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Tag: ipo

Posted on 29/05/2024

Ryan Salame, part of the ‘inner circle’ at collapsed crypto exchange FTX, sentenced to prison

Salame is the first of the lieutenants of Sam Bankman-Fried to receive jail time for their roles in the 2022 collapse of the cryptocurrency exchange.

Posted on 29/05/2024

A Little Regulation Is Just What Crypto Needs

A bill passed last week by the House would help the US market for digital currencies be competitive with those of other nations.

Posted on 29/05/2024

TBO Tek’s IPO Is Coming: What We Know About Its Business

In contrast to some travel companies that adopted a cautious 'wait and watch' stance, hesitating to launch an IPO amid the uncertain landscape of the travel industry, TBO stood out for its ...

Posted on 29/05/2024

Naver Webtoon’s Nasdaq IPO expected to foster growth of webtoon industry

As Naver Webtoon is anticipated to make its Nasdaq debut later this year, market interest in small and medium-sized webtoon-related companies in Korea is continuing to growing.

Posted on 29/05/2024

Japan stocks lower at close of trade; Nikkei 225 down 0.87%

Japan stocks were lower after the close on Wednesday, as losses in the Marine Transport, Machinery and Warehousing sectors led shares lower.At the close in Tokyo, the Nikkei 225 declined 0.87%.The ...

Posted on 29/05/2024

Bank of Japan Reports Record Stock Gains for Last Financial Year

Japan’s central bank reported record unrealized gains on its stockholdings in the financial year that ended March, reflecting historic rises in Tokyo shares.

Posted on 29/05/2024

Keystone Hardware Wallet: Decentralized Secure Crypto Storage Guide Released

The Crypto Merchant, a leading online platform for trusted crypto products and security information, has published a new guide to keystone ...

Posted on 29/05/2024

Tokyo stocks end down on concern over rising long-term rates in Japan

Tokyo stocks ended lower Wednesday on concerns over the negative impact of rising long-term interest rates in Japan.

Posted on 29/05/2024

Tokyo Stocks Close Lower As Bond Yields Rise

Tokyo stocks closed lower on Wednesday as Japanese government bond yields hit a new high, prompting sell-offs.

Posted on 29/05/2024

Japan must restore fiscal discipline to protect yen’s value, LDP panel says

Japan must also take into account the prospect of rising interest ... reflect those of the powerful Ministry of Finance that oversees the state budget. They contrast with a group of ruling party ...

Posted on 29/05/2024

Collective Wealth Of Japan’s 50 Richest On Forbes List Rises To $200 Billion

The collective wealth of Japan’s 50 Richest on the 2024 Forbes list rose just over 4% to US$200 billion this year, up from $192 billion last year.

Posted on 29/05/2024

Japan’s Nikkei slips as BOJ hike timing weighed

The Nikkei slipped 0.11% to 38,855.37 as of the close, although winners and losers were balanced, with 120 stocks rising versus 101 that fell, with four flat. The broader Topix declined 0.08%, with an ...

Posted on 29/05/2024

Trump Vows to Commute Sentence for Silk Road Founder While Sucking Up to Crypto Bros

Trump’s campaign said last week it would begin accepting crypto donations. While he might not be a crypto bro, there are multiple crypto coins that reference “MAGA” and “Trump,” and his campaign has ...

Posted on 29/05/2024

Crypto Whales Abruptly Accumulate Ethereum-Based Altcoin Sending Volume to Highest Level in 22 Months: Santiment

Crypto whales have been gobbling up an Ethereum (ETH)-based fan engagement token, according to the analytics firm Santiment.

Posted on 29/05/2024

Singtel-KKR a frontrunner to take a minority stake of US$1 bil in STT GDC, according to Reuters

A Singtel-KKR consortium is a frontrunner to buy a minority stake of US$1 billion in STT Global Data Centres, reported Reuters on May 28. Another potential buyer is Stonepeak, a US-based alternative ...

Posted on 29/05/2024

Looks like Masayoshi Son’s plan to go all in on AI is starting to pay off for SoftBank

SoftBank posted a quarterly profit of about $1.5 billion, driven by its big bet on the chip designer Arm Holdings.

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