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Softbank Corp

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  • Pedestrians stand in front of stock market boards along the pavement in Tokyo, Japan.

    Japanese stocks tracked a positive lead from Wall Street to hit a fresh multi-year high, breaching the 19,000 level, as major indices in the region largely rose on Friday.

  • Snapdeal drums up custom in Slumdog's Dharavi Thursday, 12 Mar 2015 | 9:10 AM ET

    *Snapdeal is India's second-largest online shopping market. The company's aspirations are backed up by serious investment from the likes of Japan's Softbank Corp, which ploughed $627 million into Snapdeal last October, and could soon get a boost from Chinese e-commerce giant Alibaba Group, which is in talks for another cash investment, a source told Reuters...

  • Asian shares up on BOK rate cut; Nikkei at 15-year high Thursday, 12 Mar 2015 | 8:32 AM ET

    Asian shares rose on Thursday, boosted by better-than-expected Australian jobs data from Australia and a surprise rate cut in South Korea.

  • March 12- Ride-sharing service Lyft said it raised an additional $530 million in a funding round led by Japanese online retailer Rakuten Inc, giving the Uber rival a valuation of $2.5 billion and adding momentum to its expansion plans. Rakuten said it is investing $300 million for an 11.9 percent stake in San Francisco- based Lyft- its first investment in a...

  • Nikkei rises on futures-related buying Wednesday, 11 Mar 2015 | 10:35 PM ET

    TOKYO, March 12- Japan's Nikkei share average rose on Thursday as investors chased the market higher before the futures settlement. Index-heavy stocks led the gains, with Fanuc Corp rising 2.6 percent and SoftBank Corp gaining 1.5 percent. "Foreign derivatives investors are seen chasing the market higher," said Norihiro Fujito, senior investment strategist at...

  • Tokyo bucks regional slump; rest of Asia track US losses Wednesday, 11 Mar 2015 | 5:32 AM ET

    Asian equities were lower across the board on Wednesday, pressured by a plunge on Wall Street overnight and as a string of China data fell short of expectations.

  • March 10- Google Inc's finance chief said on Tuesday that he plans to retire, the latest in a series of changes in the company's upper ranks but a move that some analysts said was unlikely to cause major disruptions. Patrick Pichette is leaving Google to go backpacking, the 52- year-old French Canadian announced in a lengthy post on his personal Google+ Web page on...

  • UPDATE 1-Google says CFO Patrick Pichette to retire Tuesday, 10 Mar 2015 | 5:17 PM ET

    March 10- Google Inc said on Tuesday that Chief Financial Officer Patrick Pichette has announced his intention to retire, marking the latest change to the Internet company's upper ranks. Google expects to find a replacement for Pichette within six months, the company said in a regulatory filing with the U.S. Securities and Exchange Commission.

  • China inflation data weigh on Asian stocks Tuesday, 10 Mar 2015 | 3:21 AM ET

    Key bourses in Asia nursed losses on Tuesday, as a mixed bag of Chinese inflation data offset a positive lead from Wall Street.

  • Fears that an interest rate hike in the United States is imminent drove Asian stock markets outside Shanghai lower on Monday.

  • *Japan's weak GDP hurts sentiment. *Japan Display soars after confirming plant investment. TOKYO, March 9- Japan's Nikkei share average fell on Monday after a strong U.S. jobs report stoked concerns that the Federal Reserve could raise interest rates sooner than expected, while weaker-than-expected domestic growth data also hurt sentiment.

  • Indian shares led gains in Asia Wednesday after a surprise rate cut by the Reserve Bank of India, while the rest of the region traded mixed.

  • JAKARTA, March 4- Selling goods online may only rely on a few mouse clicks, but in Indonesia, delivering purchases to dozens of islands via creaky ports and potholed roads is the logistical challenge Lippo Group faces when its department store opens in cyberspace this month. Lippo, the biggest shareholder of No. 1 retailer PT Matahari Department Store Tbk, is...

  • Reserve Bank of Australia (RBA) headquarters in Sydney, Australia.

    Australian shares fell below the flatline on Tuesday after the Reserve Bank of Australia (RBA) surprised most market watchers by holding back on further easing.

  • Nikkei hits fresh 15-year high amid mixed trade in Asia Thursday, 26 Feb 2015 | 3:22 AM ET
    A man is reflected in an electric quotation board flashing chart of the Nikkei index of the Tokyo Stock Exchange.

    Japanese shares outperformed the region by clinching a new multi-year high, as the rest of Asia traded mixed on Thursday.

  • *Pension fund investment strategy also lifts sentiment- analysts SoftBank, Fast Retailing contribute half Nikkei gains. TOKYO, Feb 26- Japan's Nikkei share average rose to a fresh 15- year high on Thursday morning after hedge funds were seen buying futures, while index-heavyweight stocks rose as investors' risk appetite improved on benign comments by Fed...

  • Dovish Yellen, China flash PMI fail to cheer Asian stocks Wednesday, 25 Feb 2015 | 2:10 AM ET
    Janet Yellen

    Asian equities turned mixed amid choppy trade on Wednesday after China's manufacturing sector surprised markets with growth for the first time in three months.

  • *Japan Display soars on report it is considering building a plant. TOKYO, Feb 20- Japan's Nikkei share average rose for a third day to hit a fresh 15- year high on Friday morning, with market sentiment getting a boost from a weaker yen following robust U.S. jobless data. "Now the market is relieved again on hopes for an earlier U.S. rate hike," said Nobuhiko Kuramochi, a...

  • NEW DELHI, Feb 19- Authorities in New Delhi have set Uber Technologies Inc a Feb. 25 deadline to provide supporting details for the online taxi-hailing firm's application to operate in the city. Uber was banned in Delhi in December after one of its drivers was accused of raping a female passenger. Rules set by Delhi's transport department in December require...

  • NEW DELHI, Feb 19- Authorities in New Delhi have set Uber Technologies Inc a Feb. 25 deadline to provide supporting details for the online taxi-hailing firm's application to operate in the city. Uber was banned in Delhi in December after one of its drivers was accused of raping a female passenger. Rules set by Delhi's transport department in December require...