JAPAN

Iran Dismisses Sanctions Ahead Of Nuclear Talks

Iranian President Mahmoud Ahmadinejad
The United States is hoping that new sanctions targeting Iran's central bank and its oil industry will pressure the Islamic Republic to stop enriching uranium, but Iran is defiant, claiming that it can withstand any oil embargo for two or three years.
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Bank of Japan holds off on easing as expected

The Bank of Japan kept monetary policy steady on Tuesday, holding fire until a more thorough assessment of the economy at another rate review in two weeks that may show further action is needed to nudge inflation up towards its 1 percent target.
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Asian Shares Struggle, Awaiting China Data

Asian shares eased Tuesday as investors cautiously awaited Chinese trade data to gauge whether the world's second-largest economy could achieve a soft landing, after a sharp slowdown in U.S. jobs creation clouded prospects for global growth.
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Sony to ax 10,000 jobs in turnaround bid: Nikkei

Japan's Sony Corp is cutting 10,000 jobs, about 6 percent of its global workforce, the Nikkei newspaper reported on Monday, as new CEO Kazuo Hirai looks to steer the electronics and entertainment giant back to profit after four years in the red.
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Sony to axe 10,000 jobs in turnaround bid: Nikkei

Japan's Sony Corp is cutting 10,000 jobs, about 6 percent of its global workforce, the Nikkei newspaper reported on Monday, as new CEO Kazuo Hirai looks to steer the electronics and entertainment giant back to profit after four years in the red.
Sony doubled its annual losses projection to $6.4 billion on Tuesday, just one day after the company announced it will cut about 10,000 jobs, or about six percent of its global workforce. CEO Kazuo Hirai needs to take a big look at his board of directors

Sony Slashes 10,000 Jobs: What CEO Hirai Can Learn From Apple

Sony will cut about 10,000 jobs, which equates to about six percent of its global workforce, by the end of the year. The move comes after an extremely poor annual forecast and the hiring of a new CEO, Kazuo Hirai, who looks to get profit out of the red for the first time in four years.
Kazuo Hirai

Sony To Cut 10,000 Jobs As Part Of New CEO's Overhaul

About half the cuts will come from two moves the Japanese electronics and entertainment giant already announced -- the sale of its chemical-products business and the spinoff of midsize liquid-crystal-display operations to a venture with rivals Toshiba Corp. and Hitachi Ltd.
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Asian Markets Slip Again On Europe Worries

Asian shares eased Friday, when many markets were closed for the Easter holiday, as investors stayed on the sidelines ahead of key U.S. jobs data, avoiding risk after rising yields in weaker euro zone countries refueled concern about Europe.

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