JAPAN

Second strike hits China Toyota supplier

IBTimes Logo
A parts supplier for Japan's Toyota Motor Corp. said on Friday it was dealing with its second strike in China this week, the latest in a rash of factory labor disputes across the country.

Sony CEO's $4.5 million pay stirs shareholders

IBTimes Logo
Sony Corp CEO Howard Stringer took home $4.5 million plus stock options in the past financial year -- when the electronics giant lost close to $450 million -- making him one of the highest paid executives at a Japanese company.
IBTimes Logo

Asian stocks set best week in 6 months

Asian stocks on Friday ended their best week in six months as investors regained an appetite for risk and brushed aside European debt concerns, while the euro hovered near three-week highs against the dollar.
More news
IBTimes Logo

Toyota to make Corollas in Mississippi in 2011

Toyota Motor Corp is resuming construction of a plant in Mississippi that was put on hold during the economic downturn, and plans to make its top-selling Corolla sedan there starting in autumn 2011.
IBTimes Logo

Fujitsu and Toshiba to merge mobile businesses

Japan's Fujitsu Ltd and Toshiba Corp unveiled plans on Thursday to merge their mobile phone businesses in October to create Japan's second-biggest cellphone maker in a rapidly shrinking market.
IBTimes Logo

Euro eases as stock rally runs out of steam

Asian shares fell and the euro slipped on Thursday as short covering rallies ran out of steam, but some analysts said global markets may have finally found support after a heavy selloff in May.
IBTimes Logo

France's Lagarde on stress tests, europe, deficits

I believe markets and investors in particular are uncertain and have doubts or questions about European banks and that has been a wave in the last 4-6 weeks. The sooner European banks can on a coordinated basis ... publish results -- and I'm talking results of stress tests -- the better.
IBTimes Logo

Fujitsu, Toshiba to unveil mobile merger

Japan's Fujitsu Ltd and Toshiba Corp have agreed to merge their mobile phone businesses as early as October, and they are expected to announce the deal on Thursday, the Nikkei business daily reported.
IBTimes Logo

Euro takes a break, Aussie firm but pauses

The euro steadied near a two-week high against the dollar on Wednesday, as investors in Asia hesitated to chase its short-covering rally further, while higher yielding currencies stalled after rallying alongside stocks.
IBTimes Logo

Game on: Nintendo, Sony, Microsoft wage war

Electronics hardware makers on Tuesday showed off snazzy new devices enabling motion-sensing play and 3D effects, intensifying a battle to introduce video-gaming to a new generation of casual users.
IBTimes Logo

Oil tops $77 and tracks rising equities

Oil rose above $77 on Wednesday to reach the highest level since mid-May, tracking a recovery in global stock markets as risk appetite returns with easing concern about Europe's economy.
IBTimes Logo

Sony jumps into motion games fray with Move

Sony Corp will launch its motion-controlled gaming system on September 15, getting to market weeks ahead of a rival platform from Microsoft Corp as it makes the jump into one of the hottest trends in gaming.
IBTimes Logo

Nintendo shows off 3D portable game device

Japan's Nintendo Co Ltd on Tuesday took the wraps off a new version of its DS handheld device that can play games and show movies in 3D without glasses, as the hardware wars with Microsoft Corp and Sony Corp heat up.
IBTimes Logo

Ninteno shows off 3D portable game device

Japan's Nintendo Co Ltd on Tuesday took the wraps off a new version of its DS handheld device that can play games and show movies in 3D without glasses, in an effort to revitalize demand.
IBTimes Logo

Foreigners net buyers of U.S. securities in April

Foreign investors reduced purchases of long-term U.S. securities in April but remained net buyers, while China raised its U.S. Treasury holdings for a second straight month, the Treasury Department said Tuesday.
IBTimes Logo

Asia rally stalls as Moody's downgrades Greece

Asia's stock market rally paused on Tuesday and the euro sputtered after five days of gains as it struggled to break through a resistance after a downgrade of Greece's credit rating reminded investors that Europe's debt crisis was not over.
IBTimes Logo

Asia shares slip as Moody's downgrades Greece

Asian stocks slipped on Tuesday, snapping a five-day winning streak, as worries about Europe's debt problems returned after Greece was downgraded to junk status, a move which also stymied the euro's rally.
IBTimes Logo

Asian shares slip as Moody's downgrades Greece

Asian stocks slipped on Tuesday, snapping a five-day winning streak, as worries about Europe's debt problems returned after Greece was downgraded to junk status, a move which also stymied the euro's rally.
IBTimes Logo

Spain sees credit squeeze but denies EU rescue bid

Spain said on Monday that foreign banks were refusing to lend to some of its banks in the latest twist to the euro zone debt crisis, but denied it was on the brink of seeking a Greek-style European financial rescue.
IBTimes Logo

Stock futures up as global equities extend rally

Stock index futures pointed to a higher open on Wall Street on Monday, adding to last week's gains and tracking gains in global equities, with futures for the S&P 500 up 0.6 percent, Dow Jones futures up 0.4 percent and Nasdaq 100 futures up 0.6 percent at 0821 GMT.
IBTimes Logo

Investors keep up rally from year low

World stocks headed for a fourth straight day of gains on Monday as investors banked on global economic recovery to trump concerns such as euro zone sovereign debt in providing a positive backdrop for corporate earnings.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.