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SoftBank Group

SoftBank's Son considers bringing Coupang services to Japan

"We're discussing with the guys at Yahoo Japan about it. We've started considering whether it could be done in Japan too," Son said in a television interview late on Monday.

Published 30 Mar, 2021 12:50pm

Markets

Tokyo's Nikkei rangebound in early trade

Among major shares, SoftBank Group rose 1.44 percent to 9,211 yen.

Published 30 Mar, 2021 09:52am

Business & Finance

Adam Neumann's final WeWork act: helping SoftBank's SPAC deal

Neumann was locked in a fierce legal battle at the time with SoftBank over a $3 billion deal for a portion of his and other investors' stake in the office space-sharing company.
Ranadivé's SPAC had been looking for an acquisition target after raising $420 million in an IPO in August.

Published 29 Mar, 2021 07:04pm

Business & Finance

WeWork takes SPAC route to go public in $9bn deal

It marks a steep drop from the $47 billion that WeWork was valued for a listing in 2019, ahead of a botched listing plan that imploded due to investor concerns over its business model and its founder Adam Neumann's management style.
The startup told prospective investors it lost about $3.2 billion last year as part of a pitch for a stock market listing by merging with a special purpose acquisition company.

Published 26 Mar, 2021 06:15pm

Markets

Japanese shares lower

TOKYO: Japanese shares snapped early gains to end lower on Tuesday, tracking lacklustre performance in Chinese...

Published 24 Mar, 2021 05:10am

Markets

Japanese shares higher

TOKYO: Japanese shares closed higher on Tuesday, with the Topix index hitting its best level in 20 years, as...

Published 17 Mar, 2021 04:45am

Markets

Japanese shares lower

TOKYO: Japanese shares reversed course to end lower on Monday as some investors adjusted positions ahead of the end...

Published 09 Mar, 2021 05:45am

Markets

Nikkei hits 1-month low

TOKYO: Japan’s Nikkei index on Thursday dropped to its lowest in one month, as investors sold off heavyweights...

Published 05 Mar, 2021 05:17am

Markets

Japan’s Topix gains most in 7 months

TOKYO: Japan’s Topix Index on Monday jumped the most in seven months, as a pause in sell-offs in US treasuries...

Published 02 Mar, 2021 05:50am

Credit Suisse suspends supply chain finance funds

ZURICH / LONDON: The asset management arm of Zurich-based Credit Suisse said on Monday it has suspended redemptions...

Updated 02 Mar, 2021 09:41am

Markets

Tokyo stocks open higher after rout

Mizuho Financial Group was up 0.80 percent at 1,571.5 yen after the banking group said it had restored its ATM and online services.

Published 01 Mar, 2021 11:00am

Markets

Nikkei reclaims 30,000-mark

TOKYO: Japan’s Nikkei index closed above the 30,000-mark on Thursday after Federal Reserve Chair Jerome Powell...

Published 26 Feb, 2021 05:20am

Markets

Nikkei closes below 30,000 mark

TOKYO: Japanese shares fell on Wednesday, closing below the 30,000 milestone for the first time in seven sessions, ...

Published 25 Feb, 2021 04:58am

Markets

Japan shares extend gains to 30-year high

TOKYO: Japanese stocks rose to a 30-year high on Tuesday as progress in the distribution of coronavirus vaccines...

Published 17 Feb, 2021 04:24am

Markets

Japanese shares up

TOKYO: Japanese shares closed higher for a third straight session, after hitting fresh 30-year highs, as strong...

Published 10 Feb, 2021 04:12am

Markets

Japanese shares extend gains on recovery hopes, upbeat earnings

Monex Group, owner of bitcoin exchange operator Coincheck, surged 11.08% as bitcoin jumped after Tesla Inc revealed it had bought $1.5 billion of the cryptocurrency and would soon accept it as a form of payment for cars.

Published 09 Feb, 2021 12:18pm

Markets

Tokyo stocks open higher on hopes for vaccines, stimulus

SoftBank Group was down 0.32 percent at 1,414 yen on profit-taking after it said net profit rocketed to $11.1 billion in the third quarter, as stock rallies and asset sales helped solidify its recovery.

