JAPAN

The secret billionaire giveaway

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He wears a $15 watch, flies economy class and does not own a house or car. For years few guessed that Chuck Feeney was one of the world's biggest philanthropists, secretly giving away his billionaire fortune.

Asia stocks move higher; dollar weak

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A leading Asia-Pacific stock index hit a record high on Monday as shares took their cue from gains on U.S. markets late last week, though trading was light due to holidays in Japan, South Korea and Taiwan.
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Pfizer looks to spin off cream of Japan lab

Pfizer Inc, the world's largest drug maker, said on Friday it is in talks with investors about spinning off its Japanese research and development laboratory, albeit as a much smaller organization.
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Robots turn off senior citizens in aging Japan

Ifbot, the resident robot at a Japanese nursing home, can converse, sing, express emotions and give trivia quizzes to seniors to help with their mental agility. Yet the pale-green gizmo has spent much of the past two years languishing in a corner alone.
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Whoever becomes PM, Japan fiscal control may suffer

Whoever becomes prime minister of Japan next week after Shinzo Abe's shock resignation will inherit an unpopular administration and face pressure to boost rural spending to revive support, despite high government debt.
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Sony delays PS3 Home, but no talk of price cuts

Sony Corp said on Thursday it would postpone the launch of the Home virtual community service for its PlayStation 3 game console to early next year, the latest setback in its videogame battle with Microsoft Corp and Nintendo Co Ltd.
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Japan's Sharp to take 14 pct stake in Pioneer

Japanese electronics maker Sharp will buy about $357 million worth of new shares from Pioneer Corp and work with its loss-making rival in developing DVD players, car electronics and displays.
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Dollar sinks, stocks mixed in Fed aftermath

The dollar sank to a 15-year low against major currencies on Thursday while the euro rose above $1.40 for the first time as the impact of the U.S. Federal Reserve's interest rate cut continued to sweep across markets.
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Sony game unit says should hit PS3 target

Sony Corp's game unit said it was fairly confident of doubling shipments of PlayStation 3 game consoles to 11 million in the year to March, and may buy more software firms to boost demand for its console.
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KDDI Teams with Intel for WiMAX

KDDI Corp., Japan’s second biggest telecommunications operator, announced on Tuesday that it would inject capital into a WiMAX wireless broadband project, teaming up with local partners and Intel Corp.
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Fujifilm to shift digital camera output to China

Japan's Fujifilm Holdings Corp said on Wednesday it plans to shift its remaining digital camera production to China and cut an unspecified number of jobs as it restructures its struggling camera operations.
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Calif. suit on car greenhouse gases dismissed

A U.S. federal judge tossed out a lawsuit by California's attorney general on Monday seeking hundreds of millions of dollars from six automakers for damaging the state with climate-changing greenhouse gases.
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Hartford to sell life products to business roster

Hartford Financial Services Group Inc will start selling life and retirement products to small business owners who already buy its commercial insurance, and on Monday named the former head of its Japanese unit to run the operation.
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Stocks, sterling falls as N.Rock woes deepen

Asian and European stocks fell on Monday while sterling hit a one-year low as concerns over financing for banks grew after UK mortgage lender Northern Rock tapped the Bank of England for an emergency loan last week.
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Platinum-free fuel cell developed in Japan

Japan's Daihatsu Motor Co Ltd said on Friday it has developed a technology to make fuel cells without platinum, the precious metal used in the electrolyte process in existing hydrogen-based fuel cells.
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Nations ink deal to provide safer atomic power

Sixteen nations signed a U.S.-initiated pact on Sunday to help meet soaring world energy demand over coming decades by developing nuclear technology less prone to diversion into atomic bomb-making.
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Bond's car voted coolest brand

A fast car with a James Bond image held onto its place atop a list of the coolest brands in Britain in a newly released survey on Thursday.
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Japan's Fukuda eyes warmer China ties

Tokyo must keep a thaw in ties with China on track, the frontrunner to be Japan's next prime minister said on Sunday, while urging Beijing to better explain its ballooning military spending.
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Indonesia quake toll rises to 23 dead

The toll from a severe earthquake on Indonesia's Sumatra island last week has risen to 23 dead and 88 injured, an official said on Sunday, and the area is likely to experience further significant aftershocks.

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