GMO Internet Inc (9449.T)
20 Mar 2018
TOKYO Japan punished seven cryptocurrency exchanges, ordering two of them to suspend business, in an effort to shore up consumer protection after a $530 million (381.93 million pounds) theft of digital money from Tokyo-based Coincheck Inc earlier this year.
TOKYO Japan punished seven cryptocurrency exchanges, ordering two of them to suspend business, in an effort to shore up consumer protection after a $530 million theft of digital money from Tokyo-based Coincheck Inc earlier this year.
* Exchanges failed to protect users and prevent money-laundering
* Oasis holds 5 pct of GMO Internet's shares (Updates with market reaction, comments from GMO)
TOKYO, Jan 19 Japan's Nikkei share average edged up on Friday morning with financial stocks leading the gains after U.S. yields rose, while GMO Internet soared after an activist fund called on the company to abolish its takeover defences and reduce the power of its founder.
TOKYO, Jan 19 Hong Kong-based activist investor Oasis Management Company has proposed that Japanese internet and cryptocurrency firm GMO Internet reduces the power of its founder and abolishes its takeover defences.
TOKYO, Dec 27 Japan's Nikkei share average inched up on Wednesday, with a rally in crude prices supporting oil-related shares.
TOKYO, Dec 25 Japan's Nikkei share average erased early losses and scraped out gains on Monday as expectations that the Bank of Japan would buy more exchange-traded funds (ETFs) offset drops by financial stocks.
TOKYO, Dec 25 Japan's Nikkei share average inched lower on Monday, weighed by losses on Wall Street at the end of last week, although movement was confined to a narrow range with many other major markets shut for Christmas.
* Says it will merge with three units, GMO Gamepot Inc., Syncloud, Inc and Tokyo-based mobile entertainment firm, effective Dec. 1