Business

TOKYO (AP) : Japanese electronics and entertainment company Sony Corp. reported Wednesday that its quarterly profit tumbled as the coronavirus pandemic delayed music and movie releases and disrupted product supply chains. Tokyo-based Sony’s profit …

Sony’s profits dive as stores, cinemas close during pandemic Read More

Boeing failed to sell a single commercial airplane but saw orders for 108 planes canceled in April as a sharp drop in air travel erased any demand among airlines for …

Another month without single airliner order for Boeing Read More

TOKYO : Japanese automaker Honda Motor Co. sank deeper into losses for the fiscal quarter that ended in March, as the damage to the industry from the coronavirus outbreak hurt sales and …

Huge quarterly losses for Honda Read More

SINGAPORE – Coal power plant construction will push ahead in Asia despite falling electricity demand and environmental concerns as policymakers prioritize boosting economies crippled by the coronavirus pandemic, analysts say. Fossil …

Post-pandemic stimulus may slow end of coal in Southeast Asia and Japan Read More

Peach Aviation Ltd., a Japanese low-cost carrier based at Kansai International Airport, will undertake part of the municipal government’s clerical work in Izumisano, Osaka Prefecture, to help distribute the across …

Japanese low-cost carrier takes on govt clerical work to support citizens Read More

WASHINGTON/TOKYO: Central bankers who have spent a generation researching how their words influence the economy and honing the craft of “forward guidance” are now effectively tongue-tied by a health crisis …

For central banks, hope for precision fades amid pandemic Uncertainty Read More

Toyota Motor Corp. on Tuesday forecast a sharp drop in sales and operating profit over the coming year as the car giant suffers from the “wide-ranging, significant and serious” fallout …

Coronavirus pandemic drives down Toyota profit forecasts Read More