Kevin Buckland
Stories by Kevin Buckland
Bitcoin surges as Trump suggests plans for a US strategic reserve
Trump had promised to make the US the "crypto capital of the planet".
US fund Artisan Partners urges Seven & i for takeover bid update by Sept 19
Artisan recommended that Seven & i seriously consider ACT's offer.
Bitcoin slumps further as China tightens crypto crackdown
Bitcoin fell as low as $31,333, a two-week trough, dragging down other cryptocurrencies.
Bitcoin drops to new low after Binance probe reports, Tesla fallout
Bitcoin dropped to $45,700, the lowest since March 1, then steadied at $49,312 in Asia morning trade on Friday.
Japan’s Rakuten sees $947m loss from Lyft investment in latest quarter
Rakuten is the biggest shareholder in Lyft with a stake of more than 11 per cent.
Tokio Marine to buy US insurer Pure Group for about $3b
With the purchase of Pure Group, Tokio Marine hopes to secure revenue in the market for insurance for high net worth individuals.
Cash-strapped Japan Display to receive $100m investment from Apple
Japan Display is facing a funding crunch due to Apple’s recent shift away from liquid-crystal displays (LCD) and disappointing sales of the iPhone X
Japan’s Takeda Pharma to raise $4.5b in biggest bond issue ever
Takeda plans to use the proceeds from the planned bond sale to substitute for all or a part of a 500 billion yen loan commitment.
SoftBank’s massive debt pile looks manageable, analysts say
SoftBank’s loan-to-value ratio, its net interest-bearing debt over the value of its investment portfolio, is less than 20 percent, according to sepa
SoftBank takes small step to reduce debt pile with bond buyback
It plans to purchase $750 million worth of outstanding dollar- and euro-denominated notes, and will pay with cash on hand.
