SoftBank Expected to Book 1.87 bln Profit on IPOs

TOKYO, Nov 11 Reuters Japanese technology investor SoftBank Group is expected to report a 287 billion yen 1.87 billion quarterly profit on Tuesday, boosted by successful portfolio company listings even as a stronger yen dampened foreign currencydenominated gains. Analysts are also looking out for signs of new investment momentum driven by SoftBank39;s robust balance sheet and […]
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South Korea Stock Market Closer to Winning MSCI Developed Status, Regulator

SEOUL, Nov 11 Reuters The vice chairman of South Korea39;s Financial Services Commission said on Monday he saw a much higher possibility of the domestic stock market winning a developed market status from global index provider Morgan Stanley Capital International MSCI next year. There have been many improvements regarding stock market accessibility, which are expected […]
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Spains Cellnex NineMonth Core Earnings Rise 6.1

BARCELONA, Nov 11 Reuters Spain39;s Cellnex, Europe39;s largest mobile phone tower operator, on Monday reported a 6.1 hike in adjusted core earnings in the first nine months of the year as revenues grew 7 to 2.9 billion euros 3.11 billion thanks to the deployment of more towers. Cellnex booked a narrower net loss of 140 […]
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Spains Melia Hotels net Profit Jumps 40 after Strong Summer

MADRID, Nov 11 Reuters Spain39;s Melia Hotels reported a 40 rise in thirdquarter net profit on Monday, attributing the bigger than expected increase to a strong summer season as it reaped the benefits of its investments in luxury rooms in holiday resorts. The country39;s largest hotel chain said net profit for the three months totalled 74.9 […]
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