Restructuring sees Sharp post its first operating profit in three years in 2016 – The Japan Times

Sharp Corp. said Friday it posted its first operating profit in three years in the business year that ended March 31, helped by restructuring efforts under Taiwanese parent Hon Hai Precision Industry Co. The electronics maker logged a group operating profit of almost ¥62.5 billion, a turnaround from a ¥161.9 billion loss in fiscal 2015.…

The Turnbull government’s new “good debt” could put it in charge of … – Business Insider Australia

The Turnbull government will help fund inland rail and is almost certain to build, own and operate the $6 billion second Sydney airport, after Treasurer Scott Morrison paved the way for an infrastructure splurge by changing the way debt will be classified in the budget. Prime Minister Malcolm Turnbull all but confirmed that so-called good…