Japanese technology giant SoftBank celebrated the world's second-biggest IPO for its mobile unit Wednesday but the newly traded shares endured a torrid time in their debut session, plunging nearly ... ( read original story ...)
SoftBank IPO’s Weak Debut Is Still a Win for Masayoshi Son
That’s the biggest decline for a major IPO since Japan Display Inc.’s flop in 2014. Of those who bought at the offered price of 1,500 yen, 90 percent were individuals; the rest were money managers. Th... ( read original story ...)
SoftBank’s bullish IPO backfires as bad news saps momentum
Japanese investors flocked to buy into the world's largest IPO this year and the second biggest in history, which raised 2.6 trillion yen ($23 billion) for the group. Roughly 90% of the shares ... ( read original story ...)
SoftBank telco suffers rare Japan drop on debut after record IPO
The IPO was just shy of the world record $25 billion 2014 listing of Chinese e-commerce giant Alibaba Group Holding Ltd, a SoftBank Group portfolio company. TOKYO: SoftBank Corp shares slumped more th... ( read original story ...)
The Disappointing Telco IPO Is Not A Catastrophe For SoftBank Group Corp. – But It Points To What Could Become One
SoftBank Corp. went public on Wednesday. The IPO was fixed at ¥1,500 per share instead of a price range. The biggest Japanese IPO on record is widely seen as disappointment due to a weak debut. ( read original story ...)
SoftBank’s Telecom Unit Tumbles Below IPO Price in Debut
That’s the biggest decline for a major IPO since Japan Display Inc.’s flop in 2014 and a larger decline in value because of the SoftBank offering’s size. Ninety percent of the investors who bought the ... ( read original story ...)
SoftBank mobile unit in record IPO, flops on debut
Japanese technology giant SoftBank raised a record amount for its mobile unit in the world’s second-biggest ever IPO but the shares plunged in a disappointing debut trading session on Wednesday. A spo... ( read original story ...)
Japan lends its vision to ‘Five Eyes’ intelligence alliance
TOKYO -- Japan is strengthening its relationship with the so-called Five Eyes -- an intelligence pact among the U.S., the U.K., Canada, Australia and New Zealand -- as China expands its military ... ( read original story ...)
Japan’s economic sentiment hits lowest point in Abenomics era
TOKYO -- A barometer measuring the Japanese general public's outlook of future economic conditions fell to the lowest level since Prime Minister Shinzo Abe began his current stint in office. ( read original story ...)
Nikkei rises for 3rd day on trade optimism; chip stocks underperform
TOKYO, Jan 9 (Reuters) - Japan’s Nikkei rose for a third day on Wednesday as signs of progress in Sino-U.S. trade talks boosted confidence, offsetting weakness in chip-related stocks which underperfor... ( read original story ...)
Nikkei rises for a 3rd day on trade optimism; chip-related shares underperform
TOKYO, Jan 9 (Reuters) - Japan’s Nikkei rose for a third day on Wednesday as signs of progress in Sino-U.S. trade talks boosted confidence, offsetting weakness in chip-related stocks which ... ( read original story ...)
Timeline for December 2018
It refers to disasters including heavy rain in western Japan, earthquakes in Osaka and Hokkaidō ... exceeding the previous IPO record of ¥2.3 trillion set by Nippon Telegraph and Telephone in 1987. Ho... ( read original story ...)
Bank of Japan mulls unpleasant policy options if Fed puts rate hikes on hold
Worried by prospects of a pause in the U.S. interest rate hike cycle, the Bank of Japan is shifting focus towards a risk that it may be forced to deploy more stimulus this year to stop sharp yen rises ... ( read original story ...)
Japan edges in on Belt and Road with $643m for Angolan port
TOKYO -- Trading company Toyota Tsusho and the Japan Bank for International Cooperation are joining forces on a port project in Angola that will be the largest of its kind for Japanese businesses. ( read original story ...)
Tokyo court rejects request to end Ghosn’s detention: Jiji
TOKYO (Reuters) - The Tokyo District Court has rejected a request by lawyers of Carlos Ghosn to end the detention of the ousted Nissan Motor Co Ltd chairman, who has been held since his Nov. 19 arrest ... ( read original story ...)
Japan and Australia to try out year-round fruit production
TOKYO -- Japan and Australia will start as early as April a joint project to harvest high-end fruit all year round, taking advantage of two countries' seasonal differences. The two countries will ... ( read original story ...)