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Japan chip tool firm Kokusai Electric launches $750 million IPO

TOKYO (Reuters) -Chipmaking equipment maker Kokusai Electric said on Thursday it plans to list on the Tokyo Stock Exchange on Oct. 25, setting the stage for what could be Japan's largest initial public offering (IPO) in five years. At Kokusai's indicative price of 1,890 yen per share, the company will offer 111.2 billion yen ($749.88 million) worth of shares and have a market value of 435.5 billion yen. Kokusai said the listing will provide capital for investment in research at a time ...
New York United States Makiko Yamazaki Christopher Cushing Sam Nussey Marelli Holdings
Source: aol.com

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Fire at fuel tank in Russia's Sochi sea resort extinguished -mayor | The Mighty 790 KFGO

(Reuters) - A fire at a fuel tank near an airport in the Russian Black Sea resort of Sochi has been extinguished, the city's mayor said on Wednesday. "There were no casualties," the mayor, Alexei Kopaigorodskyi, said on the Telegram messaging platf...
Krasnodarskiy Kray Alexei Kopaigorodskyi Christopher Cushing Lidia Kelly Russian Black Sea
Source: kfgo.com

GCC countries, US call for demarcation of Kuwaiti-Iraqi maritime borders

KUWAIT :Gulf Cooperation Council (GCC) countries and the United States on Wednesday called for the complete demarcation of Kuwaiti-Iraqi maritime borders, as a ruling by Iraq's top court could upend more than a decade-old maritime agreement between them.Tensions have been rising between Kuwait and Iraq after
Al Qahirah New York United States Khor Abdullah Iraq General Michael Perry

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