Sony Corp will launch a slimmer, cheaper version of its PlayStation 3 game console next month, hoping to jumpstart sales and win back market share from rivals Microsoft and Nintendo.
Sony Corp will launch a cheaper version of its PlayStation 3 game console and plans to cut prices on existing models effective August 19 in Europe and the United States to bolster sales and take aim at rivals Microsoft and Nintendo.
South Korea is counting down to its first space launch on Wednesday that will likely open the door to its nascent rocket program and rile neighbor North Korea, hit by U.N. sanctions after its own rocket launch in April.
The Bank of Japan will likely face political pressure regardless of whether the ruling coalition or the main opposition wins the upcoming election, with both parties seen leaning on monetary policy to support an economic recovery.
Japan looked headed for historic change as the official campaign kicked off on Tuesday for an August 30 election expected to end more than half a century rule by the conservative Liberal Democratic Party (LDP).
The main opposition Democratic Party of Japan (DPJ), which has vowed to pay more heed to consumers than firms and break bureaucrats' grip on policy, leads the ruling Liberal Democratic Party (LDP) in voter opinion polls ahead of an August 30 election.
Voters in Japan flocked to rallies on Tuesday as official campaigning began in an election that is expected to see Prime Minister Taro Aso's party ousted for only the second time in its 54-year history.
World stocks and commodity prices recovered on Tuesday from the previous session's sell-off, which was prompted by concerns over the pace of global recovery, while the Japanese yen and safe-haven U.S. government bonds eased.
Asian shares clawed their way back from early lows on Tuesday following wild swings in Shanghai, as investors worried whether more bouts of profit taking will spell the end of the bull market that emerged from the financial crisis.
Oil was steady above $67 a barrel on Tuesday, after falling the previous day to its lowest level in two weeks, amid persistent worries over the pace of the global economic rebound and revival in energy demand.
Asian stocks and the Australian dollar edged higher on Tuesday but shares in Shanghai were highly volatile, keeping nerves frayed about whether another bout of profit taking would hit global markets.
Asian stocks retreated on Tuesday, following Shanghai shares into the red and keeping nerves frayed about whether further profit taking will end the bull market that emerged from the financial crisis.
Britain's Academy of Contemporary Music is opening its first U.S. branch in Oklahoma City, with ambitious plans to enhance touring opportunities in the region, as well as educate students for a career in the music business.
Stocks suffered their worst loss in seven weeks on Monday as weak data from Japan and a disappointing outlook from retailer Lowe's Cos dampened hopes about the economy's growth.
More signs the U.S. economy was exiting its worst recession in 70 years emerged on Monday with reports showing confidence rising among homebuilders, factory activity perking up in New York state and credit card defaults slowing.
U.S. stocks suffered their worst loss in seven weeks on Monday as weak data from Japan and a disappointing outlook from retailer Lowe's Cos dampened hopes about the economy's growth.
Oil slipped 1 percent to below $67 a barrel on Monday as investors became more cautious about the pace of global economic recovery and a potential revival in energy demand.
Oil fell 2 percent toward $66 a barrel on Monday as investors became more cautious about the pace of global economic recovery and a potential revival in energy demand.
Stocks fell on Monday, putting major indexes on track for their worst day in seven weeks, as weak data from Japan and a disappointing outlook from retailer Lowe's Cos dampened hopes about the economy's growth.
Oil fell nearly $2 to below $66 a barrel on Monday as investors became more cautious about the pace of global economic recovery and a potential revival in energy demand.
The euro hit a two-week low against the dollar and neared a one-month trough against the yen on Monday as world stock markets fell and doubts about a U.S. recovery prompted investors to cut exposure to risk.
China reduced its holdings of U.S. Treasury debt in June by the biggest percentage in nearly nine years, according to Reuters historical data and a Treasury Department report issued on Monday.
