JAPAN

East Asia growth may need to slow: World Bank's Lin

IBTimes Logo
East Asia's economy may need to slow to address inflationary pressures but the region will likely continue to lead the globe in economic activity, World Bank Chief Economist Justin Yifu Lin said on Monday.

East Asia growth may need to slow: World Bank's Lin

IBTimes Logo
East Asia's economy may need to slow to address inflationary pressures but the region will likely continue to lead the globe in economic activity, World Bank Chief Economist Justin Yifu Lin said on Monday.
More news
New Zealand Earthquake

New Zealand quake city starts to bury dead, toll 148

New Zealand's earthquake-shattered city of Christchurch prepared to bury the first victim on Monday of last week's devastating tremor that killed at least 148 people as aftershocks forced the evacuation of scores of people in hillside suburbs.
IBTimes Logo

Shares dip as emerging Asia outflows may persist

Asian shares on Monday slipped back toward a three-month low hit last week, with emerging Asian equities seen likely to keep lagging developed markets as investors fret about risks from inflation.
IBTimes Logo

Mizuho to buy out units in $4 billion deal: source

Mizuho Financial Group is planning to buy out its brokerage and trust bank units, a source familiar with the matter said on Saturday, in a roughly $4 billion deal aimed at helping the lender grow beyond sluggish commercial banking business in Japan.
IBTimes Logo

Mizuho plans to buy out securities, trust units: source

Mizuho Financial Group is planning to buy out its brokerage and trust bank units, a source familiar with the matter said on Saturday, a deal that could be worth around $4 billion as the lender tries to grow beyond sluggish commercial banking business in Japan.
French Fashion house Givenchy turns gaze to Asia

French Fashion house Givenchy turns gaze to Asia

The French fashion house synonymous with Audrey Hepburn and Breakfast At Tiffany's is eyeing Asia as its next big growth market, spurred by the rapidly rising incomes of the region's nouveau riche.
IBTimes Logo

Game fans snap up Nintendo's 3DS at Japan launch

Game fans hit Japanese stores early on Saturday to be among the first to get their hands on Nintendo's new 3D-capable game player, but the gadget's sales may be squeezed in the longer term by competition from smartphones and tablets.
IBTimes Logo

Gold: The Once and Future Money

For most of the last three millennia, the world's commercial centers have used one or another variant of a gold standard. It should be one of the best understood of human institutions, but it's not. It's one of the worst understood, by both its advocates and detractors. Though it has been spurned by governments many times, this has never been due to a fault of gold to serve its duty, but because governments had other plans for their currencies beyond maintaining their stability. And so,...

Chinese investment in Japanese firms surges -WSJ

China's government investors more than doubled their investments in major Japanese blue-chip companies in 2010, the Wall Street Journal said, citing investment advisory firms and people familiar with the matter.
IBTimes Logo

Japan seeks to cut rare earth usage by a third

Japan aims to cut rare earth consumption by a third within a few years and reduce its reliance on China, by providing subsidies for recycling and investing in new ways to limit their use.

Japan to curb rare earth dependence on China

The Japanese government and private companies will spend $1.34 billion to curb Japan's dependence on rare-earth imports from China by a third, the Nikkei news report said Friday.
IBTimes Logo

Oil pulls back on Saudi reassurances, stocks rise

Oil hovered above $112 a barrel on Friday and Asian stocks broke a four-day losing streak as concerns eased that a recent surge in energy prices would hurt demand for riskier assets and threaten broader economic growth.
HK stocks seen rangebound despite earnings results

HK stocks seen rangebound despite earnings results

Hong Kong stocks may receive respite from good corporate results on Friday, but will remain under pressure and will likely trade in a narrow range, weighed down by concerns about volatile oil prices and ongoing turmoil in the Middle East.
IBTimes Logo

AIG profits on asset sales, life unit strong

Bailed-out insurer American International Group Inc earned $11.2 billion in the fourth quarter on asset sales, but charges to expand its reserves for old asbestos claims pushed its underlying operations into another loss.
Using the latest technology to save lives

New Zealand Quake Aftermath (PHOTOS)

International rescuers engaged in a wide-ranging search for earthquake survivors, just days after a strong 6.3 magnitude shock struck New Zealand's second largest city.

Apple iPad 2 to weigh heavily on Motorola Xoom in 2011

Motorola Xoom is making its debut today at Verizon Wireless stores. Many analysts hail the tablet to be first real competitor against Apple iPad. But iPad 2 unveiling which is expected to take place on March 2 can spoil Motorola Xoom dream debut if the analyst predictions come true.
Biogen Idec

Biogen Idec Stock Can Appreciate to Mid $70s: Analyst

Biogen Idec stock price can appreciate to the mid $70s based on five areas of potential upside, according to RBC Capital Markets. The brokerage upgraded its rating on shares of the biotechnology company to outperform from sector perform and increased its price target to $75 from $60.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.