SoftBank Swings to Q4 Profit as Comeback Gains Steam

TOKYO, May 13 Reuters Japanese technology giant SoftBank Group swung to a quarterly profit on Monday versus the year earlier, reporting a net profit of 328.9 billion yen 2.11 billion for the JanuaryMarch period. The result mark the second straight quarter of profit for SoftBank, which has been long known for both volatile earnings and outsized […]
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Honda Ramps Up RD Spending as it Expands Hybrid Push

TOKYO, May 10 Reuters Honda Motor Co said on Friday it would increase RD spending this financial year by nearly a quarter to boost its competitive edge in hybrid and other electrified vehicles, as it forecast a 2.8 rise in operating profit for 202425. Japan39;s secondlargest automaker by volume announced a share buyback worth up to […]
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China says it Firmly Opposes US Export Control Tools

BEIJING, May 10 Reuters China firmly opposes the abuse of export control tools such as the U.S. entity list, a foreign ministry spokesperson said on Friday, after the U.S. added 37 Chinese firms to a trade restriction list over national security concerns. Some of the entities were added to the list for making drones to be […]
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