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Winners and losers in Japan’s 2020 stock market
TOKYO: More time at home, reduced mobility and billionaire Masayoshi Son helped drive stocks in Japan in 2020, as the coronavirus pandemic became the dominating force separating winners from losers.
Alibaba plans to raise at least US$5b via dollar bond this month
HONG KONG: Chinese e-commerce leader Alibaba Group Holding Ltd plans to raise at least $5 billion through the sale of a U.S. dollar-denominated bond this month, four people with direct knowledge of the matter said.
Alibaba plans US$5bil bond this month amid regulatory scrutiny
HONG KONG: China's Alibaba Group Holding Ltd plans to raise at least $5 billion through the sale of a U.S. dollar-denominated bond this month, four people with knowledge of the matter said, amid regulatory scrutiny of co-founder Jack Ma's empire.
Nikkei hits 30-year high, financials boost Topix
TOKYO: Japanese shares rose to multi-year highs on Thursday, powered by financials as U.S. bond yields climbed on hopes of larger debt-financed stimulus following a Democrat sweep in two Senate runoffs in Georgia.
SoftBank’s Son poised for another IPO windfall
Tech conglomerate to take six portfolio companies public
LEVERAGING THE CLOUD ADVANTAGE FOR GROWTH
IT has been more than a month since the widely anticipated Singles’ Day passed, but its success - evident in its phenomenal growth year-on-year - demonstrates the undeniably rapid acceleration of technology adoption worldwide, with the hero being the technology that underpins e-commerce platforms: cloud computing.
LEVERAGING THE CLOUD ADVANTAGE FOR GROWTH
IT has been more than a month since the widely anticipated Singles’ Day passed, but its success - evident in its phenomenal growth year-on-year - demonstrates the undeniably rapid acceleration of technology adoption worldwide, with the hero being the technology that underpins e-commerce platforms: cloud computing.
SoftBank gets first ‘sell’ rating in four years
TOKYO: SoftBank Group Corp got the equivalent of a “sell” rating for the first time in more than four years after a surge in its shares pushed them beyond the price target for many analysts.
Tencent’s US$232b rally triggers frenzy in shares, options
HONG KONG: Hong Kong’s equity traders can’t get enough of Tencent Holdings Ltd., the $930 billion giant that’s on pace for its biggest ever monthly gain.
Tencent shares drop after nearing US$1 trillion valuation
HONG KONG: Tencent Holdings Ltd. fell Tuesday, after a world-beating surge in the stock pushed its market value to the cusp of $1 trillion for the first time.