Edition:
United States

Sam Nussey

SoftBank brand Ymobile to delay launch of Huawei P30 Lite phone

May 22 2019

TOKYO Japanese telco SoftBank Corp's low-cost mobile brand Ymobile said on Wednesday it would delay the launch of Huawei P30 Lite smartphone, following the imposition of trade restrictions on the Chinese manufacturer by Washington.

Japan fashion magnate raises over $8 million at Sotheby's auction

May 17 2019

TOKYO Japanese fashion tycoon Yusaku Maezawa sold art for more than $8 million at a Sotheby's auction in New York on Thursday night, providing funds to the entrepreneur who previously said he has no money.

Japan fashion magnate raises over $8 mln at Sotheby's auction

May 17 2019

TOKYO, May 17 Japanese fashion tycoon Yusaku Maezawa sold art for more than $8 million at a Sotheby's auction in New York on Thursday night, providing funding to the entrepreneur who previously said he has no money.

REFILE-UPDATE 2-Japan's Rakuten profit jumps fourfold on $1 bln Lyft stake gain

May 10 2019

TOKYO, May 10 Japanese e-commerce firm Rakuten Inc's first-quarter operating profit jumped fourfold as it booked a $1 billion gain on its stake in U.S. ride-hailing company Lyft Inc.

SoftBank Group unveils stock split, rakes in $3.8 billion gain on Uber stake

May 09 2019

TOKYO Japan's SoftBank Group Corp announced a stock split while keeping the per-share dividend unchanged for the year, effectively doubling its shareholder payout, as it also reported a $3.8 billion valuation gain on its stake in Uber. | Video

SoftBank Corp to spend $4 billion to up Yahoo Japan stake, sees profit rising 24 percent

May 08 2019

TOKYO Japanese telco SoftBank Corp said on Wednesday it would spend $4 billion to up its stake in Yahoo Japan Corp and turn the internet company into a subsidiary, a move that would help boost its profit by 24 percent this year.

Japan's SoftBank set for small profit rise, Vision Fund IPO plans eyed

May 07 2019

TOKYO Japan's SoftBank Group Corp is expected to report a small rise in its fourth-quarter profit, while investors look for details on whether the conglomerate plans to monetize its almost $100 billion Vision Fund through an IPO.

Japan's SoftBank set for small profit rise, Vision Fund IPO plans eyed

May 06 2019

TOKYO Japan's SoftBank Group Corp is expected to report a small rise in its fourth-quarter profit, while investors look for details on whether the conglomerate plans to monetise its almost $100 billion Vision Fund through an IPO.

World News