Nissan Motor Co Ltd will keep the price of its upcoming battery-powered Leaf competitive with similar-sized cars and expects to make money on the vehicle despite the cost of its launch, Chief Executive Carlos Ghosn on Friday.
Megabank Mitsubishi UFJ Financial Group Inc plans to boost its capital by about 1 trillion yen ($11 billion) through public offerings of common shares by the end of the year, the Nikkei business daily said.
North Korea's military warned the South that it was ready for battle over a disputed sea border, issuing a new threat on Friday that raised tension as U.S. President Barack Obama started a major tour of Asia.
Hyundai Motor has left rivals in the dust with a stunning run this year, and Japanese automakers have even more to worry about now as the yen climbs and South Korea seals more trade pacts to benefit its exporters.
President Barack Obama said on Friday he would make a decision soon on his Afghanistan strategy and the plan would make clear the goal is for Afghans to provide for their own security.
Japan may freeze spending on supercomputers, dealing a blow to a crippled sector and threatening brain drain in a country that prides itself on technological prowess.
U.S. President Barack Obama and Japan's new prime minister, Yukio Hatoyama, pledged on Friday to revitalize their strained security alliance as they adapt to a rising China, set to overtake Japan as the world's No.2 economy.
The United States and Japan said they had agreed at a summit on Friday to expand cooperation in clean energy technologies in an effort to tackle climate change.
U.S. President Barack Obama headed into talks with Japanese Prime Minister Yukio Hatoyama on Friday in which he will likely try to smooth strained ties as the allies adjust to a rising China.
The U.S. dollar eased on Friday after overnight gains and ahead of euro zone growth data, boosting metal and crude prices, while world stocks drifted higher. The dollar rose overnight against a basket of currencies but succumbed to another sporadic bout of profit-taking, and traders said the currency's broad weakness was likely to continue over the longer term.
A rare rally in the U.S. dollar was the focus in Asia on Friday as investors wondered if President Barack Obama's nine-day visit to the region would generate pressure on some countries to let their currencies rise.
U.S. private equity firm Bain Capital is finalizing a roughly 100 billion yen ($1.1 billion) deal to buy Japanese telemarketer Bellsystem24 from Citigroup Inc , three sources familiar with the matter said.
Michael Jackson's concert movie This Is It has taken more than $200 million at box offices worldwide in the first two weeks of release, the studio behind the movie said on Thursday.
Foreign central banks' holdings of U.S. Treasuries fell and agency debt holdings at the Federal Reserve rose in the latest week, data from the U.S. central bank showed on Thursday.
The Australian Dollar opens lower against the greenback today at 0.9215 after giving back all of yesterday's gains, and then some, as risk aversion swept offshore markets overnight. During yesterday's domestic session, local unemployment data came in better than expected. Whilst the jobless rate rose to 5.8 per cent, 24,500 positions were added in the month of October. A second consecutive monthly rise in employment may lead to another 25 basis point rate hike by the RBA in December.
For women in Tanzania's humid Dar es Salaam port city, the kanga is must-have material, functioning as an everyday wraparound dress, bath towel, shawl and, when ragged, dish cloth and mop too.
President Barack Obama said on Thursday he planned to discuss a strategy with Asia Pacific leaders calling on their countries to import more U.S. goods and the world to rely less on exporting to the United States.
Leonora Walet, Asia Green Investment Correspondent
Intel Corp will pay rival chipmaker Advanced Micro Devices Inc $1.25 billion to settle all outstanding legal disputes, in a move that could weaken antitrust authorities' cases against Intel.
Apple is expanding its retail business in New York by opening up a new store in the city's Upper West side this Saturday, Nov. 14.
U.S. President Barack Obama said on Thursday he would host a December conference to brainstorm how to beat back double-digit unemployment, and repeated a pledge to fight for U.S. exports as he toured Asia next week.
President Barack Obama left for Asia on Thursday with the U.S. economy, jobs and a yawning trade deficit with China looming large on his agenda.
