Tuesday, May 28, 2019

Japanese government says, starting August 1, it will limit foreign ownership of companies in 20 sectors in its IT and telecom industries (Leika Kihara/Reuters)

Leika Kihara / Reuters:
Japanese government says, starting August 1, it will limit foreign ownership of companies in 20 sectors in its IT and telecom industries  —  TOKYO (Reuters) - Japan's government said on Monday that high-tech industries will be added to a list of businesses for which foreign ownership of Japanese firms is restricted.



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...