Day traders may be rejoicing at SoftBank Group Corp.’s biggest ever buyback, but for loyal believers in Masayoshi Son’s magic wand, it’s another worrisome development. SoftBank unveiled the repurchase program last week, promising to spend as much as $5.5 billion on its own stock over the coming year. That would be enough to buy 71 million shares, or 6.5 percent ...

When companies book a massive writedown, shareholders often just shrug. That’s because impairments usually happen a long time after the market has formed a fairly accurate opinion of the company’s financial position — and a charge doesn’t impact cash. India’s Tata Motors Ltd hasn’t been so lucky in how its own writedown was received this week. The 3.1 billion pound ...

India’s interest-rate surprise is looking more like a good one. In what may seem like an odd pairing outside cricket contests, New Zealand may have just validated the subcontinent’s contentious cut. Inflation figures showed an easing in the pace of India’s consumer-price increases in January. That’s what you want to see if you’re going to shock people with a reduction ...