Financial Performance
Nintendo's third quarter profit jumps on Pokemon game sales
Jan 31, 2017

Nintendo's third quarter profit jumps on Pokemon game sales

Japanese video game maker Nintendo Co. is reporting its third-quarter profit more than doubled from a year earlier on healthy sales of Pokemon game software...

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Record 32.59 million foreign tourists visit Thailand in 2016
Jan 30, 2017

Record 32.59 million foreign tourists visit Thailand in 2016

Thailand tourism officials say the country received a record 32.59 million foreign visitors last year and beat revenue predictions...

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VW likely to win global sales crown as Toyota growth slows
Jan 30, 2017

VW likely to win global sales crown as Toyota growth slows

Volkswagen can in all likelihood claim the title of world's biggest automaker for 2016...

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Hyundai Motor's profit tumbles 39 percent on weak car sales
Jan 25, 2017

Hyundai Motor's profit tumbles 39 percent on weak car sales

Hyundai Motor Co. says its fourth-quarter income sank 39 percent to the lowest level in seven years, hit by weak demand in South Korea and the United States and higher costs from strikes and sales inc...

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Samsung's earnings more than double on record chip profits
Jan 24, 2017

Samsung's earnings more than double on record chip profits

Samsung Electronics says its fourth-quarter profit more than doubled over a year earlier thanks to record-high earnings from its brisk memory chip business and strong smartphone sales despite costly G...

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China auto market has bumper year but 2017 outlook is weaker
Jan 12, 2017

China auto market has bumper year but 2017 outlook is weaker

Industry figures show China's auto market had a bumper year in 2016 as sales grew by 15 percent, with drivers rushing to buy cars before a tax break expired at the end of the year...

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McDonald's sells China business in deal worth up to $2.1B
Jan 9, 2017

McDonald's sells China business in deal worth up to $2.1B

Fast-food giant McDonald's is selling a controlling stake in its China business to a group of investors led by state-owned Chinese conglomerate Citic in a deal worth up to $2.1 billion...

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Samsung's profit jumps 50 percent despite Galaxy fiasco
Jan 6, 2017

Samsung's profit jumps 50 percent despite Galaxy fiasco

Samsung Electronics Co. says that its profits in the last quarter of 2016 surged 50 percent to the highest level in more than three years, despite the Galaxy Note 7 fiasco...

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GM's main China venture fined $29M in anti-monopoly case
Dec 23, 2016

GM's main China venture fined $29M in anti-monopoly case

General Motors Co.'s main joint venture in China has been fined 201 million yuan ($29 million) for violating anti-monopoly rules, adding to a string of penalties imposed on foreign auto brands over th...

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Hanjin Shipping to get more funds to resolve cargo crisis
Sep 22, 2016

Hanjin Shipping to get more funds to resolve cargo crisis

Hanjin Shipping is to receive as much as $100 million in additional funds to resolve the cargo crisis caused by its slide toward bankruptcy...

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