The dollar rose against a basket of major currencies after U.S. housing starts rose by more than expected in June. » Read More
Softbank will likely be more concentrated with its internet investments after Nikesh Arora's abrupt departure, says T. Rowe Price's Joshua Spencer.
SoftBank said President Nikesh Arora would resign as of Wednesday's shareholders meeting, less than two years since he joined.
Tencent said on Tuesday it will buy most of Finnish mobile gaming firm Supercell from SoftBank and other shareholders for $8.6 billion.
Since 2011 SoFi has grown into the second-largest online lender in the market, having funded $7 billion in loans as of January.
Asian markets closed mixed Monday, with Japan shares falling, as a disappointing U.S. jobs report weakened the dollar and boosted regional currencies.
Singapore state funds bought $1 billion of shares in Chinese e-commerce company Alibaba as part of an $8.9 billion sale by Japan's SoftBank.
Apple partner Didi Chuxing is building a war chest, raising a new round of funding that is bigger than ridesharing rival Uber's latest $3.5 billion.
Shares of Alibaba fell more than 4 percent Wednesday after Japan's SoftBank announced it would sell at least $7.9 billion of equity in the company.
Most major Asian markets ended lower Wednesday after mixed signals from China's PMI data and better-than-expected Australian economic growth.
Jefferies' Atul Goyal says Softbank's divestment of Alibaba shares was a good move as it would help investors focus on other areas of its balance sheet.
Check out the companies making headlines after the bell Tuesday: Alibaba, Under Armour, Staples and more.
The popularity of mobile apps may be waning overseas but they remain relevant in India, the CEO of an Indian messaging app provider told CNBC on Tuesday.
Company CEO Tim Cook says the move will help the company better understand the critical Chinese market.
Alibaba and SoftBank announced plans to form a joint venture on Friday to launch cloud computing services in Japan.
Markets in Asia retreated further on Friday, with Japanese stocks coming under pressure from fresh strength in the yen against the dollar.
Dan Baker from Morningstar Investment Mgmt Asia questions whether Sprint will be able to grow customers and lower costs in order to pay off debts.
Sprint, the No.4 U.S. wireless carrier, said its quarterly revenue fell 2.5 percent as it gave big discounts to attract more subscribers.
After years of on-and-off flirtations, Comcast is in talks to buy DreamWorks Animation, the New York Times reports.
Yahoo has moved the deadline for its bids out another week to April 18, according to sources close to the situation. Re/code reports.
The deal reportedly raises the media, sports and fashion agency's valuation to $5.5 billion.