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Japan wireless profits head to gain

  Bloomberg Japan’s largest mobile phone carriers are poised to report the highest quarterly profit in at least a decade, a rare bright spot as aggregate earnings at the nation’s largest companies slump under a stronger yen and weak consumer confidence. Operating income at the three largest carriers will probably rise 6 percent in aggregate to 858 billion yen (US$8 ...

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Crude prices edge up from two-month lows

  AFP Oil prices rose on bargain-buying in Asia on Wednesday after hitting two-month lows but gains were hobbled by concerns about an oversupply and weak demand after the IMF lowered its global economic growth forecasts. Investors are playing a holding game ahead of the release later in the day of official US stockpile figures, which will provide a better ...

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Even after Turkey coup, no end in sight for PKK bloodshed

  Istanbul / AFP Turkish security forces and Kurdish militants are locked in a grinding conflict with no end in sight even after the botched coup, following a year of renewed fighting that has sown death and devastation in Turkey’s southeast. The coup bid on Friday to unseat President Recep Tayyip Erdogan was staged by disgruntled members of the Turkish ...

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