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SoftBank shares soared Wednesday after US President-elect Donald Trump said the Japanese telecoms giant would invest $50 billion in business and job-creation in the United States.
The Tokyo-listed firm jumped more than five percent after the opening bell Hombre Nike Air Max 270 Luz Bone Baratas , hours after the tycoon announced the deal, while wrapping an arm around SoftBank's flamboyant billionaire founder Masayoshi Son.
In afternoon trading market heavyweight SoftBank was up 4.2 percent at 7,249 yen.
"This is Masa of SoftBank from Japan and he's just agreed to invest $50 billion in the United States and 50,000 jobs Nike Epic React Flyknit Negras Baratas ," Trump told reporters in the lobby of Trump Tower in New York.
In New York, the SoftBank chief executive brandished a document featuring the names of his firm and that of Foxconn, the Taiwanese technology giant, that read: "Commit to invest $50bn + $7bn in US Nike Epic React Flyknit Azul Baratas , generate 50k + 50k new jobs in US in next four years."
The soon-to-be US president offered no specific details, and a Tokyo-based spokesman for SoftBank declined comment. Foxconn, which assembles Apple's iPhone and supplies parts, also refused to comment.
Son told reporters the money will come from a $100 billion investment fund he is setting up with Saudi Arabia's sovereign wealth fund and other partners Nike Epic React Flyknit Blancas Fusion Baratas , a move announced in mid-October, Japan's Jiji Press reported.
"Investors are welcoming the announcement," Shuji Hosoi, a senior strategist at Daiwa Securities in Tokyo Mujer Nike Epic React Flyknit Gris Baratas , told AFP.
"It was something unexpected, and the size of the pledge is big. Son's remarks were generally in line with what Trump has been saying (about boosting the economy)."
Trump campaigned on a platform of bringing jobs back the the United States he claimed were being taken away by -- particularly by China -- while he also threatened "consequences" for American firms that fire workers and leave the country. He also said he would slash corporate taxes.
SoftBank already has investments in the United States: in 2013 it paid $22 billion for 80 percent of Sprint. Son initially set his sights on a merger with T-Mobile, but that plan was abandoned owing to likely opposition from US regulators.
WASHINGTON, Aug. 10 (Xinhua) -- U.S. President Donald Trump on Thursday slammed Senate Majority Leader Mitch McConnell again for the failure to repeal Obamacare.
"Can you believe that Mitch McConnell Mujer Nike Epic React Flyknit Triple Negras Baratas , who has screamed Repeal & Replace for 7 years, couldn't get it done." Trump tweeted in the morning.
"Must Repeal & Replace ObamaCare!" he wrote on Twitter, though with no more details of his further plan. Republicans have pledged to repeal Obamacare since 2010. This is also a key campaign promise for Trump.
McConnell on Monday said Trump had "excessive expectations about how quickly things happen in the democratic process."
"Our new president had of course not been in this line of work before," he said at the Rotary Club of Florence Mujer Nike Epic React Flyknit Blancas Baratas , Kentucky.
Republican lawmakers' work in the first 200 days of Trump's presidency has been unfairly criticized partly because "artificial deadlines, unrelated to the reality of the complexity of legislating, may not have been fully understood," the Kentucky Republican said.
Trump hit back on Twitter on Wednesday after reportedly speaking with McConnell by phone about these remarks: "Senator Mitch McConnell said I had 'excessive expectations Nike Air Max 2 Uptempo Baratas ,' but I don't think so. After 7 years of hearing Repeal & Replace, why not done?" he tweeted.
Despite the public sparring, Trump and the Senate Majority Leader are in frequent contact, usually by phone calls Nike SB Zoom Blazer Baratas , to discuss legislative strategy, according to local media reports.
McConnell has been a steadfast backer of Trump's agenda in Congress. In April, he helped changing the Senate rules so that Democrats couldn't block the confirmation of Trump's Supreme Court pick Neil Gorsuch.
The U.S. Congress is currently out on its August recess and Trump has been on a 17-day working vacation since Friday at his private golf club in Bedminster, the state of New Jersey.
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