Asian stocks ended mixed on Tuesday with Japan's benchmark Nikkei index leading gains by 2 percent and Sydney shares gaining traction after the Australian central bank left the door open for future easing at its policy meeting.» Read More
Sharp said it expects to rebound to an operating profit in the year to March 31 as it battles to remain viable after averting failure last year.
Japan's banking titans are hiring Spanish-speaking bankers to win new business in Latin America and handing out loans to junk-grade borrowers in the United States as they probe deeper overseas.
The U.S. government has launched a civil lawsuit against Standard & Poor's over mortgage bond ratings, the first federal enforcement action against a credit rating agency over behavior tied to the recent financial crisis.
Sharp rebounded to a third-quarter operating profit on Friday, improving the bailed-out consumer electroncs maker's chances of convincing lenders and shareholders that it is a viable company.