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TOKYO (Reuters) - A record medal haul may be the only silver lining for host nation Japan at the Tokyo 2020 Olympics, as the Games have been overshadowed by the coronavirus pandemic and tarnished by a string of scandals.
TOKYO: Asian shares headed lower on Friday as profit-taking in Taiwanese chip giant TSMC, despite record profits, weighed on other tech firms and broader risk sentiment, while a more dovish U.S. rates outlook kept bond yields near multi-month lows.
TOKYO: Sumitomo Mitsui Financial Group Inc is nearing an agreement to buy a majority stake in Fullerton India Credit Co for about 220 billion yen (US$2bil or RM8.31bil), people familiar with the matter said, in what would be the first entry into the South Asian country’s retail financial business by a Japanese bank.
HANOI: Vietnamese banks are still attractive to foreign investors thanks to the country’s economy and strong resilience to unprecedented difficulties and challenges caused by the Covid-19 pandemic.
HANOI (Vietnam News/ANN): Vietnamese banks are still attractive to foreign investors thanks to the country’s economy and strong resilience to unprecedented difficulties and challenges caused by the Covid-19 pandemic.
TOKYO: Japan’s industrial output posted the biggest monthly drop in a year in May, as a sharp fall in car production (pic) threatened to undermine the country’s economic recovery just weeks before Tokyo is set to host the Olympic Games.
Top read stories include Astro, Serba Dinamik, EcoWorld Malaysia, BSL Corp, Sunway REIT and real property gains tax
SINGAPORE: Singapore's public prosecutor on Thursday filed an additional 105 charges against Lim Oon Kuin, the founder of collapsed oil trading firm Hin Leong Trading Pte Ltd, relating to $2.23 billion in fraudulent disbursements.
KUALA LUMPUR: Sumitomo Mitsui Banking Corp Malaysia Bhd (SMBC Malaysia) has appointed Datuk Wan Mohd Fadzmi Che Wan Othman Fadzilah as its chairman.