Technology

  • Feb 27 (Reuters) - Glodon Co Ltd * Says prelim 2016 net profit up 75.1 percent y/y at 423.8million yuan ($61.67 million) Source text in Chinese: http://bit.ly/2musiDf Further company coverage:($1 = 6.8726 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

  • Finnish mobile game startup Next Games is planning to list its shares on the Helsinki bourse, it said on Monday. Next Games, founded in 2013, is the first gaming company to prepare for an initial public offering in Finland, which is known for its hit mobile games such as Rovio's Angry Birds and Supercell's Clash of Clans. …

  • Hwang Kyo-ahn

    By Se Young Lee and Ju-min Park SEOUL (Reuters) - South Korean special prosecutors investigating impeached President Park Geun-hye were denied permission to extend their probe and question her in person on Monday amid a graft scandal that threatens to topple her from office. The special prosecutor's office will make its …

  • Finnish mobile game startup Next Games is planning to list its shares on the Helsinki bourse, it said on Monday. Next Games, founded in 2013, is the first gaming company to prepare for an initial public offering in Finland, which is known for its hit mobile games such as Rovio's Angry Birds and Supercell's Clash of Clans. …

  • South Korea's Prime Minister and acting President Hwang Kyo-ahn speaks during a meeting at the Government Complex in Seoul

    By Se Young Lee and Ju-min Park SEOUL (Reuters) - South Korean special prosecutors investigating impeached President Park Geun-hye were denied permission to extend their probe and question her in person on Monday amid a graft scandal that threatens to topple her from office. The special prosecutor's office will make its …

  • South Korean President Park Geun-hye arrives to attend an emergency cabinet meeting at the Presidential Blue House in Seoul

    By Se Young Lee and Ju-min Park SEOUL (Reuters) - South Korean special prosecutors investigating impeached President Park Geun-hye were denied permission to extend their probe and question her in person on Monday amid a graft scandal that threatens to topple her from office. The special prosecutor's office will make its …

  • Feb 27 (Reuters) - Focus Media Technology Co Ltd * Says prelim 2016 net profit up 31.34 percent y/y at 4.45billion yuan ($647.43 million) Source text in Chinese: http://bit.ly/2lLU7Hp Further company coverage:($1 = 6.8733 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

  • MIDEAST STOCKS-Gulf edges lower on profit-taking in … Reuters Middle East - 1 hour 20 minutes ago

    DUBAI, Feb 27 (Reuters) - Stock markets in the Gulf were mostly slightly lower in thin early trade on Monday as there was little domestic or international news to stimulate activity. Saudi Arabia's index inched down 0.1 percent in the first 15 minutes. Real estate fund Riyad REIT, which jumped 9.4 percent on Sunday, …

  • Nifty volatile; financials weigh on markets Reuters - 1 hour 59 minutes ago
    A man looks at a screen across a road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai

    The Nifty swung between gains and losses on Monday, taking a pause after hitting its highest in nearly two years last week, although market heavyweight Reliance Industries Ltd surged to a more than 7-1/2-year high on continued hopes about its telecom unit. Asian shares stayed below 19-month highs with caution setting in …

  • South Korean President Park Geun-hye arrives to attend an emergency cabinet meeting at the Presidential Blue House in Seoul

    SEOUL (Reuters) - The South Korean special prosecutor's office said on Monday it will not be able to question President Park Geun-hye in person as part of its investigation into an influence-peddling scandal that threatens to topple Park. Prosecution spokesman Lee Kyu-chul said it was regrettable prosecutors would not …

  • New Zealand's Spark partners with Netflix Reuters - 2 hours 23 minutes ago
    The Netflix logo is pictured on a television in this illustration photograph taken in Encinitas California

    New Zealand telecommunications company Spark said on Monday it was partnering with U.S. video streaming giant Netflix in an arrangement that was the first of its kind. Spark's broadband customers would receive a year of Netflix's standard plan at no extra cost, the first time the video service had been bundled with broadband …

  • Phonemakers pile in to exploit Samsung weakness Reuters - 2 hours 36 minutes ago

    By Eric Auchard and Harro Ten Wolde BARCELONA (Reuters) - Phonemakers are piling in to fill a gap in the market left by Samsung, still licking its wounds from a costly recall of its flagship Note 7 and with no key device of its own to launch at the telecom industry's biggest annual fair. China's Huawei, the most likely …

  • Nokia goes back to the future with 49 euro phone Reuters - 2 hours 45 minutes ago
    A Nokia 3310 device is displayed after its presentation ceremony at Mobile World Congress in Barcelona

    By Eric Auchard BARCELONA, Spain (Reuters) - Nokia's newly revitalised phone business went back to the future on Sunday, re-introducing a brightly coloured version of the classic 3310 talk and text phone, the world's most popular device in the year 2000. Nokia also launched four moderately priced smartphones ranging from …

