track record, in a sign that ... ( read original story ...)