Dollar

Rakuten Launches Its Third Dollar Bond Offering of 2024 Amid Market Developments

18 days ago

In a strategic move to bolster its financial standing, Japanese e-commerce giant Rakuten has officially commenced the marketing process for its third dollar bond offering in 2024. This decision comes as the company seeks to stabilize its balance sheet and expand its access to international capital markets. The dollar-denominated bonds are anticipated to attract a wide range of institutional investors, enhancing Rakuten's position in a competitive landscape.

Rakuten Reenters Dollar Bond Market with Ambitious Hybrid Notes

21 days ago

In a significant financial maneuver, Japanese e-commerce giant Rakuten has announced plans to re-enter the dollar bond market, aiming to raise substantial funds through the issuance of hybrid notes. This move is indicative of Rakuten's ongoing strategy to strengthen its financial position amid evolving market conditions and its increase in global market activities.

Alibaba Breaks Silence on Dollar Bonds: A Bold Return to the Global Market

1 month ago

In a significant move signaling its recovery and renewed confidence, Chinese e-commerce giant Alibaba has announced its first issuance of dollar-denominated bonds since 2021. This marks a pivotal moment for the tech company, which has faced a multitude of challenges in the past two years, including regulatory crackdowns and economic uncertainties in China.

JPMorgan Launches JPM Coin for Seamless Dollar-Euro Blockchain Transactions

2 months ago

JPMorgan Chase is set to revolutionize the financial landscape with the introduction of its digital currency, JPM Coin, designed specifically for facilitating instant transactions between the U.S. dollar and the euro. This innovative move aligns with the bank’s commitment to harnessing blockchain technology for enhanced efficiency and speed in cross-border payments.

OpenAI Secures Massive $6.5 Billion in Latest Funding Round

3 months ago

The pragmatic news in the technology world is that Open AI successfully closed its new funding round, raising over 6.5 billion dollars. It follows from an announcement on October 2nd of very robust confidence by investors in future projects that the Artificial Intelligence research lab will carry out.

Bitcoin Falls as Investors Retreat to Haven Assets Amid Escalating Conflict

3 months ago

Bitcoin was way down on Monday as investors fled to more traditional havens such as gold and the US dollar from riskier assets. This comes when growing tensions and uncertainties emanating from this latest geopolitical conflict have forced investors into revisiting their positions in digital cryptocurrencies.