Panasonic to cut 15,000 jobs, posts first loss in six years

Panasonic Corp., the world's largest consumer-electronics maker, announced on Wednesday that it will cut about 15,000 jobs and says it expects to post its first loss in six years amid a global economic slump.

Chorus of opposition to U.S. protectionism grows

Japan's Prime Minister has joined the European Union, Canada and President Obama in criticizing possible protectionist trade policies on American goods being discussed as part of the U.S. economic stimulus plan. (Feb 4, 09)

China's ore lust is long term not near term

China is making moves to secure long term supplies and current markets provide a scenario in which this can be done at bargain prices says analyst and commentator Keith Goode. And, as almost alway with China, all may not be as it seems on surface. (Feb 4, 09)

France's Areva signs nuclear reactor agreement with India

On Wednesday French nuclear giant Areva signed a preliminary deal to provide up to six new-generation reactors to India. (Feb 4, 09)