TOKYO Shares of SoftBank Corp , which listed in December in Japan's largest IPO, traded above their 1,500 yen (£11.6) IPO price on Friday for the first time, as investor sentiment warmed to the high-dividend stock.
TOKYO SoftBank Group Corp's second Vision Fund could start investing as soon as next month, founder and Chief Executive Masayoshi Son said, as the technology conglomerate reported a leap in profits at its first $100 billion fund.
TOKYO Japanese telco SoftBank Corp said on Monday its operating profit in the quarter ended June rose 4%, in line with estimates, as the number of mobile users grew.
TOKYO, July 30 SoftBank Group Corp plans to use proceeds from its first Vision Fund to bankroll the $38 billion it has committed to the second, a source said, in a show of unflinching confidence in its huge tech bets commanding sky-high valuations when sold.
TOKYO SoftBank Group Corp plans to use proceeds from its first Vision Fund to bankroll the $38 billion it has committed to the second, a source said, in a show of unflinching confidence in its huge tech bets commanding sky-high valuations when sold.
TOKYO Japanese gaming company Nintendo Co Ltd on Tuesday reported a 10% decline in quarterly profit, far wide of market expectations, as a rise in costs dulled stronger sales of its hybrid home-portable Switch console.
TOKYO SoftBank Group Corp has secured pledges from Microsoft Corp and other investors of around $108 billion for a second Vision Fund aimed at investing in technology firms. | Video
KYOTO, Japan Japanese officials groped on Monday for answers to why a blaze tore through an animation company, amid reports that smoke spread so fast a majority of victims who tried to flee through a rooftop door could not open it in time to escape. | Video
An Iranian tanker at the center of an angry confrontation between Iran and Washington sailed for Greece on Monday after it was freed from detention off Gibraltar, as Tehran said any U.S. move to seize the vessel again would have "heavy consequences".