Asian equity markets ended mostly higher on Wednesday following a better than expected growth report from the world's second biggest economy.» Read More
Sony shareholders will be able to gauge CEO Kazuo Hirai's response to activist investor Dan Loeb's proposal to break up the company when he gives an update on his revival strategy at a press briefing on Wednesday.
Calls by an American billionaire investor for a break-up of Sony could mark the start of the third leg of Abenomics: shaking up corporate Japan by removing regulations that have hurt profitability.
Shanghai stocks fell to a one-week low on Tuesday amid fears that the People's Bank of China would not provide monetary stimulus to support the economy while Asia's other equity markets were mixed ahead of Australia's budget release.
Most Asian stock markets closed in positive territory on Monday with a weaker yen propelling Japan's benchmark Nikkei index to a fresh five-and-a-half-year peak, while the Shanghai Composite pared losses following a raft of lower-than-expected economic data from the mainland.
The reluctance to invest in new plants and equipment could be the biggest challenge to Abe's policies aimed at driving Japan out of a decade and a half of stagnant growth.
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.