Softbank . (japan) Stock News

SoftBank Group Corp (OTC: SFTBY ) (OTC: SFTBF ) banks jostled for roles on a potential IPO of Arm Ltd to underwrite a margin loan of about $8 billion, Bloomberg reports . Banks plan to pitch IPO valuations for Arm of upward … Full story available on Benzinga.com

Funding Societies, an online capital formation platform serving Asia, has announced $294 million in funding led by SoftBank. According to a statement by the company, USD $144 million was raised in an oversubscribed Series C+ equity round led by SoftBank Vision Fund 2, with new… Read More

SoftBank Group Corp is asking banks vying to be part… The post SoftBank solicits $8 billion margin loan to fund Arm IPO appeared first on PageOne .

SoftBank Group Corp (OTC: SFTBY) (OTC: SFTBF) banks jostled for roles on a potential IPO of Arm Ltd to underwrite a margin loan of about $8 billion, Bloomberg reports. Banks plan to pitch IPO valu

SoftBank Group Corp is asking banks vying to be part of a potential listing of Arm Ltd to underwrite a margin loan of about $8 billion, Bloomberg News reported on Wednesday, citing people familiar wit

Funding Societies, a Southeast Asian SME digital financing platform which goes by Modalku in Indonesia, today announced that it has raised US$144 million in an oversubscribed Series C+ equity round. The post Funding Societies Raises US$294 Million in Series C+ Led by SoftBank appeared first on Fintech Singapore .

(Corrects to remove tag in headline) SINGAPORE (Reuters) - Funding Societies, a Southeast Asian digital financing platform, has raised $144 million in a funding round, led by SoftBank Group Corp''s SoftBank Vision Fund 2, as it expands further in one of the world''s fastest growing digital markets. In a statement on Wednesday, the seven-year-old company said other …

Small businesses are the backbone of Southeast Asia's economy, but many struggle to secure working capital loans because they don't have traditional credit records or collateral, say the founders of F

A lingering boardroom tussle between Arm and its Chinese joint venture is casting a shadow over SoftBank’s plan to list the British chip IP and design firm after a proposed US$40 billion deal with Nvidia fell apart amid regulatory pressure.Analysts said Arm’s IPO plan could hit a snag if issues around control of Arm China, which contributes one fifth of worldwide revenues, cannot be resolved.It is unclear whether Arm will be able to wrest control of its China joint venture, in which it owns 49…

Softbank’s plan to publicly list Arm in the wake of the failed Nvidia deal faces uncertainty as long as the boardroom battle over its Arm China subsidiary remains unresolved.

Global Markets Slide On Mounting Ukraine Tensions US index futures and global stocks extended their Friday losses on Monday, as worries about growing geopolitical conflict in Ukraine sparked concerns about global economic growth and adding to concerns about inflation and the prospect of aggressive Fed rate hikes to tame it. Nasdaq futures were down 1.2% by 715 a.m. ET after earlier sliding as much as 1.5%. S&P 500 futures slipped 0.8%, setting up the benchmark U.S. index to fall further from a two-week low reached on Friday. Treasury yields dropped further from a multi-year high hit on Friday and gold rose, while bitcoin extended its sharp decline from Friday. Focal points Monday include comments by St. Louis Fed President James Bullard at 8:30am ET. Airline stocks slid in premarket trading, following European peers lower, as growing concerns about geopolitical risks over Ukraine ripple through global markets. Lockheed Martin Corp. scrapped its bid to buy Aerojet Rocketdyne Holdings Inc. after the Federal Trade Commission sued to block the deal.

Japan''s SoftBank Group Corp was forced to abandon its $80 billion deal to sell Arm Ltd to U.S. chipmaker Nvidia Corp earlier in February, after facing significant pushback from antitrust regulators.

TOKYO: Japan''s Nikkei index fell on Monday by its most in nearly three weeks, dragged down by technology stocks, on investor concerns over escalating tensions surrounding Ukraine and broadening inflationary risks. The Nikkei share average lost 2.23% to close at 27,079.59, posting its biggest daily percentage drop since Jan. 27 and touching below the 27,000 level for the first time since Jan. 31. The broader Topix lost 1.63% to 1,930.65. "Because the market was closed (in Japan) on Friday, today''s market was hit by two separate negative news that happened last week - tensions surrounding Ukraine and Russia, and the sharp rise in US consumer prices," said Shuji Hosoi, a senior strategist at Daiwa Securities. "If the Ukraine situation gets worse, the market could fall further." Tokyo stocks close higher with eyes on US data Wall Street ended sharply lower on Friday for the second straight session, as investors fretted about deepening tensions between Russia and the West over Ukraine, US inflation and prospects of aggressive interest rate hikes by the Federal Reserve.

Alibaba Group Holding faces another major test after its shares overcame a roller-coaster ride sparked by speculation about a stake disposal by a big shareholder.While the stock held up last week after SoftBank Group clarified that the registration of Alibabas new American depositary receipts was not meant for divestment, whether it has already bottomed out will largely hinge on the quarterly result due on February 24.Alibabas shares have rebounded 13 per cent in Hong Kong after hitting a