Asia News

Japan’s Nikkei leads losses in mixed Asia markets; SoftBank shares drop 7% after earnings losses

SINGAPORE — Shares in the Asia-Pacific were mixed Tuesday on a quiet data day as markets continue to digest last week’s stellar U.S. jobs report. SoftBank Group’s stock fell around 7% after its Vision Fund reported a 2.93 trillion Japanese yen ($21.68 billion) loss for the June quarter on Monday after the market close. The …

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They dropped out of Stanford to run a startup. Now, it’s close to becoming India’s next tech unicorn

“When we started this 12 months ago, every conversation we had was, ‘You’re totally out of your mind, this is never going to work,’” said teenage CEO Aadit Palicha.  Yet, Palicha’s company has managed to prove those doubters wrong — it’s now nearing unicorn status and is one of India’s fastest-growing quick commerce apps. A unicorn …

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