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TOKYO :Japanese trading house Mitsui on Thursday posted a 900.3 billion yen ($6.3 billion) net profit for the year ended in March, 15.4 per cent down from a year ago amid weaker performance in its liquefied natural gas trading and lower coking coal prices. An LSEG poll of analysts had expected Mitsui to post 913.6 billion yen in annual profit for the last fiscal year. The company forecasts net profit for the year ending in March 2026 at 770 billion yen as it expects weak iron ore and coking coal prices to persist in addition to lower crude oil prices.…

The growing list of major economies warning of weaker growth because of U.S. tariffs has a new member.The Bank of Japan said on Thursday that it expects the Japanese economy to grow 0.5 percent in the fiscal year that started on April 1. That is a sharp downgrade from the 1.1 percent the central bank had forecast in January.Explaining the change, the Bank of Japan cited “trade and other policies” leading to a slowdown in overseas economies and a decline in domestic corporate profits. The outlook was released alongside an announcement that the central bank would keep interest rates unchanged…

A federal judge has strongly rebuked Apple, finding that the iPhone maker willfully violated a court injunction in an antitrust case filed by “Fortnite” maker Epic Games.U.S. District Judge Yvonne Gonzalez Rogers had ordered Apple to lower the barriers protecting its previously exclusive payment system for in-app digital transactions and allow developers to display links to alternative options. On Wednesday, she found that Apple violated a 2021 injunction that, she wrote, sought to “restrain and prohibit the iPhone maker’s anticompetitive conduct” and pricing.”Apple’s continued attempts to interfere with competition will not be tolerated,” Gonzalez Rogers wrote in Wednesday’s ruling, which…

As a maker of prosthetic eyes, Christina Leitzel was told as an apprentice to treat her craft much as an expert art forger would: create a perfect match of one of nature’s most intricate canvases.But just as there are many ways to lose an eye — to cancer or to a fall; to a broom that strikes the wrong part of the brow — Leitzel wants to show there are many ways to gain one.On a damp afternoon in Portland, Ore., a man in his 30s who had recently lost his eye to a BB gun stepped out of her…

As I walked through a major grocery chain store a couple of days ago, I passed a sign that said I could save 10% on my groceries if I got a free flu shot… So if my bill was $250, I save $25 and won’t get the flu! Wow, what a deal, these major corporations must really care about my health…. Wait, what!? Then I turn on the radio and there is a commercial encouraging everyone to go get a FREE flu shot at the following locations…….Every year the CDC (Center for Disease Control) and the pharmaceutical companies embark on…

Fred VanVleet scored 26 points, Amen Thompson added 25 and the Houston Rockets avoided elimination with a 131-116 rout of the Golden State Warriors in Game 5 of a first-round playoff series Wednesday night.Game 6 is Friday in San Francisco.Warriors coach Steve Kerr threw in the towel early in this one with the game out of hand. A layup by VanVleet midway through the third quarter made it 93-64, and Kerr called timeout and cleared his bench.Houston coach Ime Udoka followed suit with about a minute to go in the third and his team up 105-76. He put all his…

The Bank of Japan (BOJ) headquarters in Tokyo, Japan, on Thursday, Oct. 31, 2024. The Bank of Japan kept its benchmark interest rate unchanged.Getty ImagesJapan’s central bank held its policy rate at 0.5% Thursday, for a second straight meeting, as U.S. President Donald Trump’s tariffs weigh on the outlook for the country’s economy.The move was in line with a Reuters poll of economists, and comes at a time of global trade tensions as the U.S. pressures countries to sign business deals under threats of “reciprocal” tariffs.Japan has seen headline inflation staying above the BOJ’s 2% target for 36 straight months,…

[SINGAPORE] Even in the current crisis, there are opportunities to be seized – and the government and labour movement can help Singaporeans be prepared for this, said Prime Minister Lawrence Wong on Thursday (May 1). The People’s Action Party (PAP) and National Trades Union Congress (NTUC) have drawn up plans together, he said at the labour movement’s annual May Day Rally, held at Downtown East in Pasir Ris.“As symbiotic partners, we will deliver them… for all workers, for all Singaporeans.”He noted that this was his first time speaking at the May Day Rally as prime minister, though he had given…

A federal judge ruled on Wednesday that Apple must loosen its grip on its App Store and stop collecting a commission on some app sales, capping a five-year antitrust case brought by Epic Games that aimed to change the power that Apple wields over a large slice of the digital economy.The judge, Yvonne Gonzalez Rogers of U.S. District Court for the Northern District of California, rebuked Apple for thwarting a previous ruling in the lawsuit and said the company needed to be stopped from further disobeying the court. She criticized Tim Cook, Apple’s chief executive, and accused other executives at…

Accel Entertainment (ACEL) announced that Mathew Ellis, CFO, has resigned, effective May 9, to pursue other business interests. Mark Phelan, Accel’s President, U.S. Gaming, has been appointed as acting CFO upon Ellis’ departure. The company is undertaking a search to fill the CFO position on a permanent basis. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today’s best-performing stocks on TipRanks >> Read More on ACEL: Disclaimer & DisclosureReport an Issue