Mitsubishi Motors Corp is expected to report a group operating loss of around 20 billion yen for the April-June quarter, marking a second straight quarterly loss, the Nikkei business daily said.
Qu Jianguo, unable to borrow from banks to fund his small water treatment business, is hoping a Nasdaq-style second board in China, due for launch this fall, will help fill a hole in his country's financial system.
Japan has sent a letter of concern to the United States on a bill recently passed in the U.S. House of Representatives, which contains a provision similar to
China could take a stake in a $3.3 billion port and rail infrastructure project in Western Australia's Mid-West iron ore belt, one of the firms involved in the project said on Friday.
Japanese elections are getting a new look as candidates turn to consultants for help with slogans and a warmer personal style to win over increasingly influential floating voters ahead of an August national election.
Japan's opposition Democratic Party lashed out Friday at what it charged was a misleading negative campaign by the ruling party ahead of an election that Prime Minister Taro Aso's coalition is in danger of losing.
Asian stocks hit a fresh 10-month peak on Friday, with Hong Kong vaulting back to levels last seen before the collapse of Lehman Brothers as investors rushed into equities following upbeat corporate earnings around the world.
Asian stocks hit a 10-month peak on Friday, with Hong Kong vaulting back to levels last seen before the collapse of Lehman Brothers as investors rushed into equities following upbeat corporate earnings around the world.
Sony Corp will likely invest more than 100 billion yen ($1.1 billion) in a planned liquid crystal display TV panel venture with Sharp Corp, the Nikkei business daily reported on Friday.
Emerging nations deserve more weight in global financial institutions for the world to climb out of its current crisis, Chinese Foreign Minister Yang Jiechi said during the annual ASEAN summit in Thailand, with the presence of United States and Japan.
Sony Corp will likely invest more than 100 billion yen ($1.05 billion) in a liquid crystal display TV panel joint venture to be formed with Sharp Corp, the Nikkei business daily reported on Friday.
Japanese electronics makers Sharp Corp and Sony Corp will likely finalize a deal by July-end to form a television LCD panel joint venture in Sakai, Mie Prefecture, the Nikkei business daily said without citing sources.
Better-than-expected company results, improving French business confidence and a pick-up in UK retail sales offered some evidence on Thursday that stimulus spending was helping to ease the global economic downturn.
Hyundai Motor Co is likely to struggle to replicate its record quarterly profit as the benefits from a weaker won and government stimulus fade but the popularity of its small, cheap vehicles will help it gain share in a weak global market.
The U.S. consumer will not drive a global economic recovery and the United States is still at risk from high unemployment and souring commercial real estate loans, said Federal Reserve Chairman Ben Bernanke on Wednesday.
Asian stocks climbed to a 10-month high on Thursday led by energy shares, though some investors wondered if upward momentum from corporate earnings reports justified increasingly pricey valuations.
The Chinese government started a pilot program to provide technological support, subsidies and market pull to solar-power projects, aiming to boost the solar industry as a new growth point for the country's economy, state news agency Xinhua reported on Tuesday.
Japan hinted on Wednesday it might do more to ease credit and Britain awaits more data before doing the same, while disappointing earnings from Morgan Stanley and Wells Fargo tempered optimism Wall Street can extend its recent rally.
Japan's biggest mobile phone operator NTT DoCoMo Inc's group operating profit likely fell 16 percent to about 250 billion yen ($2.68 billion) in the April-June quarter as the year-earlier boost from reduced sales costs wore off, the Nikkei business daily said.
The longest total solar eclipse of the 21st century on Wednesday swept across Asia, drawing hundreds of millions of people to the marvelous scene in the sky.
Warnings that the world economy still faces a rocky road tempered market enthusiasms on Wednesday, with Japan indicating it might need to do more to ease credit pressures and Britain biding its time.
The United States is concerned about the possible transfer of nuclear technology from North Korea to military-ruled Myanmar, U.S. Secretary of State Hillary Clinton said on Wednesday.
