Ongoing worries over China's economy weighed Asian equity markets down on Wednesday, while overnight losses on Wall Street further ignited a flight-to-safety.» Read More
WASHINGTON, March 11- The chief executive officer of Japan's SoftBank Corp on Tuesday called the U.S. wireless market an oligopoly plagued by slow speeds and high prices and said his company's Sprint Corp could shake up the competition, but it would require a scale that Sprint cannot reach alone.
WASHINGTON, March 11- The chief executive of Japan's SoftBank Corp on Tuesday called the U.S. wireless market an oligopoly plagued by slow speeds and high prices and said his company's Sprint Corp could shake up the competition, but it would require a scale that Sprint cannot reach alone.
WASHINGTON, March 11- Japan's SoftBank Corp CEO, Masayoshi Son, said another meeting is necessary with U.S. regulators who have so far given him a cold shoulder on a potential merger between Son's Sprint Corp and its competitor T-Mobile US Inc..
March 11- Japan's SoftBank Corp is still trying to buy T-Mobile US Inc and merge it with its U.S. wireless carrier Sprint Corp, SoftBank CEO Masayoshi Son said, even though U.S. regulators appear set against a deal.
NEW YORK, March 10- T-Mobile US expects to engage in some form of cellular industry consolidation, the CFO of the United States' fourth-largest carrier said on Monday, boosting investor expectations that a merger with Sprint Corp could be on the horizon.
OVERLAND PARK, Kansas, March 6- Sprint Corp's senior vice president in charge of network infrastructure is leaving the company, the latest in a series of executive reshuffles following the acquisition of the wireless carrier by Japan's SoftBank Corp last year.
Asian shares mostly saw subdued trade on Thursday, ahead of Friday's U.S. nonfarm payrolls report.
NEW YORK, March 5- Masayoshi Son isn't used to taking no for an answer. It is no secret that Son, known to have threatened self-immolation to get his way in the past, wants to combine Sprint Corp, which Softbank acquired last year, with T-Mobile US Inc as part of his vision to create a global industry leader.
Another executive is leaving Sprint. The company has seen several key leaders exit since it was acquired last SoftBank.
Few bright sparks could be found in dour Asian stock markets on Monday.
*Fast Retailing outperforms, sources say it's interested in J.Crew.
March 1- Another senior executive is leaving Sprint Corp, the U.S. wireless company that has seen several key leaders exit since it was acquired last year by Japan's SoftBank Corp.
TOKYO, Feb 27- Japan's Nikkei average fell for a second day on Thursday, moving further away from a four-week closing hit earlier this week as heightened tensions in Ukraine soured sentiment, dragging down index heavyweights like SoftBank.
*Investors eye impact of Ukraine tensions on global markets. TOKYO, Feb 27- Japan's Nikkei average extended losses into a second day on Thursday, moving further away from a 3-1/ 2- week high hit earlier this week, as the weakening of the yen took a pause and as heightened tensions in Ukraine soured sentiment.
TOKYO, Feb 26- Japan's Nikkei average slipped on Wednesday after hitting a four-week closing high the previous day, as investors' risk appetite cooled after weak U.S. economic data pulled down Wall Street stocks.
TOKYO, Feb 26- Goldman Sachs Group Inc is considering putting money into a major Japanese airport, the latest foreign investor to eye infrastructure projects as Prime Minister Shinzo Abe seeks to open up the market.
*Line's parent Naver says no plan, no reason to sell. TOKYO/ SEOUL, Feb 25- Japan- based Line Corp denied a media report it was in talks to sell a stake to SoftBank Corp- a report that comes after big acquisitions of rival messaging app firms have fanned speculation that it too may be up for grabs. Both Line and its South Korean parent company Naver Corp denied the report.
TOKYO, Feb 25- The Nikkei average advanced to a four-week closing high on Tuesday after a rally in Wall Street shares to historic highs triggered short-covering in battered Japanese stocks. The Nikkei rose 1.4 percent to 15,051.60, its highest close since Jan. 29.
*Softbank gains on report it is seeking stake in Line Corp. TOKYO, Feb 25- The Nikkei average advanced to a 3-1/ 2- week peak on Tuesday after a rally in Wall Street shares to historic highs triggered short-covering in battered Japanese stocks.
SEOUL/ TOKYO, Feb 25- South Korea's Naver Corp said it had no plans to sell a stake in its mobile-messaging service Line Corp after a media report that Japan's SoftBank Corp was seeking to buy part of the fast-growing mobile app operator. Naver, whose shares shot up more than 8 percent on Tuesday on the report, denied it was discussing a possible sale.