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Asian markets steady amid euro zone debt woes

Asian stocks held steady on Tuesday but may resume declines after the prior session's sell-off as fears about the euro zone's worsening debt problems and volatile commodity prices kept investors on edge.

Toshiba to spend $8.6 billion on green energy: report

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Toshiba Corp will invest 700 billion yen ($8.6 billion) in the environment and energy sectors over the next three years, as the Fukushima atomic crisis casts a shadow over the prospects for the firm's nuclear power business, a report said on Tuesday.

Harold Camping not quite ready to admit his mistake or apologize

The Doomsday prophet Harold Camping, who is the head of the Oakland, Calif. Based Family Radio, is not quite ready to admit his mistake or apologize to the people whose lives have been affected by his prediction, although his prediction on Rapture and earthquakes was proven to be a complete fraud on May 21, 2011.
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EXCLUSIVE: Harold Camping says “I’ve got to live with it” (VIDEO)

Harold Camping who predicted that on May 21, 2011, about 200 million people will Rapture and those left behind will die when the world gets completely destroyed on October 21, 2011, has told International Business Times (IBTimes) that “(He has) got to live with it (the fact that his prediction has failed)”.
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Mizuho head to step down after massive system troubles

Mizuho Financial Group's <8411.T> president will step down and its corporate banking chief will take the helm, Japan's second-largest bank said on Monday, as it grapples with persistent system troubles including a breakdown in ATMs after the devastating March earthquake.

Sony Cuts FY Outlook, Now Sees $3.18 Bln Loss

Sony cut its outlook for fiscal year ended March 31 and now expects a loss of $3.18 billion for the period as it took a hefty charge over impact of Japanese earthquake on its operations.
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Sony estimates FY 2010/11 net loss, revises from profit

Sony on Monday changed its earnings estimate for the year to March 2011 to a net loss of 260 billion yen ($3.2 billion) from a profit of 70 billion, in the company's first indication of the financial impact of the devastating March earthquake and tsunami.
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Toyota cars to be driver's friend in social network service

Toyota Motor Corp and cloud computing company Salesforce.com Inc will build a social network service that will enable owners to become friends with their cars and get friendly, tweet-like reminders for maintenance checks and other notices.
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Moody's warns Japan recession is negative for rating

Japan's return to recession and a bigger-than-expected slump in first-quarter economic growth are negative for its credit rating, Moody's Investors Service said, warning that a delay in recovery could warrant additional fiscal and monetary stimulus.
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Moody's: big Japan Q1 GDP contraction is credit

Japan's return to recession and a bigger-than-expected slump in first-quarter economic growth are negative for its credit rating, Moody's Investors Service said, warning that a delay in recovery could warrant additional fiscal and monetary stimulus.
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Debt worries hits euro and stocks; government debt, gold up

Renewed worries in the euro-zone over the weekend pulled the euro down to a record low against the Swiss franc, weakened risky assets such as Asian stocks and boosted safe haven investments like U.S. government debt and gold on Monday.

Harold Camping will make public statement on Monday (PHOTOS)

Family Radio president Harold Camping, whose May 21, 2011 Doomsday prediction failed, has told International Business Times (IBTimes) on Sunday , May 22, 2011 that he is as shocked as anybody else that his prediction has failed and needed some time to think and recover before giving a public statement.

BREAKING NEWS: Harold Camping will give public statement tomorrow

False Doomsday prophet Harold Camping has told the International Business Times (IBTimes) that he would be making a public statement on or by tomorrow night in a “public forum” explaining why he had predicted May 21, 2011 as the Judgment Day and why it had failed.

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