JAPAN

Dreamliner: Boeing says Flaw could affect 55 Planes

Boeing 787 Dreamliners in Everett, Washington
About 55 Boeing Co. 787 Dreamliner jets may have a recently discovered flaw in the fuselage, the company said on Wednesday, while reiterating that the world's first carbon-plastic passenger plane is safe to fly.

Is Deflation a Real Threat?

Woman walks past stock quotation board outside brokerage in Tokyo
When it comes to the debate on whether the United States is experiencing inflation, it is typically not a yes or no interchange. If you have read the first two parts (Part 1, Part 2) of my series on inflation, you are well aware that I am on the side that inflation is already upon us. My counterparts, typically, will not only disagree, but will also bring up the issue of deflation.
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The alleged iPad 3's front glass panel

iPad 3 Release Date Rumors Update: Leaked 'Front Glass Panel' and Germany Launch

iPad 3, Apple's next generation tablet, is expected to debut on March 7 and hence, it's not surprising to find Apple watchers vie with one another in trying to be the first to come out with an authentic leaked photo, that would throw light on what the new tablet will boast of. One such site, Apple.pro, published a photo of an alleged component of iPad 3 though, unfortunately, it had very little new to reveal.
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Mazda eyes $2 billion share offering

Mazda Motor Corp <7261.T> is looking to raise up to $2 billion in a bigger-than-expected public share offering, a regulatory filing showed on Wednesday, which would cause a massive 69 percent dilution of its existing shares.
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Top Olympus lender denies board ambush, but may fill chair

Olympus Corp's main lender Sumitomo Mitsui Banking Corp denied it was trying to take control of the firm's board by stealth, but said it might well agree to send a former banker to be chairman of the disgraced camera and medical device maker.
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Cloud computing report slams Brazil, India, China

A U.S. software industry report on Wednesday chided Brazil, China and India for policies it said threatened the future of cloud computing, but also took aim at developed countries such as Germany that did well on its inaugural scorecard.
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Foreign investors fear Japan banks may hijack Olympus board

Western investors in Japan's disgraced Olympus have accused its banks of trying to take control of the boardroom by stealth, amid growing signs that the firm's major creditors are considering installing their own appointees in the top jobs.
Staff member is silhouetted on a projector screen displaying a logo of Olympus Corp before a news conference in Tokyo

Foreign Investors Fear Japan Banks May Hijack Olympus

Western investors in Japan's disgraced Olympus have accused its banks of trying to take control of the boardroom by stealth, amid growing signs that the firm's major creditors are considering installing their own appointees in the top jobs.
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Brain study finds what eases pain of financial loss

Financial market traders and keen gamblers take note. Scientists have found that a chemical in the region of the brain involved in sensory and reward systems is crucial to whether people simply brush off the pain of financial losses.
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Mazda to raise $2 bln in share issue, loans: sources

Japan's Mazda Motor Corp plans to raise $2.1 billion to shore up its finances and invest in a new plant in Mexico, financial sources said on Tuesday -- a bigger-than-expected dilutive fundraising that sent its shares tumbling 10 percent.
Asian Stock Market

Asian Stocks Unmoved by Greece's Bailout Deal

The euro jumped and U.S. Treasuries dipped on Tuesday after eurozone policymakers agreed to a second bailout package for Greece in talks that went deep into the night in Brussels, but concerns that the deal is only a short-term fix kept stocks subdued and Asian stocks unaffected.
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Stocks, euro ease as markets await Greek deal

Asian stocks and the euro faltered on Tuesday, as a rally that had been driven by expectations of a second bailout package for Greece ran out of steam with a deal still not quite sealed.
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Japanese firms seek Europe phone market share

Japanese companies Fujitsu and Panasonic plan to enter the European smartphone market as rivals Apple and Samsung have piled on the pressure in their previously isolated home market.

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