A graduate of the prestigious University of Tokyo's economics department, Keishiro Kurabayashi could have joined a blue-chip firm and begun climbing the corporate ladder. Instead, he interned at DeNA, then a fledgling start-up and now a successful social networking and mobile gaming firm.
The bank of Japan (BoJ) upgraded its economic outlook, taking cues from a strong recovery in exports and industrial output, but refrained from making any change to the monetary policy.
The Bank of Japan raised its assessment of the economy on Tuesday to say it is gradually emerging from a slowdown, further signaling that no imminent monetary easing is on the horizon.
Chinese inflation data helped ease investor concerns on Tuesday that the world's No 2 economy will have to tighten monetary policy more aggressively, but other data releases kept markets in a tight range.
The growth outlook for major industrialised economies is picking up, although big differences in momentum remain between countries, the OECD's leading indicator for December showed on Monday.
Foster's Group , Australia's largest brewer, pushed ahead on Tuesday with plans to split its beer and wine businesses, but it risked dampening bidder appetite for either unit by also reporting soft first-half profits.
Asian stocks were broadly steady On Tuesday after traders took China's closely-watched inflation data in their stride, while the euro regained some ground after hitting a three-week low the previous day.
The Bank of Japan raised its assessment of the economy on Tuesday to say it is gradually emerging from a slowdown, further signaling that no imminent monetary easing is on the horizon.
Asian stocks rose slightly on Tuesday after China's closely-watched inflation data failed to surprise markets, while the euro regained some ground after hitting a three-week low the previous day.
Some banks' credit ratings will be cut as governments make it easier to wind up failing lenders and force debtholders to pay for rescues, rating agency Moody's said on Monday.
China is the top economy in the world, the majority of Americans believe, according to the latest Gallup Poll.
The global airline industry will also likely see 800-million more travelers by 2014, and more than a quarter of them will come from China.
Japan's economy shrank slightly in the final quarter of 2010 but analysts expect a recovery this year as stronger exports to China and other parts of fast-growing Asia offset persistently weak domestic demand.
Futures on major U.S. stock indices point to a mixed opening on Monday, after indices recorded a second straight week of gains on Friday.
Japan's gross domestic product (GDP) growth rate fell 1.1 percent in the fourth quarter of 2010 on annual basis, recording its first contraction in five quarters, the Cabinet Office said on Monday.
Wireless Linux group LiMo hopes to benefit from a tie-up between Microsoft and Nokia as this should push smaller phone makers to seek alternative software platforms, its head said on Monday.
Japan officially confirmed on Monday that it lost its rank as the world's second largest economy to China in 2010.
Asian stocks rallied on Monday, snapping five straight sessions of losses, as talk of slower-than-expected Chinese inflation helped drive Shanghai's main share index to its best level in seven weeks.
Japan's economy shrank slightly in the final quarter of 2010 but analysts expect a recovery this year as stronger exports to China and other parts of fast-growing Asia offset persistently weak domestic demand.
Asian stocks rose on Monday as investors greeted news of Egyptian President Hosni Mubarak's resignation with relief, while U.S. crude steadied near $85.50 per barrel after falling to 10-week lows as geopolitical tensions eased for now.
Sony Ericsson unveiled on Sunday its long-awaited PlayStation smartphone, taking video game console wars to cellphones.
Sony Ericsson unveiled on Sunday its long-awaited PlayStation smartphone, and said Verizon Wireless would sell the model in the United States.
