The parent will sell some 30 percent of SoftBank Corp. It plans to apply to the Tokyo Stock Exchange for the IPO as early as spring, which falls between March and May, and aims to debut the shares in Tokyo and elsewhere, possibly London, around autumn ... ( read original story ...)
Hong Kong stocks hit new milestone, Nikkei rises despite stronger yen
This was the largest increase over this time frame since the firm began tracking this data in 1996. In Japan, the Nikkei Stock Average NIK, +0.30% rose 0.2% as some large financial companies continued to benefit from higher bond yields. Stock benchmarks ... ( read original story ...)
Tokyo stocks close higher, SoftBank jumps on listing hopes
Tokyo stocks closed higher on Monday, supported by record closes on Wall Street, while SoftBank jumped more than three percent after it said it was considering listing its mobile unit. The benchmark Nikkei 225 index gained 0.26 percent, or 61.06 points, to ... ( read original story ...)
SoftBank plans IPO of mobile unit this year: report
The Tokyo-based company said in a statement that such a listing is “one such option,” but no decision has been made to officially proceed with the IPO. SoftBank has been examining ways to unlock the value of its holdings and boost its share price. ( read original story ...)
SoftBank to IPO part of its mobile business: Report
SoftBank Group will list approximately one third of its Japanese mobile business, SoftBank Corp, Nikkei has reported. The publication said the conglomerate would raise up to 2 trillion yen from the IPO, and would also list the telco overseas to be able to ... ( read original story ...)
SoftBank eyes $18B IPO for its mobile business
The IPO would be one of Japan’s largest ever, with the 2 trillion yen SoftBank anticipates it will make coming close to the 2.2 trillion yen netted during the 1987 listing of Nippon Telegraph and Telephone Corp. In a statement on Monday, SoftBank refused ... ( read original story ...)
Japan, Bulgaria agree to boost cooperation on Japan-EU free trade deal
SOFIA (Kyodo) -- Japanese Prime Minister Shinzo Abe and his Bulgarian counterpart Boyko Borissov agreed Sunday to continue working together toward an early implementation of the Japan-EU free trade agreement as Sofia holds the EU's rotating presidency ... ( read original story ...)
Nikkei tracks global equity surge, but weak dollar caps gains
TOKYO, Jan 15 (Reuters) - Japan's Nikkei share average tracked a rise in global equities and advanced on Monday, although the dollar's weakening against the yen capped gains. At 0145 GMT, the Nikkei .N225 was up 0.3 percent at 23,728.69, on track to have ... ( read original story ...)
Semipublic fund to back Japan bid for Malaysia-Singapore rail line
TOKYO -- The government will help a Japanese corporate consortium win a bid for a high-speed rail project straddling Malaysia and Singapore, with plans to provide financial support through a public-private fund. The Malaysian and Singaporean governments ... ( read original story ...)
Softbank plans $18 billion IPO of mobile phone unit this year: Nikkei
The parent will sell some 30 percent of SoftBank Corp. It plans to apply to the Tokyo Stock Exchange for the IPO as early as spring, which falls between March and May, and aims to debut the shares in Tokyo and elsewhere, possibly London, around autumn ... ( read original story ...)
Softbank plans $18 billion IPO of mobile phone unit as soon as spring – Nikkei
The parent will sell some 30 percent of SoftBank Corp, aiming to debut the shares on the Tokyo Stock Exchange and elsewhere, possibly London, around autumn, the newspaper said, without citing any sources for the information. The IPO would rival the 2.2 ... ( read original story ...)
SoftBank eyes $18bn IPO for mobile unit
It seeks to gather funds from overseas investors as well due to the massive size of the IPO, which could rival the record 2.2 trillion yen that Nippon Telegraph and Telephone raised in 1987. SoftBank Group expanded in Japan with telecommunications as its ... ( read original story ...)
Japan Post chief sees bright future beyond mail services
“The IPO was indeed a great step for us — like a ship departing from a harbor to embark on an ocean voyage,” Nagato, 69, said during a recent interview with The Japan Times at the postal giant’s headquarters in Tokyo’s Kasumigaseki distric ( read original story ...)
Japan, Baltic states agree to boost ties, cooperate against North Korea
VILNIUS (Kyodo) -- Japanese Prime Minister Shinzo Abe and his counterparts from Latvia and Lithuania agreed Saturday to strengthen economic ties while seeking cooperation on the security front to rein in North Korea's nuclear and missile ambitions. ( read original story ...)
Abe visits memorial for Japanese diplomat saving Jewish refugees
VILNIUS (Kyodo) -- Japanese Prime Minister Shinzo Abe on Sunday visited a memorial for late Japanese diplomat Chiune Sugihara, who is credited with helping some 6,000 Jewish refugees escape Nazi persecution during World War II. Visiting Sugihara House in ... ( read original story ...)
Corporate Japan embraces UN sustainable development goals
TOKYO -- The term "SDG" has become the latest buzzword for corporate Japan as a growing number of companies look to integrate the United Nations' sustainable development goals into their operations. The 17 SDGs were set by the U.N. in 2015 to tackle global ... ( read original story ...)