Toshiba receives interest from 10 potential investors
It also announced a special dividend of ¥160 per share, worth some ¥70 billion, in an apparent effort to placate activist shareholders it has long been at odds with.
What's behind Kishida's plan to spur household investment
Considering the cautious stance investors have taken toward his economic policies, the Prime Minister's speech highlighted a more market-friendly side.
Making a play for retail investors, Nintendo announces a 10-1 stock split
The surprise announcement came as Nintendo said it expects sell 21 million Switch games consoles in the fiscal year that started on April 1, down 9% year on year.
Seeing worse year than 2008, hedge fund cuts China stocks to zero
As China’s markets gyrate following COVID-19 outbreaks and Russia’s invasion of Ukraine, one of the nation’s best-performing macro hedge funds is bracing for more pain.
SoftBank plans to retain controlling stake in Arm after IPO
Softbank's raising of an $8 billion term loan has provided it with enough financial leeway to hold onto a bigger portion of the company, sources say.
Tokyo’s real superhero stocks need to take center stage
The Tokyo Stock Exchange created the new Prime segment to house Japan’s best companies — then opened it to almost everyone, possibly making it irrelevant.
Positive real yields may spell more trouble for U.S. stocks
A hawkish turn by the Federal Reserve is eroding a key support for U.S. stocks, as real yields climb into positive territory for the first time in two years.
Global investors flee China fearing that risks eclipse rewards
A growing list of risks is turning China into a potential quagmire, with the central question being what could happen when the country goes to great lengths to achieve its leader’s goals.
Toshiba’s talk of privatization leaves some analysts with doubts
Toshiba is in talks with financial institutions on a buyout plan that would be led by domestic investors.
Japan SESC files more charges against SMBC Nikko and executives
SMBC Nikko said it sincerely apologizes for causing trouble and concern, and will cooperate with investigations and make efforts to regain trust.
China’s COVID-19 outbreak worsens as new Shanghai cases top 26,000
Residents have been locked down for weeks now, with frustration building among the population as they struggle to get access to food and medical care.
