JAPAN

Sony Corp has agreed to sell its nearly 50 percent stake in an LCD joint venture with Samsung Electronics to the South Korean company for $940 million, as it struggles to reduce huge losses at its TV business.

Christmas is celebrated around the world by millions. Most of the Christmas celebrations are alike and has common idea and message. But the Christmas traditions in some communities and countries vary drastically. These traditions are anything from unusual to bizarre and funny. Here is a glimpse to the most unusual and bizarre Christmas traditions in the world.

The Japanese government is considering a dollar-swap arrangement with India to provide emergency liquidity in case the European debt crisis reaches emerging economies.

A 1941 fruit-cake was sold to a lucky online bidder in Arizona for $525 on Thursday, the proceeds of which will be sent to the homeless in the region. Made 70-years ago by The Kroger Co, the cake returned unopened back to the company store in the year 1971.

Europe faces another year of dismal economic performance in 2012 that will weigh on global growth, but emerging markets and the United States should at least keep the world economy moving in the right direction.

Must Watch Christmas Images, Traditions From all Round the World; What is Santa Called in Other Countries [PHOTOS]

Yahoo Inc's board of directors has agreed to keep exploring a plan to split off the Internet company's Asian assets in a complex deal valued at $17 billion, The Wall Street Journal reported on Friday.

AMR Corp's American Airlines has been given approval by a U.S. bankruptcy judge to buy 32 Boeing planes.

Herewith follows some of my predictions for what may happen in 2012 with respect to some key foreign countries.

The incredible events of 2011 will likely influence global history for decades to come.

For the past decade, cattle ranchers and meat packers watched with despair as America's beef consumption steadily declined, ceding ground to leaner meats as well as vegetarian trends among the health-conscious.

It's Christmas time for Lady Gaga and her fans. The pop star Thursday announced that she would leak her unreleased song from Born This Way on Christmas day as a gift to her little monster from their Lady Santa.

Japan has cut its forecast regrading economic growth for 2012 as a cumulative effect of a rising yen, natural disasters and the eurozone debt crisis.

For the entire lineup of games, check the list of titles due for release in February.

Asian stocks edged up Friday, as signs of a strengthening economy in the United States encouraged a modest year-end rally in riskier assets.

On Wednesday, Lexus released an official teaser photo of its sporty concept LF-LC car, which it will introduce on Jan. 9 at the 2012 Detroit Auto Show. Reports say the concept vehicle could be a hybrid.

Facebook revealed its top 10 most popular games played on its social platform this year. Zynga had four games in the top 10, but did not claim the No. 1 spot; Playdom's Gardens of Time had that honor.

In a rare and complex legal case, a Vermont couple who married in April may be split up after the U.S. Citizenship and Immigration Service denied their application for a spousal green card.

After years of speculation fueled by confusion, Nintendo has finally released the official timeline for The Legend of Zelda video game, 25 years after the series first began in a commerative art book, Hyrule Historia.

The inflows into gold-backed exchange-traded funds that helped drive bullion demand sharply higher during the financial crisis have more than halved this year, according to Reuters data, and are unlikely to recover in 2012 as appetite grows for other assets.

The number of Americans filing for first-time unemployment benefits continued to decline last week, even after dropping to a three-and-a-half year low in the previous week. The figure is still below a key threshold for gauging the job market, a sign that the labor market is gaining strength heading into 2012.