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July, 2, 2016

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Business
China manufacturing drops  sharply 4th straight month
Activity in Chinese factories suffered its sharpest deterioration for four months in June, figures showed Friday, as weak demand and industrial overcapacity weighed on the world's second-largest economy.
 > China
 
Sharp relocates HQ  on reports of delay in Hon Hai accord
Sharp, the Japanese electronics giant that has been acquired by Hon Hai Precision Industry, Friday relocated its headquarters to Sakai from Osaka amid reports claiming the Taiwan-based firm missed its target date for closing the acquisition because of lengthy antitrust review by China.
 
'Games' studio Lionsgate to buy Starz for US$4.4 bil.
Lionsgate, the Hollywood studio known for its "Hunger Games" film franchise, said Thursday it reached a deal to buy the Starz pay television group for US$4.4 billion.
 
Netflix to boost original TV, film content from Asian countries
Netflix plans to expand its Asian offerings to subscribers around the world by tapping more creators in the region, including "Snowpiercer" director Bong Joon-ho, its chief said Thursday.
 
SAN FRANCISCO -- Yahoo CEO Marissa Mayer tried to hit all the upbeat notes during an annual shareholders meeting as the company considers selling its slumping internet operations.
 
Google's newest mobile operating system will be called Nougat, continuing a tradition of naming Android software after sweet treats, the tech giant said Thursday.
 
Japan was clobbered with a one-two punch Friday as weak data and a lackluster business confidence report underscored the slowdown dragging on the world's No. 3 economy.
 > Japan
 
Xperia shows off new model
A woman holds an Xperia XA Ultra, the latest smartphone model by Sony Mobile, at a press event in Taipei, Friday, July 1. The phone features a 6-inch touchscreen and a 16-megapixel selfie camera.
 > Taiwan
 
Asian stocks ended the week with another rally Friday on optimism that central banks globally will step up to support growth in the face of uncertainty caused by Britain's vote to quit the European Union.
 
Canada's Federal Court of Appeal has overturned the previous government's controversial approval of a pipeline proposal that would bring oil to the Pacific Coast for shipment to Asia.
 
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