Business Apr 21, 2023
Rakuten Bank shares surge in Tokyo debut after IPO
The IPO was Japan's biggest in over four years, albeit muted by caution about a banking sector reeling from U.S. bank failures.
The IPO was Japan's biggest in over four years, albeit muted by caution about a banking sector reeling from U.S. bank failures.
The Bank of Japan whipsawed global financial markets when it said on Tuesday it would allow rates to rise a little more, signaling a potential end to ultralow rates.
Renault and Nissan said this month they were in talks about the future of their alliance, including Nissan potentially investing in an electric vehicle business being spun out of Renault.
Taro Kono, administrative and regulatory reform minister, said, "We need to do the best we can to prepare for the games at this moment."
The Japanese carmaker says the U.K. provided reassurances in 2016 that Brexit would not affect its competitiveness, when the firm announced a plan to expand operations in the country.