Trump-Kim summit pleases China, while Japan puts on brave face

By Christian Shepherd and Linda Sieg BEIJING/TOKYO, June 12 : With U.S. President Donald Trump setting the course for normalising ties with North Korea and even saying war games with South Korea would end, China appeared a winner from Tuesday’s summit, as Japan tried putting a brave face on the outcome. Trump and North Korean […]

Nikkei rises to 3-week high as US-NKorea summit fuels optimism

By Tomo Uetake and Ayai Tomisawa TOKYO, June 12 : Japanese shares rose on Tuesday, buoyed by optimism the U.S.-North Korea summit in Singapore could eventually pave the way to denuclearisation of the Korean peninsula. The benchmark Nikkei average advanced 0.3 percent to 22,878.35, its highest closing since May 22 and not far from its […]

In Mahathir’s Malaysia, Japan is back amid doubts over Chinese funding

By Praveen Menon and Anshuman Daga KUALA LUMPUR, June 10 : Malaysian Prime Minister Mahathir Mohamad is set to woo investors and offer business deals during a trip to Japan that starts on Sunday, as he looks to cover a gaping debt hole and shift the country away from dependence on Chinese investments. The visit […]

Sharp to buy Toshiba PC business, issue $1.8 bln in new shares

By Makiko Yamazaki TOKYO, June 5 : Japan’s Sharp Corp said it will buy Toshiba Corp’s personal computer business and issue $1.8 billion in new shares to buy back preferred stock from banks, highlighting a swift recovery under the control of Foxconn. The acquisition of the PC business for $36 million marks a return by […]