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Sam Nussey

SoftBank Group adds $14 billion to market value as shares soar on buyback, third-quarter profit

07 Feb 2019

TOKYO SoftBank Group Corp shares jumped 17 percent on Thursday, adding $14 billion to the Japanese tech investment giant's market value, after it unveiled a record share buyback and a surge in quarterly operating profit.

SoftBank's Son unveils $5.5 billion buyback, laments share price

06 Feb 2019

TOKYO Japan's SoftBank Group Corp announced a $5.5 billion share buyback on Wednesday as it reported a 60 percent increase in quarterly operating profit buoyed by rising valuations for its technology investments. | Video

SoftBank Corp books quarterly profit jump, points to 5G-driven growth

06 Feb 2019

TOKYO Japan's SoftBank Corp booked a 24 percent rise in quarterly profit on Tuesday as users switched to data-heavy plans, pinning future growth on the rise of 5G services in the mobile carrier's first earnings report as a public company.

SoftBank Corp rings up cost of turbulent year-end at first post-IPO earnings

05 Feb 2019

TOKYO, Feb 5 Japan's SoftBank Corp will be under pressure to outline growth plans when it reports its first earnings as a public company on Tuesday, as concerns over a changing mobile market keep its shares well below their blockbuster IPO price.

Japan's Nintendo, Line team up for new Mario mobile game

01 Feb 2019

TOKYO Japan's Nintendo Co Ltd said on Friday it was developing a smartphone game with messaging app operator Line Corp, as it continues to branch out into mobile gaming and diversify its revenue streams.

Japan's Nintendo slashes Switch hardware forecast after bumper third quarter

31 Jan 2019

TOKYO/OSAKA, Japan Japan's Nintendo Co Ltd on Thursday slashed its full-year hardware forecast for the hybrid home-portable Switch console, revising a figure that had been treated with scepticism by investors and added to pressure on its share price.

Sony, Nintendo seen scoring strong third-quarter earnings as console battle reaches next level

30 Jan 2019

TOKYO Sony Corp and Nintendo Co Ltd are expected to score strong quarterly earnings this week, as the Japanese gaming giants battle through the next stage in the lifecycles of their consoles.

World News

Bernie Sanders to seek U.S. presidency again in 2020

U.S. Senator Bernie Sanders, the Vermont progressive whose 2016 White House campaign garnered fervent grassroots support and pushed the Democratic Party sharply to the left, said on Tuesday he would again seek the party's presidential nomination in 2020.