IBTimes.com : Japan Topic

What Kind Of Bird Are You? A Peek Inside The Avian Mind

Sat, 26 May 2012 12:23:30 EDT

Birds belonging to the Corvidae family -- a group that includes crows, ravens, rooks, and, yes, even John James Audubon's hated blue jays -- have an uncanny ability to learn, play, and use tools unmatched by any other feathered relative.

Direct yuan-yen trading could start in June - media

Sat, 26 May 2012 09:42:02 EDT

Japan and China plan to start direct trading of the yen and yuan as early as June, aiming to make trade and financial transactions between the countries easier, Japanese media reported on Saturday.

Renesas aims to sell chip plant, shed 12,000 jobs: source

Sat, 26 May 2012 07:28:01 EDT

Japanese chipmaker Renesas Electronics Corp plans to sell off loss-making operations and cut its payroll by at least 12,000, a source close to the matter told Reuters on Saturday, as the company battles high costs and nimbler foreign rivals.

Manchester United's Kagawa Bid Rejected by Dortmund - Report

Sat, 26 May 2012 04:49:34 EDT

United had increased their initial offer for the Japan international to £12.8mn but Dortmund is holding out for around £16mn.

Japan's Renesas eyes 14,000 job cuts, chip plant sale: Nikkei

Sat, 26 May 2012 00:42:01 EDT

Struggling Japanese chipmaker Renesas Electronics Corp is planning to slash as many as 14,000 jobs and sell a major semiconductor factory in Japan to Taiwan Semiconductor Manufacturing Co, the Nikkei newspaper reported.

Toyota To Add 8 New Cars For 'Driving To A Picnic' In Emerging Markets

Fri, 25 May 2012 17:25:25 EDT

The Toyota Motor Corp. (NYSE: TM) wants to make itself king of the hill once more and reclaim the No. 1 global sales position from the General Motors Co. (NYSE: GM) by adding eight compact cars for emerging markets, Reuters said Friday.

Japan’s Renesas Electronics May Ax 14,000

Fri, 25 May 2012 17:00:09 EDT

Renesas Electronics (Tokyo: 6723), one of Japan's biggest chip-makers, could fire as many as 30 percent of those on its payroll, or 14,000 workers.

Ukraine Parliament Brawl: Five Best Political Punch-Ups of All Time [VIDEO]

Fri, 25 May 2012 11:22:54 EDT

A parliamentary debate in Ukraine ended in chaos when the members from opposing parties brawled with each other - the latest bout in a dubious tradition of politcians behaving very, very badly.

Searching For The American Dream, In A Chinese RV

Fri, 25 May 2012 09:49:24 EDT

China's growing hunger for the RV is providing further evidence for the theory that the Middle Kingdom is trying to become more American -- at least in its pastimes.

EUR/JPY and GBP/JPY at Declining Channel Support

Fri, 25 May 2012 08:00:14 EDT

Basically in both the EUR/JPY and GBP/JPY, we are ready for some corrective rally. However, there is still further downside before some more key support factors come in play. So without confidence for the bullish outlook from the current support, it may be prudent to apply quicker trade management (ie. move stop to lock in profit early), if you are trading into a corrective rallies.

BA-Japan Airlines joint business cleared

Fri, 25 May 2012 06:00:04 EDT

British Airways-owner IAG said its joint business with Japan Airlines had received competition clearance, allowing the pair to cooperate commercially on flights between Europe and Japan.

After Greece Exits The Euro, What's Next? An Illustrated Guide To 5 Possible Scenarios

Fri, 25 May 2012 05:52:02 EDT

Moving swiftly from the realm of tin foil-hat conspiracy to a bullet point being openly talked about as a fait accompli by international financiers, an exit by Greece from the European common currency dominated conversation this week. But what would actually happen if Greece left the euro?.

Can USD/JPY Hold Above 79?

