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The Tokyo-based company earned a better-than-expected net income of 231.1 billion yen (US$1.5 billion) in the March quarter, compared with a net loss of 57.6 billion yen a year earlier, helped by investment gains at the holding company and on derivative contracts. For the full year, SoftBank reported a narrower net loss of 227.7 billion yen, beating expectations.
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SINGAPORE -- Banks in the Association of Southeast Asian Nations are grappling with uncertainty over their loan books as evidence of persistent inflation leads central banks to refrain from slashing interest rates, increasing pressure in the financing business.
WASHINGTON -- The top priority for U.S. foreign policy must be China, not the war in Ukraine, a group affiliated with former President Donald Trump wrote in a book released Thursday painting a picture of what a second Trump presidency could look like.
WASHINGTON (AP) — Making future military aid to Ukraine contingent on the country participating in peace talks with Russia. Banning Chinese nationals from buying property within a 50-mile radius of U.S. government buildings. Filling the national security sector with acolytes of Donald Trump.
Air India’s budget carrier subsidiary cancelled 85 flights on Thursday, a day after its operations were severely disrupted by dozens of cabin crew calling in sick at the last minute.
The former translator of Los Angeles Dodgers superstar Shohei Ohtani has agreed to plead guilty to illegally transferring $17 million out of the baseball phenom's account without his knowledge, authorities said Wednesday.
Futures linked to the Dow Jones Industrial Average hovered near the flatline Wednesday evening after the 30-stock index posted its sixth consecutive winning day.