Asian equity markets cheered another record close on Wall Street overnight, led by fresh six-year highs on Japan's benchmark index.» Read More
*Mitsubishi Motors up on dividend hopes after capital raising news. TOKYO, Oct 28- The Nikkei stock average bounced back on Monday, recouping some of its steep losses suffered at the end of last week, but investors remain cautious ahead of a big earnings week for Corporate Japan and concerns over tight credit conditions in China.
NEC said that it would quit making smartphones, acknowledging that it had lost sight of the development of mobile technology. The New York Times reports.
Norway's Telenor and Qatar's Ooredoo won licences on Thursday to enter the Myanmar market, bringing foreign companies across one of the world's last telecoms frontiers.
SoftBank said there is no need to improve its $20.1 billion bid for 70 percent of U.S. wireless carrier Sprint Nextel, which has been challenged by Dish Network.
Taxi! Taxi! Taxiiiiiii! That's a common refrain of city living, but soon it may go the way of the phone booth amid the emergence of smartphone apps for hailing a taxi.
Neale Anderson, Telecom & Media Analyst, Asia-Pacific, HSBC explains why he's optimistic on KDDI. He thinks the firm has room to grow in the corporate segment.
Japan's dominant mobile carrier NTT Docomo said it lost 40,800 subscribers on a net basis in November, as users switched to Softbank and KDDI to grab an Apple iPhone 5 supplied in Japan.
*Honda falls after cutting profit forecast. TOKYO, Oct 29- Japan's Nikkei share average ended flat on Monday as disappointment about a profit warning from Honda Motor Co was balanced by hopes that the Bank of Japan will substantially expand its easing programme when it meets on Tuesday.
*KDDI gains in heavy trade in spite of weak earnings. TOKYO, Oct 25- Japan's Nikkei average rose to a four-week closing high on Thursday, lifted by exporters as the yen weakened on growing expectations that the Bank of Japan would further ease monetary policy next week.
*Gree and DeNa up after Facebook surprises with mobile revenue. Japanese social gaming sites DeNa and Gree also gained in heavy trade after Facebook Inc said mobile advertising revenue had roughly tripled in the third quarter, reassuring investors who had feared revenues of web-based firms would be hit by the shift to smartphones from personal computers.
Exporters shed after a rally propelled by a weaker yen over the past week and a half, with automakers Toyota Motor Corp and Honda Motor Co down 1.3 and 1.4 percent respectively, and construction machinery maker Komatsu Ltd slipping 2.1 percent.
The unlikely success story of Softbank Corp. President Masayoshi Son has taken another leap with his latest mega-deal, announced Monday, to take a 70 percent stake in U.S. mobile phone carrier Sprint Nextel Corp. for $20 billion.
TOKYO, Oct 12- Softbank Corp chief Masayoshi Son told reporters last week he decided to buy a smaller rival for $1.84 billion on an impulse- small change for someone who Forbes estimates lost $18 billion in the dotcom bust, but an unusual move in staid Japan.
*Softbank slumps 17 pct, in talks to invest in Sprint Nextel. TOKYO, Oct 12- Japan's Nikkei share average slipped to a fresh two-month low on Friday, with Softbank Corp. tumbling 17 percent after the wireless service provider said it was in talks to invest in U.S. firm Sprint Nextel.
*Softbank slumps 16 pct, in talks to invest in Sprint Nextel. dropping 16 percent after it said it was in talks to invest in U.S. firm Sprint Nextel.
*Softbank slumps 15.3 pct, in talks to invest in Sprint Nextel. said it was in talks to invest in U.S. firm Sprint Nextel.
TOKYO, Oct 12- Japan's Softbank Corp said on Friday it is in talks with Sprint Nextel Corp about investing in the U.S. telecoms firm, but nothing has been decided.
*Deal could lead to Sprint buying Clearwire- analysts. *Sprint, Clearwire soar in afternoon trade; MetroPCS down. The Japanese company might also be aiming to use Sprint as a vehicle to make a run at smaller Sprint peer MetroPCS Communications Inc, a two-step transaction that would potentially cost more than 2 trillion yen, according to a Nikkei report.
*Sprint, Clearwire soar in afternoon trade; MetroPCS flat. TOKYO/ NEW YORK, Oct 11- Japanese mobile carrier Softbank Corp may buy a majority stake in Sprint Nextel Corp to establish a foothold in the U.S. wireless market, in what could be the largest Japanese acquisition ever in America.
*Sprint, Clearwire soar in afternoon trade, MetroPCS sinks. TOKYO/ NEW YORK, Oct 11- Japanese mobile carrier Softbank Corp may buy a majority stake in Sprint Nextel Corp to establish a foothold in the U.S. wireless market, in what could be the largest Japanese acquisition ever in America.