JAPAN

Visitors are silhouetted against a Logo of the Honda Motor at the company showroom in Tokyo

Honda Withdraws Annual Guidance; Q2 Profit Tanks

Honda Motor Co withdrew its annual earnings guidance in an unusual move on Monday due to uncertainties including currency markets and Thailand's floods just as it was starting to recover from the March earthquake and tsunami.

Toshiba ekes Q2 profit growth, keeps forecast

IBTimes Logo
Toshiba Corp, Japan's biggest chip maker, eked out a rise in quarterly operating profit on solid demand for its mainstay NAND flash memory chips and kept its earnings outlook unchanged.

BSE Sensex Falls 0.4 pct, Maruti Slips

India's Finance Minister Pranab Mukherjee presents the annual budget, telecast on a large display screen on the facade of the Bombay Stock Exchange (BSE) building, in Mumbai July 6, 2009
The BSE Sensex fell 0.4 percent on Monday as investors turned cautious after four straight sessions of gains, amid weak sentiment in Asian markets, with automakers among the key losers after Maruti Suzuki posted a sharp fall in quarterly profit.
IBTimes Logo

Nikkei Drops After Surge on Yen Intervention

The Nikkei average edged lower, giving up sharp morning gains made after Japanese authorities intervened to curb persistent yen strength as investors locked in profits on concerns the yen won't stay down for long.
More news
Visitors try Sony Corp.'s head-mounted display personal 3D Viewer, HMZ-T1, and the digital binocular DEV-3 at CEATEC JAPAN 2011 electronics show in Chiba.

Sony Considers Pulling out of LCD JV with Samsung: Sources

Japan's Sony Corp., struggling with a loss-making television business, is considering dissolving its liquid-crystal-display joint venture with South Korea's Samsung Electronics in a bid to cut costs, sources familiar with the matter said Sunday.
IBTimes Logo

Sony to pull out of LCD JV with Samsung: report

Sony Corp, struggling with a loss-making television business, is in negotiations to pull out of its LCD joint venture with South Korea's Samsung Electronics in a bid to cut costs, the Nikkei business daily reported on Sunday.
Sebastian Vettel

Sebastian Vettel Takes Record Pole for Red Bull

Red Bull set a Formula One record of 16 pole positions in a season when double world champion Sebastian Vettel lapped fastest in qualifying for the inaugural Indian Grand Prix on Saturday.
IBTimes Logo

Maruti in Trouble: 60 Percent Fall in Q2 Profit

Maruti Suzuki, India's top automobile manufacturer, posted a larger-than-expected 60 percent fall in its quarterly profit. The company has been hit by labour unrest, rising interest rates and vehicle costs that has hurt demand in Asia's third-largest economy.
Ukrainian actress Olga Kurylenko arrives for the GQ Men of the Year 2010 Awards at the Royal Opera House in London

Chernobyl Film Hits Home in Post-Fukushima Japan

The film Land of Oblivion may revolve around victims of the Chernobyl disaster a quarter of a century ago, but Japanese audiences will see striking parallels with current-day headlines following the Fukushima nuclear crisis.
Apple sales in the Asia-Pacific region jumped 174% from a year ago.

Apple Sales Surge 174% in Asia-Pacific

Apple sales in China and Japan reached $14.3 billion in 2011, an increase of 174 percent from a year ago. The region accounts for nearly a quarter of revenue.
IBTimes Logo

Euro zone rates on hold as guard changes

Euro zone interest rates will very likely remain on hold next week as the European Central Bank navigates the transition to new leadership, with an anti-crisis plan forged by EU leaders taking some heat off monetary policymakers.
Screen too small

Can Samsung Galaxy Nexus Bring Down Apple iPhone 4S?

Google Inc. and Samsung unveiled the Galaxy Nexus phone running on Ice Cream Sandwich, the newest version of Android, at an event in Hong Kong on Oct. 18. The Galaxy Nexus, which will hit the stores in November, is expected to give stiff competition to Apple Inc.'s iPhone 4S.
IBTimes Logo

Asian Stocks, European Futures Continue Surge

Asian stocks headed for their best week in nearly three years after a long-awaited plan to resolve the European debt crisis sparked a huge relief rally in riskier assets, while the euro took a breather after jumping to a seven-week high.
IBTimes Logo

Japanese Factory Output Posts First Post-Quake Slump

Japanese factory output fell in September for the first time since the devastating March earthquake, a sign the economy's recovery from the disaster is tailing off in the face of slowing global growth, the strong yen and Europe's lingering debt woes.
IBTimes Logo

Japan factory output posts first post-quake slump

Japanese factory output fell in September for the first time since the devastating March earthquake, a sign the economy's recovery from the disaster is tailing off in the face of slowing global growth, the strong yen and Europe's lingering debt woes.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.