Sony Group says President Totoki to add CEO role from April TOKYO: Sony Group President Hiroki Totoki will add the CEO role from April 1, while incumbent Chairman-CEO Kenichiro... Published 29 Jan, 2025 11:25am
Business & Finance Sony, India’s Zee settle dispute over scrapped $10bn merger BENGALURU: India’s Zee Entertainment Enterprises and Sony’s unit in the country have agreed to withdraw all claims... Published 27 Aug, 2024 04:53pm
Markets Japan’s Nikkei slips as tech losses weigh; softer yen buoys exports TOKYO: Japan’s Nikkei share average dipped in morning trade on Tuesday, as domestic technology shares followed... Published 27 Aug, 2024 10:26am
Technology Sony posts 7% fall in annual profit, narrowly misses PS5 target TOKYO: Japan’s Sony Group reported a 7% fall in annual operating profit on Tuesday, hit by the performance of its... Published 14 May, 2024 12:24pm
Business & Finance Sony to lay off 900 PlayStation employees, shut London studio Japan’s Sony is cutting about 900 jobs at its PlayStation unit and shutting a studio in London, it said on Tuesday... Published 27 Feb, 2024 07:55pm
Business & Finance India’s Zee Entertainment seeks to revive $10bn merger with Sony BENGALURU: India’s Zee Entertainment is making a final attempt to restart discussions with Japan’s Sony Group to... Published 21 Feb, 2024 05:29am
Markets Tokyo stocks close lower TOKYO: Tokyo stocks closed lower on Monday, giving up early gains spurred by a positive Bank of Japan business... Published 03 Oct, 2023 06:02am
Technology Sony gaming chief Jim Ryan to retire, group president to be interim head TOKYO: Sony Group said on Thursday its gaming chief Jim Ryan would retire next March, with group President Hiroki... Published 28 Sep, 2023 10:57am
Business & Finance India clears Sony-Zee deal to form $10bn entertainment powerhouse NEW DELHI: India paved the way on Thursday for a $10 billion media and entertainment powerhouse, giving Zee... Published 10 Aug, 2023 05:34pm
Markets Japan’s Nikkei inches higher on strong earnings; Honda Motor and Inpex shine TOKYO: Japan’s Nikkei share average reversed course to trade higher on Thursday, as strong corporate earnings... Published 10 Aug, 2023 09:52am
Technology Sony eyes finance unit listing, doubles down on entertainment TOKYO: Sony Group Corp on Thursday said it is examining a partial spin off of its financial business just three... Published 18 May, 2023 10:15am
Markets Japan’s Nikkei closes flat ahead of Fed outcome; Sony jumps TOKYO: Japan’s Nikkei index ended flat on Wednesday, with traders on the sidelines ahead of a looming Federal... Updated 02 Nov, 2022 12:02pm
Business & Finance Sony Q2 profit rises 8%, beating estimates TOKYO: Sony Group Corp’s operating profit rose 8% in the second quarter, the company said on Tuesday, beating... Published 01 Nov, 2022 11:47am
Technology Sony to buy mobile game developer in push beyond consoles TOKYO: Sony Group Corp on Monday said it will acquire Helsinki and Berlin-based mobile games business Savage Game... Published 29 Aug, 2022 06:34pm
Technology Sony hikes PS5 price on economic pressures, rising rates TOKYO: Sony Group Corp said on Thursday it was hiking the price of its PlayStation 5 games console in markets... Updated 25 Aug, 2022 02:23pm
Technology Nvidia warns of lower second-quarter revenue on gaming weakness Nvidia Corp on Monday warned its second-quarter revenue would drop by 19% from the prior quarter on weakness in its... Published 08 Aug, 2022 11:43pm
Business & Finance Sony trims profit forecast on weaker gaming outlook TOKYO: Japan’s Sony Group Corp on Friday cut its annual operating profit forecast by 4% to 1.11 trillion yen ($8.37... Published 29 Jul, 2022 12:08pm
Technology Sony to ramp up PS5 production and broaden games portfolio TOKYO: Sony Group Corp said it plans to ramp up production of its PlayStation 5 console as supply chain snarls ease... Published 26 May, 2022 04:38pm
Markets Japan’s Nikkei rises ahead of US inflation data TOKYO: Japan’s Nikkei index ended higher on Wednesday as investors scooped up companies with an upbeat outlook,... Published 12 May, 2022 05:40am
Technology Sony’s Q4 operating profit more than doubles, helped by gaming TOKYO: Japan’s Sony Group Corp said on Tuesday its fourth-quarter operating profit more than doubled to 138.6... Published 10 May, 2022 12:46pm
Business & Finance PlayStation, Nintendo suspend shipments to Russia TOKYO: PlayStation and Nintendo are suspending shipments to Russia, the Japanese gaming giants said Thursday, as... Published 14 Mar, 2022 06:00am
Technology PlayStation, Nintendo suspend shipments to Russia TOKYO: PlayStation and Nintendo are suspending shipments to Russia, the Japanese gaming giants said Thursday, as... Published 10 Mar, 2022 11:29am
Business & Finance Sony smashes estimates with 32% rise in Q3 operating profit TOKYO: Japan's Sony Group Corp posted on Wednesday a 32% rise in third-quarter operating profit, smashing analyst... Published 02 Feb, 2022 12:06pm
Business & Finance Sony seeks new partners for transformative EV project TOKYO: Sony Group will likely add new technology partners to its electric vehicle (EV) project to help it forge a... Published 21 Jan, 2022 12:02pm
Markets Tokyo shares open higher on Wall Street gains TOKYO: Tokyo shares opened higher Wednesday after remarks from the US Fed chair fell within expectations, relieving... Published 12 Jan, 2022 10:00am
World Indian court asks Zee to call shareholder meeting in win for Invesco NEW DELHI: An Indian court on Thursday asked Zee Entertainment Enterprises to call a meeting of shareholders, as... Published 22 Oct, 2021 04:13am
Markets Tokyo shares open higher TOKYO: Tokyo stocks opened higher on Tuesday after Wall Street ended mostly up and with investors awaiting Japan's... Updated 19 Oct, 2021 11:48am
Markets Tokyo's Nikkei closes up more than 1.8% The dollar fetched 109.65 yen in Asian afternoon trade, against 109.66 yen in New York late Friday Published 02 Aug, 2021 11:56am
Business & Finance Sony to spend 2 trln yen on strategic investments over next three years The company is benefiting from strong demand for its PlayStation 5 launched in core markets in November. Published 26 May, 2021 11:28am
Markets Tokyo shares drift lower in early trade Sony Group fell 0.72 percent to 11,755 yen. Published 26 Apr, 2021 10:17am