Asian stocks sagged on Friday as worries U.S. growth data may surprise on the downside and downbeat comments from a Federal Reserve official gave investors reason to book profits from a steady rally this month.
Federal Reserve officials clashed on Thursday over whether the central bank should be more aggressive in supporting the stumbling economy and one said the Fed's current policy may be contributing to worryingly low levels of inflation.
U.S. stocks sagged in volatile trading on Thursday after weak outlooks from technology companies and downbeat comments from a Federal Reserve official gave investors little reason to buy.
Sony Corp lifted its annual outlook and returned to profitability in the first quarter on booming demand for its Bravia flat TVs and PlayStation 3 game consoles.
Japan's Toyota Motor Corp said on Thursday it would recall 412,000 high-end passenger cars in the United States to fix steering problems.
Japan's Panasonic Corp said it would buy out subsidiaries Sanyo Electric and Panasonic Electric Works for up to $9.4 billion in cash and shares to accelerate its push into greener businesses.
Robots that can chat, find misplaced glasses, draw airplanes and play with your children are attracting thousands of visitors during an expo in Tokyo as Japan adapts to changes in society.
Sony Corp lifted its annual outlook and returned to profitability in the first quarter on booming demand for its Bravia flat TVs and PlayStation 3 game consoles.
Sony Corp lifted its annual outlook and returned to profitability in the first quarter on booming demand for its Bravia flat TVs and PlayStation 3 game consoles.
Wall Street futures pointed to a firmer start for equities, after gains in Europe. The Dow closed lower in the previous session on weak durable goods data and a downbeat assessment of the economy from the Fed's Beige Book.
Wall St futures pointed to a firmer start for equities, after gains in Europe. The Dow closed lower in the previous session on weak durable goods data and a downbeat assessment of the economy from the Fed's Beige Book.
Japan's Panasonic Corp plans to buy out subsidiaries Sanyo Electric and Panasonic Electric Works for up to 818.4 billion yen ($9.4 billion) to strengthen its push into greener businesses.
Nissan Motor Co and Hyundai Motor Co's forecast-beating quarterly profits may prove tough to match in the second half as robust sales in China and elsewhere start to slow.
Nissan Motor Co reported its strongest quarterly operating profit in more than two years as sales surged in China and other major markets, but it left its cautious guidance unchanged amid an increasingly murky outlook for demand.
Japanese chipmakers Toshiba , Renesas Electronics and Elpida Memory reported improved quarterly earnings as robust global sales of smartphones and other consumer electronics boosted chip demand.
Japan's Panasonic Corp plans to buy the shares it does not own in Sanyo Electric and another unit, four sources said, in a deal that could top $10 billion and strengthen its push into greener businesses.
Asian stocks edged back up toward a three-month high and the dollar eased toward three-month lows on Thursday, hit by soft U.S. data that highlighted the patchy nature of the U.S. economic recovery.
Asian stocks edged down from a three-month high and the dollar eased toward three-month lows on Thursday, hit by soft U.S. data that underlined the patchy nature of the U.S. economic recovery.
Boeing Co reported a higher-than-expected quarterly net profit on Wednesday as the commercial airplane market recovers from a downturn, but its shares slipped 2 percent as revenue fell short of estimates.
Boeing Co reported a higher-than-expected quarterly net profit on Wednesday as the commercial airplane market recovers from a downturn, but the results were down from a year earlier on fewer airplane deliveries.
The euro struck a two-month high against the yen and stayed within reach of an 11-week high against the dollar on Wednesday, underpinned by robust European bank earnings and solid economic data.
But analysts said the durability of any recovery in Europe was questionable.
World stocks rose for the fifth day running on Wednesday as solid corporate earnings combined with easing fears about financial stability to boost investors appetite for riskier assets.
