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Hon Hai quarterly profit tops estimates

Bloomberg Hon Hai Precision Industry Co, the biggest assembler of iPhones, posted fourth-quarter profit that beat analyst estimates as billionaire Terry Gou cuts costs at his manufacturing giant. Net income was NT$62.6 billion ($2 billion) in the three months ended December, Hon Hai said in a filing. That compares with the NT$36.6 billion average of estimates compiled by Bloomberg. Hon ...

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Indonesia to close island to prevent ‘dragon’ smuggling

Bloomberg Indonesia will close an island inhabited by endangered komodo dragons following reports of rampant smuggling of the giant lizards, the Tempo reported. Komodo Island in Manggarai Barat in East Nusa Tenggara province will be shut to tourists from January, the newspaper reported, citing Marius Jelamu, a spokesman for the provincial administration. The decision was taken after consulting the environment ...

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Job seekers in Japan witness best market in decades

Bloomberg Japan’s remarkably tight labour market just got even tighter. The jobless dipped again to around the lowest in almost three decades while the number of jobs available for each applicant has remained at a 44-year high since last year. Even in easy going sub-tropical Okinawa, which has traditionally lagged mainland Japan in economic development, the ratio is near a ...

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