Sharp's president steps down after 2 years of losses and missteps
OSAKA -- Robert Wu stepped down as Sharp's president and CEO effective on Thursday following a two-year stint marred by red ink and visible frictions with Taiwanese parent Foxconn.
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OSAKA -- Robert Wu stepped down as Sharp's president and CEO effective on Thursday following a two-year stint marred by red ink and visible frictions with Taiwanese parent Foxconn.
HONG KONG -- Sino-Ocean Group Holding has become the latest mainland Chinese developer to face a liquidation plea in a Hong Kong court, as the country's property market continues to struggle.
JAKARTA -- Freeport Indonesia, a copper mining company, commissioned on Thursday its much-anticipated new copper smelter in East Java, which will more than triple its production of copper cathode as demand for the metal booms for use in electric vehicles and renewable power plants.
SYDNEY -- Solomon Islands Prime Minister Jeremiah Manele and his Australian counterpart, Anthony Albanese, discussed policing and security on Wednesday during the Pacific nation leader's first official overseas trip since taking office.
TOKYO -- Sumitomo Pharma is considering laying off employees in its home market of Japan as early as this fiscal year, new President Toru Kimura told Nikkei, as the loss of U.S. exclusivity rights on the Latuda schizophrenia drug drags down its earnings.
NARITA, Japan -- Budget carrier Zipair Tokyo is planning to expand its international routes and flight capacity by adding two aircraft every year, the airline's chief said.
BANGKOK/HANOI/MANILA -- Bouncing back from pandemic-era losses, Thai Airways International and other Southeast Asian carriers are signing big aircraft purchase deals in a race to capture demand as tourists return to the region.
JAKARTA -- Indonesian President-elect Prabowo Subianto's flagship policy of introducing free school lunches will not blow the country's budgetary targets for next year, the nation's finance minister said, looking to allay concerns over the costly program's fiscal impact.