SoftBank Group reports 18% quarterly profit drop amid soaring AI costs and market pressure SoftBank Group quarterly profit fell 18% as rising costs and derivatives losses outweighed investment gains, raising …
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Business
HSBC posts 23% H1 pre-tax profit rise, $64bn inflows and $1bn buyback
by Sato Asahiby Sato AsahiHSBC H1 2026 results: Pre-tax profit up 23% to $19.5bn as wealth inflows hit $64bn HSBC H1 2026 results show pre-tax profit rose 23% to $19.5bn, driven by wealth management …
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Business
Nissan posts quarterly net profit as Re:Nissan restructuring advances
by Sato Asahiby Sato AsahiNissan posts ¥3.7 billion quarterly profit as Re:Nissan plan advances Nissan posts ¥3.7bn net profit for April–June as Re:Nissan restructuring and tight cost controls drive recovery. Company aims for full-year …
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Business
Vingroup posts strong H1 profit surge, moves into urban rail and renewables
by Sato Asahiby Sato AsahiVingroup posts strong first-half profit as property sales fuel infrastructure push Vingroup posts strong first-half profit as property sales boost cash to finance urban railways and renewable energy, while VinFast …
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Kioxia posts record Q1 profit of ¥842.1bn as AI-driven NAND demand surges Kioxia Holdings posted a record ¥842.1 billion net profit for April–June 2026 as rising demand for NAND flash …
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Business
Samsung Electronics posts record quarterly revenue and profit on memory chip surge
by Sato Asahiby Sato AsahiSamsung Q2 results show record revenue and profit but AI demand clouding outlook Samsung Q2 results show record revenue and operating profit driven by memory chip sales, but concerns over …
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Business
ANA Holdings posts ¥19.4bn Q1 profit, warns of Middle East fuel risks
by Sato Asahiby Sato AsahiANA profit falls as jet fuel surge and Middle East conflict squeeze Q1 earnings ANA profit dips to ¥19.4 billion in April–June as jet fuel costs rise amid Middle East …
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Business
CXMT posts record STAR Market IPO amid AI DRAM boom, valuation concerns
by Sato Asahiby Sato AsahiCXMT IPO Raises 57.9 Billion Yuan in Asia’s Biggest Offering This Year China’s CXMT IPO drew strong investor demand, raising at least 57.9 billion yuan ($8.6 billion) in a landmark …
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Business
Cathay Pacific posts 60% H1 profit surge despite oil volatility
by Sato Asahiby Sato AsahiCathay Pacific Posts Over 60% H1 Profit Surge as Mainland Rivals Face Heavy Losses Cathay Pacific reported a rise of more than 60% in first-half profit on Wednesday, July 22, …
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Politics
Fukuoka assembly testimony shows five former chairs paid cash to secure posts
by Sui Yuitoby Sui YuitoFukuoka prefectural assembly cash scandal: five former leaders acknowledge payments above ¥1 million Five former chairs and vice chairs of the Fukuoka prefectural assembly have admitted handing cash or covering …