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Nikkei tumbles as exporters fall

Japan's Nikkei stock average lost 2.9 percent on Monday, briefly touching its lowest point since May 1, as Sony Corp and other exporters fell in the wake of an advancing yen.

Asian consumers go back to basics in downturn

Forget about bells and whistles. Asians have gone back to basics in the economic slowdown and are opting for no-frills, lower-priced products rather than brand names and items with fancy features that rarely get used.

Nikkei slips as exporters hit

Japan's Nikkei stock average fell 2.5 percent on Monday as exporters such as Sony Corp were hit by a stronger yen, while Panasonic Corp tumbled in the wake of a gloomy earnings forecast. Panasonic lost 7 percent after it forecast a bigger-than-expected annual loss following a record quarter of red ink battered by weak demand, price falls and restructuring costs.

Oil steadies above $56

Oil hovered little changed above $56 a barrel on Monday, pausing from the previous session's near 4 percent loss, as the market awaited further economic data and movements in equities markets for directions.

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Stocks rise despite slumping German GDP

World equities rose on Friday yet still looked set to end the week down for the first time in 10 weeks, while poor economic data from German hit the euro and boosted bonds.

Stocks up on recovery hope; euro slips on Germany

Asian stocks rose on Friday as investors bought shares that stood to benefit the most from an expected global recovery, but were set for their biggest weekly decline since March as volume thinned and some recent gains were cashed in.

Recovery hopes still alive, push up Asia stocks

Asian stocks rose on Friday as investors bought shares that stood to benefit the most from an expected global recovery, but still looked set to post their biggest weekly decline since March on worries equity markets have risen too far, too fast.

U.S. video game sales down 17 percent in April

U.S. sales of video games fell 17 percent in April to $1.03 billion, research group NPD said on Thursday, the second steep monthly decline in a row.

Toyota races GM to launch plug-in hybrid, will begin leasing in Europe this year

Toyota is moving toward launching experimental plug-in hybrid vehicles in Europe in 2009 as part of a three-year lease trial, ahead of rival GM, which plans to introduce its own version in late 2010.

Sony eyes frail recovery

Sony Corp forecast a second straight year of losses as the global recession batters demand for consumer electronics but the Japanese company stopped short of taking any new aggressive steps to cut costs further.

Konica Minolta to expand LCD film offerings

Japan's Konica Minolta Holdings said on Thursday it planned to expand its range of high-tech film for LCD panels in a move to broaden its customer base.

Japan should hold election in July: ex-PM Abe

Japan should hold an election in July and appeal to voters with promises of more public spending for the recession-hit economy, former prime minister Shinzo Abe said on Thursday amid signs of a tough election battle ahead.

Japan opposition seeks new head to win election

Rivals to lead Japan's main opposition party promised on Thursday to eliminate wasteful spending and reform the pension system as the party battles to widen its lead ahead of a looming election.

Japan power firms pay $1 billion for CO2 credits in 08/09

Japan's power firms paid a combined 100.1 billion yen, or $1 billion, for carbon credits in the year that ended on March 31, their annual earnings reports showed, giving investors a rare glimpse into how much utilities are spending to offset their own carbon emissions.

Sony sees second straight loss, eyes frail recovery

Asia stocks drop, U.S. retail sales dents rally

Asian stocks took a hit on Thursday as weak U.S. retail sales underscored the long road to economic recovery, prompting profit-taking on winning bets in equities, higher-yielding currencies and commodities over the past two months.

Asia stocks drop, risk bets cut on recovery doubt

Asian stocks fell on Thursday as weak U.S. retail sales highlighted the long road to economic recovery, prompting profit-taking on winning bets in equities, higher-yielding currencies and commodities over the past two months.

Panasonic seen posting $1.1 billion loss in 2009/10

Japan's Panasonic Corp is likely to post a net loss of more than 100 billion yen ($1.1 billion) for the year ending in March 2010, the Yomiuri newspaper reported, as the consumer electronics maker grapples with a stronger yen and slowing demand.

Nikkei falls after U.S. data

Japan's Nikkei average fell 2.1 percent on Thursday as exporters slid on a firmer yen and renewed concerns about the U.S. economy, while Nikon Corp tumbled after it forecast its first annual operating loss in 11 years.

EU ruling against Intel won't have major impact

The European Union vindicated AMD with a fine on competitor Intel Corp. for antitrust violations Wednesday, but the ruling is not likely to change Intel’s dominant position in the microprocessor industry.

Google street view photos draws tension in Greece and Japan

Google is running into legal problems with privacy advocates in both Greece and Japan over its Google Maps feature, Street View.

G7 to recover later this year, but a long haul

The world's richest nations will put recession behind them later this year, but when growth returns it will be sluggish, according to Reuters polls that pose a challenge to the vigorous rally in world stock markets.

Socialism Coming Back To Haunt U.S.

America is more than a country; it is the ideal of liberty. In economic terms, liberty translates into the entrepreneurial spirit of hard work, risk taking and self-reliance.

EU hands down record antitrust fine to Intel

EU regulators on Wednesday slapped a record 1.06 billion euro ($1.45 billion) fine on Intel Corp for antitrust violations and ordered it to halt illegal efforts to squeeze out arch-foe AMD.

Honda to lift Japan output to meet extra demand

Honda Motor Co (7267.T) is taking steps to raise output in Japan in preparation for a likely uptick in demand if a bill to offer consumers cash to replace old cars becomes law, its chief financial officer said on Wednesday.

U.S. likely to feel pressure to move on Intel

Now that European, South Korean and Japanese authorities have moved against chip giant Intel Corp for breaking antitrust laws, the question is: Are U.S. officials feeling pressure to take action, too?