Posted by Reuters: Business News on February 2, 2012
TOKYO (Reuters) – Asian shares and major currencies were stuck in ranges on Friday ahead of key U.S. jobs data, which will offer more clues over the state of the world’s largest economy, while Greek debt restructuring talks dragged on.
Posted by Reuters: Business News on February 1, 2012
TOKYO (Reuters) – Sony Corp named Vice President Kazuo Hirai as president and CEO, replacing Howard Stringer who will step down from day-to-day management in a long-expected change for a company struggling to regain its driving force in consumer electronics.
Posted by Reuters: Business News on
TOKYO (Reuters) – Asian stock markets struggled on Wednesday as weaker U.S. data damped down recent optimism that the world’s largest economy may escape the gloom from the euro zone debt crisis, while Chinese manufacturing surveys failed to break the cautious mood.
Posted by Reuters: Business News on January 31, 2012
TOKYO (Reuters) – Asian shares and the euro rose on Tuesday after Greek Prime Minister Lucas Papademos raised hopes that a deal would be reached this week to avoid a potentially chaotic debt default, but worries over Portugal’s refinancing ability capped gains.
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TOKYO (Reuters) – Honda Motor Co posted a 65 percent slide in quarterly operating profit on Tuesday and forecast the same drop for the full year, when natural disasters in Japan and Thailand hit it harder than rivals.
Posted by Reuters: Business News on January 30, 2012
TOKYO (Reuters) – Honda Motor Co is expected to report a double-digit slide in quarterly operating profit on Tuesday and forecast a still larger drop for the full year, as natural disasters in Japan and Thailand hit it harder than rivals.
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TOKYO (Reuters) – Asian stocks and the euro slipped on Monday as investors took profits from a recent share rally and adopted a cautious stance to await the outcome of talks on a Greek debt swap deal that is key to avoiding a messy default and yet another European summit.
Posted by Reuters: Business News on January 28, 2012
TOKYO (Reuters) – Exxon Mobil plans to sell a large part of its 50 percent stake in TonenGeneral Sekiyu KK back to its Japanese refining partner in a deal that could be worth about 300 billion yen ($3.9 billion), and will make an announcement as early as Monday, four sources with direct knowledge of the matter said.
Posted by Reuters: Business News on January 27, 2012
TOKYO (Reuters) – The broad asset rally which the U.S. Federal Reserve inspired by pledging to keep rates low decelerated on Friday as investors awaited the outcome of Greek debt talks and U.S. gross domestic product data.
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TOKYO (Reuters) – Nintendo President Satoru Iwata dismissed the idea that the age of the dedicated handheld games device was over and said he aimed to return the company to substantial profit in 2012/13, after it warned of its first ever operating loss this year.
