Companies

The new DAZN service brings a wide array of sports matches to fans' fingertips.

UK firm's live sports streaming redraws Japan's playbook

TOKYO -- DAZN, a new sports content distribution service by the U.K.'s Perform Group, is agitating Japanese players with its potential to alter the industry landscape by offering expansive coverage and competitive pricing.The Tuesday launch here make...

  • ANA to cut cargo flights amid Asian headwinds

    TOKYO -- All Nippon Airways will scale back scheduled cargo flights in late October, its first such move since launching the service in 2002, to shore up profit margins as demand from Chinese and Southeast Asian production hubs slows.While automakers...

  • Sharp switching to expansion mode in overseas markets

    OSAKA -- Sharp is mulling Chinese sales of solar cells and a return to the U.S. and European TV markets as part of efforts to rebuild under new Taiwanese parent Hon Hai Precision Industry.Expecting domestic demand to grow only slowly in the key busin...

  • Indonesian conglomerate to begin optical fiber infrastructure project

    JAKARTA -- Indonesian conglomerate Sinar Mas Group will be taking on a government telecommunications infrastructure project in the island nation's eastern provinces.A consortium of companies, which includes the group's telecommunications arm, will be...

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    Philippines' Ayala to spend up to $100m to launch self-driving cars by 2019

    MANILA -- Ayala Corp. is prepared to invest up to $100 million to kick-start its effort to make the Philippines a Southeast Asian hub for the manufacture of self-driving cars.That amount represents its 50% initial share in a joint venture planned wit...

  • Malaysia's Proton evaluates eight foreign suitors

    KUALA LUMPUR -- Proton Holdings is reviewing proposals from at least eight foreign companies interested in taking a strategic stake in the failing Malaysian national carmaker.Japan's Mitsubishi Corp. divested its stake in Proton in January 2005. Subj...

  • Want Want ekes out profit gain in spite of tough market conditions

    TAIPEI -- Want Want China Holdings, a Taiwanese snack and dairy conglomerate with expansive China operations, reported on Tuesday a slight increase in its profit in the first half of 2016 though its revenue fell due to poor weather conditions and fas...

  • Small Saipan casino catches up with Macau peers

    HONG KONG -- Best Sunshine Live, a small temporary casino with 48 gaming tables that opened last year in a duty-free mall on the U.S. Pacific territory of Saipan, generated more profit in the first half of the year than Melco Crown Entertainment, ope...

  • Idemitsu founding family crosses a line with the Saudis

    TOKYO -- Idemitsu Kosan's founding family is treading on treacherous ground as it attempts to block a planned merger with Showa Shell Sekiyu.The family's opposition to the deal, struck last November, has baffled the rest of the Japanese oil industry ...

  • Guerrilla fighter turns top businessman in Timor-Leste

    DILI -- The biggest private sector employer in Timor-Leste has two names on his business card. One is Eduardo Belo Saores, his legal name, and the other is a more enigmatic one, Gattot.He explains that the latter name was his nom de guerre, a sarcast...

  • 'Pokemon Go' showing enduring success in Japan

    OSAKA -- "Pokemon Go" remains a social phenomenon in Japan, retaining players' interest in a way few other smartphone games have matched, even as some of the initial furor has cooled in the month since its release in the homeland of the series.As of ...

  • Chinese investors buy ad tech startup Media.net for $900 m

    Advertising technology startup Media.net, founded by tech entrepreneur Divyank Turakhia, said on Monday it had been acquired for about $900 million by a group of Chinese investors.The deal would represent the third-largest in the ad tech industry, af...

  • Renesas aims for top of niche chip segments with US deal

    TOKYO -- A purchase of American chipmaker Intersil would dovetail perfectly with Renesas Electronics' efforts to stake out a role as a leader in a compact corner of the semiconductor business.Intersil is strong in chips essential for regulating power...

  • Ono Pharma adding lymphoma to cancer drug's uses

    TOKYO -- Ono Pharmaceutical will start selling its Opdivo cancer drug as a blood cancer treatment covered by Japan's health insurance within the year, President Gyo Sagara told The Nikkei on Monday.Opdivo is now used for melanoma and lung cancer. Ren...

  • Achievers, your time has come: Sharp new president

    OSAKA -- Sharp will focus on rewarding high-achieving employees and reprimanding non-performers in an operational overhaul under new parent Hon Hai Precision Industry, the Japanese electronics maker's president said Monday.Tai Jeng-wu, who took over ...

  • Singapore bourse to buy UK's Baltic Exchange for $114m

    SINGAPORE -- Singapore Exchange agreed Monday to purchase the Baltic Exchange, a British bourse that compiles a range of shipping-related indexes, in a deal worth 87 million pounds ($114 million).The acquisition is slated for completion by the end of...

  • China's Gionee targets selfie-loving Indians with new phone

    NEW DELHI -- Eyeing the growing ranks of selfie aficionados in India, Chinese smartphone manufacturer Gionee launched here Monday its first model optimized for snapping the self-portraits.The S6s, priced around 18,000 rupees ($268), is equipped with ...

  • High-end iPhone to have Samsung-like curved OLED display in 2017: source

    TAIPEI -- Apple is planning three new iPhone models for next year, including a premium handset that will sport a curved display similar to Samsung's top-end smartphones.

  • Not all iPhones to have OLED screens until 2018, says analyst

    TAIPEI -- Only one iPhone model will have an advanced organic light-emitting diode display in 2017, as Apple Inc. is forced to wait until 2018 to roll out the new technology for all its new handsets due to supply constraints, according to an executiv...

  • India air traffic surges in July as fares fall

    MUMBAI (NewsRise) - India's domestic air traffic soared to a record in July, as lower fares spurred more passengers to take flights in the fastest-growing aviation market in the world.The number of passengers flown in the seasonally weak July grew 26...