Brent crude surged 3% to $85.77 a barrel on news of renewed U.S. military strikes and a restored blockade against Iran, triggering a cautious retreat across European equities. While Asian markets managed to close in positive territory, Western investors remain wary of the geopolitical fallout hitting energy prices.
Foreign investors dumped a net $32.37 billion in South Korean stocks during June, marking the largest monthly exodus since the Bank of Korea began tracking the data in 2008. This fifth consecutive month of net selling signals a cooling appetite for the market after a prolonged, AI-fueled rally.
Nippon Shikizai Inc. reported a net profit of 51 million yen for the first quarter ending May 31, a slight uptick from the 50 million yen recorded during the same period last year. The cosmetic manufacturer’s financial results reflect a steady performance under Japanese accounting standards as revenues climbed to 4.52 billion yen.
Foreign investors dumped a record $32.37 billion in South Korean stocks during June, marking a fifth straight month of outflows as an AI-driven market rally hits a wall. The sell-off, the largest since the Bank of Korea began tracking data in 2008, signals a shift in sentiment for the tech-heavy market.
Life Foods Co. Ltd. saw its net profit plummet to 43 million yen for the first quarter ended May 31, a sharp decline from the 95 million yen recorded during the same period last year. The Japanese food manufacturer’s latest financial report signals a tightening margin environment across its core operations.
A 57% surge in net profit is expected when Taiwan Semiconductor Manufacturing Co. reports its second-quarter earnings this Thursday. The world's largest contract chip maker is projected to reach NT$624 billion in profit, marking its fifth consecutive quarter of record-breaking financial performance fueled by relentless artificial intelligence hardware spending.
Arigatou Services Co. Ltd. reported a significant surge in profitability for the first quarter ending May 31, with net profit climbing to 257 million yen from 143 million yen in the same period last year, according to financial results released under Japanese accounting standards.
A sharp decline in bottom-line performance hit Toshin Holdings for the fiscal year ending April 30, as the company reported a net loss of 1.38 billion yen. This deficit marks a significant deterioration from the 16 million yen loss recorded during the previous fiscal cycle despite a slight uptick in total revenue.
A sharp reversal in fortunes saw Toshin Holdings report a net loss of 16 million yen for the fiscal year ending April 30, a stark departure from the 142 million yen profit posted in the previous year. The decline reflects a broader struggle to maintain margins despite a modest uptick in total revenue.
Toshin Holdings saw its net profit drop to 426 million yen for the nine months ending January 31, a sharp decline from the 662 million yen recorded during the same period last year. The earnings slide persists even as the Japanese firm managed to nudge its total revenue upward to 13.04 billion yen.
A 163 million yen net profit for the first half of the fiscal year ending October 31 marks a sharp recovery for Toshin Holdings, which posted a 162 million yen loss during the same period last year. The turnaround signals improved stability for the company under Japanese accounting standards.
A 281 million yen net loss for the first quarter ending May 31 marks a sharp reversal for Shochiku Co., which posted a 1.51 billion yen profit during the same period last year. Despite the headline deficit, the Japanese entertainment firm saw its quarterly revenue climb to 24.14 billion yen.
A fresh escalation between Washington and Tehran has sent crude oil prices climbing, as the U.S. launched a third night of strikes and announced a 20% tariff on all cargo passing through the Strait of Hormuz. The move aims to offset costs for guaranteed safe passage, triggering immediate market volatility across Asia.
While China's broader smartphone market suffered its fifth consecutive quarter of decline, Huawei and Apple bucked the trend by aggressively expanding their shipments. New data from IDC reveals a 4.3% drop in total shipments to 66 million units, yet both tech giants managed double-digit growth in a cooling economy.
A 41% surge in net profit highlights a strong start for Kaitori Okoku, as the Japanese retailer reported earnings of 148 million yen for the first quarter ending May 31. This performance significantly outpaces the 105 million yen recorded during the same period last year, driven by steady growth across its operations.
