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 ...
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 ...
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 ...
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.
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 ...
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 ...
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 ...
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 ...
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 ...
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,
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.
Japan’s exports rise faster than expected, helped by weaker yen
Japan's exports rose faster than expected in November, data showed on Wednesday, helped by a weaker yen and solid global demand although businesses worry protectionist U.S. trade policies will ...
Shares in Japan chipmaker Kioxia rally on Tokyo debut
Shares in Japanese chipmaker Kioxia rallied more than seven percent on their debut in Tokyo on Wednesday after an initial public offering that valued the firm at more than $5 billion.The firm set its ...
Japan’s Honda and Nissan in preliminary merger talks: reports
Japanese auto giants Honda and Nissan are in preliminary merger talks, media reports said Wednesday.A Honda spokesman said Wednesday that a potential merger was already among the possibilities being ...
Kioxia shares climb slightly on debut in Tokyo after $800 million IPO
The company had raised 120 billion yen in its IPO, exercising a overallotment option. Shares were priced at 1,455 yen apiece.
Hondissan? Nissonda? Two of Japan’s Largest Automakers Mull Merger
W ho had Honda and Nissan discussing a corporate merger on their 2024 bingo cards? The Nikkei reports the two Japanese automakers are doing just that, in a tacit acknowledgment th