RAKUTEN
BOJ signals December rate hike, but path beyond 1.5% remains uncertain
The Bank of Japan has strengthened signals of a possible December rate hike as inflation remains above target. However, uncertainty over Japan’s neutral interest rate and the impact of higher borrowing costs leaves the central bank’s longer-term tightening path unclear.
Stephen Curry is one of the world’s highest paid athletes with a $350 million net worth : Here’s a look into the Warriors star’s earnings outside NBA and charity efforts
Stephen Curry, the Warriors' iconic point guard, has solidified his legacy in 2026 by ranking among the top-paid athletes worldwide. Notably, he made history as the first NBA player to ink a staggering $200 million contract, bringing his net worth to an impressive $350 million. For the 2026-27 season, he is set to rake in $141 million from various endorsements and businesses.
Four new K-dramas to watch this week on OTT starring Lee Jun Hyuk, Ahn Eun-jin, Bona: The Ordinary Jackpot to A Love Other Than Yours to Dive into You
Fans of K-dramas have much to celebrate as fresh episodes in comedy, romance, and fantasy are on the horizon. Anticipated new series like The Ordinary Jackpot and A Love Other Than Yours are about to premiere, while New Recruit 4: Sabotage and Four Hands, Two Sonatas are wrapping up, with one last week of episodes left. Read on!
Japan's Rakuten to invest at least $100 million in India, increase hiring, top executive says
Rakuten plans a significant expansion in India, investing at least $100 million and increasing its workforce by 8% to bolster its global operations. The internet conglomerate is leveraging AI to improve efficiency across various sectors, including fintech and e-commerce.
Rakuten Group aims to integrate bank, fintech units
The finances of the parent, centred on ecommerce platform Rakuten Ichiba, have suffered since its 2020 launch of a mobile carrier that led to 14 straight quarters of operating losses.
Japanese ecommerce major Rakuten issues $1.8 billion of dollar-denominated 3-year senior notes
The fundraising will allow Rakuten to fully buy back its 10.25% senior notes and 3.546% senior notes due in 2024, which have a combined principal outstanding of $1.75 billion.
Rakuten Group signs pact with OpenAI to develop services
Rakuten said on Wednesday the companies will collaborate on the use of OpenAI apps in Rakuten's products and services.
Japanese ecommerce firm Rakuten set to raise $2.18 billion through share issue
Japanese e-commerce and fintech conglomerate Rakuten Group Inc will raise up to 294.2 billion yen ($2.18 billion) by issuing new shares, it said on Wednesday as it works to offset the financial impact of losses at its mobile business.
Embattled Japanese fintech firm Rakuten announces $2.5 billion share issue to bolster finances
Japanese e-commerce and fintech firm Rakuten Group Inc said on Tuesday it aimed to raise up to 332 billion yen ($2.46 billion) by issuing new shares on the market as well as to founder and CEO Hiroshi Mikitani.
Japan's Rakuten plans to raise around $2.2 billion via new share issue: report
The public offering is expected to raise roughly 300 billion yen ($2.2 billion) but the amount could change depending on Rakuten's share price, which will influence the pricing of its new equity issuance.
E-commerce giant Rakuten opens its biggest office in India, Bengaluru base flaunts eco-friendly design
The new facility has a 2,000-strong staff with space to accommodate over 1,000.
Japanese etailer Rakuten opens group’s largest overseas office in Bengaluru
Located at Cubbon Park, Rakuten - Crimson House Bengaluru is a 20-storeyed building with a capacity for housing over 3,000 employees.
Rakuten enters B2B space in India, launches SaaS product SixthSense
SixthSense, which will be available on a subscription model, will help provide end-to-end visibility of the entire IT environment, from development to business operations, says Rakuten India CEO Sunil Gopinath.
Tech Mahindra sells Altiostar stake to Rakuten for $45 mn
India's fifth-largest IT services provider, Tech Mahindra, has sold its entire stake in US-based Altiostar Networks to Rakuten for $45 million, making the Japanese company a majority shareholder in the virtualised radio access network (RAN) technology firm.
Tech Mahindra to be preferred partner for Japan's Rakuten Communications Platform
Through the agreement, Tech Mahindra will also provide managed IT, security and network services to Rakuten Mobile in Japan, and there are also plans to designate Tech Mahindra as an official reseller of RCP.
Tech Mahindra and Rakuten set up 5G Lab in Tokyo
The 'Rakuten Cloud Innovation Laboratory' is a fully automated testing facility that aims to foster innovation across mobile network.
Tech Mahindra, Rakuten partner for building 5G, 4G labs in India, Japan
Tech Mahindra and Japanese telecom firm Rakuten Mobile Network on Monday said they have entered into an agreement to set up 5G and 4G network labs in Tokyo and Bengaluru.
Rakuten India appoints Sunil Gopinath CEO
Sunil Gopinath joined Rakuten India in 2016 as Senior Vice President of Products and Technology and has led efforts to establish the product.
Infibeam's Sachin Dalal to head Rakuten in India
Sachin Dalal, cofounder of BSE-listed ecommerce firm Infibeam, will spearhead Japanese ecommerce giant Rakuten’s thrust into Indian shores.
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