Asia
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Kioxia surpasses Toyota to become Japan's most valuable company, benefiting from the AI trend.
Kioxia, a Japanese memory chip manufacturer, has overtaken Toyota to become the country's most valuable company by market capitalization, after its stock surged more than 670% driven by strong demand for AI chips. -
SpaceX raised $2.2 billion from Japanese investors in its largest IPO in history.
SpaceX raised approximately $2.2 billion from Japanese investors, representing about 3% of the total shares offered in its $7.5 billion IPO. -
Japan is urging companies to stop hoarding $1.8 trillion in cash and to boost investment and return profits to shareholders.
Japan is preparing to revise its corporate governance criteria for publicly traded companies, hoping to encourage businesses to invest their $1.8 trillion cash reserves, expand operations, or return returns to shareholders. -
Japan is poised to upgrade cryptocurrency to a financial instrument comparable to stocks, and reduce the tax on Bitcoin to 20%.
Japan is preparing to pass legislation to elevate cryptocurrencies to the status of financial instruments like stocks, paving the way for ETFs and reducing taxes on investment in Bitcoin and Ethereum from a maximum of 55%. -
China is employing a new tactic to pressure Taiwan, sending patrol ships to question foreign commercial vessels.
China has dispatched patrol vessels to inspect and radio foreign merchant ships in waters east of Taiwan for the first time. Analysts view this as a tactical exercise in maritime containment. -
The Asian Development Bank (ADB) warns that Asia risks stagflation due to conflict in the Middle East and the energy crisis.
The Asian Development Bank (ADB) warned that a war in the Middle East is increasing the risk of stagflation for Asian economies due to soaring energy, transportation, and raw material costs. It called for accelerated diversification of energy sources. -
Japanese retail investors enthusiastically subscribed to SpaceX shares after a long period without a mega-deal IPO in the market.
Japanese retail investors flocked to subscribe to SpaceX's IPO shares after the company offered a 30% stake to retail investors and increased its fundraising target in Japan to $2.5 billion. -
A two-front war is raging in Asia! High oil prices and a strengthening dollar are putting pressure on currencies across the region.
A two-front battle rages across Asia! Pressure from soaring oil prices and a stronger dollar is weakening many currencies, forcing central banks to weigh between curbing inflation and supporting the economy. -
Indonesia swallows the bitter pill, raises interest rates and oil prices to regain investor confidence.
Indonesia has swallowed the bitter pill, signaling a significant shift in its economic policy. This includes raising interest rates and oil prices to restore investor confidence and maintain economic stability. -
South Korea closes dollar-denominated transaction for SpaceX IPO, valued at $1.5 billion.
The won recovered after a transaction involving approximately $1.5 billion in exchange for dollars to subscribe to SpaceX's IPO in South Korea entered its final stages, easing pressure on the currency market.































