AsiaShift - Business

Business

Aug 8, 2023

Japan's tech investor SoftBank trims losses and promises offensive turnaround

Japanese technology company SoftBank Group continued to rack up losses for the fiscal first quarter as technology investments soured amid a market downturn

Aug 8, 2023

China's July exports tumble by double digits, adding to pressure to shore up flagging economy

China's exports tumbled by double digits in July, adding to pressure on the ruling Communist Party to reverse an economic slump

Customs data show China's exports fell 14.5% in July from a year ago, adding to pressure to shore up flagging economy

Aug 8, 2023

Customs data show China's exports fell 14.5% in July from a year ago, adding to pressure to shore up flagging economy

Aug 7, 2023

Japan raises concerns over Iran's nuclear enrichment and drone supplies to Russia for Ukraine war

Japan has expressed concerns over Iran’s advancing uranium enrichment program and its suspected supplying of combat drones to Moscow for Russia’s war on Ukraine

Aug 7, 2023

Troubled Toshiba announces buyout offer led by Japan businesses

Toshiba has announced a 2 trillion yen, or $14 billion, tender offer in a move that would take it private, as the scandal-tarnished Japanese electronics and energy giant seeks to turn itself around

Aug 7, 2023

Stock market today: Asian benchmarks mostly slip after Wall Street's losing week

Asian shares are trading mostly lower after U.S. employment data had Wall Street close out a losing week

Aug 7, 2023

Stock market today: Asia mixed after Wall St rallies ahead of US inflation update

Asian stocks are mixed after Wall Street rallied and Japanese wages rose ahead of a U.S. inflation update that might influence Federal Reserve plans for more possible interest rate hikes

Aug 4, 2023

U.N. group says people abused by late Japanese boy band producer deserve apologies and compensation

The men who came forward to allege they were sexually abused as teenagers by Japanese boy band producer Johnny Kitagawa now have a powerful listener: the United Nations

Aug 4, 2023

Stock market today: Global stocks mixed before US jobs update following Bank of England rate hike

Global stock markets are higher ahead of a U.S. jobs update that could influence interest rate plans after Britain’s central bank raised its key lending rate

Aug 3, 2023

Nintendo's profit jumps as Super Mario franchise gets a boost from hit film

Nintendo is reporting a 52% increase in profit for the first fiscal quarter following the success of its Super Mario movie and the new Zelda video game