• NEWS
    Sharp Shares Soar on Prospect of Full-Year Operating Profit

    Japan’s Sharp Corp on Wednesday said it expects significant improvement in annual profit due to restructuring and synergies with new owner Foxconn, sending shares in the display maker soaring more than 10 percent. The statement came after the Nikkei business daily reported that Sharp forecasts operating profit of about JPY 40 billion ($385 million) for […]

  • NEWS
    Nintendo Cuts Full-Year Profit View on Wii U Woes

    Nintendo Cuts Full-Year Profit View on Wii U Woes Nintendo cut its full-year outlook Wednesday blaming disappointing Wii U game sales and a strong yen, but it remained profitable thanks to the sale of the Seattle Mariners baseball team. The warning came despite the immense global popularity of the Pokemon Go app this summer, which […]

  • NEWS
    Berkshire reports record full-year profit of $24.08 billion

    Warren Buffett, who is backing Democratic candidate Hillary Clinton, raised a political issue dear to Democrats in his widely-read letter by calling climate change a ‘major problem for the planet’. Photo: Bloomberg Warren Buffett on Saturday used his annual letter to Berkshire Hathaway Inc shareholders to launch vigorous defence of an aggressive private equity partner […]