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Sony hikes annual net profit forecast after solid Q1
Sony hikes annual net profit forecast after solid Q1
by  AFP

Sony raised its full-year net profit forecast on Wednesday after a solid performance in the first quarter, predicting strong sales in its video game, music and image sensor sectors. Sony may also see record profits next year in the gaming sector under new leadership, he said in a recent note.

Asian stocks extend recovery, yen weakens as some calm returns
Asian stocks extend recovery, yen weakens as some calm returns
by  AFP

Asian stocks rose again Wednesday as some stability returned after a volatile start to the week, though Tokyo saw more big swings and the yen weakened further as analysts warned more upheaval could be in store. The yen also weakened further to more than 146 per dollar, having hit less than 142 Monday, its strongest in six months.

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