Sigma Koki Co. Ltd. reported a net profit of 831 million yen for the fiscal year ending May 31, 2026, marking a decline from the 986 million yen recorded in the previous year. Despite the bottom-line contraction, the Japanese firm managed to post slight gains in both operating and pretax profitability.
Ecos Co. Ltd. posted a net profit of 1.03 billion yen for the quarter ending May 31, a slight decline from the 1.07 billion yen recorded during the same period last year. The results, filed under Japanese accounting standards, reflect a quarter of stagnant growth across the company’s core financial indicators.
A 38 million yen net loss for the first quarter ending May 31 marks a sharp reversal for Seihyo Co. Ltd., which recorded a 38 million yen profit during the same period last year. The shift reflects broader operational struggles despite a modest uptick in top-line revenue for the Japanese firm.
A dramatic turnaround defined the first quarter for Graphite Design Inc., as the company reported a net profit of 154 million yen for the period ending May 31. This result marks a sharp recovery from the 7 million yen loss recorded during the same quarter one year prior.
TotalEnergies SE acquired 1,510,048 of its own shares between July 6 and July 10, 2026, marking a significant capital deployment move. The energy giant executed these transactions at an average price of 68.20 euros per share, totaling an expenditure of approximately 102.99 million euros across various market platforms.
Kawasaki Geological Engineering Co. Ltd. reported a dramatic swing in profitability for the six months ending May 31, 2026, with net profit climbing to 760 million yen. This result marks a substantial increase from the 313 million yen recorded during the same period last year, signaling a robust operational turnaround.
Nachi-Fujikoshi Corp. nearly doubled its net profit for the first half of the fiscal year, reaching 3.40 billion yen against 1.88 billion yen reported during the same period last year. The surge in earnings reflects a broader recovery in revenue as the Japanese manufacturer navigates shifting industrial demand.
Bic Camera reported a sharp rise in profitability for the nine-month period ending May 31, with net profit reaching 19.84 billion yen. This performance marks a significant improvement over the 15.14 billion yen recorded during the same timeframe last year, reflecting broader gains across the company's financial metrics.
SK Japan Co. Ltd. posted a net profit of 332 million yen for the first quarter ending May 31, marking a steady rise from the 282 million yen recorded during the same period last year. The company’s latest financial disclosure reveals growth across all key metrics under Japanese accounting standards.
A third consecutive night of U.S. military strikes on Iran and a newly imposed trade blockade in the Strait of Hormuz have sent crude oil futures climbing, fueling uncertainty across Asian financial markets. President Trump confirmed the U.S. will now demand a 20% surcharge on all cargo transiting the critical waterway.
Printnet Inc. reported a decline in net profit for the nine-month period ending May 31, with earnings falling to 306 million yen from 356 million yen the previous year. Despite a modest rise in operating profit, the firm saw its per-share earnings drop to 63.35 yen, down from 73.67 yen.
WingArc1st Inc. posted a net profit of 1.56 billion yen for the first quarter ending May 31, marking a steady climb from the 1.47 billion yen recorded during the same period last year. The results, filed under IFRS standards, reflect broader growth across the company’s primary financial metrics.
WITZ Corp recorded a substantial rise in profitability for the nine-month period ending May 31, with net profit reaching 411 million yen compared to 336 million yen during the same period last year. The results, reported under Japanese accounting standards, reflect a strong upward trend in the company's financial performance.
Morito Co. Ltd. posted a significant revenue increase to 33.07 billion yen for the first half of the 2026 fiscal year, yet the company’s net profit fell to 1.65 billion yen from 2.35 billion yen in the same period a year earlier, according to the firm’s latest financial disclosure.
Tokyo-based Arara Inc. posted a net profit of 324 million yen for the nine months ending May 31, a slight contraction from the 334 million yen recorded during the same period last year. Despite the dip in bottom-line earnings, the company saw its overall revenue climb to 8.06 billion yen.
