Hints and tips:
...The most famous anecdote is that they were asking how much you got paid in Taiwanese dollar and they will match that in Chinese yen....
...Japanese financial group SBI Holdings will raise up to 100bn yen ($920m) for a new venture capital fund that will invest in local and international start-ups....
...The move is expected to cost up to several billion yen....
...Additional reporting by Pham Hai Chung in Hanoi...
...In Taiwan, Apple assembler Hon Hai Precision Industry, also known as Foxconn, fell as much as 1.6 per cent, and chipmaker Taiwan Semiconductor Manufacturing Company lost as much as 2.3 per cent....
...In Taipei, Apple assembler Hon Hai Precision Industry, also known as Foxconn, dropped 2.1 per cent and chipmaker Taiwan Semiconductor Manufacturing Co also fell 2.1 per cent....
...By the time the plant started production in late 2016, the company had funding problems due to weak iPhone sales and the stronger yen....
...Over the decades, few have survived the onslaught of a strong yen and intensifying Asian competition. By 2016, Sharp, a leader in liquid crystal displays, had taken the point....
...If that was the case, we would have seen the yen strengthen to ¥105 against the US dollar.” The yen was trading at ¥110.6 to the dollar....
...The others include US hard disc drive maker Western Digital, Taiwan’s Hon Hai Precision Industry, better known as Foxconn, and South Korea’s SK Hynix, according to people involved in the talks....
...Japan Display admitted it was facing a funding shortage in August following a slump in iPhone sales and a damaging rise in the yen....
...The Asian dealmaking record was dominated by the $3.5bn takeover of century-old Sharp by Taiwan’s Hon Hai Precision Industry, better known as Foxconn....
...Japan Display admitted it was facing a funding shortage in August, following a slump in iPhone sales and a damaging rise in the yen....
...Japanese manufacturers are bracing themselves for even tougher business conditions ahead with the resurgent yen likely to stay strong....
...Display fell more than 5 per cent a day after the Apple supplier revealed it is seeking financial support from a Japanese government-backed fund, following a slump in iPhone sales and a damaging rise in the yen...
...Following last month’s UK vote to leave the EU, the president of Daiwa Securities predicted a spurt of Japanese outbound dealmaking, turbocharged by a resurgent yen....
...Sharp is now the takeover target of Taiwan’s Hon Hai Precision Industry after the Japanese display maker failed to carry out restructuring to stem losses from its display business....
...The yen was 0.1 per cent stronger this morning at Y117.95 per dollar, but was being outpaced by a 0.3 per cent gain for the Malaysian ringgit, and 0.2 per cent gains for the Taiwanese dollar and Indonesian...
...Taiwan’s Hon Hai Precision Industry, which already owns a stake in Sharp’s TV panel plant, has long expressed interest in helping to rescue the Japanese company....
...But its net profit for the October to December quarter nearly tripled, helped by the weaker yen....
...as it saw its loss for the quarter to June fall to Y17.9bn from Y138.4bn the previous year and announced that it had more than doubled its net profit outlook for the year, spurred in part by the weaker yen...
...The biggest Japanese companies have suffered from 15 years of deflation in their domestic market, while a strong yen made their products uncompetitive abroad....
...In Taiwan, key Apple assembler Hon Hai fell 1.3 per cent. A more cautious mood was seen in the government bond markets with support for both US Treasuries and Bunds....
...Sharp’s talks on a similar deal with Taiwanese business partner Hon Hai Precision Industry (also known as Foxconn) faltered after Sharp’s stock price plummeted last year, and Hon Hai asked for a seat on...
...The deadline for the capital injection from Hon Hai is March 26 but there is no sign of an agreement in sight....
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