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Nissan first-half profit slumps on rising costs

Business / Corporate Nov 8, 2018

Nissan first-half profit slumps on rising costs

Nissan Motor Co. on Thursday logged a 10.9 percent drop in net profit for the six months to September owing to a decline in global sales and rising materials costs. The results come as Nissan struggles to recover trust after an inspection scandal last year, ...

SoftBank IPO seeks $18 billion from retail investors

Business / Corporate Nov 7, 2018

SoftBank IPO seeks $18 billion from retail investors

SoftBank Group Corp. is seeking to raise a record ¥2 trillion ($18 billion) from Japanese individuals in the initial public offering of its mobile phone unit, targeting investors who often get no interest on their savings, sources have said. Nomura Holdings Inc., a joint global ...

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