TOKYO - Japan's SoftBank Corp and its U.S. mobile carrier Sprint Corp will offer a Sony smartphone for the first time, sources with knowledge of the matter said, as the two technology titans confront daunting challenges in the U.S. market.
Recent Japan News
TOKYO - Twenty-one companies have applied to underwrite Japan Post's [IPO-JAPP.T] initial public offering scheduled for 2015, which market participants expect to raise almost $10 billion (6.02 billion pounds) for the government.
TOKYO, Aug 29 - Japan's $1.2 trillion public pension fund said on Friday that it had pulled almost $22 billion from investments in Japanese government bonds and other yen bonds in the second quarter, with the money shifting largely to cash and foreign investments.
SHANGHAI - Chinese fund managers will cut the proportion of their portfolios invested in stocks over the next three months, following July's upward trend, as hopes for a quick economic recovery falter, a Reuters poll shows.
TOKYO - Japan's Fujitsu Ltd said on Friday that United Microelectronics Corp of Taiwan would make an initial investment of 5 billion yen (28.93 million pounds) for a 9.3 percent stake in its new foundry venture in central Japan.
TOKYO - Japanese household spending fell much more than expected and factory output remained weak in July after plunging in June, government data showed, suggesting that soft exports and a sales tax hike in April may drag on the economy longer than expected. | Video