Bloomberg
Toshiba’s Independent Probe Was Biased, Former Directors Say
Oct.10 -- Two former executives of Japanese electronics conglomerate Toshiba Corp. say a disputed meeting of shareholders last year was held properly and a subsequent independent report supported by an activist investor was misleading....
AFP News Agency
CLEAN : Anti-pollution protesters demand Taiwan's Formosa quit Vietnam
CLEAN : Anti-pollution protesters demand Taiwan's Formosa quit Vietnam
AFP News Agency
CLEAN : Football: Wanda becomes top sponsor for post Blatter era FIFA
CLEAN : Football: Wanda becomes top sponsor for post Blatter era FIFA
AFP News Agency
CLEAN : Recall crisis puts Samsung brand on trial
The South Korean conglomerate Samsung calls a halt to worldwide sales and exchanges of the troubled smartphone Samsung Galaxy Note 7
Bloomberg
Samsung Electronics Profit Misses Estimates as Chip Prices Fall
Samsung Electronics Co.'s profit missed analyst estimates as chip prices declined. South Korea's largest company reported third-quarter net income of 9.1 trillion won ($6.4 billion) in the three months ended September. Analysts surveyed...
Bloomberg
Asia's Richest Man Adani Seeks $5 Billion to Silence Naysayers
Indian tycoon Gautam Adani, Asia's richest person, is on a hunt to raise at least $5 billion in a bid to silence two long-standing criticisms of his empire: high debt ratios and a small investor base. P R Sanjai reports on Bloomberg...
AFP News Agency
CLEAN : FILE Chinas Wanda buys US filmmaker Legendary for $3.5 bn
CLEAN : FILE Chinas Wanda buys US filmmaker Legendary for $3.5 bn
AFP News Agency
CLEAN : Samsung scion joins board as profits tank on Note 7
Samsung heir apparent Lee Jae Yong takes a major step towards control of the family run conglomerate joining the board as the company reports a 30 percent profit dive following a highly damaging recall crisis
AFP News Agency
CLEAN : China multi billion dollar hotel sale in last minute change
Chinese conglomerate Wanda will sell almost 80 hotels to Guangzhou based R&F Properties instead of developer Sunac China in a last minute change to one of the country's largest ever property deals
Bloomberg
Leshi Shares Have Plummeted in Past 3 weeks
Feb.12 -- Bloomberg's David Ramli reports on the rise and fall of China's Leshi with Ramy Inocencio on "Bloomberg Daybreak: Asia."
Bloomberg
Siemens Aims to Shed 75% of Energy Unit
Nov.20 -- Siemens is aiming to shed 75% of its energy unit in its listing. Bloomberg’s Benedikt Kammel reports on “Bloomberg Markets: European Open.”
Bloomberg
SoftBank Founder Son Plans to Take Chip Business Arm Public
SoftBank Group Corp. founder Masayoshi Son has confirmed his plan to take Arm Ltd. public in the U.S., spending much of his latest earnings call pitching the potential for the chip designer. Still, Son admitted that the storm has only...
Bloomberg
SoftBank CEO Son Pledges Sweeping Cost Cuts After $23.4 Billion Loss
BN's Min Jeong Lee on SoftBank for digital
Bloomberg
Abu Dhabi's Mubadala Is Said in Talks to Buy Fortress From SoftBank
Abu Dhabi sovereign wealth fund Mubadala Investment Co. is in talks to purchase New York-based asset manager Fortress Investment Group from Japanese conglomerate SoftBank Group Corp., according to people with knowledge of the matter....
Bloomberg
SoftBank Is Said to Expect About $100 Million Loss on FTX Stake
Japanese conglomerate SoftBank Group Corp. invested just under $100 million in the troubled crypto exchange FTX.com and anticipates writing down the entire value of the stake, according to a person familiar with the matter. Peter Elstrom...
Bloomberg
Credit Suisse Edges Toward $440 Million Clash With SoftBank
Credit Suisse Group AG has cleared the first hurdle toward launching a $440 million lawsuit against SoftBank Group Corp. It's the latest move in a year-long clash that stems from the collapse of finance firm Greensill Capital. Su Keenan...
Bloomberg
Soros Says India's Modi Needs to Address Adani Crisis
Billionaire investor George Soros urges India's Narendra Modi to respond to questions regarding the turmoil surrounding Gautam Adani's business empire, calling the prime minister and the billionaire "close allies." Soros made the remarks...
Bloomberg
Adani Said to Decide Against Bid for Power Trader PTC Stake
Indian billionaire Gautam Adani has decided against bidding for a stake in state-backed electricity trader PTC India Ltd., according to people familiar with the matter. US short seller Hindenburg Research in late January accused the...
Bloomberg
Goldman, JPMorgan Say Adani Debt Offers Value to Trading Clients
We continue to see the crisis surrounding Indian billionaire Gautam Adani's business empire, but Goldman Sachs Group Inc. and JPMorgan Chase & Co. are seeing silver lining in some of Adani Group's bonds. Sally Bakewell reports on...
Bloomberg
Adani Stocks Plunge, Extending Rout
Pershing Square's Bill Ackman says he finds the fraud accusations against the Adani Group "credible." Shares of Adani Group's companies have lost more than $30 billion in market value in less than two sessions. P R Sanjai reports on...
Bloomberg
Adani Founders Prepay $1.1 Billion Loans
Indian billionaire Gautam Adani is taking new steps to restore confidence in his sprawling conglomerate. Nearly $120 billion of the group's market cap has been erased following a US short-seller report. Emma O'Brien reports on Bloomberg...
Bloomberg
Moody's: Manageable Risks to Banks From Adani Exposure
Alka Anbarasu, associate managing director at Moody's Investors Service, discusses the financial risks from the Adani turmoil, the credit quality of Indian banks and the credit ratings on the Adani Group companies. She speaks on...