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GLOBAL

Fear spreads easily. That's what gives the Wuhan coronavirus economic impact

One way to count the cost of the Wuhan coronavirus is by how many people catch it, and then how many die. Another is the direct financial costs of public health measures to treat those infected and contain its spread...

By Ilan Noy 30 Jan 2020

GLOBAL

How CEOs, experts and philosophers see the world's biggest risks differently

We live in a world threatened by numerous existential risks that no country or organisation can resolve alone, such as climate change, extreme weather and the coronavirus...

By Christopher Michaelson 28 Jan 2020

GLOBAL

Coronavirus does not look like a 'black swan' event - here are some reasons to be cautiously optimistic

The alarm is sounding again. The Asia financial markets were reasonably calm about the new coronavirus until the news of the lockdown of the whole city of Wuhan in China on 23 January...

By Zheng Wang 27 Jan 2020

GLOBAL

US is more relaxed about oil spike than Europe - which helps explain differences over Iran

Oil prices shot up following the US assassination of Iranian general Qassem Soleimani, rising more than $5 per barrel to more than $71 (£54) on January 6, its highest level since the Saudi oil refinery attack last September...

By Mueid Al Raee 15 Jan 2020

GLOBAL

Facebook's Libra has staggering potential - state control of money could end

The UN recognises 180 currencies worldwide as legal tender, all of them issued by nation states. It does not recognise cryptocurrencies like Bitcoin in this way, even if communities of enthusiasts have been treating them as a means of exchange for over a decade now...

By Gavin Brown 27 Jun 2019

JAPAN

Toshiba's profits of ¥30,8bn in six months

TOKYO, JAPAN: Toshiba said its half-year net profit rose by about 43% from a year ago, largely owing to a weak yen and strong sales in its infrastructure business.

31 Oct 2014

JAPAN

Fujitsu's profits up by 31,5%

TOKYO, JAPAN: Fujitsu said its half-year net profit jumped by nearly a third on rising IT investments among Japanese firms, but a recent economic downturn took a toll on results in the September quarter.

31 Oct 2014

JAPAN

Japan Display warns of enormous losses

TOKYO, JAPAN: Shares in Apple supplier Japan Display slumped more than 18% in Tokyo after the world's biggest manufacturer of screens for smartphones and tablets warned it would post an annual net loss.

17 Oct 2014

JAPAN

Huge demand for iPhone 6 from Chinese buyers

TOKYO, JAPAN: Buyers from China, deprived of the latest iPhone launch at home, were among the first in line in Japan to grab the iPhone 6.

22 Sep 2014

JAPAN

Sony warns it will lose $2.14bn this year

TOKYO, JAPAN: Sony has said the company will lose at least $2.14bn this fiscal year, more than four-times its earlier forecast and blamed a downturn in its mobile phone business for the losses.

18 Sep 2014

JAPAN

Rakuten buys shopping site Ebates for $1bn

TOKYO, JAPAN: Japanese e-commerce company Rakuten will buy US online shopping operator Ebates for $1.0bn as it taps overseas markets to counter a limited home market.

10 Sep 2014

JAPAN

10m PlayStations sold in ten months

TOKYO, JAPAN: Sony says that global sales of its newest PlayStation have past the 10m mark in less than a year, a record for the Japanese electronics company.

14 Aug 2014

JAPAN

Sony makes $261m in three months on PS4 sales

TOKYO - The weak Yen helped Sony make profits of to $261m in the first-quarter thanks to brisk sales of its PlayStation 4 console. However, the company still expects to make an overall loss this year.

1 Aug 2014

JAPAN

Nintendo's loses $97m in three months

TOKYO, JAPAN: Japanese videogame manufacturer Nintendo posted a $97 million quarterly net loss, with higher costs tied to sales of its Wii U console hurting into its bottom line as worldwide sales weakened.

31 Jul 2014

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