One of the year’s most reliable stock investments has quickly turned into the world’s biggest money-loser after a selloff in Japan that few saw coming.Most Read from BloombergUS Reporter to Be Freed ...
IPO News: SoftBank might make 106% gains on investment in Ola Electric, FirstCry, and Unicommerce
The Japanese digital investment behemoth SoftBank has long been a key participant in the Indian startup scene. SoftBank has made large investments in a number of different industries, and it has now ...
GCash IPO prospects rise with $5B valuation
The prospects for the highly anticipated initial public offering (IPO) of popular e-wallet brand GCash got jacked up after its valuation more than doubled to $5 billion, thanks to fresh capital ...
SoftBank and Naver to Sell Down Stake in Japan’s Line App
A Holdings Corp., a holding company owned equally by Japan’s SoftBank Corp. and South Korea’s Naver Corp., plans to sell down its stake via LY Corp.’s ¥150 billion ($1 billion) tender.Most Read from ...
IPO jamboree: SoftBank sitting on 106% gains in Ola Electric, FirstCry, Unicommerce
While the Japanese tech investor is offering sell shares worth up to Rs 1,287 crore in the three IPOs, it will still be left with up to Rs 11,011 crore of their shares after the companies list on the ...
Nikkei slides 6% as Japan stocks now back to January levels
World shares tumbled Friday, with Japan’s Nikkei 225 index slumping 5.8% as investors panicked over signs of weakness in the U.S. economy.
Japan’s Bank Stocks Log Worst Day Since Pandemic After Rate Hike
Banking stocks, which have been driving the rally in Japanese equities, suffered the biggest drop since March 2020, as investors moved to take profit following the Bank of Japan’s rate hike.
Japan stocks plunge 5% to fresh intraday low since February
TOKYO -- Japanese stocks extended losses Friday morning following a sell-off in U.S. stocks overnight. The benchmark Nikkei Stock Average plunged to 36,107.29 at one point, down 2019.04 points, or 5%, from the previous day's closing, marking a fresh ...
Japan Finance Minister eyes Yen rebound to lower import costs
Japan's Finance Minister Shunichi Suzuki expressed optimism that the yen's recent rebound could help reduce import costs, highlighting the government's close monitoring of foreign exchange movements.
Japanese Stocks Fall Sharply as Yen Strengthens
Japanese stocks fell sharply as the yen strengthened following the Bank of Japan’s rate increase this week and as signs of cooling U.S. economy hit shares on Wall Street overnight.
Nippon Shokubai Announces Indonesian Subsidiary’s Plan to Expand Its Superabsorbent Polymer (SAP) Plant
NIPPON SHOKUBAI CO., LTD. (hereinafter "Nippon Shokubai") headquartered in Osaka, Japan, hereby announces that the company resolved, at its board meeting held on July 30, 2024, to give approval to an ...
Markets tumble, led by 5.8% drop in Tokyo following a tech-driven retreat on Wall Street
World shares tumbled Friday, with Japan’s Nikkei 225 index slumping 5.8% as investors panicked over signs of weakness in the U.S. economy. The declines followed a retreat on Wall Street after weak ...
Japan’s finance minister hopes yen rebound will lower import costs
Japan is closely monitoring foreign exchange movements and hopes the recent rebound in the yen can push down import costs, Finance Minister Shunichi Suzuki said on Friday. After languishing at 38-year ...
Nikkei stock index tumbles in morning on US recession fears
TOKYO (Kyodo) -- Japan's Nikkei stock index briefly slid over 2,000 points Friday morning to a six-month low, in a global market rout stirred by concerns over a recession in the United States after weaker-than-expected economic data. The 225-issue Nikkei ...
Japan’s Suzuki: Will analyze the impact of forex volatility on economy, respond appropriately
Japan Finance Minister Shunichi Suzuki said on Friday that they “will analyze the impact of forex volatility on the economy, respond appropriately.” Will continue to closely monitor forex movements.
Japan closely watching financial market developments: finance chief
TOKYO (Kyodo) -- The government is closely monitoring developments in financial markets after the yen rose sharply and stocks tumbled following the Bank of Japan's interest rate hike, Finance Minister ...