Published 09 Feb, 2021 10:37am

Markets

Japanese shares hit fresh 30-year high

TOKYO: Japanese shares surged on Monday, with both Nikkei and Topix hitting 30-year highs, as strong corporate...

Published 09 Feb, 2021 04:43am

Business & Finance

SoftBank Group net profit soars to $11.1bn in third quarter

Net profit for October-December hit 1,171.9 billion yen, more than 21 times higher than the 55.0 billion yen reported a year earlier, the conglomerate said.

Published 08 Feb, 2021 11:55am

Markets

Tokyo stocks close lower

Japan's biggest airline said it would maintain its forecast of a record $4.9 billion net loss for the fiscal year ending March 2021.

Published 29 Jan, 2021 02:30pm

Markets

Japanese shares climb

TOKYO: Japanese shares suffered their biggest drop in six months on Thursday, tracking Wall Street, weighed by...

Published 29 Jan, 2021 04:55am

Business & Finance

Japan telco SoftBank appoints CTO Miyakawa as CEO

Miyauchi will take the post of chairman of the board from Son, who will remain on the board and whose investment juggernaut is the telco's largest shareholder.

Published 26 Jan, 2021 02:48pm

Markets

Nikkei at 30-year high

TOKYO: Japanese shares hit their highest close in 30 years, taking cues from solid overnight performances on Wall...

Published 22 Jan, 2021 04:47am

Markets

Tokyo stocks close lower

Suga pledged Monday to tackle surging coronavirus cases and restore normal life "as soon as possible".

Published 18 Jan, 2021 12:17pm

Markets

Nikkei extends rally into fifth session, tech shares lead gains

Shares of brokerages advanced, with Nomura Holdings gaining 2.49% and Daiwa Securities Group rising 3.16%. Mizuho Financial Group added 0.21%.

Published 14 Jan, 2021 11:12am

Markets

SoftBank Group sells Uber shares worth $2bn

By the end of March, Uber's share price had fallen below $15, from $42 on its first day of trading in May 2019.

Published 12 Jan, 2021 10:08am

Markets

Tokyo shares open lower on Wall Street loss, virus fears

"Still, the greater Tokyo area accounts for a third of Japan's GDP, and damage to the economy is inevitable," Okasan Online said in a note.

Published 05 Jan, 2021 09:04am

Markets

Nikkei edges near 30-year high on recovery hopes, heavy machinery stocks' gains

SoftBank Group dropped 1.8% after China launched an investigation into Alibaba Group for suspected monopolistic behaviour and will summon its Ant Group to meet in coming days.

Published 24 Dec, 2020 09:51am

Markets

Tokyo shares rebound on bargain hunting despite US, virus concerns

Advantest, a major producer of chip-testing tools, surged 2.49 percent to 7,400 yen. Tokyo Electron, a producer of equipment to make semiconductors, rose 1.41 percent to 36,560.

Published 23 Dec, 2020 12:37pm

Markets

Tokyo stocks open lower on virus worries

SoftBank Group was down 1.13 percent at 8,393 yen following reports that it applied for an initial public offering of a special purpose acquisition company (SPAC) called SVF Investment to raise up to $525 million.

Published 22 Dec, 2020 08:58am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	278.52
USD PKR Interbank Buying / Apr 25	278.32
USD to Japanese Yen / Apr 25	155.60
USD to Swiss Franc / Apr 25	0.91
Pound Sterling to USD / Apr 25	1.25
Euro to USD / Apr 25	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
Nasdaq / Apr 24	15712.75
Dow Jones / Apr 24	38460.92
India Sensex / Apr 25	73780.80
Tokyo Nikkei / Apr 25	37628.48
Hang Seng / Apr 25	17264.90
FTSE 100 / Apr 25	8077.84
Germany DAX 30 / Apr 25	17994.97

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Petrol/Litre / Apr 25	293.94
Crude Oil USD/Barrel / Apr 25	83.02
Gold Spot USD/Ounce / Apr 25	2325.45
Diesel/Litre / Apr 25	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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