Bloomberg Shares of SoftBank Group Corp.’s domestic telecom business had one of the worst first-day declines ever in Japan after Masayoshi Son raised $23.6 billion in an initial public offering. SoftBank Corp., the new entity trading under ticker 9434 on the Tokyo Stock Exchange, declined 14.5 percent to 1,282 yen in Tokyo. That’s the biggest decline for a major IPO ...

Bloomberg Japan’s export growth slowed again in November, with shipments eking out a tiny gain, as weakening demand in China and trade-war risks cloud the outlook. The value of exports rose 0.1 percent from a year earlier, broadly in line with a median forecast for a 1.2 percent gain, according to the finance ministry. With the exception of a decline ...

Bloomberg Hong Kong’s government is set to sell its first batch of cheap homes under a new programme to help people get on the property ladder in the world’s least affordable housing market. The “starter homes” in Kowloon, across the harbour from Hong Kong Island, will be priced at about 38 percent below market levels — or around HK$13,000 ($1,662) ...