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MITSUSHIGE AKINO
Japan fund eyes JSR buyout as Tokyo ramps up chip interventionAn acquisition by Japan Investment Corp (JIC), overseen by the powerful trade ministry, would be the latest in a series of increasingly mus...- Japanese stocks fall as traders await U.S. inflation data"We want to see how the market reacts. The CPI has been making big movements each month of late, and this time it could fluctuate significa...
- Rags-to-riches story! This homeless high-school dropout became the CEO of a $1 billion companyAs Kobayashi tells it, his parents kicked him out at 17 when he quit a prestigious high school.
- Masa Son unveils a $41 billion asset sale to silence his criticsSon is trying to salvage his reputation as one of the world’s foremost tech investors, a name based largely on a prescient early bet on Ali...
- SoftBank plans $4.8 billion buyback after Elliott’s callElliott wants SoftBank to set up a special committee to review processes at the Vision Fund, the world’s largest single investment pool for...
- SoftBank’s Son defiant as WeWork triggers $6.5 billion lossSoftBank recorded an operating loss of 704.4 billion yen ($6.5 billion) after writedowns in WeWork and other investments, the Japanese comp...
- How SoftBank’s Masayoshi Son became poorer by $6 billionThe Vision Fund is believed to be planning to swallow a charge of at least $5 billion.
- Nikesh Arora’s walkout returns the focus to Japan Inc succession woesSon recruited Arora from Google Inc. in 2014, and installed him to president last June, saying he’s the most likely candidate to take over ...
- At $135 mn, SoftBank’s Nikesh Arora third highest paid ChiefFisher, 67, president and founder of SoftBank Holdings Inc., helped lead Son’s campaign in the US, including the Sprint acquisition.
- Sony replaces Howard Stringer, appoints Kazuo Hirai as CEO; predicts a fourth straight year of loss in FY12Sony, predicting a fourth consecutive year of losses, named Hirai as CEO, replacing Stringer after falling behind Apple and Samsung.
- Research In Motion rejigs top deck, appoints Thorsten Heins as CEOResearch In Motion Ltd. shook up its top management, replacing co-chief executive officers Jim Balsillie and Mike Lazaridis.
- Japan evacuation may force Hitachi to close plantsWorkers are unable to go within 20 km of the tsunami-hit Fukushima plant due high radiation risk.
- Fujitsu, Toshiba in mobile merger talksFujitsu Ltd and Toshiba Corp are in talks to merge their mobile phone businesses, two sources said, in a move that would create Japan's No ...
- Bidders eye AIG unit as $60 bn loss loomsAmerican International Group received bids from MetLife Inc and Axa SA for a life-insurance unit spanning more than 50 countries, Bloomberg...
- Nomura in recast mode with asset salesNomura Holdings Inc, Japan’s largest brokerage, will cut executive pay and may sell businesses to raise cash after posting a record 342.9 b...
- Sony lowers profit outlookSony, the the world’s second-largest maker of consumer electronics, said profit will fall more than previously forecast as lower camera and...
- Japanese shares edge higher in morning tradeJapanese share prices were slightly higher in morning trade on Wednesday as investors gave a cautious welcome to fresh gains overnight on W...
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