Softbank Corp


  • TOKYO, Dec 4- Japanese stocks jumped to a near 7-1/ 2- year high on Thursday as a weak yen drove exporter shares, while the mood was also supported by data showing U.S. economic resilience and expectations of more stimulus from the European Central Bank. The broader Topix also scaled a six-year peak, adding 0.8 percent to 1,441.33, with toymaker Tomy jumping 10.0...

  • Softbank invests $250M in Asian taxi app GrabTaxi Wednesday, 3 Dec 2014 | 8:09 PM ET
    Anthony Tan, Founder & Group CEO, GrabTaxi

    SoftBank has invested $250 million in mobile taxi-booking application GrabTaxi, its biggest investment in a Southeast Asian Internet firm.

  • SINGAPORE, Dec 4- Japanese telecoms firm SoftBank Corp has pumped in $250 million to become the top investor in Southeast Asian mobile taxi-booking application GrabTaxi Holdings Pte Ltd, its biggest investment in a Southeast Asian Internet firm. GrabTaxi, which allows customers to order cabs closest to their location by mobile phone, operates in Singapore,...

  • TOKYO, Dec 4- Japanese mobile carrier SoftBank Corp said on Thursday it will invest $250 million in GrabTaxi, the largest mobile taxi booking app firm in Southeast Asia, to become its largest shareholder.

  • Shanghai and Japan stocks close at multi-year highs Tuesday, 2 Dec 2014 | 6:34 AM ET

    Asian equities rose on Tuesday, with Shanghai and Japanese stocks closing at multi-year highs on hopes of Chinese stimulus and as investors dismissed Japan's rating downgrade.

  • TOKYO, Dec 2- Japan's Nikkei share average slipped on Tuesday as investors took profits from the recent gains after Moody's Investors Service cut the country's sovereign debt rating, but losses were limited as the weak yen supported sentiment. Index heavyweight stocks such as SoftBank Corp, Fast Retaling Co and Fanuc Corp lost ground, falling between 0.6-1.8...

  • Asian shares higher after Japan dissolves parliament Friday, 21 Nov 2014 | 2:12 AM ET
    A man is reflected on an electronic stock quotation board outside a brokerage in Tokyo, November 17, 2014.

    Asian indices traded mostly higher in Friday's afternoon session, after Japan's Prime Minister Shinzo Abe dissolved parliament's lower house.

  • Nikkei sags, heads for first weekly drop in five Thursday, 20 Nov 2014 | 9:01 PM ET

    TOKYO, Nov 21- Japanese stocks skidded on Friday as selling ahead of a long weekend and signs of short-term overheating offset a boost from a solid Wall Street performance rooted in U.S economic strength. Fast Retailing Co Ltd, the Uniqlo clothes brand owner, lost 1.3 percent, knocking 21 points off the Nikkei, while Softbank Corp sagged 0.3 percent.

  • TOKYO, Nov 20- Japanese stocks were steady on Thursday as a further weakening of the yen boosted market sentiment, but gains were limited as investors took profits on such recent performers such as SoftBank Corp. The Nikkei benchmark ended 0.1 percent higher at 17,300.86, close to a seven-year peak hit last week. The broader Topix added 0.1 percent to close at...

  • WUZHEN, China, Nov 19- Chinese officials called on Wednesday for controls on the Internet to preserve stability, saying its model for cyberspace regulation can be the framework for spawning commercial successes like Alibaba Group Holding Ltd. "This place is crowded with tourists, who are perfectly orderly, and cyberspace should also be free and open, with rules...

  • Mega-mergers are popular again on Wall Street Tuesday, 18 Nov 2014 | 6:47 AM ET

    Deals worth $100 billion on Monday put the Street on pace for a year rivaling the dot-com bubble era and the private equity surge just before the financial crisis.

  • Indian retailers hobble as e-commerce race ahead Monday, 17 Nov 2014 | 5:58 PM ET

    Indian retailers are struggling to keep up online as e-commerce garner large investments.

  • MUMBAI, Nov 18- The head of Future Group, one of India's largest and most established retailers, admits he can't keep up with web sites like Snapdeal and Flipkart when it comes to spending money to entice shoppers to buy online. Private investors have poured $2.3 billion into India's e-commerce companies so far this year, according to consulting firm Technopak,...

  • TOKYO, Nov 17- Tokyo stocks suffered their biggest one-day slump since August on Monday after Japan's economy unexpectedly slipped into recession, prompting investors to book profits from recent gains. Japan's economy unexpectedly shrank an annualised 1.6 percent in the third quarter, following a sharp contraction between April and June caused by a hike in...

  • Nov 14- India's Reliance Entertainment plans to begin acquiring North American and European mobile game studios starting in early 2015, in hopes of becoming a significant global player in the fast-growing mobile games industry. The company, which is the biggest stakeholder in DreamWorks Animation Studios, is in talks with bankers to identify and acquire...

  • TOKYO, Nov 14- Japan's Nikkei share average pulled back from a seven-year high on Friday as investors turned cautious before economic growth data next week, amid mounting expectations that Prime Minister Shinzo Abe would call an early election and possibly postpone a sales tax hike. The Nikkei started rising on Oct. 31, after investors cheered the Bank Of...

  • Disney must bless Hasbro, DreamWorks deal: Analyst Thursday, 13 Nov 2014 | 10:16 AM ET
    Film producer and CEO of DreamWorks Animation SKG Jeffrey Katzenberg poses with the character Shrek for photographers during a media event before the evening's premier of "Shrek the Third," June 7, 2007, in Paris.

    Hasbro's relationship with Disney could complicate the toymaker's potential purchase of DreamWorks Animation, said Piper Jaffray analyst Steph Wissink.

  • Hasbro may be in talks to buy DreamWorks Wednesday, 12 Nov 2014 | 8:59 PM ET

    Hasbro is in talks to buy DreamWorks Animation, a person briefed on the matter said on Wednesday.

  • Asia stocks were under pressure on Wednesday amid concerns over oil and Chinese growth, but Japanese markets continued to outperform the region.

  • TOKYO, Nov 5- Japanese stocks stepped back on Wednesday morning as heavyweight Softbank tumbled after slashing its profit forecast, while the broader market took a breather after outsized gains inspired by a fresh stimulus drive by the Bank of Japan. We're seeing investors taking profits this morning, "said Takashi Hiroki, chief strategist at Monex in Tokyo.