  • Lowes, CMO of Samsung Europe, speaks during an event at Mobile World Congress in Barcelona

    Samsung Electronics said on Sunday it would launch its next key device in the aftermath of a burning-battery scandal, the Galaxy S8, on March 29. At the end of a product presentation at Mobile World Congress in Barcelona, the company showed a short video clip announcing the date for its traditional "Unpacked Event". This …

  • Chinese company LeSports had its four-year contract to broadcast Asian Football Confederation (AFC) competitions terminated by the continental governing body last week after failing to pay an instalment on the deal, sources have confirmed to Reuters. The deal, worth in excess of $100 million, was signed with the sports …

  • SEOUL (Reuters) - The South Korean special prosecutor's office said on Monday it will not be able to question President Park Geun-hye in person as part of its investigation into an influence-peddling scandal that threatens to topple Park. Prosecution spokesman Lee Kyu-chul said it was regrettable prosecutors would not …

  • South Korean President Park Geun-hye speaks during an emergency cabinet meeting at the Presidential Blue House in Seoul

    SEOUL (Reuters) - The South Korean special prosecutor's office said on Monday it will not be able to question President Park Geun-hye in person as part of its investigation into an influence-peddling scandal that threatens to topple Park. Prosecution spokesman Lee Kyu-chul said it was regrettable prosecutors would not …

  • Stock markets in the Gulf look set to move sideways on Monday with very few fresh factors, domestically or internationally, to stimulate trade. Low trading volumes and small ranges for most of the region's markets on Sunday suggested some investors are holding off on fresh activity, now that oil prices are stable and …

  • The Wall Street sign is seen outside the New York Stock Exchange

    The lobby group for Wall Street's structured finance companies has partnered with the trade association for the blockchain industry to explore ways blockchain technology can streamline the $1.9 trillion U.S. securitization market. The partnership, set to be announced on Monday, will see the Chamber of Digital Commerce …

  • Feb 27 (Reuters) - Shenzhen Fenda Technology Co Ltd * Says preliminary 2016 net profit up 35.8 percent y/y at398.4 million yuan ($57.95 million) Source text in Chinese: http://bit.ly/2mtXVwF Further company coverage:($1 = 6.8753 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

  • Feb 27 (Reuters) - HC SemiTek Corp * Says it returns to net profit of 267.2 million yuan ($38.86 million) in 2016 vs net loss of 96.0 million yuan yearago * Says it expects to return to net profit of 76-81 millionyuan in Q1 vs net loss of 13.9 million yuan year ago Source text in Chinese: http://bit.ly/2loUR42;http://bit.ly/2mAK0Ez …

  • By Doina Chiacu WASHINGTON (Reuters) - The White House on Sunday did not rule out that Attorney General Jeff Sessions may recuse himself from Justice Department investigations into allegations of Russian interference in the 2016 presidential election. Sarah Huckabee Sanders, a deputy White House press secretary, said …

  • Feb 27 (Reuters) - Wuhu Shunrong Sanqi InteractiveEntertainment Network Technology Co Ltd * Says preliminary 2016 net profit up 110.8 percent y/y at1.1 billion yuan ($159.98 million) Source text in Chinese: http://bit.ly/2lVK98i Further company coverage: ($1 = 6.8758 Chinese yuan renminbi) (Reporting by Hong Kong newsr …

  • A man talks on the phone as he stand in front of an advertising poster of the SoftBank telecommunications company in Tokyo

    By Thomas Wilson and Julie Zhu TOKYO/HONG KONG (Reuters) - Japan's SoftBank Group Corp <9984.T> is close to making an investment in U.S. office-sharing startup WeWork expected to be worth over $3 billion, CNBC reported on Monday, as it expands its reach beyond tech and telecoms. Led by founder Masayashi Son, SoftBank …

  • A man talks on the phone as he stand in front of an advertising poster of the SoftBank telecommunications company in Tokyo

    By Thomas Wilson and Julie Zhu TOKYO/HONG KONG (Reuters) - Japan's SoftBank Group Corp <9984.T> is close to making an investment in U.S. office-sharing startup WeWork expected to be worth over $3 billion, CNBC reported on Monday, as it expands its reach beyond tech and telecoms. Led by founder Masayashi Son, SoftBank …

  • A man talks on the phone as he stand in front of an advertising poster of the SoftBank telecommunications company in Tokyo

    (Reuters) - Japan's SoftBank Group Corp is close to finalising an investment in U.S. office-sharing startup WeWork in a deal expected to be worth over $3 billion, CNBC reported on Sunday. The investment under discussion is a $2 billion primary tranche of funding, followed by a secondary round worth more than $1 billion, …

