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Masayoshi Son now down $4 bn on SoftBank side deals due to market downturn

Masayoshi Son holds 17.25% of a vehicle set up under SoftBank's Vision Fund 2 for its unlisted holdings, as well as 17.25% of a unit within its Latin America fund

Johnson & Johnson drops talcum baby-powder globally as lawsuits mount

J&J said that it had made the "commercial decision" to transition all its baby powder products to use cornstarch instead of talcum powder

Samsung's Vice Chairman Jay Y Lee pardoned by S Korea, may rejoin board

South Korean President Yoon Suk Yeol has cleared the heir to the country's biggest company of bribery charges, for which Lee spent 18 months in prison before his release on parole a year ago

As UK heads for recession, here's who could control finances in new govt

With the Bank of England predicting inflation topping 13% in the fall and a recession lasting through 2023, the next incumbent of 11 Downing Street will be under immediate pressure

China's largest chipmaker warns of rapid freeze as smartphone demand skids

China's largest chipmaker reported revenue rose 42% to $1.9 billion in the second quarter, generally in line with expectations

Donald Trump's 'planted evidence' claim unlikely to stand up in court

Donald Trump and his supporters are ratcheting up their baseless claim that Federal Bureau of Investigation agents may have "planted" evidence when they searched his Mar-a-Lago home

Can't allow China's 'new normal' over Taiwan, says Nancy Pelosi

Pelosi told a news briefing Wednesday in Washington that Chinese leaders had been "trying to push their way" toward their goals on Taiwan before she led a congressional delegation there last week

Covid-19 run: Hong Kong's population drops by record, says report

The city saw a decline of 121,500 residents in the year ended June 30, leaving the population at about 7.29 million, according to government data released Thursday

Sanofi, GSK and Haleon lead $40-billion rout on heartburn drug

Sanofi fell 13% on Thursday, taking its 2-day decline to 20%; GSK slid 6.9%

China has painted itself into a semiconductor corner behind Taiwan, S.Korea

For all intents and purposes, China has failed to achieve its semiconductor goals, and those tasked with realising them are being brought to account

China's Covid cases hit 3-month high of nearly 2,000 on beach town surge

Among the stranded foreign tourists in Sanya, a beach resort town in Hainan, there's a sense of confusion and shock as they wait on updates from hotel management

'Worst likely over' for emerging Asian currencies as US Fed hike bets ease

Currencies across the region jumped Thursday, following their developing-nation peers in the Americas and Europe, after the US data published Wednesday led to a slump in the dollar

HDFC executes unusual trade to hedge borrowings against interest rate risk

The switch in hedging tools comes as markets are buffeted by surging policy rates, with the Reserve Bank of India having hiked by 140 basis points since May to tackle inflation

Morgan Stanley bets on emerging market debt as JPM says rally unsustainable

The latest inflation data from the US spurred a risk rally as traders reduced Federal Reserve tightening wagers

Letting ED add its chilling effect to crypto winter will kill the industry

A couple more scandals, and the ED may achieve the shutdown the RBI has long wished for: The considerable talent India has in this area will flee to more welcoming jurisdictions like Dubai

Ukrainian president Zelenskyy says war must end with Crimea's liberation

He stressed that as long as Russia continued to reign over Crimean, many countries will be deprived of "lasting peace"

Former employees of JPMorgan accused of bullion-market manipulation

The jury will begin deliberations on the case late on Friday

UK industries and households brace for blackouts, gas shortage in January

Under the government's latest "reasonable worst-case scenario," Britain could face an electricity capacity shortfall totaling about a sixth of peak demand

Samsung Galaxy Unpacked: Z Fold 4, Z Flip 4, Watch 5, Buds 2 Pro launched

Samsung opens pre-orders on Wednesday and will have its new foldables in stores Aug. 26

FBI probe renews focus on Donald Trump's haphazard handling of files

All of a president's official papers, no matter how trivial, are considered public property, not his alone, according to the Presidential Records Act of 1978