Son's nose for an investment has turned Alibaba into a stake worth $50 billion as the Chinese e-commerce giant heads for the biggest U.S. tech IPO.» Read More
TOKYO, March 17- Japan's Nikkei share average stumbled to a 6- week low on Monday as escalating tensions in Ukraine soured investor sentiment, although SoftBank Corp jumped after its affiliate said it would go public in the United States. The Nikkei slipped 0.4 percent to 14,277.67, hitting its lowest closing level since February 6.
TOKYO, March 17- Japan's Nikkei share average hovered near a one-month low on Monday morning as escalating tensions in Ukraine dampened risk-appetite, though SoftBank Corp soared after its affiliate said it would go public in the United States.
*Alibaba listing is the most anticipated deal since Facebook's IPO in 2012.
*Alibaba's US IPO move could be a blow to Hong Kong stock exchange. Alibaba's planned U.S. listing is the most anticipated IPO since Facebook Inc raised $16 billion in 2012. Alibaba's decision to go to the United States is a blow to the Hong Kong stock exchange, which was initially the company's preferred venue for the IPO.
HONG KONG, March 15- China's e-commerce giant Alibaba Group Holding Ltd is planning a U.S. Alibaba does not want to miss the technology boom, which has boosted valuations of Internet companies both in the United States and in Hong Kong.
*Metal shares take another hit after copper price hurt on China concern. TOKYO, March 14- Japanese stocks skidded 2.7 percent to a one-month low on Friday morning as concerns over Ukraine and slowing growth in China rattled investors, underpinning the safe-haven yen and hurting exporters.
The "Fast Money" traders share their final trades of the day.
HONG KONG, March 13- Chinese e-commerce giant Alibaba Group Holding is "95 percent certain" to choose New York as the venue for its initial public offering, the Financial Times reported on Thursday, citing unnamed sources close to the deal. The company is no longer discussing a potential listing in Hong Kong, the newspaper added, citing the sources.
TOKYO, March 13- Japan's Nikkei share average edged up on Thursday morning after falling to a one-week low on the previous day as strong machinery data supported sentiment as far as metal shares, which remained pressured on persistent concern about Chinese demand.
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.
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..
The CEO of Japan's Softbank, Masayoshi Son, delivers what he says is a wake-up call to U.S. broadband users in an interview with CNBC.
Some of the names on the move ahead of the open.
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.
Asian shares were a lackluster sight on Monday, with major indexes across the region registering steep declines.
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.