The suddenness of the Marelli crisis raised red flags among Japanese banks and hurt KKR’s reputation in the country. People close to the IPO plans said the group intended to list Kokusai during a ...
Japan shares extend highs as weak yen boosts autos, energy stocks gain
Japanese equities closed at new highs on Wednesday, with the weakest yen rate since November boosting automakers, while energy shares outperformed amid a surge in crude oil prices.
Japan’s Mizuho bank to join MUFG’s stablecoin platform
Mitsubishi UFJ Trust and Banking Corporation and Web3 developer Ginco Inc. have partnered to introduce what they call Japan's first "crypto asset trust." ...
There are just six bitcoin billionaires in the world, new crypto super-rich report says
Hundreds of millions of people have crypto investments, but only few of them have holdings worth more than $1 million, a new survey shows.
Opening of Osaka casino resort delayed one year to 2030
OSAKA--The nation's first casino-centered integrated resort (IR), planned on a manmade island here, remains a safe bet although the opening will be pushed back a year to around autumn 2030.
North Korean hackers have allegedly stolen hundreds of millions in crypto to fund nuclear programs
North Korea-linked hackers have stolen hundreds of millions of crypto to fund the regime's nuclear weapons programs, research shows.
Japan shares extend gains as weak yen boosts autos, energy stocks rally
Japanese equities pushed to new highs on Wednesday, with the weakest yen rate since November boosting exporters such as automakers, while energy shares outperformed amid a surge in crude oil prices.
Bank of Japan policymaker sees signs of change in Japan’s deflationary mindset
JAPAN is seeing early signs of change in the public’s long-held perception that wages and inflation won’t rise much, central bank policymaker Hajime Takata said, suggesting conditions for phasing out ...
SoftBank’s Arm launches IPO courting T Rowe in $52 bln valuation ask
SoftBank Group's Arm Holdings Ltd launched the roadshow for its blockbuster initial public offering (IPO) on Tuesday as the chip designer tries to convince investors it is worth as much as $52 billion ...
Japan won’t rule out options if FX speculation persists: Kanda
Since then, the authorities have stopped firing warning shorts, keeping traders guessing on Japan's intervention strategy. Kanda, vice minister of finance for international affairs, was speaking to ...
SoftBank-Owned Software Maker Arm Aims to be the Largest IPO of 2023
Arm’s blockbuster IPO will be a litmus test of the market after inflation and interest rate hikes have made investors hesitant.
SoftBank’s Arm targets $52B valuation in 2023’s biggest IPO
SoftBank is offering 95.5 million American depository shares of Arm for $47 to $51 each and is aiming to pull in $4.87 billion on the high end, according to a regulatory filing.
Arm’s IPO could value the chip company at $52 billion. Apple, Google and Nvidia show interest
A who’s who of Big Tech companies is set to invest in one of the most highly anticipated initial public offerings in recent memory, a blockbuster event that could value a British chip designer at as ...
KKR-owned Kokusai Electric eyes Tokyo IPO in October
TOKYO -- Japan's Kokusai Electric, a manufacturer of chipmaking devices, will list shares on the Tokyo Stock Exchange as soon as October, Nikkei has learned, in what would be the biggest offering for ...
Arm Prices IPO. It’s Set to Be the Biggest of the Year.
Arm Holdings is set for a blockbuster initial public offering which will test market appetite for an important technology company. However, its targeted valuation suggests it is accepting it won’t be ...
SoftBank’s Arm aims for over $52 bln valuation in biggest US IPO of the year
The Japanese conglomerate will own 90.6% of Arm's ordinary shares ... The listing is expected to buoy the IPO market globally and fuel other startups to move ahead with their offerings as Arm's ...