Japan News
-
Sony Corp.’s board is discussing a proposal by Daniel Loeb’s Third Point LLC to spin off part of its entertainment business, Chief Executive Officer Kazuo Hirai said today.
-
Japan’s Topix Index extended a 4 1/2- year high, as Sojitz Corp. jumped and Sony Corp. rose to its highest in more than two years. Shares held gains after the Bank of Japan upgraded its economic assessment while keeping policy unchanged.
-
The yen weakened for a second day against the euro after Bank of Japan policy makers affirmed a plan to double the monetary base over two years and their statement made no reference to rising bond yields.
-
Nintendo Co., the world’s biggest video-game maker, won a second U.S. patent-infringement case this month, successfully defending its Wii system and adding to a trend of companies fighting royalty demands and winning.
Rate this Page