SoftBank books $5.2 billion quarterly loss as investments and weak yen bite
TOKYO (Reuters) -SoftBank Group on Thursday booked 789 billion yen ($5.22 billion) loss, marking its fourth straight quarter in the
2023-11-09 14:57
Mizuho Said to Raise Rakuten Securities Stake to Almost 50%
Mizuho Financial Group Inc. plans to increase its investment in Rakuten Group Inc.’s online securities arm, which isn’t
2023-11-09 14:48
Merck KGaA Beats on Earnings Amid Demand for Cancer Drugs
Merck KGaA reported earnings that topped estimates as strong demand for cancer drugs Bavencio and Erbitux helped cushion
2023-11-09 14:27
Treasury Rally Is Proving to Be No Panacea for Asian Bonds
Emerging Asian bonds may struggle to sustain gains spurred by the rally in Treasuries as bearish signals grow.
2023-11-09 14:27
Deutsche Telekom Boosts Guidance After Beating Profit Estimates
Deutsche Telekom AG, Europe’s biggest telecommunications operator, raised its guidance for 2023 slightly after posting third quarter profit
2023-11-09 14:27
SoftBank’s Vision Fund Reports Another Loss of $1.7 Billion
SoftBank Group Corp.’s flagship Vision Fund reported another loss as valuations on some of its bets declined, even
2023-11-09 14:20
Singapore’s Housing Rally Is Set to End, Morgan Stanley Says
Singapore’s seven-year rally in private home prices, the longest upcycle since the 1980s, is about to end as
2023-11-09 13:59
Japan’s Cabinet to Approve $88 Bln Extra Budget to Fund Stimulus
Japan’s cabinet is set to approve a 13.2 trillion yen ($87.5 billion) supplementary budget to help fund Prime
2023-11-09 13:58
AI Will Cut Cost of Animated Films by 90%, Jeff Katzenberg Says
Artificial intelligence will lower the cost of creating blockbuster animated movies drastically, according to longtime industry executive Jeffrey
2023-11-09 13:51
Israel Latest: US Carries Out Strike on Weapons Depot in Syria
US fighters fired upon a weapons depot in Syria used by Iran’s Islamic Revolutionary Guard Corps, Defense Secretary
2023-11-09 13:45
Trump-Bashing Republican Rivals Still Don’t Break With Him
The five Republicans scrapping to fashion themselves as the alternative to Donald Trump opened their debate Wednesday night
2023-11-09 13:26
First Woman to Head Georgia’s Central Bank Looks to End IMF Rift
Georgia’s acting central bank governor said the country is poised soon to revive a $289 million program with
2023-11-09 13:25