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Tag: finance

Posted on 18/12/2024

Chipmaker Kioxia Rises 10% in Tokyo Debut After Jumbo IPO

Japanese memory-chip maker Kioxia Holdings Corp. will list on Tokyo Stock Exchange’s Prime Market on Wednesday, testing investors’ demand after its initial public offering failed to price at the upper ...

Posted on 18/12/2024

Memory chipmaker Kioxia soars in Japan IPO, reaching $5.8B valuation

Japanese memory chipmaker Kioxia's stock surged about 17% in its IPO debut on the Tokyo Stock Exchange on Wednesday. The share surge, valued the private equity firm Bain Capital-backed Kioxia, at ...

Posted on 18/12/2024

Chipmaker Kioxia up 10% on day after Japan’s 2nd-largest IPO of 2024

Japanese chipmaker Kioxia Holdings Corp. debuted on the Tokyo stock market Wednesday, closing over 10 percent above its initial offer ...

Posted on 18/12/2024

Japan chipmaker Kioxia stock rises 16.9% on first day of trading

TOKYO -- Shares in Japanese chipmaker Kioxia Holdings closed up 16.9% at 1,689 yen in its debut on the Tokyo Stock Exchange on Wednesday, after opening 0.3% below its IPO price.

Posted on 18/12/2024

Tokyo Lifestyle Co., Ltd. Reports First Six Months of Fiscal Year 2025 Financial Results

Tokyo Lifestyle Co., Ltd. ("Tokyo Lifestyle" or the "Company") (Nasdaq: TKLF), a retailer and wholesaler of Japanese beauty and health products, sundry products, luxury products, electronic products, ...

Posted on 18/12/2024

Focus: As bitcoin soars, luxury brands consider accepting crypto payments

Bitcoin’s soaring value has caught the attention of high-end fashion brands and retailers, prompting further interest in offering cryptocurrencies as a means of payment to tap in to fresh pockets of ...

Posted on 18/12/2024

Kioxia’s shares surge in debut, valuing Japan chipmaker at $5.8 billion

By Ankur Banerjee SINGAPORE (Reuters) -Shares of Kioxia soared 14% in their market debut on Wednesday, valuing the Bain-backed chipmaker at more than 890 billion yen ($5.80 billion) and highlighting ...

Posted on 18/12/2024

Kioxia Shares Rise in Trading Debut After $800 Million IPO

Kioxia Holdings’ shares rose in their trading debut following an $800 million initial public offering, driven by strong investor demand for chip makers as the industry rides the ...

Posted on 18/12/2024

Japan’s Honda and Nissan in preliminary merger talks

Japanese auto giants Honda and Nissan are in preliminary merger talks, according to media reports Wednesday, adding that a tie-up would aim to help them better compete against Tesla and Chinese electric vehicle makers.

Posted on 18/12/2024

Japan eyes over 113 trillion yen initial budget for FY 2025

Japan's initial budget for fiscal 2025 is likely to total more than 113 trillion yen ($735 billion) as spending on social security and national defense continues to rise, sources close to the matter ...

Posted on 18/12/2024

Shares in Japan chipmaker Kioxia jump 10% on Tokyo debut

Shares in Japanese chipmaker Kioxia closed 10 percent higher in Tokyo on Wednesday after an initial public offering that valued the firm at more than $5 billion.Its shares closed 10 percent higher at ...

Posted on 18/12/2024

As bitcoin soars, luxury brands consider accepting crypto payments

Bitcoin’s soaring value has caught the attention of high-end fashion brands and retailers, prompting further interest in offering cryptocurrencies as a means of payment to tap in to fresh pockets of ...

Posted on 18/12/2024

Gutting Satoshi — How Bitcoin can be taxed at 110% in Japan

Bitcoin in Japan can sometimes be taxed at more than its own value, leaving heirs and sellers of crypto worse off than they started. A new report from Nikkei ...

Posted on 18/12/2024

Kioxia’s shares rise in debut, valuing Japan chipmaker at $5.3 billion

SINGAPORE (Reuters) -Shares of Kioxia rose 6% in their market debut on Wednesday, valuing the Bain-backed chipmaker at more than 820 billion yen ($5.34 billion) and highlighting steady investor demand ...

Posted on 18/12/2024

Dollar strong ahead of Fed meeting, Japan auto shares surge on Honda-Nissan news

Asian stocks hovered near two-week lows and the dollar hit milestone highs against the Australian and New Zealand dollars on Wednesday in the countdown to an expected U.S. interest rate cut. In Japan,

Posted on 18/12/2024

Trump taps businessman George Glass to be Japan ambassador

WASHINGTON -- U.S. President-elect Donald Trump has picked George Glass, an Oregon real estate developer, fundraiser and former ambassador to Portugal, to be his top envoy to Japan.

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