Asian stocks mostly advanced on Thursday despite data showing China's factory activity at a one-year low.» Read More
Stocks finished higher in light, tight tug-of-war trading Thursday as Wall Street cheered Bank of Japan's aggressive new stimulus measures, but a disappointing weekly jobless claims report kept a lid on gains.
Shares of Nuance Communication closed almost 6 percent higher on Tuesday after activist investor Carl Icahn disclosed a 9.27 percent passive stake in the software company. So what's the appeal for Icahn?
A unit of Japan's Panasonic is under investigation by U.S. authorities looking at whether the company paid bribes overseas to airline employees or government officials to help land business.
Japanese exporters will hand out bigger bonuses for the next fiscal year as Prime Minister Shinzo Abe's policies drive the yen to multi-year lows, with Toyota Motors leading the way.
Japanese blue-chip firms, from electronics giants to brewers, are selling prime real estate to shore up battered balance sheets, stoking a resurgent property market.
Asian stocks closed mixed on Monday after Wall Street hit a five-year high in the previous session as strong economic data buoyed sentiment.
Shares of Panasonic jumped 14 percent in early trade on Monday, hitting a 7-month high after the consumer electronics maker rebounded to a quarterly profit and stuck with its full-year earnings forecast.
LG Electronics fell short of consensus forecasts in quarterly earnings on Wednesday, with profits in its TV division tumbling to around one tenth of year-earlier levels as the world's No.2 TV maker bumped up promotional spending in the year-end holiday season.
United Airlines becomes the first U.S. airline to offer overseas Wi-Fi. Prices range from $3.99 to $19.99.
Japan's Panasonic may see its headcount fall further and may sell non-core money-making business units to raise cash, president Kazuhiro Tsuga told reporters at the CES consumer electronics show in Las Vegas on Tuesday.
Stocks finished lower for the second session Tuesday, as investors remained on the sidelines ahead of what is expected to be a weak fourth-quarter earnings season.
Two thirds of the 420,000 patrol cars in the United States are equipped with Panasonic's rugged Toughbook computers, and chief Kazuhiro Tsuga sees the niche product as a model for how the sprawling conglomerate can make money beyond a gadget mass market increasingly dominated by Samsung Electronics and Apple.
The Japanese government plans to spend up to 1 trillion yen ($11.6 billion) to buy machinery and factories from domestic manufacturers in a bid to strengthen Japan industrial competitiveness by providing funds for new corporate investments, the Nikkei business daily said on Monday.
Japan's Renesas Electronics, the world's biggest maker of microcontroller chips, was thrown a lifeline on Monday after gaining 150 billion yen ($1.8 billion) in a government-led bailout.
Japan's TV makers are selling buildings and businesses in a giant "garage sale" that could raise a combined $3 billion.
*Toyota lifts mood in automakers. But Toyota Motor Corp rose 2.2 percent to a one-month high at 3,210 yen after public broadcaster NHK said it was set to slightly raise its operating profit forecast.
*Fitch joins Moody's, S&P in cutting Sharp rating to junk. TOKYO/ HONG KONG, Nov 2- Shares of Japan's Sharp Corp fell and Fitch Ratings downgraded its debt to junk status on Friday, a day after it warned of a $5.6 billion net loss for the year and said it might not be able to survive on its own.
*Weak yen boosts exporters, with Honda up 3.3 pct. TOKYO, Nov 2- Japan's Nikkei share average climbed to a one-week high Friday as global cyclical shares such as carmakers rose on improved U.S. economic data. Honda Motor Co climbed 3.3 percent to 2,467 yen and Nissan Motor Co gained 2.1 percent.
*Sony shares gain 3 pct after rise in quarterly profit. TOKYO/ HONG KONG, Nov 2- Shares of Japan's Sharp Corp fell on Friday as worries about the TV and display maker's future deepened a day after it warned of a $5.6 billion net loss for this year and said it might not be able to survive on its own.
*Sony Q2 oper profit 30.3 bln yen; keeps FY fcast for 130 bln yen profit. TOKYO, Nov 1- Struggling Japanese TV maker Sharp Corp warned it might not be able to survive on its own, as it almost doubled its full-year net loss forecast to $5.6 billion, and said it was considering alliances with other companies.