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Sony sees turnaround after net profit soared in April-June

/ Aug 1, 2017

Sony sees turnaround after net profit soared in April-June

Electronics and entertainment giant Sony said Tuesday its net profit nearly quadrupled in the three months to June, backed by brisk sales of smartphone components and cameras and solid revenue from its game business. The company posted a quarterly net profit of ¥80.87 billion ($730 ...

Japan doesn't need fiscal stimulus, economic adviser says

/ Jul 27, 2017

Japan doesn't need fiscal stimulus, economic adviser says

With the economy growing above its potential rate, the nation needs structural reforms rather than a big dose of government spending, according to Susumu Takahashi, a member of the government's economic and fiscal policy council. Strong exports and resilient domestic demand have set the economy ...