The company was valued at $47 billion in early 2019 when it's biggest financial backer, Japan's SoftBank, invested a additional ... 3 billion to $4 billion through debt offerings prior to its IPO. ( read original story ...)
WeWork to test IPO investor appetite with widening losses
"IPO investors have already been burnt by Lyft and Uber ... according to data provider PitchBook. Its biggest backer is Japan's SoftBank Group, which has invested or committed to invest US$10.65 ... ( read original story ...)
Finance & Accounting Digital Transformation Key Topic At InTheBlack Tokyo 2019
LOS ANGELES and TOKYO, Aug. 14, 2019 /PRNewswire/ -- Following on the success of its recent events in Singapore and Sydney, financial automation software leader BlackLine, Inc. (Nasdaq: BL) is adding ... ( read original story ...)
Bajrang Finance standalone net profit declines 91.67% in the June 2019 quarter
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) ... ( read original story ...)
South Korea’s move to cut tech reliance on Japan likely a mistake
TOKYO -- South Korea announced in early August that it would end its reliance on Japanese suppliers for materials key to its high-tech electronics industry. The move came in response to Japan's ... ( read original story ...)
Tokyo’s Nikkei closes up nearly one percent on US gains
Tokyo's benchmark Nikkei index gained nearly one percent on Wednesday, following rises on Wall Street, as concerns over the US-China trade row eased after President Donald Trump delayed tariffs on key ... ( read original story ...)
Bank of Japan now more likely to ease further, economists say: Reuters poll
TOKYO (Reuters) - The chances the Bank of Japan eases further have increased, according to over half of economists polled by Reuters after the central bank last month committed to expanding ... ( read original story ...)
Japan’s June machinery orders post surprise rebound
TOKYO (Reuters) -- Japan's core machinery orders unexpectedly rebounded in June to post their largest monthly expansion on record, in a sign corporate investment remains resilient to slowing ... ( read original story ...)
Tokyo stocks open higher on Wall St gains
Tokyo stocks opened higher on Wednesday, following rises on Wall Street, as concerns over the US-China trade row eased after President Donald Trump delayed tariffs on key Chinese goods. The benchmark ... ( read original story ...)
Hotel taxes spread across Japan, as towns tap foreign visitors
Roughly 20 municipalities are considering doing so, a survey by Nikkei found. The town of Kutchan in Japan's northernmost prefecture of Hokkaido will collect a 2% lodging fee starting in November ... ( read original story ...)
Why Australia can be Asia’s centre of finance and fintech
In Asia, the dominant financial centres are Singapore, Tokyo and Hong Kong. There’s good reason for that. Japan is the world’s third largest economy so the Japanese multinationals listed in Tokyo give ... ( read original story ...)
Three things Japan can do to mend ties with South Korea
TOKYO -- The traditionally prickly relationship between Japan and South Korea has become even more toxic after a flurry of political and diplomatic flare-ups over the issue of wartime Korean ... ( read original story ...)
Japan stocks slip to 1-week low on global political risks, firmer yen
TOKYO: Japanese shares shed more than 1 per cent on Tuesday, the first trading day after a long weekend, hurt by fresh jitters about the US-China trade war, turmoil in Hong Kong and a firmer yen that ... ( read original story ...)
South Korea to drop Japan from its fast-track trade ‘whitelist’
SEOUL -- In an apparent tit-for-tat move, South Korea said Monday it will remove Japan from its "whitelist" of trusted trade partners, an act that risks exacerbating tensions between the two U.S ... ( read original story ...)
Tokyo shares slip on high yen, falling Asian markets
Tokyo stocks closed down Tuesday as a stronger yen and falls on Wall Street and across the Asia region weighed on the market after three days of holidays. The benchmark Nikkei-225 index lost 1.11 ... ( read original story ...)
Japan says South Korea failed to justify trade restriction
TOKYO (Reuters) - Japan hit back at South Korea on Tuesday for removing Tokyo's fast-track trade status, with the industry minister saying Seoul had failed to explain its reason for the move -- the ... ( read original story ...)