Tag - investments

 
 

INVESTMENTS

Japan Times
BUSINESS / Companies
Mar 30, 2020
WeWork’s imperiled $3 billion stock sale would mostly benefit five investors
In a deal that’s currently at risk of falling apart, a handful of investors would be the main beneficiaries of SoftBank Group Corp.’s plan to buy $3 billion of WeWork stock, according to a person familiar with the matter.
Japan Times
BUSINESS / Companies
Mar 30, 2020
SoftBank shares tumble 10% after OneWeb files for bankruptcy
SoftBank Group Corp. fell as much as 10 percent after a provider of satellite-based internet service that it invested in filed for bankruptcy, ceding some gains from an unprecedented plan to sell assets and buy back shares.
Japan Times
BUSINESS / Companies
Mar 29, 2020
SoftBank’s big bet on sharing economy backfires with coronavirus
Masayoshi Son has been among the most fervent believers in the sharing economy, investing billions in startups that help people split the use of cars, rooms and offices.
Japan Times
BUSINESS / Companies
Mar 23, 2020
WeWork directors prepare to take on SoftBank if it abandons rescue deal
Two independent WeWork directors are weighing all options, including legal action, after SoftBank Group Corp. advised the company's shareholders it may renege on part of its rescue package.
Japan Times
BUSINESS / Companies
Mar 22, 2020
Masayoshi Son’s empire wobbles as virus hits debt load
Investors are growing increasingly skittish about the stability of Masayoshi Son’s empire.
Japan Times
BUSINESS / Economy
Mar 18, 2020
Japan household assets hit record ¥1.9 quadrillion at end of year
Financial assets held by households rose 3.3 percent from a year earlier to a record ¥1.90 quadrillion ($18 trillion) at the end of December due largely to higher stock prices at the time, the Bank of Japan said Wednesday.
Japan Times
BUSINESS / Companies
Mar 18, 2020
SoftBank threatens to unravel $3 billion WeWork stock deal
SoftBank Group Corp. told shareholders of WeWork that it could withdraw from an agreement to buy $3 billion (¥321.4 billion) of stock in the embattled coworking business, casting doubt on a deal that had been set to close in about two weeks.
Japan Times
BUSINESS / ANALYSIS
Mar 16, 2020
The plumbing behind world's financial markets is creaking — loudly
The coronavirus panic is jolting stock markets, with steep drops in major indexes grabbing the public's attention. But behind the scenes, there is less understood and potentially more worrying evidence that stress is building to dangerous levels in crucial arteries of the financial system.
Japan Times
BUSINESS / Companies
Mar 13, 2020
SoftBank plans ¥500 billion share buyback as advocated by activist investor
SoftBank Group Corp. plans to spend up to ¥500 billion ($4.8 billion) buying back as much as 7 percent of its shares, taking a step advocated by activist investor Elliott Management Corp. to boost stockholder value.
Japan Times
BUSINESS / Economy
Mar 9, 2020
Japan's returns on foreign investment lift current account surplus to ¥612 billion
The current account surplus in January marked its 67th consecutive month in the black as growing returns on Japan's overseas investments offset a larger deficit in the goods trade, government data showed Monday.
Japan Times
BUSINESS / Companies
Mar 6, 2020
Toshiba Machine girds for tough battle with investor Yoshiaki Murakami
Toshiba Machine Co. is bracing for "a very tough battle" with controversial activist investor Yoshiaki Murakami on March 27, when shareholders will meet to decide the outcome of one of the nation's highest-profile takeover battles in recent years.
BUSINESS / Companies
Feb 26, 2020
Major Japanese ad agency Hakuhodo DY to take over Taiwan's Growww Media
Japanese advertising and marketing giant Hakuhodo DY Holdings Inc. plans to purchase major Taiwanese ad agency Growww Media Co. in a bid to bolster its business in the territory.
BUSINESS / Companies
Feb 25, 2020
Japanese asset manager SBI Holdings leads funding boost for Taiwanese crypto-security firm CoolBitX
Financial conglomerate SBI Holdings Inc. has led a group of investors participating in a Series B, $16.75 million funding round for CoolBitX, a Taiwanese blockchain security company offering services to help crypto-exchanges comply with more stringent international standards for the collection of...
BUSINESS / Companies
Feb 20, 2020
MUFG Bank to invest ¥80 billion in ride-hailing service Grab
MUFG Bank will form a capital and business alliance with Singapore-based ride-hailing service Grab, with the view to collaborating on retail financial services, sources have said.
Japan Times
BUSINESS
Feb 18, 2020
Investors urge Japan to strengthen climate targets ahead of U.N. summit
Investors managing $37 trillion in assets urged Japan to slash the country's carbon emissions, saying Monday that a strong signal from Tokyo could help galvanize international climate action ahead of a U.N. summit in Glasgow in November.
Japan Times
BUSINESS / Companies
Feb 18, 2020
Masayoshi Son's big real estate venture with Oyo runs into real problems in Japan
Last March, months before the meltdown at WeWork, Masayoshi Son worked through the prospects for another one of his favorite portfolio companies — a startup from India called Oyo.
Japan Times
BUSINESS / Companies
Feb 16, 2020
SoftBank plans to invest $1 billion from Latin America fund, with eyes on 650 firms
SoftBank Group Corp. will continue to invest in Latin America this year, focusing on industries including e-commerce, health care and fintech.
BUSINESS
Feb 14, 2020
Japan not among allies exempted from tighter U.S. investment rules
The United States on Thursday put into effect tougher screening rules on investments from abroad that initially exempt some of its close allies but not Japan.
Japan Times
BUSINESS / Companies
Feb 13, 2020
SoftBank chief welcomes activist investor Singer as Vision Fund logs loss
SoftBank Group Corp. founder Masayoshi Son opened the door to making at least some of the changes championed by activist investor Paul Singer, after the company reported a second quarter of losses from its startup investing.
Japan Times
BUSINESS / Companies
Feb 13, 2020
SoftBank's Masayoshi Son considers new type of fund for startup investing
SoftBank Group Corp. founder Masayoshi Son said he is considering a new type of fund for startup investing, showing his determination to keep cutting deals after missteps with WeWork and several other companies.

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