Month: October 2019

(Bloomberg) — SoftBank Group Corp.’s Masayoshi Son says he is unhappy with how far short his accomplishments to date have fallen of his goals.“The results still have a long way to go and that makes me embarrassed and impatient,” Son said in an interview with Nikkei Business. “I used to envy the scale of the markets in the U.S. and China, but now you see red-hot growth companies coming out of small markets like in Southeast Asia. There is just no excuse for entrepreneurs in Japan, myself included.”Son built a $13.8 billion personal fortune by transforming SoftBank into a global …read more […]

Asian shares edged higher on Monday after data showed the U.S. unemployment rate dropped to the lowest in almost 50 years, easing concerns of a slowdown in the world’s largest economy. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.16%. Japan’s Nikkei stock index opened higher but reversed course and fell 0.2%. …read more […]

Indian private sector lender Yes Bank is in talks with Microsoft Corp and two other technology companies as it looks to bring in a strategic shareholder as part of a strategy to rake in fresh capital, the Mint newspaper reported on Sunday. The talks began three weeks ago and could see the bank selling as much as 15% through a fresh equity issue, the newspaper reported https://bit.ly/2Mi7vk6, citing two people aware of the discussions. The bank’s chief executive officer, Ravneet Gill, had said last week that the lender was in talks with private equity firms, strategic …read more […]

Today we will run through one way of estimating the intrinsic value of Ganesha Ecosphere Limited (NSE:GANECOS) by… …read more […]

In a wide-ranging interview, Boston Fed President Eric Rosengren discussed the Fed’s interest rate policy, divisions among members of the FOMC and his expectations for the U.S. economy. Rosengren spoke with Yahoo Finance reporter Brian Cheung in Boston during the bank’s economic research conference, “A House Divided: Geographic Disparities in Twenty-First Century America.” …read more […]

(Bloomberg) — Amazon.com Inc. and rival Walmart Inc. reported record revenue for their six-day India sales festivals as e-commerce catches on with buyers and sellers in smaller Indian towns, moving beyond the country’s urban, English-speaking population.The American competitors have been dueling in India since Walmart cut a $16 billion deal for control of local pioneer Flipkart Online Services Pvt last year. Their latest sales — which Amazon calls the Great Indian Festival and Flipkart calls Big Billion Days — are a high-stakes battle that ran on the same days and concluded over the weekend.Both focused on expanding their online commerce …read more […]

Today we will run through one way of estimating the intrinsic value of Trustpower Limited (NZSE:TPW) by taking the… …read more […]

Asian shares edged higher on Monday after data showed the U.S. unemployment rate dropped to the lowest in almost 50 years, easing concerns of a slowdown in the world’s largest economy. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.18%. Japan’s Nikkei stock index opened higher but reversed course and fell 0.3%. …read more […]

Warren Buffett famously said, ‘Volatility is far from synonymous with risk.’ So it might be obvious that you need to… …read more […]

Highlights of this day in history: U.S. and Britain strike Afghanistan; Achille Lauro hijacked; Supreme Court pick Clarence Thomas faces damaging claims; Matthew Shepard beaten to death; Singer John Mellencamp born; ‘Cats’ hits Broadway. (Oct. 7) …read more […]