POSCO's <005490.KS> annual earnings may remain under pressure due to fragile demand and high raw materials costs after the world's No. 3 steelmaker missed expectations with a 36 percent fall in quarterly profit.
Korean electronics giant Samsung fired back at Apple's patent lawsuit, filing its own claim in South Korea, Germany and Japan.
Canon will likely report an 8 percent fall in first-quarter operating profit and lower its full-year forecast, reflecting the impact from Japan's devastating earthquake, the Nikkei newspaper reported on Friday.
POSCO's <005490.KS> earnings might remain under pressure due to fragile demand and a jump in coking coal and iron ore prices after the world's No. 3 steelmaker missed expectations with a 36 percent fall in quarterly profit.
Nissan Leaf he 100-percent electric, zero-emission was named 2011 World Car of the Year, edging out the BMW 5-Series and the Audi A8 for the top spot, the carmaker said in a statement.
POSCO <005490.KS>, the world's No. 3 steelmaker, reported a 36 percent fall in quarterly operating profit, missing forecasts, hit by high raw materials costs and low demand.
Samsung Electronics Co has filed patent lawsuits against Apple over the U.S. firm's iPhone and iPad in a tit-for-tat case after Apple claimed Samsung's smartphones and tablets slavishly copied its products.
A week after Apple filed a lawsuit against Samsung over patent infringements, the South Korean company reciprocated in kind by filing law suits against Apple in South Korea, Japan and Germany.
The dollar hovered around three-year lows on Friday and looked set to come under further pressure next week, while a stronger yen weighed on Tokyo stocks in holiday-thinned Good Friday trade.
Joining in the annual celebration of Earth Day 2011 and helping in the better understanding of the planet is NASA with its continuous stream of iconic images from 13 of its Earth-orbiting satellites.
Shares of TradeStation Group Inc. (NASDAQ: TRAD) touched a new 2-year high of $9.70 on Thursday. Japanese online brokerage Monex Group said Wednesday it agreed to acquire U.S. peer TradeStation for about $411 million to gain a foothold in the world's largest equities market.
After a mere 13 day delay, Japan re-opened schools in the tsunami-hit regions proving the country's resilience despite the widespread devastation caused by the 9.0-magnitude earthquake and an ensuing tsunami that hit the country's Pacific Coast on March 11.
The Japanese government on Friday approved a $48.5 billion emergency budget for disaster relief but refrained from raising fresh debt.
Samsung Electronics Co said on Friday it had filed patent lawsuits against Apple in South Korea, Japan and Germany, a week after the world's top technology company claimed Samsung's smartphones and tablets slavishly copied its products.
SanDisk Corp raised its 2011 margin outlook and dismissed worries that Japanese logistic snarls were squeezing the supply of vital components like silicon wafers.
Samsung Electronics Co said on Friday it had filed patent lawsuits against Apple in South Korea, Japan and Germany, a week after the world's top technology company claimed Samsung's smartphones and tablets slavishly copied its products.
US Treasuries are called the “risk-free assets” of the financial world. However, the moniker of “risk-free asset” may actually belong to another country.
The dollar remained weak and a strong yen depressed Tokyo stocks in thin Good Friday trading, with many major markets closed throughout Asia.
SanDisk Corp's 19 percent revenue rise surpassed expectations after strong smartphone and tablet demand propped up first-quarter chip prices, as it reaffirmed hopes for a strong 2011 despite supply-chain tangles from Japan.
The tragic 2011 T?hoku earthquake and tsunami is the worst natural disaster to hit Japan in the last half century. The confirmed death toll now total 14,133 while the number of missing total 13,346. The final death toll, therefore, is probably north of 25,000.
Morgan Stanley's first-quarter profit fell nearly 50 percent, but the results were better than many analysts had forecast thanks to stronger-than-expected fixed-income trading revenue.
Factory activity in Middle Atlantic states braked sharply in April and the number of Americans claiming new jobless benefits fell less than expected, implying the economy was struggling to regain momentum.
