SoftBank (OTCMKTS:SFTBY) will host its 2020 annual meeting of shareholders today. The shareholder meeting comes at an interesting time for the company.
Dish stock jumped after Dish Network Chairman Charlie Ergen mentioned financial support from SoftBank in the T-Mobile–Sprint merger trial. We’ll look at what this support means to Dish.
In December, Amazon (AMZN) stock opened above $1,800 but dropped by 3% during the week to close at $1751.6. In addition, its YTD returns dropped to 14%.
In 2017, Softbank (SFTBY) created a pool of $100 billion to promote new business ventures. The company provided seed funding to entrepreneurs worldwide.
The global telecom industry is undergoing a rapid transformation, especially with the advent of 5G technology. We look at the telecom space’s key trends.
WeWork, which was expected to go public this month, has suspended its IPO at least until next month after a lackluster response from potential investors.
Reports indicate that WeWork is looking to cut its valuation by over 50% to ease its upcoming IPO. WeWork was privately valued at $47 billion in January.
Last year, Alibaba (BABA) made a big bet on China’s local consumer services industry with its acquisition of online food delivery provider Ele.me in a transaction that valued the business at $9.5 billion.
The SunAmerica Japan Fund – Class A (SAESX) fell a sharp 17% in the first four months of 2016, making it the second-worst performer among the nine funds in this review.
From a purely net asset value return standpoint, the Fidelity Pacific Basin Fund (FPBFX) was among the top three funds in its peer group in the one-year period ending March 31, 2016, as well as in 1Q16.
In terms of NAV (net asset value), the Fidelity Pacific Basin Fund (FPBFX) was the best-performing fund among the nine we’ll be looking at in this series.
The T. Rowe Price Japan Fund (PRJPX) is well diversified with 78 holdings as of December 2015. It was managing assets worth $330.08 million at the end of December.
The World Bank noted that the slow growth rate of emerging and developing countries came along a slowdown in global trade and a rise in financial volatility.
According to Japan’s Ministry of Internal Affairs & Communications, the unemployment rate rose to 3.3% in November 2015, as compared to 3.1% in October 2015 and 3.5% in November 2014.
With an increase in food prices by 2.9%, Japan’s CPI remained relatively unchanged on a YoY basis in November, recording the same increase of 0.3% seen in October 2015.
On November 18, 75% of the portfolio holdings of the iShares MSCI Japan ETF (EWJ) closed above their 100-day moving averages—up from 66% on November 17.
For investors interested in international mutual funds, the next step is to evaluate the investment style, as well as risk and return metrics like the Sharpe ratio and standard deviation.
An analysis of the iShares MSCI Japan ETF will tell us about more about its Volatility, showing the fluctuation in periodic returns from average returns.
The iShares MSCI Japan ETF (EWJ) fell 0.08% from the previous day to close at $12.50 on October 26 ahead of the Bank of Japan’s monetary policy review on Friday, October 30.
High-yield bond issuance fell in 3Q15 compared to 2Q15, with July and August seeing muted issuance activity. Both of these months saw the least issuance in 2015 year-to-date.
The T. Rowe Price Japan Fund’s (PRJPX) total returns for the past one year ended July 24, 2015, stood at 6.8%. Toyota has been the fund’s top holding in the period, forming 4.8% of the portfolio on average.
The total number of holdings in the WisdomTree Japan Hedged Equity ETF (DXJ) is 329, whereas the total is 316 for the Deutsche X-trackers MSCI Japan Hedged Equity ETF (DBJP).
The US leveraged loans market saw an allocation of $16.2 billion in senior loans in the week ending July 31. This was sharply higher than the $9.3 billion priced in the week ended July 24.
Junk bond issuance activity was subdued in the week ended July 31 as issuers remained wary of the volatility in the commodities markets and the fall in Chinese equities.
During the company’s conference call to announce fiscal Q3 earnings, Apple’s management said that there were some unforeseen issues in Japan in fiscal Q3.
