To the growing list of things that make gaming startup Coly Inc. unusual, it can add one of the best market debuts in recent Japanese history. ( read original story ...)
SoftBank-backed Coupang seeks over $50-bil valuation in U.S. IPO
South Korea's Coupang Inc, which is backed by SoftBank Group Corp, is targeting a blockbuster stock market debut that would value the e-commerce giant at well over $50 billion and make it the largest ... ( read original story ...)
Musician 3LAU sells the world’s first-ever crypto-digital albums, making $11.6 million in under 24 hours
One song from 3LAU's album sold for over $3.6 million. The EDM artist said NFTs could help musicians subsidize concert revenue losses from 2020. ( read original story ...)
Coinbase Is a $100 Billion Crypto Cult
Coinbase Global Inc. plans to go public under a direct listing that values the largest U.S. digital-asset exchange at almost $100 billion. The service the company offers is the same basic principle as ... ( read original story ...)
SPAC Issuance at Record Highs
Welcome to the Capital Note, a newsletter about business, finance, and economics. On the menu today: the SPAC craze continues, an ill-fated Softbank investment, the Carlos Ghosn plot thickens, and a ... ( read original story ...)
Japanese and Swiss central bank shares soar in exuberant markets
The listed shares of the Japanese and Swiss central banks rose sharply on Tuesday, without any apparent reason, possibly reflecting high levels of investor exuberance in markets awash with cash. March ... ( read original story ...)
Japan’s Revised Oct.-Dec. GDP Growth Estimated at Annualized 12.5 Pct
The revised growth rate for Japan's price-adjusted real gross domestic product in October-December 2020 will be 12.5 pct on an annualized basis, according to the average estimate by 11 private-sector ... ( read original story ...)
Tokyo to ask for around 2-week extension of state of emergency: Nikkei
Tokyo will ask the Japanese government to extend a state of emergency by about two weeks for the capital and three neighbouring prefectures due to a slowdown in the decline of COVID-19 cases, the ... ( read original story ...)
Goldman Sachs Returns to Crypto Markets
Goldman Sachs has restarted a cryptocurrency trading desk that was halted after the last major bull run of 2017, according to Reuters. The rebooted desk will ... ( read original story ...)
Nureca IPO Listing Gains – Market Guru Anil SInghvi has this important message for investors
Nureca IPO listing gains or not? That is the question on most inevstors in mind regarding Nureca IPO. Zee Business Managing Editor Anil Singhvi has stepped in to provide the roadmap going forward. ( read original story ...)
SoftBank-backed Coupang aims to deliver mammoth U.S. IPO at over $50 billion valuation
The IPO would also mark a major win for SoftBank’s $100-billion Vision Fund, furthering a turnaround that has seen the fund swing rapidly from huge losses to record profit. Founded in 2010 by Harvard ... ( read original story ...)
UPDATE 1-SoftBank-backed SPAC chops IPO size to $280 mln
SVF Investment Corp. 3, a blank-check firm backed by SoftBank Group Corp, cut the size of its initial public offering to $280 million from $350 million, a regulatory filing showed on Monday. ( read original story ...)
AWS Launches Second Region in Japan
Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ:AMZN), today announced the launch of a second full region in Japan, the AWS Asia Pacific (Osaka) Region. The region is an expansion of ... ( read original story ...)
Should You Invest in Crypto?
Dana Anspach of Sensible Money makes the case for some to invest a small percentage of assets in crypto. When I was growing up, my dad worked in the technology field serving the banking industry. He ... ( read original story ...)
‘Play by the rules or we will shut you down,’ says NY AG to crypto industry
Following a settlement between the New York Attorney General's office and Bitfinex and Tether, Letitia James said she she aims to "shut down Coinseed’s fraudulent operation" and warned the entire ... ( read original story ...)
Japan stocks set to rise at the open following overnight gains on Wall Street; RBA rate decision ahead
Futures pointed to a higher open for Japanese stocks, the Nikkei futures contract in Chicago was at 29,975 while its counterpart in Osaka was at 29,850. That compared against the Nikkei 225's last ... ( read original story ...)