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Tag: ipo

Posted on 19/03/2025

Semiconductor Materials Maker JX Advanced Metals Soar In Japan’s Biggest IPO Since 2018

Japanese oil giant Eneos raised nearly $3 billion from selling a majority stake in its subsidiary JX Advanced Metals.

Posted on 19/03/2025

Japan’s Nikkei retreats as tech shares drag; BOJ stands pat

Japan's Nikkei share average dropped 0.25%, closing at 37,751.88, as technology stocks fell. The broader Topix, with fewer tech stocks, rose 0.45%. The Bank of Japan kept interest rates steady, and ...

Posted on 19/03/2025

Nikkei 500 Stock Average to add Socionext, Iwatani and 4 others

The reshuffle will add Japanese chip design house Socionext, industrial gas company Iwatani and four other companies to replace six existing constituents, including biotech company Takara Bio. The ...

Posted on 19/03/2025

Japan’s trade balance swung to surplus in February, driven by strong exports

Japan's trade balance recorded a surplus of JPY 584.5 billion, a shift from the JPY 415.43 billion deficit in February 2024. Despite this positive change, the surplus was below the market's projected ...

Posted on 19/03/2025

Stock market today: Asian shares are mixed after Wall Street falls back ahead of Fed rate decision

Asian shares are mixed ahead of a decision on interest rates by the U.S. Federal Reserve. U.S. futures edged higher while oil prices declined.

Posted on 19/03/2025

Japan’s long-tenured outside directors up by a fifth over 5 years

Pressure from outside Japan is also growing. From 2026, U.S. proxy advisory firm Institutional Shareholder Services (ISS) will recommend against the reelection of outside directors overseeing audit ...

Posted on 19/03/2025

Japan’s Nikkei ends at near 3-week high on Wall Street gains, trading firms jump

TOKYO] Japan’s Nikkei share average ended at a nearly three-week high on Tuesday (Mar 18), tracking Wall Street’s overnight gains, driven by trading firms. Read more at The Business Times.

Posted on 19/03/2025

Bank of Japan keeps interest rates unchanged at 0.5%, as widely expected

Following its third rate increase in January, the Bank of Japan held its key short-term interest rate steady at around 0.5% during its March meeting, as anticipated. The policymakers emphasized its ...

Posted on 19/03/2025

JX Advanced Metals’ Shares Rise in Trading Debut After $3 Bln IPO

Shares rose sharply in their trading debut after parent Eneos Holdings spun off its metals subsidiary through an initial public offering of about $3 billion which is the biggest in Japan in more than ...

Posted on 19/03/2025

JX Advanced Metals rises on debut in Japan’s biggest IPO since 2018

The IPO is the largest on the Japanese market since the $23.5bn float of SoftBank’s telecoms arm in late 2018 and tops the $2.3bn raised in October by Tokyo Metro, the capital’s subway operator.

Posted on 19/03/2025

Tokyo stocks rise on weaker yen, BOJ decision to keep rates steady

Tokyo stocks rose Wednesday morning, lifted by a weaker yen supporting exporters and the Bank of Japan's decision to keep interest ra ...

Posted on 19/03/2025

Asian stocks muted, gold near record as BOJ holds rates, yen steadies

Rising odds of the Japanese central bank raising interest rates have helped push the yen 5 per cent higher against the dollar ...

Posted on 19/03/2025

Bank of Japan keeps rates steady as Trump tariffs cast a shadow over economic outlook

Japan's central bank kept its key policy rate steady at 0.5% at Wednesday's conclusion of a two-day meeting. The move, which was in line with market expectations, comes ahead of the U.S. Federal ...

Posted on 19/03/2025

Bank of Japan Leaves Rates Steady as U.S. Uncertainty Heightens

The Japanese central bank held monetary settings steady, taking a breather after raising its policy rate to the highest level in over 16 years at the previous meeting.

Posted on 19/03/2025

Bank of Japan holds steady at 0.5% as trade war escalates, inflation rises

The move was widely expected, with economists all but unanimous in seeing back-to-back rate increases as unlikely from the central bank, which made one in January.

Posted on 19/03/2025

Bank of Japan keeps interest rates steady as widely expected

TOKYO] The Bank of Japan kept interest rates steady on Wednesday, underscoring policymakers’ preference to spend more time gauging how mounting global economic risks from higher US tariffs could ...

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