Bloomberg SoftBank Group Corp. has contributed $5 billion to last month’s record $5.5 billion fundraising by Chinese ride-hailing giant Didi Chuxing. SoftBank Group Capital Ltd., an investment arm of Masayoshi Son’s technology empire, contributed $2 billion to last month’s record fundraising by Chinese ride-hailing giant Didi Chuxing. SBGC invested the money in Xiaoju Kuaizhi Inc., the formal name for ...

  Bloomberg Gold imports by India gained more than four-fold in April driven by jewelers restocking in anticipation of a recovery in sales during the wedding season that will last till mid-June. Shipments rose to 98.3 metric tons last month from 22.2 tons a year earlier, according to a person familiar with provisional data from the finance ministry, who asked ...

  Bloomberg The world’s second-largest shipbuilder has split itself into four companies, a move that would facilitate a potential sale of some of the businesses. Hyundai Heavy Industries Co. started trading as four entities on Wednesday as the conglomerate tries to insulate the group from a financial crisis at any one of its divisions. The breakup splits the operations into ...