Month: April 2022
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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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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
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 $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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