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Rakuten Applies to List Brokerage Arm as Debt Concerns Mount

(Bloomberg) Rakuten Group Inc. has taken a step to list its online brokerage arm, as Japan’s e-commerce leader struggles to dispel concerns over its debt levels and ability to make mobile operations profitable. Most Read from BloombergChina Restricts Export of Chipmaking Metals in Clash With USRussian General Still Missing as Defense Chief Slams MutinyLazard Fires Senior Banker for Inappropriate Behavior at PartyBank of America Says it Started Talks With Fed After Stress Test ResultsMusk, Zuc

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