JAPAN

McDonald's warns of higher food inflation

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McDonald's Corp forecast higher prices for beef, dairy and other items and said it would cautiously raise prices to keep attracting diners, who are grappling with higher grocery and gas bills.

Google unit to buy more wind power from NextEra

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NextEra Energy Inc said its unit will sell 100.8 megawatts of wind energy to Google Inc's energy subsidiary, the companies' second such agreement that could help the Internet search giant power its data centers using renewable sources of energy.
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Morgan Stanley, MUFG JV to book $1.7 billion loss

A Morgan Stanley securities joint venture in Japan with Mitsubishi UFJ Financial Group <8306.T> said it will lose nearly $2 billion after its fixed income traders took market positions which were larger than its financial fitness and then made wrong bets.
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Sharp says to make smartphone panels at TV panel plant

Japan's Sharp Corp said on Thursday it would start production of small display panels for use in smartphones at an existing TV panel plant this year, but declined to comment on prospects for an additional line at a disused factory.
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OECD slashes Japan GDP forecast on quake

Japan's economy will slow significantly this year after last month's devastating earthquake and tsunami, with the government needing to cut spending from other programs to rebuild the country's battered northeast coast and to ensure faster growth next year, the OECD said on Thursday.
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Dollar hits 3-year low; gold and Asian stocks march on

The U.S. dollar slid to a three-year low against a basket of major currencies on Thursday, a move which could see it test record lows, while Asian stocks jumped as investors scrambled for higher-yielding assets, particularly in emerging markets.
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Dollar hits 3-yr low; gold, Asian stocks march on

The U.S. dollar slid to a 3-year low against a basket of major currencies and Asian stocks jumped to a 3-year high on Thursday, as investors scrambled to get in front of upward momentum in higher-yielding assets, particularly in emerging markets.
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Qualcomm beats Street, raises 2011 targets

Wireless chip maker Qualcomm Inc posted better than expected quarterly results and raised its full-year financial targets on improving demand for advanced phones, sending its shares up almost 5 percent.
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Dollar at 2-1/2-year low, gold near record high

The U.S. dollar slid to a 2-1/2-year low against a basket of major currencies and Asian stocks were poised to hit a 3-year high on Thursday, as investors scrambled to get in front of upward momentum in higher-yielding assets, particularly in emerging markets.
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Western Digital Q3 profit falls, sees weak Q4

Western Digital Corp posted lower third-quarter results as higher sales of tablet devices led to lower demand for its hard disk drive from PC makers, and forecast fourth-quarter adjusted profit below Wall Street view.
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Nissan: U.S. market share may fall due to parts

There is a risk that Nissan Motor Co's <7201.T> U.S. market share, which has been on the rise, may fall due to a lack of auto parts from Japan, North American Chairman Carlos Tavares said on Wednesday.
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Smartphone strategy, Japan in focus in Nokia Q1

Nokia investors concerned about dwindling market share are anxious for better news on the tie-up with Microsoft and details of cost cuts when the handset maker posts quarterly figures on Thursday.
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Qualcomm beats Street and raises 2011 targets

Wireless chip maker Qualcomm Inc posted better than expected quarterly results and raised its full-year financial targets on improving demand for advanced phones, sending its shares up almost 5 percent.
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Japan may cloud another stellar Apple quarter

Apple Inc is expected to report another spectacular quarter on Wednesday, tempered by growing caution over how supply constraints will squeeze margins and restrain iPhone and iPad sales.

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