Sony to name Kazuo Hirai president: Nikkei (Reuters)

By admin on January 8th, 2012

A model poses on a stool as a customer tests a camera at a Sony counter promoting their latest cameras to photo enthusiasts at a photography shop in a mall in Beijing, China, Saturday, Dec. 17, 2011. (AP Photo/Andy Wong)Reuters – Japan’s Sony Corp will promote Kazuo Hirai as president replacing Howard Stringer as early as April, the Nikkei business daily reported.


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Japan PM weighs cabinet reshuffle: Nikkei (Reuters)

By admin on January 7th, 2012

Reuters – Japanese Prime Minister Yoshihiko Noda is planning to revamp his cabinet as early as this month to remove two censured ministers whose presence blocks a budget deal with a key opposition party, the Nikkei business daily reported.

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World stocks waver on last trading day of 2011 (AP)

By admin on December 30th, 2011

Participants conduct a traditional handclap at the end of the ceremony to wrap up the year's trading at the Tokyo Stock Exchange in Tokyo Friday, Dec. 30, 2011. Japan's Nikkei 225 index lost nearly a fifth of its value over the past year. It nose-dived right after the March 11 tsunami and earthquake disaster, recouped some of those losses in July, but then started a decline that has the benchmark hovering at below the March value. (AP Photo/Koji Sasahara)AP – Global stock markets were mixed Friday on 2011′s last trading day and turned in heavy losses for the year after Europe’s debt crisis and natural disasters battered a struggling global economy. Japan’s benchmark hit its lowest close in 29 years.


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Asian stocks down on mixed US, Japan economic news (AP)

By admin on December 28th, 2011

FILE- In this Oct. 14, 2011 file photo, police guard the Wall Street Bull statue while protestors participating in the Occupy Wall Street protest march toward Wall Street in New York. More than a month after Occupy Wall Street activists were removed from a Manhattan park, the bronze bull where the movement started is still surrounded by police barricades — and some New Yorkers want them removed. (AP Photo/Andrew Burton, File)AP – Asian stocks markets fell Wednesday, with trading thinned by year-end holidays and mixed economic news out of the U.S. and Japan.


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Asia stocks lower on concern about US, Europe (AP)

By admin on December 27th, 2011

In this Dec. 13, 2011 photo, Jean Ashton, left, library director at the New-York Historical Society, and Matthew Murphy, the library's head of cataloging, display part of an ongoing collection of Occupy Wall Street items, in New York. More than a half dozen major museums and organizations from the Smithsonian Institution to the New-York Historical Society have been avidly collecting materials produced by the Occupy movement for preservation. (AP Photo/Bebeto Matthews)AP – Asian stock markets were mostly lower Tuesday amid worries about weak Christmas sales in the United States and Europe and a warning by Japan’s central bank about possible risks from the European debt crisis.


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Japan to enter dollar swap agreement with India (Reuters)

By admin on December 25th, 2011

Reuters – The Japanese government is considering a dollar swap arrangement with India to provide emergency liquidity in case the European debt crisis reaches emerging economies, the Nikkei business newspaper said on Sunday.

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Olympus plans $3.4 billion debt reduction: Nikkei (Reuters)

By admin on November 16th, 2011

Men walk past a sign of Olympus Corp outside the company's showroom in Tokyo November 10, 2011. Tokyo's stock exchange warned scandal-hit Olympus Corp on Thursday it will be delisted after 62 years as a publicly traded company if it fails to report earnings by December 14, deepening concerns about the Japanese camera-maker's future. REUTERS/Toru HanaiReuters – Japan’s disgraced Olympus Corp (7733.T) may sell assets to help pay down $3.4 billion in debt under a plan aimed at keeping the support of lenders in its battle to survive an accounting scandal, the Nikkei business daily said on Thursday.


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Asia stocks rise as Europe stabilizes, Japan grows (AP)

By admin on November 14th, 2011

Nursing student May Yong administers a free flu shot in Zuccotti Park in New York, Sunday, Nov. 13, 2011. The flu shots were being provided by Physicians for a National Health Care Program (PNHP), a group that supports the Occupy Wall Street movement's protest against corporate greed. (AP Photo/Seth Wenig)AP – Asian stocks rose sharply Monday after Japan’s economy grew for the first time in four quarters and Europe moved closer to resolving a debt crisis that threatens to hurl the region into recession.


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