Month: April 2022

Asia is seeing a wave of buybacks. Goldman and Morgan Stanley say these companies could be next
World

Asia is seeing a wave of buybacks. Goldman and Morgan Stanley say these companies could be next

Asia has seen a wave of stock buybacks, and bank analysts say it’s not stopping anytime soon. Chinese tech giant Alibaba said last week it will increase its share buyback program from $15 billion to $25 billion. Phone maker Xiaomi announced Tuesday a buyback of up to 10 billion Hong Kong dollars ($1.28 billion), while JD […]

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Japanese Prime Minister Fumio Kishida decided weeks ago to keep Russian gas: Reuters, citing sources
World

Japanese Prime Minister Fumio Kishida decided weeks ago to keep Russian gas: Reuters, citing sources

The liquefied natural gas (LNG) tanker Sohshu Maru approaches Jera Co.’s Futtsu Thermal Power Station, unseen, in Futtsu, Chiba Prefecture, Japan, on Friday, Dec. 17, 2021. Japanese Prime Minister Fumio Kishida’s announcement on Thursday that he would not abandon a massive Russian gas project was decided weeks ago, sources told Reuters. Kiyoshi Ota | Bloomberg […]

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LAPD was ‘prepared’ to arrest Will Smith after he slapped Chris Rock, Oscars producer says
Business

LAPD was ‘prepared’ to arrest Will Smith after he slapped Chris Rock, Oscars producer says

Will Smith accepts the award for Best Actor in a Leading Role for “King Richard” onstage during the 94th Oscars at the Dolby Theatre in Hollywood, California on March 27, 2022. Robyn Beck | Afp | Getty Images Will Packer, who produced the 2022 Academy Awards ceremony, has spoken out about Sunday’s incident in which […]

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Japan stocks lead losses in Asia-Pacific; private survey on Chinese manufacturing activity ahead
World

Japan stocks lead losses in Asia-Pacific; private survey on Chinese manufacturing activity ahead

SINGAPORE — Shares in Asia-Pacific fell Friday morning following overnight losses on Wall Street, with investors looking ahead to the release of a private survey on Chinese manufacturing activity in March. The Nikkei 225 slipped 1.29%, as shares of SoftBank Group dropped more than 2%, while the Topix index fell 1.2%. Sentiment at Japan’s large […]

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Fantasy author’s record-breaking Kickstarter campaign closes at .7 million
Business

Fantasy author’s record-breaking Kickstarter campaign closes at $41.7 million

Portrait of American fantasy author Brandon Sanderson taken on June 3, 2011. Sfx Magazine | Future | Getty Images Brandon Sanderson asked Kickstarter fans for $1 million to self-publish four novels he wrote during the pandemic. Thirty days later, his campaign has topped $41.7 million from more than 185,000 backers and is the most-funded Kickstarter […]

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