Japan slipped to the brink of deflation and inflation in Europe slid closer to zero, underlining a threat to the world economy before next week's G20 summit which is supposed to produce a cure for the crisis.
Japan's Toshiba Corp and Sharp Corp said on Friday they are considering working together in the solar power business amid growing demand for cleaner energy, sending their shares higher.
U.S. stock index futures pointed to a lower open on Wall Street on Friday following the previous session's strong gains, with futures for the S&P 500 down 0.6 percent, Dow Jones futures down 0.6 percent and Nasdaq 100 futures down 0.7 percent at 1000 GMT (6 a.m. EDT).
Japan slipped to the brink of deflation and inflation in Europe slid closer to zero, underlining a threat to the world economy before next week's G20 summit which is supposed to produce a cure for the crisis.
Things are getting tense at Japanese brokerage Nomura Holdings .
Asian stocks dipped on Friday, but still headed for their best weekly gain in four months as hopes the global economy could not get any worse continue to bolster riskier assets.
Asian stocks rose on Friday, trying for a fifth day of gains, as hopes the global economy could not get any worse kept investors buying riskier assets, though U.S. and Japanese data left some doubts lingering.
Toyota Motor Corp will continue to sell the current, six-year-old Prius alongside the upcoming new version, at least in Japan, its president said on Thursday.
Asian stocks rose to their highest in nearly three months on Thursday, led by energy and financial shares, and oil climbed on hopes the U.S. economic slowdown may be easing.
The head of Toyota Motor Corp said on Thursday that industrywide sales in the United States for this month looked set to be flat or worse than the weak results seen in February.
Asian shares hit their highest level in 11 weeks on Thursday on hopes the U.S. economic downturn may be easing, while the dollar recovered after its latest wobble about its status as the main reserve currency.
North Korea has positioned what is believed to be a long-range ballistic missile on a launch pad in what could be a preparation for launch, a U.S. counterproliferation official said on Wednesday.
Nintendo has shipped more than 50 million units of its Wii game console since its launch three years ago, becoming the fastest-selling console ever, the company's president said on Wednesday.
Stocks retreated on Wednesday as technology shares fell after news IBM is planning layoffs and a disappointing Treasury note auction raised concerns of flagging foreign interest in U.S. government debt, which could bode poorly for the economy.
Mitsubishi UFJ Financial Group Inc and Morgan Stanley are set to announce this week a merger of their securities businesses in Japan, a source said, creating a new powerhouse to rival industry leaders Nomura Holdings and Daiwa Securities Group .
Asian shares put in a mixed performance on Wednesday as a sharp rally in stock markets this week over a U.S. plan to deal with toxic debt ran out of steam.
Japanese robots are helping hayfever suffers get through the allergy minefield that is spring by measuring the amount of pollen in the air and then warning about its severity.
Mitsubishi UFJ Financial Group Inc is likely to take a 60 percent interest in the venture it is forming with Morgan Stanley to merge their brokerage subsidiaries in Japan, the Nikkei business daily said on Wednesday.
Mitsubishi UFJ Financial Group Inc is likely to take a 60 percent interest in the venture it is forming with Morgan Stanley to merge their brokerage subsidiaries in Japan, the Nikkei business daily said on Wednesday.
Thirty-five nations vote on Thursday for a new International Atomic Energy Agency chief at a time of mounting challenges to the nuclear non-proliferation regime, but it was unclear if a winner would emerge.
Japan will adopt greener climate policies if the opposition, ahead in voter polls, wins an election this year and sticks to promises for greater use of renewable energy and bold cuts in greenhouse gas emissions.
U.S. stock index futures pointed to a lower opening on Wall Street on Tuesday, following the previous session's sharp rally fueled by better than expected housing data and by Washington's plan to help banks get rid of troubled assets.
