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TOKYO -- Sony Group has decided not to make a new bid for Paramount Global now that independent film studio Skydance Media has reached a deal to buy the U.S. media group, Nikkei has learned.
Japan's stocks rebounded sharply on Tuesday after the Nikkei 225 and the Topix dropped over 12% in the previous session. Other Asia-Pacific markets were mostly higher.
TOKYO -- Japan's benchmark Nikkei Stock Average surged 3,217.46 points on Tuesday -- its largest single-day rise -- after U.S. service sector data for July eased concerns of a recession.
Tech Latest by Nikkei Asia brings you the newest updates from Asia's technology industry. In this episode, Alice French talks to Hong Kong correspondent Cissy Zhou and Nikkei Asia's tech editor Katey Creel, about how the heated price war among Chinese e-commerce platforms is showing signs of cooling.
Investors reclaimed a measure of calm on Tuesday, after a day of frenzied selling around the world over concerns about a potential U.S. recession.
Japan stocks confirmed a bear market on Monday as Asia-Pacific markets continued the sell-off from last week, with the Nikkei 225 and Topix dropping over 12%.