Mazda Motor Corp. set the price of an approximately $1.67 billion share offering at a discounted ¥124 per share, roughly $1.53, on Monday in the hopes that the money raised can help fund a return to profitableness for the struggling Japanese car manufacturer.
When folks think about President Barack Obama, two specific adjectives flash across millions of American minds: foreign-born and duplicitous. He also reads teleprompters very well.
The stunning development was met with cautious optimism by the U.S., South Korea and China,
China lowered its economic growth target to an eight-year-low of 7.5 percent from an 8 percent goal in place since 2005, a signal that the country's leaders are determined to scale back the reliance on external demand and foreign capital, in favor of domestic consumption.
A Humboldt penguin escaped from Tokyo's Sea Life Park zoo over the weekend and was last photographed swimming in a city river.
United Airlines battled major service disruptions and technical glitches on Saturday including kiosk malfunctions, jammed phone line and problems with the reservation system causing flight delays as it combated the problems. The problems stemmed from the company, still integrating the former Continental Airlines, adopted Continental's single passenger reservation system.
Well, what do we have here? Regularly we come across people who talks a little bit too much, but there is no way to shut them up unless verbal or physical confrontation is used. It now seems an easier way to solve this problem is just right over the horizon, made possible in the land of the rising sun, Japan.
Shareholders of Tokyo Electric Power Co Inc, operator of the crippled Fukushima nuclear plant in northeast Japan, are suing the utility's executives for a record 5.5 trillion yen ($67.4 billion) in compensation, lawyers said.
Shareholders of Tokyo Electric Power Co Inc, operator of the crippled Fukushima nuclear plant in northeast Japan, are suing the utility's executives for a record 5.5 trillion yen ($67.4 billion) in compensation, lawyers said.
Philippine authorities have requested an apology from Canadian actor Taylor Kitsch for an erroneous statement which wrongly implicated airport officials of Philippines, while the actor hasn't been to the country at all.
Iran's biggest Indian oil client, Mangalore Refinery and Petrochemicals Ltd , plans to cut its annual import deal with Tehran by as much as 44 percent to 80,000 barrels per day in 2012/13, two sources said, as western sanctions make trade more difficult.
Nearly 12 percent of Saudi Arabia's 20 million men are believed to be suffering from impotence and 80 percent of these cases are associated with psychological problems. Speaker of an Israeli legislative body is seeking to pass a bill which outlaws the use of images of extremely underweight models in Israeli media, reports said. Top Israeli model and actress Bar Refaeli has sued Suny Electronics Ltd., the authorized Israeli importer of Samsung mobile phones, for about $1.2 million in breach of...
The reintroduction of the government subsidy in Japan on fuel-efficient vehicles, which propelled a big increase in retail spending and industrial production in January, will generate negligible benefit to the economy of the country, according to a report.
Mangalore Refinery and Petrochemicals Ltd (MRPL) has plan to cut its annual import deal with Iran by 44 percent according to the latest report.
Japan's Nikkei share average is expected to test 9,800 for a fourth straight session on Monday as yen weakness against the dollar is likely to boost risk appetite, although some market players say technical indicators point to a correction.
Beijing to raise its military budget by 11.2 per cent for 2012, a move that will worry its neighbours Japan, India and other southeast Asian nations.
Nomura Holdings and billionaire investor George Soros have cut their stakes in Taishin Financial to about 1 percent each from about 3 percent last year, marking the latest exodus by foreign investors from Taiwan's over-banked market.
The week ahead will largely be defined by two major events. First, on Friday, the February U.S. nonfarm payrolls report will be released, providing important data about the economic recovery. Second, also on Friday, euro-zone finance ministers will hold a conference call to decide whether Greece can get its second, €130 billion ($175 billion) bailout.
Caterpillar Inc. (NYSE: CAT), the world's biggest heavy machinery maker, will pay about $447 million to Mitsubishi Heavy Industries Ltd. to gain sole control of their joint venture, Caterpillar Japan Ltd.
Toyota's February sales in China, where the auto maker aims to double business by 2015, went up 51.3 percent. Toyota is seeking to push its Chinese sales past 1 million units this year.
Japan is facing a demographic nightmare that portends a doomsday scenario for its future.
The Japanese government is set to take a majority stake in Tokyo Electric <9501.T> in return for injecting about 1 trillion yen ($12.4 billion) in public funds, the Asahi newspaper reported on Friday, in what would be a political victory for the trade minister in his battle to reform the once all-powerful utility.
