Tencent Posts Record 2Q Profit

It was a monster set of results for Chinese tech giant Tencent. Profit blew away estimates to a record high with the fastest pace of sales growth in seven years. Bloomberg's Stephen Engle reports on "Bloomberg Daybreak: Asia." (Source: Bloomberg)

Toshiba's Board Agrees to Sell Chip Unit for $18 Billion
33:29 - Toshiba's board agreed to sell its flash memory chip unit to a group led by Bain Capital for 2 trillion yen ($18 billion), taking an important step toward ending a contentious bidding process that has stretched over eight months. Bloomberg's Peter Elstrom reports on "Bloomberg Daybreak: Asia." (Source: Bloomberg)
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