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No lunch in Ginza: Japan's scaled-back spending helps push economy to recession -February 15, 2024 at 08:00 pm EST - Vimarsana News

No lunch in Ginza: Japan's scaled-back spending helps push economy to recession -February 15, 2024 at 08:00 pm EST

To grasp the dynamics that bumped Japan into recession and off its perch as the world's third largest economy on Thursday, look no further than Risa Shinkawa's dining habits. Unlike...

No lunch in Ginza: Japan's scaled-back spending helps push economy to recession -February 15, 2024 at 06:03 am EST - Vimarsana News

No lunch in Ginza: Japan's scaled-back spending helps push economy to recession -February 15, 2024 at 06:03 am EST

To grasp the dynamics that bumped Japan into recession and off its perch as the world's third largest economy on Thursday, look no further than Risa Shinkawa's dining habits. Unlike...

Exclusive-NEC spurned private equity offers before selling discounted stake in iPhone supplier, sources say - Vimarsana News

Exclusive-NEC spurned private equity offers before selling discounted stake in iPhone supplier, sources say

TOKYO (Reuters) -Japan's NEC received multiple buyout offers from global private equity funds for iPhone supplier Japan Aviation Electronics Industry before agreeing to sell back much of its 51% stake to the Japanese company at a discount, five people said. At least three global funds all made offers to both NEC and its listed subsidiary JAE, indicating they were willing to pay substantial premiums to buy out the maker of electronics components, the people said, all of whom declined to be identified because the talks were private. The existence of those offers, which has not been previo...

Source: yahoo.com
SoftBank sees new-found caution as secret weapon in AI arms race - Vimarsana News

SoftBank sees new-found caution as secret weapon in AI arms race

For years, SoftBank Group splashed out billions on startups at near-peak valuations without batting an eye. Now founder Masayoshi Son's tech powerhouse is relying on a new weapon as it searches...

SoftBank posts $6.6 billion profit, first in five quarters - Vimarsana News

SoftBank posts $6.6 billion profit, first in five quarters

SoftBank Group on Thursday posted a net profit of 985.5 billion yen in the October-December quarter, ending a streak of four consecutive quarters in the red, as the value of some investments...