SoftBank's SB Energy Files Confidential IPO

SoftBank's clean energy subsidiary SB Energy announced plans to confidentially file Form S-1 with SEC for US IPO. Offering size and timing depend on market conditions and SEC review completion.

Nikkei Retreats After Historic 60,000 Breakthrough

Japan's Nikkei 225 index reached historic 60,000 level but reversed to close 0.75% lower at 59,140.23 amid profit-taking and Middle East concerns, despite AI-driven semiconductor optimism.

Asian Markets Mixed on Semiconductor Rally

Asian markets showed mixed results on May 21, with Japan and Taiwan surging over 3% on semiconductor gains, while China and Hong Kong declined on profit-taking despite Nvidia's strong earnings.