SoftBank mobile IPO would help rein in debt and diversify funding – Nikkei Asian Review

TOKYO — By publicly listing wireless subsidiary SoftBank, SoftBank Group would likely be able to rein in its rising debt and diversify its funding channels, in addition to streamlining its operational structure made more complicated by a string of big investments. The Japanese technology giant has burned through cash in recent years with such deals as the…

SoftBank mobile IPO would help rein in debt, diversify funding – Nikkei Asian Review

TOKYO — By publicly listing wireless subsidiary SoftBank, SoftBank Group would likely be able to rein in its rising debt and diversify its funding channels, in addition to streamlining its operational structure made more complicated by a string of big investments. The Japanese technology giant has burned through cash in recent years with such deals as the…

Oil price hike, surge in debt issuance help GCC avert sharp cut in reserves – Khaleej Times

GCC countries were able to avert an otherwise sharper deterioration in their international reserves on the back of an increase in oil prices and a subsequent positive impact on current account balances, Moody’s Investors Service said on Monday. Large sovereign external debt issuance valued at $49.3 billion in 2017, up more than $10 billion from…