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Business

  • Toy vendors in Gembrong market see high profits during Idul Fitri holiday

    Toy vendors in Pasar Gembrong, Jatinegara, East Jakarta acknowledged they’ve experienced a dramatic increase in profits during this year’s Idul Fitri holiday.

     

     

  • Amazon to invest $2 bln to expand in India

    The world's largest online retailer is facing off in India against a new name in e-commerce that was founded by former Amazon employees.

  • Nintendo reports loss on shaky Wii U sales

    Nintendo Co. sank to a worse-than-expected loss for the fiscal first quarter on lagging Wii U video-game machine sales.

  • Asia stocks rise on earnings, await US growth data

    Asian stocks rose Wednesday ahead of U.S. economic data and as cheery earnings from major Japanese companies such as Honda Motor Co. countered a lower close on Wall Street.

  • Toyota remains at top in sales after first half

    Toyota remains No. 1 in global vehicles sales after the first six months of this year, followed by Volkswagen which bumped General Motors out of second place as the U.S. automaker grapples with a recall scandal.

  • New York Times profit down, digital subscriptions up

    The New York Times Co. on Tuesday reported a sharp drop in profits as lower advertising revenues offset gains in digital subscriptions.

  • How the Dow Jones industrial average fared Tuesday

  • Stocks end lower ahead of economic data

    The stock market fell modestly on Tuesday as investors waited for a batch of big economic reports later this week.

  • Pfizer's 2Q profit sinks 79 pct but tops forecasts

    Pfizer's second-quarter earnings plunged 79 percent from last year, when the world's second-largest drugmaker booked a business spinoff gain of more than $10 billion. The latest results still edged analyst expectations.

  • BP warns of impact of Russia sanctions on profits

    Energy company BP has warned that further international sanctions on Russia could have an adverse impact on its profits because of its stake in the oil giant, Rosneft.