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Most major Thai banks reported weaker-than-expected quarterly earnings on Thursday as they booked higher provisions for bad debt, with loans weak amid a tepid recovery in the country's economy.

Japan Post Holdings Co. might post impairment losses worth hundreds of billions of yen for fiscal 2016 related to its acquisition of an Australian logistics firm in 2015, sources close to the matter said Thursday. Toll Holdings Ltd. is reeling from declining parcel volumes sparked by a drop in Australia’s ...

Japan’s Suzuki Motor Corp. is unveiling the Ignis urban sport utility vehicle in Indonesia, in its inaugural launch of the model in Southeast Asia, as it seeks to regain market share once held by the popular Splash. Suzuki’s local sales arm, PT. Suzuki Indomobil Sales, will start selling the new ...

The Fair Trade Commission on Thursday searched sites linked to three major food can manufacturers, including industry leader Toyo Seikan, for allegedly forming an effective cartel in violation of the anti-monopoly law. The other two are Hokkai Can and Daiwa Can. According to sources familiar with the FTC probe, the ...

The benchmark Nikkei average turned slightly lower on the Tokyo Stock Exchange Thursday amid a wait-and-see mood prior to the French presidential election on Sunday. The 225-issue Nikkei average lost 1.71 points, or 0.01 percent, to close at 18,430.49. On Wednesday, the key market gauge rose 13.61 points. But the ...

Singapore may have just added a new tech billionaire, but it had to lure him from Japan first. Taizo Son, who built his fortune on hit smartphone game “Puzzle & Dragons,” has relocated to the city-state from Tokyo and plans to invest $100 million (about ¥11 billion) in Southeast Asia ...

Mitsubishi Aircraft is looking to display its new regional aircraft at the Paris Air Show in June as it seeks more overseas orders for Japan’s first passenger jet after delaying the plane’s debut five times. The company is working out details on how it can use one of four aircraft ...

A new shopping complex opened Thursday at the former site of the Matsuzakaya department store in Tokyo’s Ginza district featuring high-end boutiques and a traditional performing art theater targeting both foreign tourists and domestic customers. The 13-story Ginza Six complex hosts a total of 241 shops, including flagship outlets for ...

Japan has less room to compromise with the United States under a bilateral trade deal than under a multilateral agreement like the Trans-Pacific Partnership, Deputy Prime Minister Taro Aso said, taking a swipe at U.S. attempts to directly pressure Tokyo into opening up heavily-protected markets like agriculture. Also also said ...

Facebook on Wednesday unveiled projects aimed at allowing users to use their minds to type messages or their skin to hear words. “Speech is essentially a compression algorithm, and a lousy one at that,” Facebook executive and former DARPA director Regina Dugan told a packed audience at its annual conference ...