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  • *Japan wants to offer Australia package of industrial deals. *Australia to pick submarine design this year. TOKYO, March 1- Japan has enlisted electronics firm Toshiba Corp to help it try to win Asia's biggest defence contract, a A $50 billion deal to build a dozen submarines for Australia, three sources said.

  • TOKYO, Feb 29- Japanese stocks rose on Monday morning as strong U.S. economic indicators pushed the dollar to a more than one-week high against the yen, lifting sentiment and increasing profits for Japan's exporters. Japan's benchmark index backed off from early morning gains as high as 1.7 percent after China's Shanghai composite index tumbled more than 4...

  • *Strains evident in China factory towns after annual break. DONGGUAN, China, Feb 29- Millions of migrant workers streaming back to China's industrial heartland after the long lunar New Year break are facing an uncertain future, as smaller factories in particular struggle to cope with anemic orders and rising inventories. In the Pearl River Delta, the "world's...

  • Feb 26- A U.S. appeals court on Friday overturned a $120 million jury verdict against Samsung, finally handing the South Korean smartphone maker a significant win in its longstanding patent feud with top rival Apple. The U.S. Court of Appeals for the Federal Circuit in Washington, D.C., said Samsung Electronics Co Ltd did not infringe Apple's "quick links" patent, and...

  • SEOUL/ BARCELONA, Feb 26- From a remote-controlled robot camera to a sonar-enabled smartwatch to locate fish to reel in, smartphone makers are launching new devices and services in a bid to drive sales for their handsets and set themselves apart in a crowded field. Waning global demand for smartphones, especially in key markets such as China, and margin-eroding,...

  • TOKYO, Feb 26- Japan's Nikkei rose to its highest close in almost three weeks on Friday after risk sentiment recovered on a steadily weakening yen and overnight gains on Wall Street. Japan's benchmark index added about 1.4 percent for the week. Sharp Corp tumbled 11.4 percent after Foxconn put its $5.8 billion takeover deal with the loss-making electronics...

  • TAIPEI, Feb 26- Taiwan stocks edged up on Friday as investors looked for bargains ahead of a long weekend, but shares in Hon Hai Precision fell after it put a takeover of Japan's Sharp Corp on hold. The Taiwan dollar firmed T $0.25 to T $33.246 per U.S. dollar. Among the most active stocks in Taiwan were YT CSI300BULL2X, down 0.2 percent to T $9.51 per share; FB SSE180 L2XI,...

  • *Foxconn says not yet signing deal, in last-minute twist. *Sharp has previously undisclosed liabilities- sources. TOKYO/ TAIPEI, Feb 26- Shares in Sharp Corp plummeted on Friday after Taiwan's Foxconn put its takeover of the ailing Japanese electronics maker on hold, with sources saying previously undisclosed liabilities were responsible for the 11th hour...

  • TOKYO, Feb 26- Taiwan's Foxconn has put its takeover of Sharp Corp on hold after discovering previously undisclosed liabilities, sources said, throwing the acquisition in doubt and sending shares of the Japanese electronics maker tumbling. Loss-making Sharp announced on Thursday that it had agreed to be bought by Foxconn, a contract manufacturing firm...

  • TOKYO, Feb 26- Taiwan's Foxconn has put its takeover of Sharp Corp on hold after discovering previously undisclosed liabilities, sources said, throwing the acquisition in doubt and sending shares of the Japanese electronics maker tumbling. Loss-making Sharp announced on Thursday that it had agreed to be bought by Foxconn, a contract manufacturing firm...

  • The stock later gave up those gains and was down 0.8 percent at $68.44 in mid-morning trading in New York. Visteon, which specializes in electronic products such as information and entertainment systems for new vehicles, said its sales grew to $809 million in the fourth quarter ended Dec. 31, from $788 million a year earlier. Net income attributable to the company...

  • *Foxconn says not yet signing deal in last-minute twist. *Sharp has previously undisclosed liabilities- sources. TOKYO/ TAIPEI, Feb 25- Taiwan's Foxconn put its takeover of electronics maker Sharp Corp on hold on Thursday after discovering previously undisclosed liabilities, sources said, throwing into doubt what was set to be the biggest takeover by a foreign...

  • Excluding items, Visteon earned $1.18 per share, widely beating the $0.79 per share estimate of analysts polled by Thomson Reuters I/B/E/S. Visteon, which specializes in electronic products such as audio, information and entertainment systems for new vehicles, said its sales grew to $809 million in the fourth quarter ended Dec. 31, from $788 million a year...

  • TAIPEI/ TOKYO, Feb 25- Taiwan's Foxconn has put its takeover of Japanese electronics maker Sharp Corp on hold after becoming aware of previously undisclosed liabilities, two people with direct knowledge of the matter told Reuters on Thursday. Loss-making Sharp said earlier in the day that it had agreed to be bought by Foxconn, a contract manufacturing firm, in...

  • *Indonesia smelter to close amid forecast for global deficit. *Possible hidden producer stocks in Indonesia, China. LONDON/ MELBOURNE, Feb 25- Tin is defying the downdraft sweeping commodity markets, with prices for the metal used to solder electronics surging this year thanks to reduced production in major exporter Indonesia.

  • TOKYO, Feb 25- Taiwan's Foxconn will acquire two-thirds of ailing electronics maker Sharp, marking the largest acquisition of a Japanese tech firm by a foreign company and bolstering its position as Apple Inc's biggest supplier. Sharp said it would issue around $4.4 billion worth of new shares to Foxconn, known formally as Hon Hai Precision Industry Co....

  • TOKYO, Feb 25- Japanese stocks rose in choppy trade on Thursday after the yen resumed its weakening trend against the U.S. dollar, lifting exporters' share prices and broader market sentiment. Japan's benchmark index rose on an overnight bounce in oil prices during its morning session, then added to those gains in the afternoon as the yen moved away from its recent...

  • *Foxconn has offered to invest over $5.8 bln in Sharp- source. TOKYO, Feb 25- Sharp Corp has agreed to a takeover by Taiwan's Foxconn, sources familiar with the matter said, the largest acquisition of a Japanese tech firm by a foreign company and one that will bolster Foxconn's position as Apple Inc's biggest supplier. "Sharp has the technology to build out the...

  • TOKYO, Feb 25- Japanese stocks rose in thin, choppy trading on Thursday morning as sentiment improved following a bounce in oil prices that helped Wall Street to rally as fears of banks' exposure to energy companies struggling to pay debt receded. "As we move into the 10th day of largely directionless trading many market participants are waiting on a catalyst," said...

  • *Foxconn has offered to invest $5.9 bln in Sharp- sources. TOKYO, Feb 25- Japan's Sharp Corp on Thursday agreed to a takeover by Taiwan's Foxconn, a source familiar with the matter said, in what would be the largest acquisition by a foreign company in Japan's insular technology sector. The Taiwanese firm, known formally as Hon Hai Precision Industry Co, has offered to...