Markets

Shares of Apple supplier Sharp Corp tumbled 14per cent on Friday given concerns about an escalating China-U.S. trade war, even as the Japanese firm said a day earlier that it would build a plant in Vietnam to ease any impact on its business.

BANGKOK: US Secretary of State Mike Pompeo on Friday (Aug 2) decried "decades of bad behaviour" from China that have hampered free trade, laying out a case at a Southeast Asian forum for Washington's escalating trade war with Beijing. Pompeo's statements came after President Donald Trump on ...

Japan's Honda Motor Co reported a 16per cent drop in first-quarter operating profit on Friday, as a stronger yen weighed on overseas earnings and U.S. vehicle sales dropped.

SEOUL: President Moon Jae-in vowed on Friday (Aug 2) to take stern action against Japan's decision to strip South Korea of its fast track export status, calling it a reckless and unfair retaliatory action by Tokyo. "We won't be defeated by Japan again," Moon told a Cabinet meeting in...

TAIPEI: Taiwan's Foxconn is exploring the sale of its new US$8.8 billion display panel factory in China, people familiar with the matter told Reuters, as demand for the product wanes amid an intensifying US-China trade war. Foxconn, formally known as Hon Hai Precision Industry, is in talks to ......

Tencent and Nintendo said on Friday they were working together to localise the Japanese gaming firm's well-known Switch games for the Chinese market and set up a server through the Chinese company's cloud service.

TOKYO: Toyota Motor Corp cut its full-year profit forecast on Friday by nearly 6per cent on expectations a stronger yen will weigh on its bottom line, overshadowing its best quarterly performance in nearly four years. Japan's biggest automaker posted an 8.7per cent rise in operating profit to 741 ......

Campbell Soup Co on Friday confirmed that it signed a deal to sell its Australian snacks unit Arnott's and some of its international operations to KKR & Co Inc for US$2.2 billion as the U.S. company works on reducing debt.

GoPro Inc raised its 2019 revenue forecast on Thursday, as the action camera maker bets on new releases slated for later this year and helping shares reverse course to trade up 5per cent.

U.S. job growth likely slowed in July after outsized gains in the prior month, with wages probably maintaining their moderate pace of increase, which could boost market expectations for another interest rate cut from the Federal Reserve next month.