The rumor pipe mentioned a project in the works. Squaresoft is fairly tight lipped about games in development for none cross platform, proprietary systems. I hope to haysus it's a new installment of Final Fantasy. http://www.SQUARESOFT.com I'd say that's being "still around", wouldn't you? Sorry if I wasn't politically correct in using Enix in the name. To me, it'll always be Squarsoft.
To me Squaresoft > SquareEnix, which why I don't use use Squaresoft to describe the company as it is now. Website is under squareenix BTW, but I was just joking anyways
Undercroft, party based RPG is under development, some info can be found in this thread http://forums.toucharcade.com/showthread.php?t=12896&highlight=undercroft.
I'll second "Wolfenstein RPG", although lord only knows when we may expect it. It's done already, we know this. It was released prematurely in several countries a month ago, then pulled.