Fri, 25 May 2012 05:49:02 EDT

On Thursday Dollar/Yen traded within very narrow 30 pip range. The currency couple appreciated from 79.32 to 79.64 yesterday, not matching the negative money flow sentiment at almost -10%, closing the day at 79.58. This morning the Dollar strengthened further against the Yen, lifting up to 79.83, than commenced adjusting.

Moody's downgrades three big Nordic banks

Fri, 25 May 2012 05:00:04 EDT

Moody's Investor Service downgraded credit ratings of three large Nordic banks on Friday, citing their reliance on market funding, tough competition for retail loans, and their exposure to the spreading euro zone debt crisis.

EU worries keep euro near 2-yr lows, shares edge up

Fri, 25 May 2012 03:35:03 EDT

The euro wallowed near two-year lows early on Friday while European shares edged up, as uncertainty over the fate of Greece coupled with this week's disappointing euro-zone and Chinese economic data curbed any appetite for riskier assets.

European Crisis Live: Stocks Turn Negative as Spain's Catalan Region Says Needs Financial Support

Fri, 25 May 2012 02:51:47 EDT

Asia shares erase yearly gains and Japan hits a 20-year weekly losing streak as investors flee risky bets across global markets

Reasons Why iPhone 5 Will Have 4-Inch Display

Fri, 25 May 2012 01:08:21 EDT

Consumers can expect a wider screen from the new iPhone 5 by tech giant Apple, Inc. (NYSE:AAPL).

Asian shares fall to 2012 lows as Europe worries weigh

Thu, 24 May 2012 23:49:02 EDT

Asian shares fell to their lowest levels of the year on Friday as early bargain hunting gave way to worries about Europe's raging debt crisis and weak global growth.

Asia shares fall to 2012 lows as Europe worries weigh

Thu, 24 May 2012 23:42:03 EDT

Asian shares fell to their lowest levels of the year on Friday as early bargain hunting gave way to worries about Europe's raging debt crisis and weak global growth.

Global Asia shares fall to 2012 lows as Europe worries weigh

Thu, 24 May 2012 23:28:02 EDT

Asian shares fell to their lowest levels of the year on Friday as early bargain hunting gave way to worries about Europe's raging debt crisis and weak global growth.

Asian Shares Inch Higher, Capped By Europe Fears

Thu, 24 May 2012 20:42:02 EDT

Asian shares inched higher on Friday, helped by a slight uptick in U.S. shares overnight that encouraged investors to return cautiously to buy up bargains after recent slides, but weak global data and Europe's fiscal woes limited the gains.

Japan: Still the World's Top Creditor Nation for 21 Years

Thu, 24 May 2012 19:58:03 EDT

Japan has retained its position as the world's top creditor nation in 2011, a title it has held on to for the past 21 years.

World Bank: Slowing Chinese Economy Drags Down East Asia

Thu, 24 May 2012 19:50:18 EDT

While China's economy is still booming compared with other world economies, the World Bank has once again cut China's growth forecast to 8.2 percent.

Global Markets Overview - 05/25/2012

Thu, 24 May 2012 19:24:47 EDT

U.S. stocks finished mostly higher after late afternoon comments from the Italian premier boosted confidence that Greece would stay in the euro zone. The Dow Jones Industrial Average finished up 34 points, or 0.3%, at 12530, after bouncing back from a 0.6% slide.

Daily Forex Forecast 05/25/2012

Thu, 24 May 2012 19:23:49 EDT

Whilst troubles in Europe continued to escalate overnight the Australian dollar has decided enough is enough for now and has remained in range-bound consolidation mode. I

Uranium Is a Deep-Value Sector: Alka Singh

Thu, 24 May 2012 16:49:04 EDT

Having just founded her own research company, Mine2Capital, Alka Singh has her sights set on the uranium sector, where she sees deep values in a beaten-down industry. With two major catalysts likely to boost spot prices, M&A activity afoot, new mines coming into production and new companies coming to market, well-positioned investors stand to benefit from what just may be a coming boom.

