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Panasonic Corp

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  • Why Japan's factories won't be going home Monday, 6 Apr 2015 | 10:02 PM ET

    Despite hopeful local media reports and a weaker yen, Japanese companies won't be moving their factories back home anytime soon, analysts say.

  • 10 fallen tech giants that once seemed invincible Monday, 6 Apr 2015 | 10:00 AM ET
    Old technology

    Tech giants may seem eternal but can quickly cede to nimble competitors. Here's a look at 10 companies who have fallen from the top spot.

  • *Japan's companies, wary of weak demand, are spending less. KUSATSU, Japan, April 5- Hirotoshi Ogura, a self-described "factory geek", is Daikin Industries' master of doing more with less- and part of the reason Japan's recovery remains stuck in the slow lane. As Japan heads into the season of peak demand for room air-conditioners, Ogura and other Daikin managers have...

  • Shanghai, Tokyo shares buck uptrend after China easing Tuesday, 31 Mar 2015 | 3:28 AM ET
    A board of stock indicators shows upward momentum on the floor of the New York Stock Exchange.

    Equities in Shanghai and Tokyo closed down late Tuesday, while the rest of the region advanced as Beijing unleashed new policy measures.

  • Asian equities were mixed on Friday due to worries over Yemen, with Japan's benchmark index leading the losses on profit-taking and weak data.

  • Why Japan Inc doesn’t believe in Abenomics Friday, 27 Mar 2015 | 2:47 AM ET

    Tokyo stock prices are at fifteen-year highs, but Japanese corporations remain pessimistic about the country’s growth potential.

  • *Panasonic soars to the highest since Nov 2008. *Toshiba tumbles after SanDisk cut outlook. TOKYO, March 27- Japan's Nikkei share average edged up on Friday morning in choppy trade as investors bought stocks on the dips after the previous day's falls, while Panasonic Corp attracted buying after it announced an acquisition plan.

  • TOKYO, March 26- Japanese electronics supplier Panasonic Corp said it was ready to spend 1 trillion yen on acquisitions over the next four years, emboldened by a stronger profit outlook for its automotive and housing technology businesses. Chief Executive Kazuhiro Tsuga said at a briefing on Thursday that Panasonic doesn't have specific acquisition...

  • DETROIT, March 24- Global automakers are readying a new generation of mass-market electric cars with more than double the driving range of today's Nissan Leaf, betting that technical breakthroughs by big battery suppliers such as LG Chem Ltd will jump-start demand and pull them abreast of Tesla Motors Inc.. At least four major automakers- General Motors Co,...

  • China's Huawei leads international patent filings: WIPO Thursday, 19 Mar 2015 | 7:25 AM ET

    BEIJING, March 19- Chinese telecom giant Huawei Technologies Co Ltd became the world's No. 1 applicant for international patents in 2014, a United Nations agency said Thursday, underscoring the innovative strides made by Chinese technology companies. Huawei was followed by San Diego- based chipmaker Qualcomm Inc while Huawei's crosstown rival ZTE Corp,...

  • Japan wage hikes: Are they enough? Wednesday, 18 Mar 2015 | 7:35 PM ET

    Japanese firms announced bigger wage hikes this year, but experts are questioning if it will be sufficient to help end the country's economic mire.

  • *Toyota, Panasonic, Nissan offer bigger raises. TOKYO, March 18- Japanese blue-chip firms announced wage hikes on Wednesday that topped increases last year, but overall pay raises across corporate Japan are not expected to offset higher costs of living for workers or be enough to drive a sustainable economic recovery. Major exporters like Toyota Motor Corp were...

  • LOS ANGELES, March 13- Chinese automaker BYD Co Ltd, backed by Warren Buffett's Berkshire Hathaway Inc, aims to triple its production of batteries as it takes on Tesla Motors in the race to supply electric vehicles and boost energy storage. That means BYD could ramp up from 10 GWh capacity at the end of this year to about 34 GWh of batteries by the beginning of 2020....

  • Asian shares up on BOK rate cut; Nikkei at 15-year high Thursday, 12 Mar 2015 | 8:32 AM ET

    Asian shares rose on Thursday, boosted by better-than-expected Australian jobs data from Australia and a surprise rate cut in South Korea.

  • Fears that an interest rate hike in the United States is imminent drove Asian stock markets outside Shanghai lower on Monday.

  • Watch out! 7 Household items that may spy on you Friday, 6 Mar 2015 | 10:52 AM ET
    Hello Barbie

    Privacy experts warn that with so many microphones and cameras in homes, outsiders could have more insight into your life than you know.

  • *Japan Display confirms new plant, source says for Apple. TOKYO, March 6- Loss-making Sharp Corp has asked a domestic corporate turnaround fund to invest up to $250 million in capital- aid which would come on top of plans to tap its two main lenders for a second major bailout, a source said on Friday. Weak sales of smartphone screens in China, aggravated by an unexpected...

  • A foreign currency dealer stands in front of monitors at the Korea Exchange Bank headquarters in Seoul, South Korea.

    Asian shares largely rose on Friday, supported by a stronger close on Wall Street overnight, with Japanese and South Korean markets scaling fresh highs.

  • TOKYO, March 6- Loss-making Sharp Corp has asked a domestic corporate turnaround fund to invest up to $250 million in capital- aid which would come on top of plans to tap its two main lenders for a second major bailout, the Nikkei business daily reported. Hit by a supply glut of smartphone screens in China and fierce competition from rival Japan Display Inc that...

  • TOKYO, March 5- Loss-making Japanese electronics firm Sharp Corp meets its main banks on Thursday in an effort to secure its second major bailout since 2012, betting they will have little choice but to pay up despite their call for more drastic overhauls. Sharp Chief Executive Kozo Takahashi will meet officials from Mizuho Bank and Bank of Tokyo-Mitsubishi...