A Hong Kong-based activist investor in Toshiba Corp has asked the Japanese conglomerate to sell its entire stake in Kioxia Holdings when the ... ( read original story ...)
Adam Neumann and Benchmark sold more than $670m in WeWork stock before its botched IPO
Adam Neumann, who was ousted as WeWork’s chief executive last year, sold $361m in shares in 2017 when SoftBank, the Japanese conglomerate, first invested in the company, The Telegraph understands. ( read original story ...)
Singapore stops Zoom for online education as hackers strike
Singapore has suspended the use of Zoom for online education after hackers hijacked a lesson and showed obscene images to students. In what is known as “Zoombombing,” two hackers ... ( read original story ...)
SoftBank warns of huge losses as Vision Fund value collapses
The Japanese company said it expected an operating loss of 1.35 ... Uber was pummeled by investors after going public and continues to trade well below its IPO price. WeWork tried and failed to pull ... ( read original story ...)
EQS-News: CN Logistics International Holdings: CN Logistics Submitted its Hong Kong Main Board IPO Application
The application material shows that Japan Post Holdings Co., Ltd. (through its holding company "TOLL"), together with Mr. Lau Shek Yau John and his daughter (Ms. Lau Ying Cynthia) (through CS ... ( read original story ...)
SoftBank’s Vision Fund Not Feeling So Good, Will Take Nearly $17 Billion Hit Amid Pandemic
Japanese investment titan SoftBank disclosed on Monday that it expects to take up ... which has left it unable to pay rent at some locations. Uber’s IPO last year went badly, with the company ... ( read original story ...)
Masa Son’s tech empire is being rocked by the pandemic. Don’t count him out just yet
Japanese billionaire Masa Son cast himself as a bold, visionary investor betting on the future. Now he's playing defense as the coronavirus pandemic threatens large swathes of his global tech ... ( read original story ...)
Japanese Minister Urges Stricter Social Distancing, Nikkei Says
Japan’s Economy Minister Yasutoshi Nishimura urged residents to further limit contact with other people and warned it could take up to three months to contain the spread of coronavirus unless social ... ( read original story ...)
Japanese stocks dip on profit-taking; Fast Retailing caps Nikkei losses
Japanese shares dropped on Friday on profit-taking ahead of the weekend, with trading volume remaining low due to the Easter holidays abroad. The benchmark Nikkei average .N225 slipped 0.1% to 19,326. ( read original story ...)
Massive short squeeze sends Nikkei to 1-month high; SoftBank Group jumps
Japan’s stock benchmark Nikkei jumped 3% to its highest closing level in more than a month on Tuesday, driven by a gigantic short squeeze, with semiconductor-related companies and retailers leading ... ( read original story ...)
These Charts Indicate Calm Has Returned to Japan’s Stock Market
After bouts of panic selling in March followed by a sharp rebound, trading of Japanese equities has returned to a range that almost looked like normal again. ( read original story ...)
Nikkei bounces back as semiconductor-related shares gain
Japanese shares rebounded on Tuesday, led by semiconductor-related companies and other tech stocks, although trading was subdued as investors awaited earnings from prominent companies. The benchmark ... ( read original story ...)
Japan Unveils Details of Record $994 Billion Stimulus Plan
Japan on Tuesday announced a record 108.2 trillion yen ($994 billion) stimulus package to shield the economy from the coronavirus’ widening fallout as Prime Minister Shinzo Abe declares a state of ... ( read original story ...)
Japan finmin: not considering at all asking BOJ to finance debt
Japan's government is not considering at all asking the Bank of Japan now to finance its debt boosted by stimulus to contain the economic fallout from the coronavirus, Finance Minister Taro Aso said ... ( read original story ...)
Japan to Allow Companies to Extend Deadline for Submission of Financial Reports
Japan will allow companies to extend the deadline for submission of securities and financial reports until the end of September, amid difficulty closing their books for the year ended March 31 due to ... ( read original story ...)
Indonesia Overtakes Japan as Virus Upends Aviation Pecking Order
Indonesia has overtaken Japan to become the world’s third-biggest aviation market as airlines continue to slash passenger capacity because of the coronavirus, according to OAG Aviation Worldwide.The ... ( read original story ...)