SoftBank Corp.’s Masayoshi Son said he wants to improve wireless connection speeds and lower monthly bills for U.S. customers as he pursues the acquisition of T- Mobile US Inc.
Japan’s Topix index rose a third day, to its highest close in almost five months, after the Federal Reserve said U.S. growth is recovering and interest rates will remain low for some time.
Japan’s Topix index climbed after preliminary China manufacturing data beat estimates and Federal Reserve minutes showed policy makers see little risk continued stimulus will spur faster inflation.
Seibu Holdings Inc. President Takashi Goto is seeking to relist Japan’s biggest hotel chain after a nearly 10-year hiatus. Now he needs to court investors made wary by two other recent IPOs that flopped.
Sharp Corp., a supplier of displays for Apple Inc.’s iPhone and iPad, fell the most in more than 10 months after the company said it’s considering ways to increase capital.
Japan’s Topix index advanced for a sixth day, with the measure poised for its first monthly gain this year, as exporters and fishing stocks climbed.
Nihon Trim Co., the biggest gainer in 2013 on Japan’s Topix index, said its shares surged on investor bets its U.S. genetic testing business will boost earnings and as demand rises for purified water.