Japan’s Seven & i Holdings, the parent company of the 7-Eleven convenience store chain, has named a new CEO and plans to sell billions in assets as it tries to fend off a takeover bid from a Canadian ...
7-Eleven owner seeks to fend off takeover with buyback, US IPO
The Japanese owner of 7-Eleven announced on Thursday a raft of new measures to fend off a takeover by a Canadian rival, including a huge share buyback and an IPO of its US unit.
New Proposal From Japan’s Ruling Party Aims To Cap Cryptocurrency Tax at 20%
Japan’s ruling Liberal Democratic Party (LDP) has introduced a proposal aimed at significantly lowering the tax rate on crypto gains from the current maximum of 55% to 20%.
Crypto Czar says U.S. Bitcoin policy cost tax payers $17 billion
Crypto Czar David Sacks warns that the U.S. government's current Bitcoin policy has cost around $17 billion and the taxpayers are footing the bill.
Bitcoin fans have their doubts about Trump’s crypto reserve plan
Prominent crypto figures are questioning the inclusion of five coins in the strategic reserve fund, and some think only bitcoin should be on the list.
Why the art market is growing more friendly to crypto
In an auction of AI- generated art ending on March 5th, Christie’s, the world’s second-largest auction house, will accept crypto on most lots. Sotheby’s, the largest, accepted crypto on all lots for ...
Japan Proposes Crypto-Friendly Reforms: ETF Approval & Tax Cuts on the Table
Japan's ruling party proposes crypto-friendly reforms, including ETF approval and tax cuts on crypto earnings from 55% to 20%.
Brevan Howard’s pitch to deep-pocketed investors: The ‘true risk’ of crypto is not having exposure
Brevan Howard's CEO, Aron Landy, said the firm is ready for the "tipping point" that will lead to institutions flooding into digital assets.
Japan’s Seven & i sells retail business to Bain Capital for $5.4 billion, plans IPO
Japan's Seven & I, the parent company of the Japanese 7-Eleven convenience store chain, says it is selling its supermarket store assets to Bain Capital for about $5.4 billion.
Japan’s largest union group says average 6.09% wage hike sought for 2025
Japan's largest labour union group Rengo said on Thursday its member unions are seeking an average wage hike of 6.09% for this year, outpacing last year's demand, which resulted in the highest wage ...
Japan’s 10-year bond yield hits nearly 16-year high after sell-off in German bonds
"The 10-year JGB yield rose to above 1.4% on expectations that the Bank of Japan would raise interest rates further. Today it got an additional boost from the sell-off of German bonds," said ...
Japan’s Seven & i announces restructuring, new CEO to fend off $47 billion takeover bid
Seven & i Holdings, the Japanese operator of the 7-Eleven convenience store chain, appointed its first foreign CEO and handed him the task of overhauling its business to fend off a $47 billion ...
7-Eleven owner plans IPO of U.S. convenience store subsidiary
TOKYO -- Seven & i Holdings has decided to hold an initial public offering of its wholly owned U.S. convenience store subsidiary, 7-Eleven Inc. (SEI), after 2026, Nikkei has learned.
Japan’s Seven & i set to announce new CEO and restructuring plan, say sources
Seven & I Holdings, the Japanese operator of the 7-Eleven convenience store chain, is expected to announce on Thursday a change of CEO and plans to restructure its business, sources said, in the face ...
Tokyo braces for Trump trade war fallout — Suntory and Sony scramble to build up US supplies
US president Donald Trump stated Monday that "Japan, China, and other places are killing their currency," calling the practice "unfair" and fueling concern ...
Japan’s 10-year bond yield reaches highest since June 2009
JAPAN’S 10-year government bond yield reaches its highest since June 2009 at 1.5 per cent as German bunds suffered their worst sell-off since the months following the fall of the Berlin Wall. Read ...