As rivals made fortunes, Exxon retreated from oil trading amid pandemic
"They were careful with capital during a period of time when they maybe shouldn't have," one trader who left Exxon in the last year said of its management.
SoftBank nears end of ¥2.5 trillion buyback, imperiling bull run
In March, shares fell even as more money was spent on re-purchases, the overall markets advanced and SoftBank’s profit for the March quarter was expected to hit a record.
Japan public-private fund lacks proper insurance for coup-hit Myanmar projects
Many ongoing infrastructure projects have been suspended in the Southeast Asian country since the military ousted an elected government in a coup in February.
Japan's biggest brokerage Nomura to book ¥313 billion in Archegos losses
The firm has vowed to strengthen its risk management after being stung by the collapse of the U.S. family office capital management firm.
For China's property developers, Hong Kong is becoming Shenzhen's backyard
Chinese property developers have turned their sights to Hong Kong's border districts as mainlanders from neighboring boomtown Shenzhen consider parts of the former British colony as a more affordable long-term housing prospect. The development plans are seen by some as a turning point, with buyers ...
Toshiba investor 3D calls for strategic review after CVC bid
The investment firm said it was disappointed Toshiba’s chairman didn’t respond to a previous request to run a review.
Governments want you to buy green. Ignore them at your peril.
Nations have pledged massive cuts on greenhouse gas emissions, paving the way for a torrent of regulation set to benefit green stocks and bonds.
Archegos fiasco thwarts Nomura’s push to join Wall Street elite
Analysts have been left to wonder if heads will now roll over the Archegos losses or if the bank will quit certain businesses.
Toshiba struggling to devise growth strategy after CVC pullout
Toshiba sold many successful units during a business crisis caused by massive accounting fraud and the collapse of a U.S. nuclear power subsidiary.
Japan and U.S. plan to keep watch on Rakuten after Tencent investment
Rakuten said that the Tencent group company's acquisition of the stake is purely for investment purposes and rejected the possibility that shareholders would gain access to customer data.
Top online brokerage lures young Japanese with zero-fee trading
SBI Holdings Inc. will implement a series of campaigns that will virtually eliminate commission fee for spot trading in equities, the financial conglomerate said in a statement Tuesday.
SoftBank’s $120 million Norway deal taps value of high-cost labor
The Asian giant's investment model in the Nordics suggests a cheap workforce isn’t the competitive parameter it once was.