Why Silver is a Buy

Thu, 24 May 2012 15:53:05 EDT

Why is Silver so important in today's industrial world? The Fundamentals Today, Silver is used for industrial purposes, decorations photography, and medicine. Its combination of strength, malleability and conductivity makes it a major element, in the commodity market.

A Dead Whale, A School Cafeteria And A Chinese Mystery

Thu, 24 May 2012 15:24:30 EDT

A school cafeteria in China's Shandong province may have attempted to serve whale meat to students -- an illegal act that came to light when the whale's carcass was discovered in the kitchen. It has since disappeared, and so has the cafeteria's manager.

Jonathan Ive: Apple's Next Project Is 'Most Important,' 'Best Work We've Done'

Thu, 24 May 2012 14:27:57 EDT

Apple's senior VP of industrial design Jonathan "Jony" Ive, who was also Apple founder Steve Jobs' closest friend and confidant, was asked by The Telegraph what project he would like to be remembered by. Even though Ive is behind some of Apple's most courageous product designs, the design guru actually said Apple's current project could be his finest hour.

Tokyo, Madrid, Istanbul Vie For Olympic (Pot Of) Gold

Thu, 24 May 2012 14:13:03 EDT

Do host cities make money?

Asia's Military Spending To Surpass Europe's For First Time

Thu, 24 May 2012 12:11:36 EDT

2012 will be a historic moment in the shift of global power from the West to the East. According to expert estimates and figures on military spending, in 2012 Asia's spending on defense will eclipse Europe's for the first time in the modern era.

MANCHESTER UNITED TRANSFER RUMOURS: Hazard, Kagawa, Robben, Baines, Giroud Involved In Latest Speculation

Thu, 24 May 2012 11:29:30 EDT

Hazard to sign for United, Kagwa bid lodged and more speculation involving Manchester United's transfer targets.

Oil in short covering rally

Thu, 24 May 2012 10:19:50 EDT

Neither the European meeting nor the Iran/West meeting made much progress yesterday. On the macroeconomic front the preliminary PMI data out of China came in a tad below expectations and solidly below the expansion threshold of 50. The preliminary reading for the purchasing managers index was 48.7 versus the final April number of 49.3.

Stevia: Miracle Sweetener May Have A Sour Note

Thu, 24 May 2012 09:29:19 EDT

The meteoric rise of a natural, healthy alternative to sugar - a holy grail for the food industry - might just be a little too good to be true. In two years stevia, a plant used for centuries by Paraguay's Guarani Indians, has shot to prominence in products by Coca-Cola, Danone and Merisant.

Japan Tobacco Targets European Smokers

Thu, 24 May 2012 08:39:22 EDT

Japan Tobacco Inc. (Tokyo: JT) is buying all outstanding shares in Belgian tobacco company Gryson NV from its parent GT&Co BVBA for €475 million ($596.3 million), the company announced Thursday.

Euro Falls to 21-Month Low on Greek Worries

Thu, 24 May 2012 08:27:28 EDT

The common currency was punished overnight as sentiment regarding Greece turned from bad to worse.

Central Banks Still Significant Buyers On Gold Dip

Thu, 24 May 2012 07:28:02 EDT

Gold's London AM fix this morning was USD 1,558.50, EUR 1,239.27, and GBP 993.62 per ounce. Yesterday's AM fix this morning was USD 1,555.00, EUR 1,229.44, and GBP 989.56 per ounce. Silver is trading at $28.12/oz, €22.46/oz and £18.01/oz. Platinum is trading at $1,430.25/oz, palladium at $591.80/oz and rhodium at $1,275/oz.

China's CIC eyes up to $2 billion stake in Alibaba Group: sources

Thu, 24 May 2012 07:21:03 EDT

Sovereign wealth fund China Investment Corp is in advanced talks to buy an up to $2 billion stake in Alibaba Group, sources told Reuters, as the Chinese e-commerce powerhouse looks to secure the last of the funding it needs to buy back part of its stake from Yahoo Inc.

