Asian stocks rose on Friday after a slew of Chinese data showed the world's third-largest economy is on a brisk recovery path, while gold prices rose as the dollar steadied.
A consortium including Google and KDDI Corp has signed a deal on Thursday to build and operate an international undersea cable system, estimated to cost $400 million.
The U.S. envoy for North Korea failed to secure a firm commitment from the isolated state to resume nuclear disarmament negotiations but said on Thursday he had won assurance that it supported the languishing deal.
Tata Motors plans to acquire Japan's Sumitomo Corp's 53.5 percent stake in truck and bus maker Swaraj Mazda in a deal worth up to $54 million to boost its commercial vehicles business, the Economic Times reported on Thursday.
Japan's Panasonic Corp said on Thursday it acquired 50.2 percent of Sanyo Electric Co Ltd, the world's largest rechargeable battery maker, completing a long-delayed 403.8 billion yen ($4.6 billion) deal.
Japan's Panasonic Corp said it acquired 50.2 percent of Sanyo Electric Co Ltd , the world's largest rechargeable battery maker, for 403.8 billion yen ($4.6 billion), as shares of Sanyo jumped the most in six months on the completion of the deal.
Japan's Panasonic Corp , which closed its tender offer for Sanyo Electric Co Ltd on Wednesday, said it has acquired 50.19 percent of the world's largest rechargeable battery maker in a deal worth 403.8 billion yen ($4.6 billion).
Government bonds in Australia and South Korea fell on Thursday as investors pushed forward expectations for interest rate rises in 2010 because of bullish growth views, while Asian stocks slid on year-end profit taking.
The Australian dollar surged on Thursday after November jobs growth blew away expectations, while Asian stocks posted small gains ahead of a slew of Chinese economic data on Friday expected to reflect robust growth.
Shares in India's largest vehicle maker, Tata Motors Ltd, have more than quadrupled this year riding a pick-up in sales on the back of a recovering economy.
With the emerging Asian economies rebounding from the global economic downturn faster than the G-7 economies, the Asia-Pacific region is the leading driver of global economic recovery and higher oil demand. Although the emerging Asian economies were generally less exposed to financial risks and credit default arrangements than the U.S. and European economies, many of them have taken strong stimulus measures throughout 2009 that are expected to boost domestic demand, financial credit, and greater...
Germany's Volkswagen AG will buy a one-fifth stake in Suzuki Motor Corp for $2.5 billion, tapping the Japanese firm's expertise in small cars and dominance in India as VW seeks to become the No.1 automaker.
Germany's Volkswagen AG will buy a one-fifth stake in Suzuki Motor Corp for $2.5 billion, tapping the Japanese firm's expertise in small cars and dominance in India as VW seeks to become the No.1 automaker.
ExxonMobil Corp has awarded contracts for parts of a liquefied natural gas (LNG) project in Papua New Guinea to Japan's Chiyoda Corp and JGC Corp, Exxon said in a statement on Wednesday.
As soothsayers and strategists gaze into 2010, one statistic on the retiring baby-boom generation makes anxious reading for stock market bulls.
Japan's economy grew at a far slower pace in the third quarter than first thought as capital spending fell, but a double-dip recession is seen as unlikely as exports rebound and corporate spending shows signs of bottoming out.
Global equities slipped on Wednesday with Japan leading the falls on concerns over the pace of recovery, while crude oil prices recovered and the euro picked up from a one-month low on bargain hunting.
Japan led a slide in Asian stock markets on Wednesday as worries about the strength of a global recovery prompted investors to trim some bets ahead of the year end, while the euro picked up from a one-month low on bargain hunting.
Asian stocks slid and government bonds mostly rose on Wednesday after U.S. corporate news increased worries on export demand and debt rating downgrades sent investors seeking safety ahead of the year end.
Japan's Chiyoda Corp and JGC Corp have received an order to build production equipment for the Papua New Guinea Liquefied Natural Gas Project, the Nikkei buisness daily reported on Wednesday.
Volkswagen AG is close to announcing plans to take a stake of up to 20 percent in Japan's Suzuki Motor Corp, three sources with direct knowledge of the negotiations said on Tuesday.
Auto sales in Vietnam in November leapt 132 percent from a year earlier to 12,259 units after a jump of 103 percent in October, an industry report said on Tuesday.
