Sony said on Thursday it saw a $261 million first-quarter net profit thanks to brisk sales of its PlayStation 4 console and a weak yen, but said it still expects a full-year loss.

The company's net profit came to 26.8 billion yen ($261 million) for the three months through June, up from 3.1 billion yen a year earlier, with sales rising 5.8 percent to 1.8 trillion yen.

Shares in Nintendo fell more than six percent in early trade Thursday after the Japanese videogame giant announced it was still mired in the red.

Nintendo shares dropped 6.29 percent to 11,550.0 yen soon after the Tokyo stock market opened.

Samsung said Thursday net profit plunged almost 20 percent in the second quarter as competition from cheap Chinese phones and the strong won saw sales slump in its key mobile business.

The South Korean electronics giant said net profit came in at 6.25 trillion won ($6.1 billion), down 19.6 percent in the first on-year decline for nearly three years.

Airbus on Thursday said its decision to cancel a $2.2 billion jet order from Skymark Airlines was final, rejecting the Japanese carrier's suggestion that talks were still ongoing.

Argentina was in default Thursday for the second time in 13 years after the failure of last ditch talks with U.S. hedge funds it has branded "vultures."

Hundreds of angry protesters took to the streets across several Yemeni cities on Wednesday as a government decision to raise fuel prices in the impoverished country came into effect.

Spain's economy grew by a better-than-expected 0.6 percent in the second quarter compared with the previous three months, the fastest rate since 2007 and more evidence of the country's recovery from recession.

In provisional estimates released Wednesday, the National Statistics Institute says the economy grew by 1.2 percent over 12 months, following four consecutive quarters of expansion.

Japanese videogames giant Nintendo on Wednesday posted a $97 million quarterly net loss, as higher costs tied to sales of its Wii U console dug into its bottom line as sales weakened.

Argentina’s economy minister was in New York for last-ditch talks hours before a deadline Wednesday that could plunge the country into a new default, its second in 13 years.

Buenos Aires has until the end of the day to resolve its dispute with so-called "holdout" hedge funds whose refusal to accept a write-down on debt it defaulted on in 2001 has pushed Latin America's third-largest economy to the brink of a new default.

Colombian President Juan Manuel Santos met Tuesday with Japan's Prime Minister Shinzo Abe, calling for accelerated bilateral trade talks and more investment by the Asian economic powerhouse.