Fujitsu taps ex-fund manager to hear what market has to say

Fujitsu taps ex-fund manager to hear what market has to say

TOKYO — As Fujitsu shifts to a business model focused on software, the company is also taking steps to incorporate investor perspectives in its governance with the addition of an outside director from an asset management company. The Japanese technology...
China presses on with defense buildup as US tensions grow

China presses on with defense buildup as US tensions grow

BEIJING — China announced on Friday a 6.6% increase in annual defense spending to 1.27 trillion yuan ($178 billion) even with its economy still reeling from the coronavirus pandemic, in a move that risks further escalating tensions with the U.S. While this is a...
From Thailand to US, businesses reopen to a strange new normal

From Thailand to US, businesses reopen to a strange new normal

BANGKOK — Many shoppers ventured out to the Central World when the capital’s shopping mall opened for the first time in two months on Sunday. But they had to first “check in” at the door by using their smartphone to scan QR codes displayed by...
No toilet paper? No problem: bidets gain new converts in US

No toilet paper? No problem: bidets gain new converts in US

TOKYO — When Japan’s Toto installed high-tech toilets at Narita Airport near Tokyo some years ago, the aim was to promote bidets by letting visitors try them upon arrival. Electric bidets had not taken off abroad, where just 3% of U.S. households have...
Alibaba executive tells investors not to worry about US delisting

Alibaba executive tells investors not to worry about US delisting

HONG KONG/NEW YORK — With the coronavirus pandemic weighing down operations and investments, Alibaba Group Holding has reported its first quarterly profit decline since 2016. Revenue in what Chief Financial Officer Maggie Wu called “a challenging...