MediciNova enters $30M equity purchase agreement
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CNBC
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Asia markets set to open higher, tracking Wall Street gains amid Fed cut hopes
A woman walks past an electronic board showing the Nikkei 225 index on the Tokyo Stock Exchange along a street in central Tokyo on July 22, 2025. Kazuhiro Nogi | Afp | Getty Images Asia-Pacific markets are expected to open mostly higher, tracking gains on Wall Street after the latest U.S. inflation data lifted the possibility that the Federal Reserve could cut interest rates next month. Happy mid-week from Singapore. Asia markets are set for a mostly higher open. Japan's Nikkei 225 was set to open higher, with the futures contract in Chicago at 43,325, while its counterpart in Osaka last traded at 43,280, against the index's last close of 42,718.17. Futures for Hong Kong's Hang Seng index stood at 25,144, pointing to a higher open compared with the HSI's last close of 24,969.68. However, Australia's S&P/ASX 200 was set to start the day lower with futures tied to the benchmark at 8,852, compared with the index's last close of 8,880.8. — Lee Ying Shan Traders work on the floor of the New York Stock Exchange on August 11, 2025. NYSE The S&P 500 rose 0.8% on Tuesday to hit a new intraday high. Stock chart icon S&P 5D chart During the session, the S&P 500 surpassed its prior high from July 31. A closing high would be the S&P's 16th of the year. Earlier in the morning, the Nasdaq Composite also hit a new intraday high. A record close would be the benchmark's 19th of the year. — Nick Wells, Lisa Kailai Han
![MUFG Bank, Ltd. announces Consolidated Summary Report for the three months ended June 30, 2025 [under Japanese GAAP]](/_next/image?url=https%3A%2F%2Fdims.apnews.com%2Fdims4%2Fdefault%2Fdcac1a4%2F2147483647%2Fstrip%2Ftrue%2Fcrop%2F700x394%2B0%2B28%2Fresize%2F1440x810!%2Fquality%2F90%2F%3Furl%3Dhttps%253A%252F%252Fassets.apnews.com%252F90%252F29%252F4e3c1cc7446089a9101a7bdff4c8%252Fdefaultshareimage-copy.png&w=3840&q=100)
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Associated Press
07-08-2025
- Associated Press
MUFG Bank, Ltd. announces Consolidated Summary Report for the three months ended June 30, 2025 [under Japanese GAAP]
TOKYO--(BUSINESS WIRE)--Aug 7, 2025-- Mitsubishi UFJ Financial Group, Inc. today announced the completion of an interim review of the Japanese-language original version of its quarterly consolidated financial statements for the three months ended June 30, 2025 under Japanese GAAP conducted by a Japanese audit firm in accordance with the interim review standards for interim financial statements generally accepted in Japan. There have been no changes to the Japanese GAAP quarterly consolidated financial statements for the same period originally announced on August 4, 2025. This announcement as well as the original announcement have been made in Japan in accordance with applicable rules of the Tokyo Stock Exchange and the Nagoya Stock Exchange. - End - 1. This financial summary report contains forward-looking statements regarding estimations, forecasts, targets and plans in relation to the results of operations, financial conditions and other overall management of the company and/or the group as a whole (the 'forward-looking statements'). The forward-looking statements are made based upon, among other things, the company's current estimations, perceptions and evaluations. In addition, in order for the company to adopt such estimations, forecasts, targets and plans regarding future events, certain assumptions have been made. Accordingly, due to various risks and uncertainties, the statements and assumptions are inherently not guarantees of future performance, may be considered differently from alternative perspectives and may result in material differences from the actual result. For the main factors that may affect the current forecasts, please see Consolidated Summary Report, Annual Securities Report, Disclosure Book, Annual Report, and other current disclosures that the company has announced. 2. The financial information included in this financial summary report is prepared and presented in accordance with accounting principles generally accepted in Japan ('Japanese GAAP'). Differences exist between Japanese GAAP and the accounting principles generally accepted in the United States ('U.S. GAAP') in certain material respects. Such differences have resulted in the past, and are expected to continue to result for this period and future periods, in amounts for certain financial statement line items under U.S. GAAP to differ significantly from the amounts under Japanese GAAP. For example, differences in consolidation basis or accounting for business combinations, including but not limited to amortization and impairment of goodwill, could result in significant differences in our reported financial results between Japanese GAAP and U.S. GAAP. Readers should consult their own professional advisors for an understanding of the differences between Japanese GAAP and U.S. GAAP and how those differences might affect our reported financial results. To date, we have published U.S. GAAP financial results only on a semiannual and annual basis, and currently do not expect to publish U.S. GAAP financial results for the period reported in this financial summary report. Above is part of the Consolidated Summary Report of Mitsubishi UFJ Financial Group, Inc. under Japanese GAAP for the fiscal year ended June 30, 2025. Mitsubishi UFJ Financial Group (MUFG) makes available financial reports and highlights of MUFG group companies including those of MUFG Bank, Ltd. Please refer to MUFG's website for full information. View source version on CONTACT: MUFG Bank, Ltd. Yoshitaka Sekine, +81-3-3240-1111 Managing Director, Head of Documentation & Corporate Secretary Department Corporate Administration Division KEYWORD: JAPAN ASIA PACIFIC INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE SOURCE: MUFG Bank, Ltd. Copyright Business Wire 2025. PUB: 08/07/2025 05:50 AM/DISC: 08/07/2025 05:49 AM
Business Insider
01-08-2025
- Business Insider
MediciNova enters $30M equity purchase agreement
MediciNov and the Standard Market of the Tokyo Stock Exchange announces a Standby Equity Purchase Agreement for up to $30 million worth of common stock over the course of 36 months. Under the Agreement, the Company shall have the right, but not the obligation, to sell its common stock in individual transactions – or advances – which will be up to 100% of the daily volume traded of MediciNova's (MNOV) common stock during the five days immediately prior to the transaction date. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
