/ | May 25, 2017

Stocks add gains on U.S. rally

Stocks gained further ground on the Tokyo Stock Exchange Thursday, supported by an overnight rise on Wall Street. The Nikkei 225 climbed 70.15 points, or 0.36 percent, to finish at 19,813.13. On Wednesday, the key market gauge gained 129.70 points. The Topix, which covers ...

May 10, 2017

SoftBank said close to finalizing $95 billion tech fund

SoftBank Group Corp. is close to announcing commitments of as much as $95 billion (¥10.8 trillion) for its technology fund, people familiar with the matter said. The fundraising close will be announced as soon as next week, said the people, asking not to be ...

/ Mar 21, 2017

SoftBank invests $300 million in WeWork: source

SoftBank Group Corp. invested $300 million in WeWork Cos., a person familiar with the matter said, an influx of cash that values the New York-based co-working giant at more than $17 billion. The investment from SoftBank is the first in what will probably be ...

Mar 15, 2017

SoftBank's Son promises to help Saudi economy via investment

SoftBank Group Corp. Chairman Masayoshi Son promised Saudi King Salman bin Abdul-Aziz al-Saud Salman that the telecom conglomerate will help Saudi Arabia prosper through investment. Speaking to reporters after their meeting in Tokyo on Tuesday, Son quoted the king as telling him he was ...

Mar 2, 2017

SEC freezes assets in SoftBank-Fortress insider-trading probe

The U.S. Securities and Exchange Commission said on Wednesday it froze the assets of certain traders in a suspected insider trading scheme involving more than $3.6 million in profits related to the takeover Fortress Investment Group by Japan’s SoftBank Group Corp. SoftBank said after ...