Tag: ipo

BEIJING (Reuters) - Japan talking only about sanctions on North Korea rather than dialogue will be seen as going against United Nations resolutions, Chinese Foreign Minister Wang Yi told his Japanese counterpart. Tensions have continued to rise since North ... ( read original story ...)

Because those hikes were framed as a way to promote health and wellness, they were mostly better received by the public than consumption tax increases, which cover just about everything sold in Japan -- including cigarettes. The Finance Ministry also sees ... ( read original story ...)

Takenaka points to Japan’s heavy dependence on cash as an example ... The fintech trend (a portmanteau of “finance” and “technology”) has made strides in countries such as China, where electronic payments through smartphones are becoming the ... ( read original story ...)

In a statement, the DoF said the Philippines-Japan High-Level Committee on Infrastructure and Economic Cooperation will meet in Tokyo on Monday, their third meeting after the meetings held also in Tokyo in March and in Manila in July. Finance Secretary ... ( read original story ...)

Other key markets in the Asia Pacific region in 2016 were Japan at $398 million, South Korea at $376 million, Singapore at $164 million, and India at $124 million. The alternative finance sector in the Asia-Pacific totalled $102.8 billion in 2015 ... ( read original story ...)

According to Japans Ministry of Finance data statistics showed that Japanese steel exports totaled 3.15 million tons in August of this year, increased by 6.3% compared with previous month, down by 9.5% compared with the same period of last year ... ( read original story ...)

TOKYO -- The blockbuster stock market debut of PKSHA Technology here Friday raises the hope that it may spark a much-needed rush of investment into Japanese startups specializing in artificial intelligence technology. PKSHA -- whose early investors include ... ( read original story ...)

It cited people close to the deal. The insurer declined to comment on the pricing of the initial public offering (IPO). Japan's SoftBank Group Corp (>> SoftBank Group Corp) agreed to buy a total stake of just under 5 percent for about $550 million in ... ( read original story ...)

Just sign up with Valu and start selling shares. According to this story in Bloomberg, the Japanese start-up is enabling any individual or business, from “fisherman and YouTube celebrities to pastry chefs and social media mavens” to sell shares (called ... ( read original story ...)

The public debut, seen as a test of the market for financial technology offerings in Hong Kong, attracted cornerstone investors such as Japan’s SoftBank. The IPO is the world’s first “insurtech” public offering. Insurtech companies seek to use ... ( read original story ...)

ZhongAn has priced the IPO at HK$59.7 (US$7.6) per share ... According to the prospectus, Japan’s SoftBank Group is a cornerstone investor, agreeing to subscribe for 71.9 million shares at the offer price, 36.08 per cent of its shares on offer and ... ( read original story ...)

Japan's SoftBank pledged $550m for a five per cent stake as part of the IPO. Alibaba-affiliated Ant Financial is the company's largest shareholder. Reuters has previously reported that Ant Financial is considering its own float in Hong Kong. The insurtech ... ( read original story ...)

TOKYO, Sept 22 (Reuters) - Japan’s Nikkei share average slipped from a two-year high on Friday after North Korea threatened to test a hydrogen bomb in the Pacific Ocean, ratcheting up tensions with the United States and its allies. Still, the market ... ( read original story ...)

The Bank of Japan kept its monetary stimulus unchanged Thursday, but a dovish new board member opposed the decision in his first meeting, an unexpected dissension on a board chosen entirely by Prime Minister Shinzo Abe. Still, BoJ Governor Haruhiko Kuroda ... ( read original story ...)

Lower levels of inflation are not new to Japan. Inflation in Japan has been low for close to three decades. Only in recent months, with a generous stimulus package from the Bank of Japan, have we seen green shoots in Japanese inflation. The BOJ’s (Bank ... ( read original story ...)

Just another example of a big bank looking to work with fintech firms. As the interest in digital currency grows stronger, Japanese banks are also jumping on the bandwagon. There are plans to establish a digital currency by 2020, which may be called J Coin ... ( read original story ...)