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Month: May 2020

Posted on 12/05/2020

Monday’s Stock Market Open: US Equities Drop As New Coronavirus Cases Confirmed In South Korea, Japan, China

The total number of coronavirus cases around the world now surpassed 4 million South Korea reported new cluster of cases linked to bars, nightclubs Donald Trump has encouraged more businesses to ... ( read original story ...)

Posted on 11/05/2020

WeWork v. SoftBank: A $3 billion battle involving two ailing companies that were on top of the world 9 months ago

Who could possibly blame SoftBank for walking away last month from its $3 billion tender offer for WeWork shares? Still, the Chinese conglomerate could face an uphill battle in its fight to get out of ... ( read original story ...)

Posted on 11/05/2020

Naotsune Alliance Proposes a New Regional Investment Forum

Naotsune Alliance, a financial advisor for the world of business that provides discretionary investment advisory services for individual clients, wealthy families, institutional investors and ... ( read original story ...)

Posted on 11/05/2020

Japan Moves to Limit Foreign Investment in Half of Listed Firms

Japan detailed an array of companies that will be subject to new rules restricting foreign investment, moving to protect industries it says are core to national security from the influence of foreign ... ( read original story ...)

Posted on 11/05/2020

How ‘Death Ships’ Spread Disease Through The Ages

One of the haunting images of this pandemic will be stationary cruise ships – deadly carriers of COVID-19 – at anchor in harbours and unwanted. Docked in ports and ... ( read original story ...)

Posted on 11/05/2020

Anna van der Breggen: Olympic champion to retire next year after rescheduled Tokyo Games

Olympic champion Anna van der Breggen will retire next year and become a coach with Boels-Dolmans. The Dutch rider, 30, will try to defend her road race title at the rescheduled Tokyo Olympics next ... ( read original story ...)

Posted on 11/05/2020

Japan Warns Off Chinese Coast Guard Ships Chasing Its Fishing Boat In East China Sea

Another minor skirmish took place in the tense East China Sea last Friday (May 8) when the Japanese Coast Guard (JCG) sent patrol boats and warned a group of Chinese Coast Guard (CCG) ships when they ... ( read original story ...)

Posted on 11/05/2020

Vietnamese find lifeline at temple in Nagoya after losing jobs

After losing his job due to the novel coronavirus outbreak and all hopes of living in Japan, a 24-year-old male Vietnamese national has taken temporary refuge at a temple here. “I can’t wait to return ... ( read original story ...)

Posted on 11/05/2020

Japan’s Kobe Steel to cut spending after booking annual loss

Kobe Steel Ltd , Japan's No.3 steelmaker, said on Monday it will cut capital expenditure by a third after one-off charges and weaker demand in steel and aluminium even before the COVID-19 ... ( read original story ...)

Posted on 11/05/2020

Japan could end state of emergency for regions with stable virus cases

Japan could lift a state-of-emergency in many regions this week if new coronavirus cases are under control, the economy minister said on Monday, as it inches towards a gradual return of economic ... ( read original story ...)

Posted on 11/05/2020

Indonesian mobile POS startup Cashlez raises $5.8 million in IPO

JAKARTA -- Indonesia-based mobile point-of-sale (mPOS) startup Cashlez Worldwide Indonesia has raised $5.8 million in an IPO. Cashlez, which provides a mobile point-of-sale ... In 2019, the startup ... ( read original story ...)

Posted on 11/05/2020

Lotte Chief Pursues Hotel Lotte IPO to Gain Leverage

Lotte Group Chairman Shin Dong-bin is expected to accelerate the initial public offering (IPO) of Hotel Lotte to tighten his grip on the remaining South Korean control on Lotte Hotel. The Hotel Lotte ... ( read original story ...)

Posted on 11/05/2020

Coronavirus interrupts world’s longest-running cartoon

TOKYO - Production of the world's longest-running cartoon and a mainstay of the Japanese weekend has been interrupted by the coronavirus, forcing the broadcast of re-runs for the first time in decades ... ( read original story ...)

Posted on 11/05/2020

Tokyo shares end at 2-month peak as lockdown-exit hopes spur cyclicals

Japanese stocks closed at a two-month high on Monday as more countries prepare to reopen businesses from coronavirus-induced lockdown and on positive cues from Wall Street. Highly cyclical air ... ( read original story ...)

Posted on 11/05/2020

Japanese telco SoftBank sees full-year operating profit stable at $8.6 billion

Japanese telco SoftBank Corp on Monday forecast operating profit for the current financial year at 920 billion yen ($8.6 billion), largely unchanged from a year earlier. Japan's third-largest wireless ... ( read original story ...)

Posted on 11/05/2020

Japan Set to Limit Foreign Investing in Half of Listed Firms

Japan detailed an array of companies that will be subject to new rules restricting foreign investment, moving to protect industries it says are core to national security from the influence of foreign ... ( read original story ...)

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