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GLOBAL

Facebook's Libra has staggering potential - state control of money could end

The UN recognises 180 currencies worldwide as legal tender, all of them issued by nation states. It does not recognise cryptocurrencies like Bitcoin in this way, even if communities of enthusiasts have been treating them as a means of exchange for over a decade now...

By Gavin Brown 27 Jun 2019

JAPAN

Toshiba's profits of ¥30,8bn in six months

TOKYO, JAPAN: Toshiba said its half-year net profit rose by about 43% from a year ago, largely owing to a weak yen and strong sales in its infrastructure business.

31 Oct 2014

JAPAN

Fujitsu's profits up by 31,5%

TOKYO, JAPAN: Fujitsu said its half-year net profit jumped by nearly a third on rising IT investments among Japanese firms, but a recent economic downturn took a toll on results in the September quarter.

31 Oct 2014

JAPAN

Japan Display warns of enormous losses

TOKYO, JAPAN: Shares in Apple supplier Japan Display slumped more than 18% in Tokyo after the world's biggest manufacturer of screens for smartphones and tablets warned it would post an annual net loss.

17 Oct 2014

JAPAN

Huge demand for iPhone 6 from Chinese buyers

TOKYO, JAPAN: Buyers from China, deprived of the latest iPhone launch at home, were among the first in line in Japan to grab the iPhone 6.

22 Sep 2014

JAPAN

Sony warns it will lose $2.14bn this year

TOKYO, JAPAN: Sony has said the company will lose at least $2.14bn this fiscal year, more than four-times its earlier forecast and blamed a downturn in its mobile phone business for the losses.

18 Sep 2014

JAPAN

Rakuten buys shopping site Ebates for $1bn

TOKYO, JAPAN: Japanese e-commerce company Rakuten will buy US online shopping operator Ebates for $1.0bn as it taps overseas markets to counter a limited home market.

10 Sep 2014

JAPAN

10m PlayStations sold in ten months

TOKYO, JAPAN: Sony says that global sales of its newest PlayStation have past the 10m mark in less than a year, a record for the Japanese electronics company.

14 Aug 2014

JAPAN

Sony makes $261m in three months on PS4 sales

TOKYO - The weak Yen helped Sony make profits of to $261m in the first-quarter thanks to brisk sales of its PlayStation 4 console. However, the company still expects to make an overall loss this year.

1 Aug 2014

JAPAN

Nintendo's loses $97m in three months

TOKYO, JAPAN: Japanese videogame manufacturer Nintendo posted a $97 million quarterly net loss, with higher costs tied to sales of its Wii U console hurting into its bottom line as worldwide sales weakened.

31 Jul 2014

JAPAN

Angry investors demand Bitcoin answers from MtGox

TOKYO, JAPAN: Bitcoin investors voiced their anger after the first creditors' meeting for failed Tokyo trading exchange MtGox, whose spectacular collapse hammered the digital currency's reputation and left a trail of unanswered questions.

24 Jul 2014

JAPAN

Japan's Line messaging app worth $9.8bn ahead of listing

TOKYO, JAPAN: A smartphone messaging app set up in the aftermath of Japan's 2011 quake-tsunami disaster has applied to list on the Tokyo stock exchange, in an offering that could be worth more than $9.8bn.

16 Jul 2014

JAPAN

Toyota's fuel cell car will cost $70 000

TOKYO, JAPAN - Japanese car manufacturer Toyota will start selling its first fuel cell sedan in March next year with a price tag of around ¥7m ($70 000).

26 Jun 2014

JAPAN

Sony counting on high-definition television for rescue

TOKYO, JAPAN: Sony's Chief Executive, Kazuo Hirai pledged to drag the embattled electronics company out of a painful restructuring in the current fiscal year using its high-definition technology as a possible saviour for its money-losing TV unit.

23 May 2014

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