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SoftBank accelerates asset sales but CEO Son in talks
... Reuters- SoftBank Group Corp is accelerating asset sales after its flagship Vision Fund unit booked nearly $50 billion in losses in just six months, but Chief Executive Masayoshi Son faces narrowing options and slumping valuations, analysts said. The TOKYO Reuters- SoftBank Group Corp is accelerating asset sales after its flagship Vision Fund unit booked nearly $50 billion in losses in just six months, but Chief Executive Masayoshi Son faces narrowing options and slumping valuations, analysts said....
Updated: 08/09/2022
Japan PM to review politicians' ties to Unification Church
On July 27th, 2022, Japan's Prime Minister Fumio Kishida speaks at the prime minister's official residence in Tokyo. Kishido says on Wednesday, after APO Japanese Prime Minister fumio Tishida will be reshuffled his government On July 27th, 2022, Japan's Prime Minister Fumio Kishida speaks at the prime minister's official residence in Tokyo. KIYOSHI OTA Pool ...
Updated: 08/09/2022
Idemitsu raises profit forecast on rising coal prices
On Tuesday, TOKYO Japan's second-biggest oil refiner Idemitsu Kosan Co increased its annual profit forecast by 70 per cent after reporting record first-quarter earnings, buoyed by higher prices of oil and thermal coal. On Tuesday, TOKYO Japan's second-biggest oil ...
Updated: 08/09/2022
Japanese fashion designer Issey Miyake dies at 63
... but I have tried to think of things that can be created, not destroyed, and that bring beauty and joy. I gravitated toward the field of clothing design because it is a creative format that is modern and optimistic. After studying graphic design at a Tokyo art university, he learned clothing design in Paris, where he worked with the famed fashion designers Guy Laroche and Hubert de Givenchy before moving to New York. In 1970 he returned to Tokyo and founded the Miyake Design Studio Miyake Design ...
Updated: 08/09/2022
Stocks cautiously await inflation data
... investors seem to be in the mood to listen to the good news. Asian shares mostly declined Tuesday due to a global decline in technology shares, including Japan's SoftBank , which has reported hefty losses caused by the market downturn. Shares fell in Tokyo and Hong Kong but rose in other regional markets. SoftBank Group Corp. , Japan's technology investor, dropped more than 4% in Tokyo trading. It reported a record quarterly loss of $23 billion on Monday. A global nose-dive of technology related ...
Updated: 08/09/2022
Japan pm to review Unification Church ties as polls slide
TOKYO: Japanese prime minister Fumio Kishida will reshuffle his cabinet on Wednesday Aug 10 and pay attention to politicians' relations with the Unification Church, trying to distance himself from the controversial group and reverse a slump in opinion ...
Updated: 08/09/2022
Activist investor invests 8.7% in Trend Micro
TokYO Activist investor ValueAct Capital Partners said on Tuesday it has built an 8.7 per cent stake in Trend Micro Inc, which is a cybersecurity software company that is expected to drive shares of the Tokyo-listed firm more than 9 per cent higher. ...
Updated: 08/09/2022
Activist investor ValueAct builds 8.7% stake in Trend Micro
TOKYO Activist investor ValueAct Capital Partners said on Tuesday it had built an 8.7 per cent stake in Trend Micro Inc, a cybersecurity software company that drives shares of the Tokyo-listed firm sharply higher. TOKYO Activist investor ValueAct Capital ...
Updated: 08/09/2022
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