January 31, 2019

Japan’s Nintendo books 36 percent profit jump, cuts Switch hardware forecast

Japan’s Nintendo Co Ltd reported a 36 percent jump in quarterly operating profit on Thursday buoyed by strong software sales of its hybrid home-portable Switch console, […]
January 31, 2019

Exclusive: Sri Lanka halts imports of Johnson & Johnson Baby Powder pending asbestos tests

Sri Lanka has halted imports of Johnson & Johnson Baby Powder until the company proves its product is free from cancer-causing asbestos, two government officials and […]
January 31, 2019

Asia stocks scale four-month peak as Fed turns more cautious; dollar sags

Asia stocks rose to a four-month high on Thursday after the Federal Reserve pledged to be patient with further interest rate hikes, signaling a potential end […]
January 31, 2019

GM halts operations at 11 Michigan plants after utility’s urgent appeal

General Motors Co said late on Wednesday it will temporarily suspend operations at 11 Michigan plants and its Warren Tech Center after a utility made an […]
January 31, 2019

South Korea’s Netmarble to form consortium for Nexon holding company bid

South Korean gaming firm Netmarble said it will form a consortium to bid for a controlling stake in Nexon’s holding company, the latest to show interest […]
January 31, 2019

Facebook keeps attracting digital ads, shares jump after hours

Facebook Inc reported better-than-expected profit on Wednesday, showing that digital advertisers were still flocking to spend money on the service in order to reach customers even […]
January 31, 2019

Tesla CFO leaves as automaker promises profits and cheaper cars

Tesla Inc’s chief financial officer will leave the company as the automaker on Wednesday promised cheaper Model 3 sedans, the launch of Chinese production this year […]
January 31, 2019

Alibaba stock rallies on handsome profit beat, optimistic commentary

E-commerce giant Alibaba Group Holding Ltd reported quarterly profit far above market expectations and played down worries of Chinese economic slowdown and U.S. tariff effects, sending […]
January 30, 2019

Facebook profit beats Wall Street, shares jump after hours

Facebook Inc on Wednesday easily beat Wall Street’s profit estimates, soothing investor concerns that increased spending on the privacy of its users would blunt growth. Powered […]
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