Rakuten
SoftBank, Rakuten tap Japan’s booming retail demand for bonds
SALES of corporate bonds to Japan’s mom and pop investors are booming, on track to surpass last year’s record as bigger returns draw buyers looking to protect their savings from inflation.
Rakuten billionaire justifies mobile arm losses with big AI bet
The mobile business has stretched the company’s balance sheet
Rakuten starts marketing its third dollar bond offering of 2024
RAKUTEN Group started marketing its third US dollar bond of the year, seeking to take advantage of strong investor appetite for junk rated debt that drove US spreads to their lowest since 2007.
Rakuten slides most since May on fintech reorganisation delay
RAKUTEN Group’s shares slid as much as 6.7 per cent in their biggest intraday drop since May on delays to the Tokyo-based online shopping mall operator’s plans to combine its fintech operations.
Rakuten, eBay team up to test US market for used Japanese fashion goods
JAPAN’S Rakuten Group is partnering with eBay to test US demand for used Japanese fashion goods, made all the cheaper with the yen trading near a 34-year low.
Rakuten boosts junk bond sale to US$2 billion with juicy yield
RAKUTEN Group boosted a junk bond sale to US$2 billion as the debt-laden Japanese company attracted investors with a yield that is significantly higher than similarly rated debt.
Rakuten offers US$1.25 billion junk bond in return to US market
JAPANESE technology firm Rakuten Group is returning to the high-yield bond market with a US$1.25 billion offering after a strong rally in debt it sold earlier this year.
Rakuten Group aims to integrate bank, fintech units
RAKUTEN Group plans to integrate its fintech businesses into one group, it said on Monday, aiming to strengthen collaboration and customer acquisition across areas from online banking and credit cards...
Rakuten Bank shares surge 13% after raising profit forecast
RAKUTEN Bank shares jumped the most in more than four months after the Japanese online lender raised its annual profit forecast, providing a rare boost for its beleaguered parent company.
Rakuten plans US$1 billion bond sale in debt extension effort
JAPANESE technology conglomerate Rakuten Group plans to sell a US dollar bond and repurchase notes maturing this year, as speculative-grade borrowers seize on robust investor demand and the company ad...
