The company is exploring the sale of part of its stake in Seven Bank, people with knowledge of the matter said.
Uniqlo owner Fast Retailing will likely post steady growth in operating profit, mainly fueled by its international business. Its flagship hot weather clothing may capture robust demand during the summer season, Bloomberg Intelligence analysts Catherine Lim and Trini Tan said.
In South Korea, Samsung Electronics should shed light on the health of the technology sector and how it’s faring in the artificial intelligence space.
Micron Technology’s strong results last month bode well for Samsung’s third-quarter earnings. Higher average selling prices for memory chips used in AI applications and new folding phone models bolstered its operating profit and margin. Watch for any comments on potential job cuts.
See also: Measures to ease inflation must be speedy, says Japan’s Ishiba
LG Energy Solution remains challenged by weak battery demand and pricing amid a slowdown in electric vehicles sales in Europe and the US.
