JAPAN

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NEC looks to resume overseas cellphone sales

NEC Corp, grappling with a steep drop in mobile phone sales in Japan, said on Monday it could resume overseas sales of cellphones next year, three years after losses forced it to pull out of China and Europe.

Suspected North Korea weapons ship heads home

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A North Korean ship tracked by the U.S. Navy on suspicion of carrying a banned arms cargo is expected to return home on Monday after a voyage that tested U.N. sanctions aimed at punishing Pyongyang for its May nuclear test.

Samsung sees strong earnings, shares jump

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South Korea's Samsung Electronics , the world's top maker of memory chips and flat screen TVs, forecast second-quarter earnings well above market estimates, driving its shares up more than 4 percent on Monday.
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Stock futures signal losses as oil tumbles

Stock futures pointed to a lower open on Wall Street on Monday following a long weekend, as oil tumbled nearly $3 a barrel on mounting doubts over a quick economic recovery.
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North Korea defies U.S. with new missile launches

North Korea fired seven ballistic missiles on Saturday, South Korea's defense ministry said, in an act of defiance toward the United States on its Independence Day that further stoked regional tensions.
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Major nations should back dollar as key currency: Japan

Major countries should support the dollar as the key international currency, although emerging nations may discuss a new global reserve currency on the sidelines of the G8 summit next week, a Japanese official said on Friday.
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North Korea may fire more missiles: report

North Korea may test mid-range missiles or fire more short-range missiles to step up saber rattling that has raised regional tension, a South Korean daily said on Friday.
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Major nations should back dollar as key currency

Major countries should support the dollar as the key international currency, although emerging nations may discuss a new global reserve currency on the sidelines of the G8 summit next week, a Japanese official said on Friday.
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North Korea ups tension with short-range missiles

North Korea test-fired four short-range missiles on Thursday, further stoking tension in the region that was already high due to Pyongyang's nuclear test and threats to boost its nuclear arsenal in response to UN sanctions.
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Asia stocks cling to gains

Stocks in Hong Kong and Taiwan rose on Thursday, bolstered by bets China's recovery will continue, while the U.S. dollar recovered from a three-week low against the euro ahead of the latest U.S. labor market report.
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Asia stocks sluggish ahead of U.S. jobs

Asian stocks were largely unchanged on Thursday ahead of the latest U.S. payrolls report, while the U.S. dollar remained near a three-week low against the euro, sensitive to lingering doubts about its reserve status.
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LG says considering additional LCD line

South Korea's LG Display Co Ltd said on Wednesday it was considering building an additional production line for flat-screen TV panels as the LCD industry slowly recovers due to healthy TV sales.
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LG Display says considering additional LCD line

South Korea's LG Display Co Ltd said on Wednesday it was considering building an additional production line for flat-screen TV panels as the LCD industry slowly recovers due to healthy TV sales.
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Shinsei to buy Aozora to create Japan's No.6 bank

Japan's Shinsei Bank plans to buy rival Aozora Bank in a deal that brings together two loss-making lenders in hopes of building a stronger bank that can return to growth in both retail and corporate banking.
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Mood mixed among Asian shares

Asian stock markets put in a mixed performance on Wednesday, with Seoul gaining but Tokyo and Sydney weak as data showed the process of swinging the global economy around to a recovery would be a slow grind.
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Asia shares struggle as data shows going tough

Asian stock markets struggled to gain ground on Wednesday as economic data showed the process of turnaround to recovery was likely to be a slow grind, and the dollar capitalized on that more cautious sentiment.

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