Michael Tighe

Sohu.com Seeks Investors in Search Engine Unit for Growth

Sohu.com Inc., owner of China’s third-largest Web portal, is seeking strategic investment for its Sogou search unit to compete with Baidu Inc. for Internet users and advertising.

Foxconn Faces Challenge Reducing Work Hours, Monitor Says

Foxconn Technology Group faces a “challenging” task in trying to meet a July deadline for cutting work hours and improving union participation, said the labor monitor appointed by Apple Inc., its largest customer.

Sony Convertible Bond Buyers See Profits as Shares Gain

Investors who bought into Sony Corp.’s convertible bond issue last year may reap profits of as much as $1.7 billion, after the shares surged to more than double the price at which the debt can be redeemed for equity.

Sina Posts Loss as China Slowdown Damps Online Advertising

Sina Corp., owner of China’s largest Twitter-like service, posted a first-quarter loss as an advertising slowdown damped revenue and the company spent more on developing mobile applications.

Apple Supplier Japan Display Expands Smartphone Plant on Yen

Japan Display Inc., which supplies liquid-crystal displays to Apple Inc., is expanding a factory that makes panels for smartphones and tablet computers as the yen’s weakness helps spur overseas demand.

SingTel to Spend S$2 Billion on New Acquisitions

Singapore Telecommunications Ltd., Southeast Asia’s biggest phone company, plans to spend S$2 billion ($1.6 billion) within three years on acquisitions to boost growth after posting a drop in profit.

Tencent’s WeChat to Tap Mobile Users’ Pockets With Games

Tencent Holdings Ltd., China’s largest Internet company, will introduce games aimed at mobile users of its WeChat messaging service in the next few months to boost revenue after posting profit that beat analyst estimates.

Yen Impact on Panasonic Profit Limited by Overseas Plants

Panasonic Corp., Japan’s second- largest maker of televisions, said it’s limiting exposure to fluctuations in the yen by boosting overseas production.

Third Point Draws on Sony’s Own Playbook in Spinoff Pitch

Billionaire Daniel Loeb argues Sony Corp.’s best chance to realize value from its movie and music businesses is to sell part of them. His plan draws inspiration from the company itself.

Third Point Said to Urge Sony for Entertainment IPO

Billionaire Daniel Loeb’s bid to break up Sony Corp. will need to overcome a history of failed efforts by activist investors in Japan.

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King Says Debate on U.K.’s Fiscal Policy Has Become ‘Overblown’

Gold Bear Bets Reach Record as Soros Cuts Holdings: Commodities

White House Warns Against IRS ‘Fishing Expedition’

North Korea Test Fires Four Missiles Off Coast Over Weekend

Nissan Expands in Japan’s Minicar Market With First Joint Model