Japan’s Sony Corp raked in its highest-ever quarterly profit after booking one-time gains related to its acquisition of EMI, though shrinking earnings at the game division could further prompt investors to look for next growth drivers. Sony has reinvented itself as an entertainment...

China will relax rules on IPOs for a planned Nasdaq-style tech board in Shanghai as it seeks to encourage start-ups to list at home after losing the likes of Alibaba and Baidu to Wall Street. Existing rules on initial public offerings ban companies from listing unless they have a track...

Apple Inc plans to cut the price of some of its flagship iPhones for only the second time in the device’s 12-year history, pegging its retail value to past prices in local currencies outside the United States instead of the rising U.S. dollar. The move is an attempt to stem weak sales...