Financial Performance
HSBC warns of risks to world economic growth as profit dives
Feb 21, 2017

HSBC warns of risks to world economic growth as profit dives

London-based bank HSBC reports that annual profit slumped following a year it said would be remembered for "unexpected economic and political events" and warned of risks in 2017 to the global economy'...

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Hong Kong Disneyland posts 2016 loss on tourism softness
Feb 20, 2017

Hong Kong Disneyland posts 2016 loss on tourism softness

Hong Kong Disneyland has posted another annual loss as attendance by mainland Chinese tourists dropped amid a softer tourism market...

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Asian shares mixed as investors await Fed, company earnings
Feb 20, 2017

Asian shares mixed as investors await Fed, company earnings

Asian stocks are mixed in early trading as investors looked for fresh leads while awaiting economic and corporate earnings reports and Fed meeting minutes due out this week...

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Toshiba chairman resigns over huge nuclear business loss
Feb 14, 2017

Toshiba chairman resigns over huge nuclear business loss

Toshiba Corp.'s chairman has resigned after the company logged such massive losses in its nuclear business that it is looking to sell its lucrative computer-chip business to avoid going belly-up...

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Chinese auto sales weaken in January as sales tax rises
Feb 13, 2017

Chinese auto sales weaken in January as sales tax rises

China's auto sales declined in January after a sales tax increase...

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Strong global sales drive Nissan quarterly profit higher
Feb 9, 2017

Strong global sales drive Nissan quarterly profit higher

Nissan says its October-December profit rose 3.5 percent from last year as sales grew in all major markets...

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SoftBank quarterly profit soars on investment empire
Feb 8, 2017

SoftBank quarterly profit soars on investment empire

Japanese telecommunications, internet and solar company SoftBank Group Corp. says its October-December profit soared to about 40 times what it was a year ago...

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Toyota takes 23 percent hit to profit on lower sales, yen
Feb 6, 2017

Toyota takes 23 percent hit to profit on lower sales, yen

Toyota Motor Corp. is reporting a 23 percent drop in its October-December profit from a year earlier due to a drop in sales and an unfavorable exchange rate...

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Honda profit jumps on cost cuts, absence of recall expenses
Feb 3, 2017

Honda profit jumps on cost cuts, absence of recall expenses

Honda says its profit jumped 36 percent in October-December from a year earlier, shrugging off damage from a strong yen...

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Sony records 84 pct quarterly profit drop on movie loss
Feb 2, 2017

Sony records 84 pct quarterly profit drop on movie loss

Japanese electronics and entertainment company Sony Corp. says its profit dropped 84 percent in October-December as losses in its movie division offset healthy results in its video game business...

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