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Samsung set to top record Q1 as recovery builds

Samsung Electronics Co Ltd should beat its record first-quarter profit in the coming two periods as the world's largest semiconductor and flat-screen TV maker rides a broad global technology recovery.

Asian stocks rise, markets on yuan watch

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Asian stock markets rose to three-month highs on Tuesday, extending a two-week rally fueled by strong U.S. economic data and a seeming thaw in U.S.-China tensions over the yuan.
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Tax unit aimed at wealthy begins audits

Audits are underway at a new Internal Revenue Service unit set up to catch rich tax cheats hiding funds in tax shelters, but don't expect a flood of evaders to come to light any time soon.
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Japan car sales jump on stimulus, Hyundai soars

Japanese auto sales jumped by a quarter in March to cap a business year that relied heavily on government incentives, while South Korea's Hyundai Motor continued to rack up impressive sales growth, sending its shares to a record high.
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FOREX-Euro rallies vs U.S. dollar; yen falls broadly

NEW YORK, April 1 (Reuters) - The euro rallied against the dollar on Thursday, lifted by quarterly positioning and gains in the single currency against the Swiss franc as investors looked ahead to the U.S. non-farm payrolls report. Traders cited talk of intervention by the Swiss National Bank as lifting the euro against the franc, adding there was some SNB activity in the dollar/Swiss franc pair.
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Wall St set for higher open after jobless claims

Wall Street was poised for a higher open on Thursday as U.S. weekly jobless claims fell last week and upbeat data from China and Europe fueled optimism the global economy is on track for growth.
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Asian, European manufacturing picks up

Factories across Europe and Asia cranked up production in March, business surveys showed on Thursday, showing a strong recovery in fast-growing emerging markets taking root in the developed West.
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Dai-ichi Life gains on debut after $11 billion IPO

Dai-ichi Life Insurance rose 14 percent on its debut on Thursday after pricing its $11 billion IPO at a discount to rivals, but investors remain wary of its growth prospects outside a mature Japanese market.
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China factories crank up as demand rises

Factories in China and India cranked up production in March and Japanese business morale rose to its highest in more than a year on signs of improving global demand, boosting hopes for a sustainable economic recovery.
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Panasonic sees extra profit boost from Sanyo: report

Japan's Panasonic Corp's purchase of Sanyo Electric is set to boost profits more than expected as they now plan additional cost savings by merging their accounting systems and procuring materials together, the Nikkei business daily said.
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Asian stocks in solid Q2 start, technology leads

Asian stocks made a solid start to the second quarter on Thursday inching closer to two-month highs as China's manufacturing sector picked up and foreign buying boosted tech shares in Taiwan and South Korea.
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Forex - Treasury's Geithner says US economy slowly on mend

The U.S. economy is still in a tough spot but is gradually regaining its balance after a series of policy mistakes that made the country weaker and less secure, Treasury Secretary Timothy Geithner said on Wednesday. We are coming back, and we are coming back faster and stronger than most people predicted -- faster and stronger than Europe and Japan, Geithner said after meeting with steel executives and union leaders here.
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Asia shares dip, Nikkei hits 18-month high

Japanese shares rose to 18-month highs on Wednesday, continuing to eclipse their peers elsewhere in Asia, as a rebound in U.S. consumer confidence boosted investors' hopes that the global economic recovery will prove to be sustainable.
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Asia shares dip; Nikkei hits 18-month high

Japanese shares rose to 18-month highs on Wednesday, continuing to eclipse their peers elsewhere in Asia, as a rebound in U.S. consumer confidence boosted hopes that a global economic recovery will prove to be sustainable.
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Daily Forecast - 31/3/2010

The Australian dollar advanced again for the second day against the Greenback pushed on by gains in commodities.
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Nissan prices electric Leaf at big premium to Prius

Nissan Motor Co priced its battery-powered Leaf hatchback at more than twice the cost of a similarly sized gasoline car, counting on government subsidies to drive demand for the emissions-free vehicles.
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Coal fuels much of Internet cloud, says Greenpeace

The 'cloud' of data which is becoming the heart of the Internet is creating an all too real cloud of pollution as Facebook, Apple and others build data centers powered by coal, according to a new Greenpeace report.
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Japan plans targets to reduce debt level: media

The Japanese government will set incremental goals to reduce its heavy reliance on debt in its upcoming fiscal strategy, the Nikkei business daily said, but analysts doubted it would be enough to allay concerns about its massive borrowing.
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Toyota vows change as quality control panel meets

Toyota Motor Corp , reeling from a recall crisis, launched a task force on Tuesday aimed at regaining consumer trust and pledged to give more clout to its regional operations to speed up decisions on quality issues.

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