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Softbank Corp

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  • *Application follows tie-up in Korea, CEO job-creation promise. NEW DELHI, Jan 23- U.S. taxi-hailing app maker Uber Technologies Inc has restarted services in India's capital after a ban following rape allegations against one of its drivers, but a government official said the company remains blacklisted. The service restoration comes as Uber works to counter...

  • European QE lifts Asian equities to new highs Friday, 23 Jan 2015 | 3:47 AM ET
    A board of stock indicators shows upward momentum on the floor of the New York Stock Exchange.

    Asian equity markets posted an upbeat performance on Friday, after the European Central Bank unleashed a massive stimulus package to resuscitate the euro zone.

  • *Yaskawa jumps after raising profit, dividend forecasts. TOKYO, Jan 23- Japan's Nikkei share average rose to a near three-week high on Friday morning as risk sentiment was buoyed after the European Central Bank unveiled a bond-buying scheme to help revive the region's economy and stave off deflation. ECB President Mario Draghi said the central bank would...

  • Jan 22- DreamWorks Animation SKG Inc will cut about 500 jobs, more than a fifth of its workforce, and produce one fewer movie a year as part of a major restructuring after a string of box-office misses. Most of this charge will be incurred in the quarter ended Dec. 31 and the remainder by 2016. DreamWorks, which had about 2,200 employees as of Dec. 31, 2013, expects to...

  • Asian shares higher on ECB bets; BOJ leads Tokyo lower Wednesday, 21 Jan 2015 | 2:15 AM ET
    A man is reflected on an electronic stock quotation board outside a brokerage in Tokyo, November 17, 2014.

    Equity markets in Asia raked in gains on Wednesday, with the exception of Tokyo, bolstered by stimulus bets on the European Central Bank.

  • *Index-heavy Fast Retailing and SoftBank together take off hefty points from Nikkei. TOKYO, Jan 21- Japan's Nikkei share average fell on Wednesday as investors pocketed gains from the sharp rises in the past two sessions, but expectations that the European Central Bank will unveil stimulus measures this week limited losses. Index-heavy Fast Retailing Co and...

  • Lyft seeking new megafunding to battle Uber Friday, 16 Jan 2015 | 5:13 PM ET
    The Lyft app is demonstrated on an Apple iPhone 5s.

    Lyft this week set out to raise a new round of funding to help it catch up to the massive war chest raised by its rival Uber.

  • Pedestrians walk near the Swiss National Bank headquarters in Bern, Switzerland.

    Shanghai shares outperformed the region on Friday, as the rest of Asia languished on heightened volatility induced by the Swiss National Bank.

  • *Fast Retailing, SoftBank together take hefty points off from Nikkei. TOKYO, Jan 16- Japan's Nikkei share average skidded on Friday in volatile trade as risk appetite was dampened by a strong yen after Switzerland stunned markets by abandoning its cap on the franc. Index-heavy shares tumbled, with SoftBank Corp and Fast Retailing Co fell 2.5 percent and 3.7...

  • *Ibiden, Shinko Electric fall on Intel's weaker-than-expected forecast. TOKYO, Jan 16- Japan's Nikkei share average fell 2.3 percent on Friday morning after U.S. stocks dropped for a fifth day and the yen rose after Switzerland abandoned its cap on the franc, hurting Japanese exporters such as electronics and car manufacturers. nearing a one-month low of...

  • India rate cut, oil price rebound boost Asian shares Thursday, 15 Jan 2015 | 2:11 AM ET

    Asian stock markets traded mostly higher amid choppy trade on Thursday, as a rebound in energy prices provided some reprieve.

  • *Softbank, Alibaba, Tiger Global invest $600 mln in Kuaidi Dache. TOKYO, Jan 15- Japan's SoftBank Corp said it and other firms including Chinese e-commerce giant Alibaba Group Holding Ltd had invested about 70 billion yen into Travice Inc, the operator of Chinese taxi hailing app Kuaidi Dache. Alibaba already holds an undisclosed stake in Kuaidi, one of two local...

  • Commodity rout drag Asian stock markets lower Wednesday, 14 Jan 2015 | 8:53 AM ET

    The persisting turmoil in commodity markets ignited risk aversion in most Asian stock markets on Wednesday, with Tokyo and Sydney equities finishing at fresh lows.

  • TOKYO, Jan 13- Japan's Nikkei share average fell 2.0 percent on Tuesday after a long weekend as declines in U.S. stocks and weakening oil prices dampened risk appetite, while a strong yen hurt exporters. its one-month low of 16,672.94 hit on Dec. 17. Aeon Co tumbled 5.9 percent to a one-month low after it reported that its operating profit fell 48 percent in the...

  • In the last four years, he has bought five properties for 40 million rupees on Proptiger.com, partly owned by Murdoch's News Corp.. "Scale and growth of businesses like Flipkart are a proxy that consumers in India are comfortable doing transactions on the Internet," said Mukul Singhal, principal at India- China fund SAIF Partners, which has invested $10 million in...

  • In the last four years, he has bought five properties for 40 million rupees on Proptiger.com, partly owned by Murdoch's News Corp.. "Scale and growth of businesses like Flipkart are a proxy that consumers in India are comfortable doing transactions on the Internet," said Mukul Singhal, principal at India- China fund SAIF Partners, which has invested $10 million in...

  • *Nikkei has lost 4.6 percent since Dec. 26. TOKYO, Jan 7- Japanese stocks gained on Wednesday as investors' appetite for risk returned, despite a fall in Wall Street shares driven by global economic worries and slumping oil prices. The market has discounted bad news from Greece, and the Nikkei's now at a reasonable level, "said Takashi Hiroki, chief strategist at Monex,...

  • Asian shares mixed on global growth, oil concerns Monday, 5 Jan 2015 | 2:00 AM ET
    A board of stock indicators shows upward momentum on the floor of the New York Stock Exchange.

    Asian stocks were mixed amid choppy trade on the first trading day of the week, as a raft of sluggish manufacturing surveys released across Europe and Asia over the past week curbed risk appetites.

  • TOKYO, Dec 30- Japanese stocks ended 2014 on a down note on Tuesday, as investors closed positions before extended new year holidays and worries about Greek politics sapped risk appetites. Market heavyweights Softbank Corp and Fanuc Corp on Tuesday shed 1.8 percent and 1.5 percent respectively. Toray Industries was the Nikkei's best performer, adding 3.3...

  • Asian markets mostly advanced on a data-light Monday, but Japan's benchmark index erased earlier gains and turned negative on news of a possible Ebola case in Tokyo.