  • Feb 27 (Reuters) - Sinosoft Technology Group Ltd * Group has entered into a cooperative framework agreementwith ant financial services groupSource text for Eikon: Further company coverage:

  • A man talks on the phone as he stand in front of an advertising poster of the SoftBank telecommunications company in Tokyo

    (Reuters) - Japan's SoftBank Group Corp <9984.T> is close to finalizing an investment in U.S. office-sharing startup WeWork in a deal expected to be worth over $3 billion, CNBC reported on Sunday. The investment under discussion is a $2 billion primary tranche of funding, followed by a secondary round worth more than $1 …

  • Yu, chief executive of Huawei's consumer business, holds up new P10 devices during the presentation ceremony at Mobile World Congress in Barcelona

    Phonemakers are piling in to fill a gap in the market left by Samsung <005930.KS>, still licking its wounds from a costly recall of its flagship Note 7 and with no key device of its own to launch at the telecom industry's biggest annual fair. China's Huawei [HWT.UL], the most likely contender to fill the hole in the premium …

  • A hostess holds Huawei's new P10 Plus device after its presentation ceremony at Mobile World Congress in Barcelona

    By Eric Auchard and Harro Ten Wolde BARCELONA (Reuters) - Phonemakers are piling in to fill a gap in the market left by Samsung, still licking its wounds from a costly recall of its flagship Note 7 and with no key device of its own to launch at the telecom industry's biggest annual fair. China's Huawei, the most likely …

  • FILE PHOTO - A man walks behind a logo of Samsung Electronics at the company's headquarters in Seoul

    Samsung Electronics said on Sunday it would launch its next key device in the aftermath of a burning-battery scandal, the Galaxy S8, on March 29. At the end of a product presentation at Mobile World Congress in Barcelona, the company showed a short video clip announcing the date for its traditional "Unpacked Event". This …

  • Samsung Electronics said on Sunday it would launch its next key device in the aftermath of a burning-battery scandal, the Galaxy S8, on March 29. At the end of a product presentation at Mobile World Congress in Barcelona, the company showed a short video clip announcing the date for its traditional "Unpacked Event". This …

  • FILE PHOTO: People pose with laptops in front of projection of  binary code and CIA emblem in this picture illustration taken in Zenica

    By Jack Stubbs and Svetlana Reiter MOSCOW (Reuters) - Treason charges brought in December against two Russian state security officers and a cyber-security expert in Moscow relate to allegations made by a Russian businessman seven years ago, according to the businessman and a source connected with the investigation. Ruslan …

  • Nokia 3310 device is displayed after its presentation ceremony at Mobile World Congress in Barcelona

    By Eric Auchard BARCELONA, Spain (Reuters) - Nokia's newly revitalised phone business went back to the future on Sunday, re-introducing a brightly coloured version of the classic 3310 talk and text phone, the world's most popular device in the year 2000. Nokia also launched four moderately priced smartphones ranging …

  • Nummela, CEO of Nokia-HMD, holds up Nokia 3310 device during presentation ceremony at Mobile World Congress in Barcelona

    By Eric Auchard BARCELONA, Spain (Reuters) - Nokia's newly revitalized phone business went back to the future on Sunday, re-introducing a brightly colored version of the classic 3310 talk and text phone, the world's most popular device in the year 2000. Nokia also launched four moderately priced smartphones ranging from …

  • FILE PHOTO: People are silhouetted as they pose with mobile devices in front of a screen projected with a Samsung logo, in this illustration picture

    Samsung Electronics launched two new tablets on Sunday, marking its first major announcement since being forced to withdraw the flagship Galaxy Note 7 smartphone after some of the devices caught fire. The Galaxy Tab S3 and the Galaxy Book were presented at the Mobile World Congress in Barcelona, in past years the scene …

  • View shows BMW logo in Moscow

    Luxury carmaker BMW is considering moving planned production of an electric version of its Mini compact car to Germany from Britain in response to plans by London to leave the EU single market, the Handelsblatt daily newspaper reported. BMW may shift manufacturing to its production sites in Regensburg and Leipzig, the …

  • People pose in front of a display showing the word 'cyber' in binary code, in this picture illustration taken in Zenica

    By Jack Stubbs and Svetlana Reiter MOSCOW (Reuters) - Treason charges brought in December against two Russian state security officers and a cyber-security expert in Moscow relate to allegations made by a Russian businessman seven years ago, according to the businessman and a source connected with the investigation. Ruslan …

  • FILE PHOTO: People pose with laptops in front of projection of  binary code and CIA emblem in this picture illustration taken in Zenica

