North Asia

SoftBank Accelerates Asset Sales After Vision Fund $50bn Hit

Chief Executive Masayoshi Son revealed he was in talks to sell asset manager Fortress as he tries to stem his…

2 days ago

Apple Tells Taiwan Suppliers To Meet China Label Standards

Assemblers in Taiwan such as Foxconn and Pegatron have been ramping up production so Apple can launch its iPhone 14…

3 days ago

SoftBank’s Vision Fund Posts $23bn Quarterly Loss

SoftBank chief Masayoshi Son said the world was "in great confusion" and signalled personnel cuts at the Vision Fund, saying…

3 days ago

Chinese Planes, Ships Simulating Attacks, Taiwan Says

Chinese planes and warships simulated an attack on Taiwan on Saturday, island officials said, to punish them for hosting a…

5 days ago

Taiwan Missile Production Expert Found Dead in Hotel

Authorities are looking into the death of the deputy head of the military's National Chung-Shan Institute of Science and Technology…

5 days ago

SoftBank’s Vision Fund May Take $10bn First-Quarter Loss

Sliding values of stocks held by SoftBank's Vision Fund suggest more bad news when CEO Masayoshi Son reports first-quarter earnings…

6 days ago

AF TV – Explained: Why Pelosi’s Taiwan Visit is Heightening Fears on TSMC

A surprise visit by US House of Representatives Speaker Nancy Pelosi to Taiwan has brought back the spotlight on Taiwanese…

1 week ago

Japan PM Wants Wage Hikes to Help Households Battle Inflation

Japanese PM Fumio Kishida has reached out to labour unions and companies as part of his push for wage increases…

1 week ago

Toyota Suffers Shock 42% Profit Drop in June Quarter

Japanese car giant said its operating profit plunged by 42% in the first quarter, after auto production was hit by…

1 week ago

Toyota Faces Double-Digit Profit Fall on Supply-Chain Woes

The world's top carmaker could report a double-digit drop in first-quarter profit this week as supply-chain woes forced it to…

1 week ago

Toyota Scandal: Hino Falsified Emissions Data Since 2003

Hino shares plunged almost 10% on Tuesday, after company probe reveals it found emissions data was falsified for 13 more years…

1 week ago

US Rate Bets See Yen Post Biggest Weekly Gain in 4 Months

The Japanese currency was boosted by bets US interest rates are close to a peak after the world's biggest economy…

2 weeks ago