Mobile phones have nudged away the wallets in UK to buy food, books and other stuff up to a value of £15 by pre-loading their cell phones with up to £100.
In a significant step taken by Japanese lawmakers, Japan has decided to join the child-custody agreement, the Wall Street Journal reported on Friday.
Panasonic Corp's president said on Friday that he sees the current financial year as an extremely tough one for the electronics giant, with the effects of the devastating March earthquake and tsunami continuing to hamper sales through September.
It's been more than two months since 8.9 magnitude earthquakes struck Japan and took a toll on Japanese people and crippled the economy. Various relief measures are underway at various stages to restore normalcy in the ravaged island nation with aid flowing in from various quarters and volunteers pledging their support to restore the lives.
The dollar looked set to post its first weekly loss in three weeks as investors increased bets on risky assets like equities on expectations the United States would take a long time to raise interest rates after weak economic data this week.
The dollar struggled to regain ground on Friday as tepid U.S. economic data prompted investors to favor higher yielding currencies like the euro while a sluggish Wall Street session weighed on stocks.
The Bank of Japan kept monetary policy steady on Friday in a sign that a first-quarter economic slump did not change the central bank's view that growth will pick up late this year when the wounds from the devastating earthquake begin to heal.
The dollar looked set to post its first weekly loss in three weeks as investors increased bets on risky assets like equities on expectations the United States would take a long time to raise interest rates after posting weak economic data.
Tokyo Electric Power Co will promote a company insider to be its next president when the stricken Japanese utility reveals a net loss of as much as $18 billion, media say, the biggest corporate loss in the country outside the financial sector.
Japanese automaker Honda Motor Co has adequate inventory of most models for the U.S. market but is running short of its high-volume compact Civic just as the summer sales season begins, the company told Honda and Acura dealers in a letter on Thursday.
One of the few workers to be tested for radioactivity after March's nuclear disaster in Japan is exhibiting over 10 times the accepted levels .
Tokyo Electric Power Co is likely to book about a 1 trillion yen ($12.3 billion) net loss for its fiscal year that ended in March due to losses from the accident at its Fukushima Daiichi nuclear plant.
U.S. May auto sales are off to a dismal start as lower sales incentives, thinner inventories and high gasoline prices are curbing consumer purchases, J.D. Power and Associates said on Thursday.
Amy Frykholm, religious scholar and author of Rapture Culture, profiles Harold Camping and explains his prophecy's popularity
Weak data on U.S. home sales and factory activity on Thursday showed the economy stuck in a slow-growth gear, although a drop in claims for jobless aid offered hope the labor market's recovery was on track.
Weak data on U.S. home sales and factory activity on Thursday showed the economy stuck in a slow-growth gear, although a drop in claims for jobless aid offered hope the labor market's recovery was on track.
New claims for unemployment benefits fell more than expected last week, but a rise in the four-week moving average to a six-month high indicated the labor market recovery will remain painfully slow.
Across the U.S. and in places around the world, signs and newspaper ads have been warning that judgment day is coming on May 21, 2011.
John Lipsky—Acting Managing Director, International Monetary Fund delivered the following speech at Annual Meeting of the Bretton Woods Committee on May 19, 2011.
The Japan National Tourist organization said Thursday that the number of foreigners visiting Japan has declined 62 percent in April, the largest decline on record.
The number of Americans filing new claims for jobless benefits fell last week, but other data on home sales and regional factory activity suggested the economy remained on a moderate growth path.
New claims for unemployment benefits fell more than expected last week, but a rise in the four-week moving average to a six-month high indicated the labor market recovery will remain painfully slow.
