The New York Times first reported Thursday that the San Francisco-based company has halted its IPO plans, and is awaiting more favorable conditions. Later Thursday night, the Wall Street Journal ...
Getting IPO pricing right
Sebi is right in asking for transparency, though the layman will never know what this means given that the red herring report runs into hundreds of pages. The IPO market has always been an enigma.
Instacart Pulls Back on Fourth-Quarter IPO Plans
Fidji Simo, chief executive of Instacart, wrote in a memo Thursday to employees that tumultuous market conditions are making an IPO for the grocery-delivery company “highly unlikely” in 2022.
Intel unit Mobileye prices IPO above range to raise $861 million
The Mobileye logo is seen during the Munich Auto Show, IAA Mobility 2021, in Munich, Germany, September 7, 2021. REUTERS/Wolfgang Rattay/File Photo ...
Japan stocks higher at close of trade; Nikkei 225 up 0.67%
Japan stocks were higher after the close on Wednesday, as gains in the Communication, Rubber and Chemical, Petroleum & Plastic sectors led shares higher. At the close in Tokyo, the Nikkei 225 added 0.
Japan’s life insurers to buy more super-long bonds as yields hit multi-year highs
Japanese life insurers plan to buy more super-long government bonds, enticed by the highest yields since 2014.
Singapore may soon require retail investors to take test before trading crypto, prohibit credit cards
Singapore's central bank has proposed that retail investors take a test and not use credit card payments for trading cryptocurrencies.
More than 4 in 5 U.S. voters say politicians’ crypto position could affect how they vote
As the Nov. 8 U.S. midterm elections grow closer, the Crypto Council for Innovation released a poll of likely voters today highlighting the impact of crypto on voting decisions. Despite hardcore ...
Japan’s Kioxia Puts IPO on Ice While Waiting Out Chip Downturn
Kioxia Holdings Corp. has no immediate plans to proceed with an initial public offering, as the Japanese maker of NAND memory chips grapples with a steep drop in demand.
Yellen respects Japan’s stance of not disclosing fact of fx intervention
Reuters reported that the US Treasury Secretary Janet Yellen respects Japan's stance of not disclosing whether it had intervened in the foreign exchange market, Japan's top currency diplomat said on ...
Dev Protocol raises $1.7M to facilitate creator economy leveraging crypto
in a pre-seed round last year from two local Fukuoka VC firms – Dorgan Beta and FGN ABBALab Tokyo-based Base Food, developing and selling nutritionally complete food products, announced on Wednesday ...
Japan’s Nikkei rises to seven-week high despite tech slump
Japanese shares hit a seven-week high on Wednesday, though gains were limited amid a slide in U.S. futures as domestic investors weighed unexpected weak earnings from technology giants Alphabet Inc ...
Crypto winter is hurting Google’s ad empire
Google's chief business officer said a pullback in spending by crypto companies is one reason for the company's ad slowdown.
Japan stocks higher at close of trade; Nikkei 225 up 1.02%
Japan stocks were higher after the close on Tuesday, as gains in the Transportation Equipment, Electrical/Machinery and Precision Instruments sectors led shares higher. At the close in Tokyo, the ...
Crypto Weekly: How Liz Truss boosted bitcoin
STORY: From how turmoil in the UK gave bitcoin a boost, to why South Africa is getting tougher on crypto traders, these are the week’s big stories in the world of virtual money. Liz Truss may have ...
Crypto May Be Gearing Up For Another Sharp Move
Though crypto bulls are undoubtedly relieved to see their holdings stabilize rather than plunge, there are several chart patterns forming that indicate that another major move may be imminent.