Sharp to Sell New Shares for Up To 200 B. Yen
June 6, 2018
Osaka- Sharp Corp. said Tuesday that it will publicly issue new common shares worth up to 200 billion yen, planning to use most of the proceeds for buying back dividend-heavy preferred shares allotted to two major Japanese banks. The electronics
Rakuten Teams Up with HomeAway in Minpaku Biz
June 6, 2018
Tokyo- Rakuten Lifull Stay Inc. has said it will promote the utilization of “kominka” old Japanese-style houses for minpaku private lodging services in collaboration with two entities. The two partners are HomeAway Inc. of the United States, one of the
Japan Business Sentiment Down for 2nd Straight Month in May
June 6, 2018
Tokyo- Japan’s business sentiment worsened for the second straight month in May as higher oil prices raised cost burdens on companies and individual consumers, a private-sector survey showed Tuesday. The business sentiment diffusion index fell 0.4 point from the previous
Sharp Announces Plan to Acquire Toshiba’s PC Biz
June 6, 2018
Tokyo- Sharp Corp. said Tuesday that it will acquire Toshiba Corp.’s personal computer business for about 4 billion yen. The acquisition procedures are expected to be completed on Oct. 1. Sharp hopes to nurture the PC operations into a new
Stocks up despite May inflation report
June 5, 2018
Stocks rose despite May inflation rising to a four-year high on Tuesday. The Philippine Stock Exchange index gained 106.15 points to 7,685.76. In the broader market, there were 112 gainers, 84 decliners and 53 shares unchanged. Volume reached 1.98 billion
British Govt, Hitachi Agree to Launch Talks on N-Plant Project
June 5, 2018
London- The British government and Hitachi Ltd. reached a basic agreement Monday to enter into negotiations on a proposed nuclear plant project in Britain, energy secretary Greg Clark said. The agreement came after the Japanese machinery maker once considered a
Philippines, South Korea discuss $191m projects as part of immediate ODA pipeline
June 5, 2018
The Philippines has discussed two infrastructure-related projects and a proposed revenue monitoring “infostructure” system in the pipeline with a total combined cost of $191 million for possible financing by South Korea, which has pledged up to $1 billion in official
Sharp Planning to Acquire Toshiba’s PC Biz
June 5, 2018
Tokyo- Sharp Corp. plans to acquire Toshiba Corp.’s personal computer business, possibly for about 5 billion yen, informed sources said Monday. Through the move, Sharp, which is reconstructing its operations under its parent, major Taiwanese contract electronics manufacturer Hon Hai
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