Renesas says to tie up with TSMC in chip business

Thu, 24 May 2012 07:14:02 EDT

Japan's loss-making Renesas Electronics Corp said on Thursday it will tie up with Taiwan Semiconductor Manufacturing Co in the microchip business as it struggles to keep up with aggressive rivals like Samsung Electronics.

Sharp to supply technology to Hon Hai's China plant: Nikkei

Thu, 24 May 2012 06:49:02 EDT

Japan's Sharp Corp will supply technological know-how to Taiwan's Hon Hai Precision Industry Co for a plant in China that will produce panels for Apple Inc's iPhone and other consumer electronics products, the Nikkei business daily said on Thursday.

USD/JPY Consolidates After Two Days Of Shaking

Thu, 24 May 2012 05:49:02 EDT

On Wednesday Dollar/Yen decreased with 115 pips, losing all Tuesday's gains. The currency couple depreciated from 80.08 to 79.20 yesterday, matching the negative money flow sentiment at under -14%, closing the day at 79.44. This morning the Dollar is trading quietly against the Yen, with movements at the lower end of yesterday's range for now.

Prices of Chinese Rare Earths Seen Falling

Thu, 24 May 2012 04:42:11 EDT

Prices of rare earths from China have been reported posting a dropping trend this week.

As rivals falter, Lenovo has emerging market edge

Thu, 24 May 2012 03:49:04 EDT

With home turf advantage in the world's biggest computer market and a foothold in major emerging economies, China's Lenovo Group is looking to turn market share into profit, heaping more pressure on U.S. rivals Hewlett-Packard Co and Dell Inc.

Majors Daily Forecast 24 May 2012

Thu, 24 May 2012 03:14:03 EDT

EUR/USD Sell at 1.2595 SL 1.2627 TP 1.2518 USD/JPY Sell at 79.56 SL 79.88 TP 78.84 GBP/USD Sell at 1.5699 SL 1.5731 TP 1.5611 USD/CHF Buy at 0.9535 SL 0.9503 TP 0.9619 today so far +56, total yesterday +178 pips.

EU Morning Report- Greek exit fears weigh, gold bounces epically

Thu, 24 May 2012 02:56:01 EDT

The euro (EUR) dropped to a 22-month low falling to 1.2545 from 1.2686 against the US dollar on a heightened risk aversion in the markets. Concerns that Greece may face a damaging default and a messy exit from the eurozone weighed on the single currency after talks said that Eurogroup was asked to.

Why Sooner or Later in Europe Someone Will Have to Pay

Wed, 23 May 2012 21:56:32 EDT

Let the recriminations begin! And then the show trials!

Asian Shares Edge Up Despite Worsening Euro Fears

Wed, 23 May 2012 20:56:02 EDT

Asian shares were steady but remained vulnerable on Thursday amid signs European leaders were unable to deliver meaningful measures to resolve the region's deepening debt crisis.

Global Markets Overview - 05/24/2012

Wed, 23 May 2012 19:01:10 EDT

U.S. stocks reversed steep losses to finish the day roughly flat, though European stocks and the euro tumbled to 2012 lows amid growing chatter about a potential Greek exit from the euro zone

Philippines Gets Support From Japan, Others Against China

Wed, 23 May 2012 17:35:16 EDT

The Philippines is getting ships and assistance from other countries as it faces off against China, but it's still a far cry from matching Beijing's military capabilities

Apple's iPhone 5 Rumors and Possible Release Date

Wed, 23 May 2012 14:16:32 EDT

Rumors about Apple's new iPhone 5 are circulating the web as many people are setting high expectations about this new offering from Apple. Aside from possible specifications and features, rumors about the possible release date are also spreading like wildfire in the Internet.