UK Wage Growth Slows as BoE Rate Decision Looms 
BOJ Flags Import Costs and Yen Shocks as Persistent Inflation Risks 
Cathie Wood Backs AI Slowdown as Safety Concerns Grow 
Global Central Banks Brace for More Rate Hikes as Inflation Risks Rise 
Optus Apologises After Network Outage Disrupts Emergency Calls 
Qualcomm Gains on $60B Amazon AI Chip Deal 
SoftBank Shares Jump 8% as SB Energy IPO Optimism Builds 
Saudi Oil Exports Face 4% Global Supply Threat as Pipeline Remains Shut 
Syngenta Files for Hong Kong IPO, Eyes $5 Billion Raise 
OpenAI Weighs AI Development Slowdown Over Safety Risks 
US Treasury Yields Near 5% as Oil Fuels Inflation Fears 
Anthropic Eyes Second Straight Profitable Quarter Ahead of Potential IPO 
Ares Names James Garforth Principal for Asia Direct Lending 
Oil Prices Surge as Houthi Attacks Raise Saudi Supply Fears 
Japanese Yen Retreats as Dollar Rises Ahead of Fed, BOJ Rate Decisions 
Finland Raises 2026 Growth Forecast as Exports and Investment Surge 
Meta’s AI Shopping Push Grows as Agentic Commerce Remains Below 1% 
Add as a preferred source on Google
Sony Group Corp. will buy back up to ¥200 billion ( $1.8 billion) of its shares after it posted a quarterly operating profit of ¥66.5 billion, below the ¥74 billion expected by analysts.
Sony sold 3.3 million PlayStation 5 consoles in the period, tallying 7.8 million for the fiscal year.
The company aims to sell over 14.8 million units in the current year, but a production bottleneck affecting the device will is expected to persist, according to Chief Financial Officer Hiroki Totoki.
Hideki Yasuda, an analyst at Ace Research Institute, noted that Sony's revenue from PlayStation and the music segment’s smartphone games missed expectations of analysts who thought the stay-at-home setup would have increased demand for these businesses.
Sony's image-sensor division got a lift from the launch of Apple Inc.’s latest iPhone despite the loss of Huawei Technologies as another high-volume client.
