JAPAN

Asian stocks fall as sovereign debt risks pile up

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Asian stocks slid on Tuesday, falling further from a three-year high hit last week as investors took profits on risks of a Greek debt restructuring in Europe and the long-term threat of a U.S. government debt downgrade.

Sony Ericsson in profit after Japan supply drag

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Booming smartphone demand and cost cuts kept cellphone venture Sony Ericsson in the black in the first quarter, despite the drag of supply disruption from Japan's earthquake and tsunami.
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Stock index futures signal dip; TI eyed

Stock index futures pointed to a slightly lower open on Wall Street on Tuesday, with futures for the S&P 500 down 0.1 percent, Dow Jones futures down 0.1 percent and Nasdaq 100 futures down 0.1 percent at 0733 GMT.
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Japan ministers confident in Treasuries after S&P move

Japanese cabinet ministers on Tuesday moved to shore up confidence in U.S. debt after Standard & Poor's threatened to lower its credit rating on the world's largest economy due to a bulging budget deficit, touching a nerve with one of the largest holders of Treasuries.
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Japan hit eyed in Sony Ericsson earnings report

Cellphone venture Sony Ericsson is expected to shed light on the magnitude of the hit from Japan's earthquake on the cellphone industry when it unveils its January-March earnings on Tuesday.
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Texas Instruments misses forecasts, blames Japan

Chip maker Texas Instruments Inc warned of slower-than-usual quarterly sales growth as it scrambles to restart production after Japan's massive earthquake, and said it was unclear when the supply of the silicon and wafers it needs will return to normal.
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TI misses Street targets and warns on Japan

Texas Instruments Inc warned of slower-than-typical quarterly sales growth as it scrambles to restart production after Japan's massive earthquake, and said it was unclear when the supply of the silicon and wafers it needs will return to normal.

Japan Earthquake Tsunami Pictures 2011 [40 PHOTOS]

Japan's Earthquake in 2011 was the most devastating natural disaster to hit Japan after WWII. The 9.0-magnitude earthquake struck on Friday, March 11 2011 off the coast of T?hoku, which is located in the northern part of the country.
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Philips CEO turns off TV in search of profit

Philips is hiving off its once leading television business, the first step by new chief executive Frans van Houten to boost flagging profit at Europe's biggest consumer electronics maker.
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LG Display flags sector recovery on steadier prices

LG Display, the world's No.2 flat-screen maker, is starting to see signs of recovery in depressed TV panel prices as it forecast a return to profitability in the current quarter after reporting its second consecutive quarterly loss.
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Stock futures lower on earnings worry

U.S. stock index futures fell on Monday before a raft of corporate earnings, including Citigroup, as investors weigh whether corporate results and outlooks will be hurt by rising commodity costs.
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Japan's TEPCO: no decision yet on sale of KDDI shares

Troubled Tokyo Electric Power Co. <9501.T> said on Monday it is mulling the sale of stock holdings and real estate, but said it has not decided whether to offload its shares in Japan's No. 2 mobile phone network KDDI Corp <9433.T>
 Fukushima Daiichi Nuclear Power Plant

TEPCO says radiation level will be brought down in three months

Tokyo Electric Power Co. (TEPCO), which operates Japan's damaged nuclear plant at Fukushima, said on Sunday that radiation level at the plant will be brought down to a downward trend within three months. The following is the latest update from TEPCO about the status of the Fukushima-Daiichi nuclear plant:
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Tokyo Electric to sell KDDI shares for nuclear

Tokyo Electric Power Co. <9501.T> plans to sell its shares in KDDI Corp <9433.T> to help pay for compensation costs stemming from the disaster at its Fukushima Daiichi nuclear power plant, a newspaper reported on Sunday.

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