The yen strengthened sharply to a nearly three-month high against the dollar on Thursday, backed by growing expectations for an imminent rate increase by the Bank of Japan.
STMicroelectronics slashed its sales and margin forecasts for the year again as it continues to face lackluster demand for chips from the automotive industry.
Nestle said it now expects to report organic sales growth of at least 3% this year from around 4% previously, due to a more challenging pricing environment.
Roche raised its earnings guidance for the year after the Swiss drugs group posted better-than-expected results for the first half, with growth in its core businesses helped by new product launches.
