A U.S. investment fund is putting pressure on NEC Corp. to give up control of its ailing chip making unit by offering $1.25 billion for a 25 percent stake, the latest foreign shareholder to apply heat on what they see as
Money is pouring into foreign stocks, putting more downward pressure on an already weak yen.
Sony Corp. slashed the price of its next-generation Playstation 3 game console late Sunday as it attempts to regain market share lost to rivals Microsoft and Nintendo.
As if it wasn't hard enough to invest $200 billion, the managers of China's new state asset agency face a new headache: growing financial protectionism.
A stronger-than-expected reading on Japanese machinery orders pushed up machinery stocks such as industrial robot maker Fanuc Ltd. on Monday, sending the Nikkei average 0.55 percent higher.
Microsoft Corp. said on Monday it does not expect hardware problems to affect sales of its Xbox game console in Japan.
Rubles, rupees and renminbis will be a much bigger part of mom and pop's portfolio in less than 10 years as consumers become more tolerant of risk-taking and more knowledgeable about global economies, according to a study released on Monday.
Boeing Co. unveiled its lightweight, carbon-composite 787 Dreamliner on Sunday in front of 15,000 cheering employees, customers and suppliers, capping a weekend of hype and a flurry of orders for the new fuel-efficient plane.
Volkswagen, the world's fourth-largest carmaker, is considering building a new North American factory if the dollar stays weak, Chief Executive Martin Winterkorn said in an interview with German magazine Focus.
Financial markets focused on Friday on upcoming U.S. jobs data for a guide to the path of interest rates, leaving stocks mixed, the dollar clinging on to recent gains and bonds weaker.
Fast Retailing's surprise $900 million bid for Jones Apparel Group's Barneys New York underscores the Japanese clothing retailer's dream to become a global player and find growth outside its mature home market.
Microsoft Corp. said on Thursday that it would launch an updated version of its Xbox 360 game console on October 11 in Japan as it competes against rival products from Japanese favorites, Nintendo and Sony.
Jones Apparel Group has a new, bigger bid for its Barney’s unit.
The Nomura Holdings Inc. group became the top securities underwriter, merger and acquisition adviser in value in the first half of 2007, according to Thomson Financial rankings covering transactions.
Dell Inc., the world's second-largest computer maker, said on Thursday it will soon start selling its laptops and desktops at Asian retail chains and stores.
U.S life insurer Prudential Financial Inc. is in the final stages of picking an Indian company to form an asset management joint venture to break into the market, an executive said on Wednesday.
The United States does not oppose releasing some of the 50,000 metric tons of heavy fuel oil due to North Korea under a nuclear disarmament deal before its Yongbyon reactor shuts down, a U.S. official said on Tuesday.
'Nanking,' a U.S.-made film documenting eyewitness accounts of atrocities committed by Japanese troops in China during World War Two, opened in Beijing on Tuesday, as the two countries struggle to mend strained ties.
After more than 100 years as a niche player in Japan, the world's largest financial firm is expanding its retail operations.
Big Japanese firms remained upbeat about business conditions in June, a Bank of Japan survey showed on Monday, underscoring the view that the central bank may raise rates as early as August but will stick to a gradual pace of credit tightening.
Honda Motor Co. is keen for its share of rapidly-growing markets like India and China to increase, its chairman said on Sunday, but Japan's second biggest auto maker is not in a hurry to enter the new battleground for very cheap small cars in India.
Japanese government bond futures rose to a three-week high on Monday after the Bank of Japan's June tankan survey generally matched forecasts, reinforcing market views that a rate hike could come as early as August.