    By Jack Stubbs and Svetlana Reiter MOSCOW (Reuters) - Treason charges brought in December against two Russian state security officers and a cyber-security expert in Moscow relate to allegations made by a Russian businessman seven years ago, according to the businessman and a source connected with the investigation. Ruslan …

  • The White House on Sunday did not rule out that Attorney General Jeff Sessions may recuse himself from Justice Department investigations into Russian meddling in the 2016 presidential election. Sarah Huckabee Sanders, a deputy White House press secretary, said congressional investigations of Russian meddling in the 2016 …

  • Headquarters of Finnish telecommunication network company Nokia are pictured in Espoo

    By Eric Auchard BARCELONA (Reuters) - Nokia sees demand for higher speed 4G network equipment starting to recover this year, led by Japan, the company's chief executive Rajeev Suri said on Sunday as he announced a series of contracts with telecom operators. Speaking at a news conference ahead of the Mobile World Congress …

  • Suri, Nokia's President and Chief Executive Officer, speaks during the Mobile World Congress in Barcelona

    By Eric Auchard BARCELONA (Reuters) - Nokia sees demand for higher speed 4G network equipment starting to recover this year, led by Japan, the company's chief executive Rajeev Suri said on Sunday as he announced a series of contracts with telecom operators. Speaking at a news conference ahead of the Mobile World Congress …

  • A Google search page is reflected in sunglasses in this photo illustration taken in Brussels

    Alphabet Inc’s Google announced on Sunday that it will bring its digital assistant to smartphones running the latest versions of its Android operating system, vastly expanding its reach. The Google Assistant was limited to the technology company's own products when it was released last fall, but it has steadily been expanding …

  • Journalists attend the presentation of the Huawei's new smartphone in Paris

    Huawei is introducing a mass-market version of its premium business phone, to take advantage of a gap created by the withdrawal of Samsung's flagship Galaxy Note 7 after a crisis with its batteries catching fire. Huawei has aggressively expanded its mid- to high-end phones and is going head to head in Asia and Europe with …

  • MIDEAST STOCKS-Gulf little changed, new listings surge … Reuters Middle East - Sun, Feb 26, 2017 4:30 PM SGT

    DUBAI, Feb 26 (Reuters) - Gulf stocks were generally little changed in early Sunday trade but most new listings surged on Saudi Arabia's secondary market as that bourse, which has less onerous listing requirements than the main Riyadh market, opened its doors for the first time. The main Saudi index edged down 0.02 …

  • MIDEAST STOCKS-Milaha Q4 loss may dampen Qatar, Saudi … Reuters Middle East - Sun, Feb 26, 2017 1:52 PM SGT

    DUBAI, Feb 26 (Reuters) - Gulf stock markets may consolidate in quiet trade on Sunday with little fresh news to stimulate trading and the global market environment uninspiring. A surprise loss at Qatar Navigation (Milaha) could dampen the market there. Major global bourses lost ground on Friday as investors scaled back …

  • TCL carries flickering BlackBerry flame with new phone … Reuters - Sun, Feb 26, 2017 11:24 AM SGT
    TCL Communication's CEO Nicolas Zibell and Kevin Michaluk present the new BlackBerry Key One before the Mobile World Congress in Barcelona

    Blackberry Ltd may have exited the device business, but fans of the pioneering email machine need not despair as Chinese smartphone maker TCL Communication has introduced its first Blackberry-licensed phone with the physical keyboard that was long its key allure. The KEYone combines a touch display with a physical keyboard …

  • Cricket-Australia hails the Pune win no one saw co … Reuters - Sun, Feb 26, 2017 10:20 AM SGT

    Australia hailed the extraordinary victory by their cricketers in the first test against India in Pune on Sunday, the plaudits just about drowning out the expressions of stunned surprise at a triumph almost no one expected. The men in baggy green caps took just two-and-a-half days to secure a first test triumph in India …

  • TCL carries flickering BlackBerry flame with new phone … Reuters - Sun, Feb 26, 2017 3:06 AM SGT
    A man holds the new BlackBerry Key One before the Mobile World Congress in Barcelona

    Blackberry Ltd may have exited the device business, but fans of the pioneering email machine need not despair as Chinese smartphone maker TCL Communication has introduced its first Blackberry-licensed phone with the physical keyboard that was long its key allure. The KEYone combines a touch display with …

  • TCL carries flickering BlackBerry flame with new phone … Reuters - Sun, Feb 26, 2017 3:05 AM SGT
    TCL Communcation's CEO Nicolas Zibell presents the new BlackBerry Key One before the Mobile World Congress in Barcelona

    Blackberry Ltd may have exited the device business, but fans of the pioneering email machine need not despair as Chinese smartphone maker TCL Communication has introduced its first Blackberry-licensed phone with the physical keyboard that was long its key allure. The KEYone combines a touch display with a physical keyboard …

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