Shares in Tokyo Metro, one of the world’s busiest subways, soared almost 50 percent on its debut Wednesday after its government owners raised $2.3 billion in Japan’s biggest initial public offering in six years.Each day around 6.5 million people — more than the London Underground — ride Tokyo Metro’s nine lines, part of a vast transport …
Every day six and a half million people ride Tokyo Metro’s nine lines, part of a dizzyingly complex transport network serving the Japanese megacity and its sprawling suburbs.Tokyo Metro shares rocketed more than 40 percent on their stock market debut Wednesday, raising $2.3 billion in Japan’s biggest initial public offering (IPO) in six years.Here are …
The former chief executive of the Abercrombie and Fitch clothing empire has been arrested and charged with the trafficking of male models for sex parties around the world, US prosecutors said Tuesday.Ex-CEO Mike Jeffries, his partner Matthew Smith and the pair’s fixer James Jacobson allegedly used a “casting couch” ploy to groom aspiring male models …
US Treasury Secretary Janet Yellen appeared to take aim at former president Donald Trump’s economic approach Tuesday, saying the current US administration has “rejected isolationism that made America and the world worse off.”Her opening remarks at a news conference two weeks before the US presidential election come as the International Monetary Fund also issued a …
As Trump touts tariffs, Yellen says US has rejected ‘isolationism’ Read More »
Hyundai Motor had a lacklustre Indian market debut on Tuesday after raising $3.3 billion in the country’s biggest-ever initial public offering, with shares down nearly five percent from their issue price in early trade.A booming stock market in the world’s fifth-largest economy has stoked an IPO frenzy over the last two years, with start-ups and …
Hyundai Motor India shares dip on debut after record IPO Read More »
