JAPAN

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Asian wealth slides, rich tiptoe back into markets

The number of high net-worth individuals in Asia Pacific slumped 14 percent in 2008 and they lost over a fifth of their wealth, leading to only cautious moves from cash back into stocks this year, Merrill Lynch and Capgemini said on Tuesday.

Asia stocks at 14-month high before earnings

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Asian stocks rose to a 14-month high and the U.S. dollar steadied on Tuesday, with some investors taking bets that third-quarter U.S. corporate earnings, expected to shrink for the ninth quarter, will be good enough to keep a rally going.
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Earnings optimism lifts stocks

European shares followed Wall Street higher on Monday on optimism about the third-quarter earnings season, while the dollar gained for the second session in a row.
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Dollar limps up, South Korea drags down Asia shares

The dollar edged further away from 14-month lows on Monday as investors trimmed bets against the beleaguered U.S. currency, while South Korean stocks dragged down other Asian markets on worries third-quarter earnings may not live up to expectations.
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US whiskey makers look abroad for spirited growth

The American whiskey market may be back on a roll. The industry which produces Jack Daniel's and Jim Beam is seeing sales flatten in its domestic market but overseas business is booming and driving overall growth.
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China urges neighbors, U.S. to talk to North Korea

North Korea wants to ease a standoff with the United States, Japan and South Korea, Chinese Premier Wen Jiabao told East Asian neighbors at a summit focused on Pyongyang's nuclear weapons and regional integration.
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South Korea, Japan press North Korea to return to talks

The leaders of South Korea and Japan called on Friday for a new approach to force North Korea to give up atomic arms as Pyongyang planned to send an envoy to the United States, a trip which could revive dormant nuclear talks.
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Tokyo Electron orders recover to year-ago level

Japan's Tokyo Electron Ltd said quarterly orders for its tools to make semiconductors and flat panel displays recovered to near year-earlier levels as logic and memory chip makers start investing.
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Asia shares hit 14-month high, ailing dollar rises

Asian shares hit a fresh 14-month high on Friday on optimism over U.S. earnings and the global economy, while the U.S. dollar got a reprieve after Federal Reserve Chairman Ben Bernanke indicated monetary policy would have to be tightened as a recovery takes hold.
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North Korea not near restoring nuclear plant: South

South Korea's foreign minister said on Thursday there were no signs that the North was in the final stages of restoring an aging nuclear plant, knocking down a report that operations could soon resume at the facility.
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Japan new PM seeks to build trust with Beijing, Seoul

Japan's new prime minister will seek to keep periodically fraught ties with China and South Korea on track at weekend summits, avoiding rows that could hurt economic links and pitching his idea of an East Asia regional grouping.
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Japanese wealthy eye overseas currencies, bonds

After retreating to the safety of yen deposits in the wake of the financial crisis, Japan's wealthy investors are slowly regaining their appetite for risk and are eyeing foreign currencies and bonds for higher returns.
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Asia shares rise, Aussie dollar surges on jobs data

Asian shares rose on Thursday as surprisingly strong Australian jobs data raised hopes for a stronger global economic recovery and pushed the Aussie and New Zealand currencies to fresh 14-month highs, while gold hit another record.
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Daimler says U.S. truck market has bottomed

The world's biggest truckmaker, Daimler AG , is seeing evidence the U.S. truck market has bottomed, but it remains cautious about the pace of any recovery, the head of Daimler's truck division said on Wednesday.
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Murdoch in Asia, checking out e-reader partners?

News Corp chief Rupert Murdoch has held talks with Japanese and South Korean firms, possibly sounding out potential partners to rival Amazon.com Inc's Kindle electronic reader, sources said on Wednesday.
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U.S. panel to hear hybrid patent case vs Toyota

A U.S. trade panel that hears patent disputes said it would investigate allegations that Toyota Motor Corp, the world's largest automaker, infringed patented technology to make its popular hybrid vehicles.

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