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Softbank Corp

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  • Asian stocks join China stimulus-led global rally Tuesday, 21 Apr 2015 | 4:10 AM ET
    A board of stock indicators shows upward momentum on the floor of the New York Stock Exchange.

    Asian stocks jumped on Tuesday, joining the global rally induced by China's move over the weekend to stimulate its cooling economy.

  • People have photos taken with a replica of the famous Wall Street bronze bull on the Bund in Shanghai.

    Chinese shares touched fresh seven-year highs on Monday, while Japan's Nikkei 225 struggled to find momentum.

  • Shares in Hong Kong and Tokyo outperformed the region to scale fresh multi-year highs on Thursday.

  • Get used to more Twitter takeover rumors Wednesday, 8 Apr 2015 | 6:09 PM ET
    Twitter CEO Dick Costolo gives an interview on the trading floor of the New York Stock Exchange, Nov. 7, 2013.

    Twitter is rumored to be the target of an hostile takeover by both Facebook and Google, Re/code reports.

  • The Bank of Japan headquarters in Tokyo, Japan.

    Asian stocks were higher across the board on Wednesday, with Tokyo, Seoul and mainland markets hitting fresh highs.

  • Asian stocks advanced amid choppy trade on Friday as traders looked ahead to the release of the closely-watched U.S. jobs report.

  • March 31- Sprint Corp has agreed to a $131 million settlement of a class-action lawsuit accusing the third-largest U.S. wireless carrier of defrauding investors about problems dating back to its $36 billion merger with Nextel Communications Inc in 2005.. The all-cash settlement made public on Monday resolves claims that Sprint, former Chief Executive Gary...

  • Asian stocks outside Australia recovered from a lackluster open to rise on Monday as a modestly positive lead from Wall Street offset the impact of sliding oil prices.

  • MUMBAI, March 26- A group of investors led by Japanese mobile telecom firm SoftBank Corp is in talks to buy a 20 percent stake in Indian handset maker Micromax Informatics IPO-MINF.NS> for up to $1 billion, two people aware of the discussions said. The investment would value Micromax, an unlisted provider of affordable smartphones that competes with South...

  • MUMBAI, March 26- A group of investors led by Japanese mobile telecom firm SoftBank Corp is in talks to buy a 20 percent stake in Indian handset maker Micromax Informatics for up to $1 billion, two people aware of the discussions said. The investment would value Micromax, an unlisted provider of affordable smartphones that competes with South Korea's Samsung...

  • UPDATE 1-Clash of Clans maker Supercell doubles profit Tuesday, 24 Mar 2015 | 2:20 PM ET

    HELSINKI, March 24- Finnish mobile game maker Supercell tripled sales and doubled core profit last year on the back of hit titles Clash of Clans, Hay Day and Boom Beach, the company said on Tuesday. The Helsinki- based business, which is majority owned by Japan's Softbank, said operating profit rose to 515 million euros from 243 million in 2013, while revenue jumped...

  • MUMBAI, March 20- As billions of dollars flow into India's booming online economy, some investors are beginning to fret that soaring valuations could hamper market listings and limit their options when it comes to turning paper profits into cash. India's rising number of smartphone users, cheaper internet costs and a vast middle class have turned it into one of...

  • Stocks in Japan and China settled at new multi-year highs for the second straight session as investors awaited the Federal Reserve's policy meeting.

  • 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...