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Toyota Faces Profit Decline Due to U.S. Tariffs and Forex Challenges

Toyota Faces Profit Decline Due to U.S. Tariffs and Forex Challenges

Toyota Faces Profit Decline Due to U.S. Tariffs and Forex Challenges
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Japan's SoftBank racks up huge profit gains with lift from lucrative AI investments

Japan's SoftBank racks up huge profit gains with lift from lucrative AI investments

Japanese technology investor Softbank Group says profits for the fiscal year through March zoomed by nearly five-fold as its AI investments paid off
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Panasonic eyes aggressive AI profit push, battery unit misses target

Panasonic eyes aggressive AI profit push, battery unit misses target

TOKYO, May 12 (Reuters) - Panasonic Holdings flagged an aggressive push to lift profit through artificial intelligence-linked products on Tuesday even as its electric-vehicle battery unit struggled in the latest year and missed its full-year target.
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Asian shares trade mixed as AI excitement fades and war worries continue

Asian shares trade mixed as AI excitement fades and war worries continue

Asian shares are trading mixed, as the enthusiasm over AI and other technology stocks gradually faded, braking Wall Street’s record-setting run
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Asian shares trade mixed after Wall Street rally despite Iran war worries

Asian shares trade mixed after Wall Street rally despite Iran war worries

Asian shares are trading mixed as optimism encouraged by a record rally on Wall Street clashed with pessimism over worries about surging oil prices and an inflated AI boom
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Wall Street falls from its records as AI stocks slump and oil prices rise

Wall Street falls from its records as AI stocks slump and oil prices rise

Rising oil prices and sudden stops for technology stocks are knocking Wall Street off its record highs
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Hain Celestial Reports Continued Losses Amid Strategic Turnaround Efforts

Hain Celestial Reports Continued Losses Amid Strategic Turnaround Efforts

Hain Celestial Reports Continued Losses Amid Strategic Turnaround Efforts
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Volkswagen's Scout Motors Considers IPO Amid U.S. Market Expansion

Volkswagen's Scout Motors Considers IPO Amid U.S. Market Expansion

Volkswagen's Scout Motors Considers IPO Amid U.S. Market Expansion
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Sierra Club Criticizes Toyota for Lagging Electric Vehicle Strategy Amid Rising Gas Prices

Sierra Club Criticizes Toyota for Lagging Electric Vehicle Strategy Amid Rising Gas Prices

Sierra Club Criticizes Toyota for Lagging Electric Vehicle Strategy Amid Rising Gas Prices
Reuters Reuters
SoftBank's OpenAI-related debt in focus as another strong quarter expected

SoftBank's OpenAI-related debt in focus as another strong quarter expected

By Anton Bridge TOKYO, May 12 (Reuters) - SoftBank Group is expected by analysts to report another robust quarterly profit on Wednesday as the technology investor benefits from its growing OpenAI bet, though concerns are increasing over the debt it is taking on to fund it.
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Consolidated Water Reports Decline in Q1 2026 Revenue Amid Weather and Order Timing Challenges

Consolidated Water Reports Decline in Q1 2026 Revenue Amid Weather and Order Timing Challenges

Consolidated Water Reports Decline in Q1 2026 Revenue Amid Weather and Order Timing Challenges
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Nintendo shares slump as price hikes, games shortfall spook market

Nintendo shares slump as price hikes, games shortfall spook market

TOKYO, May 11 (Reuters) - Nintendo's shares fell 8% in Tokyo on Monday after the company hiked Switch 2 prices and as the market frets over a lack of high-profile games to build momentum.