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Sharp Corp

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  • MEMLO PARK, Calif., April 30- In the 1980 s when Sony and Toshiba were setting the agenda in the global TV and memory chip markets Japan was bristling with confidence as a hub of technological innovation. Three decades later, with Japan's electronics industry in decline, Prime Minister Shinzo Abe has come to Silicon Valley- the first sitting Japanese leader to do so-...

  • Asian stocks mostly advanced on Thursday despite data showing China's factory activity at a one-year low.

  • Sharp remains on life support Friday, 17 Apr 2015 | 3:52 AM ET

    Japanese electronics giant Sharp may be struggling, but the banks will keep the heavily indebted firm on life support, analysts say.

  • People have photos taken with a replica of the famous Wall Street bronze bull on the Bund in Shanghai.

    Asian equities traded mixed on Friday after a soft finish on Wall Street, but China's Shanghai Composite index outperformed with a new multi-year high.

  • By Taro Fuse and Ritsuko Ando. TOKYO, April 16- Japan's Sharp Corp clinched a $1.7 billion bailout deal from its banks in return for a promise to cut 5,000 jobs and split off its ailing smartphone display unit, a person familiar with the deal said on Thursday. As part of its second major bailout in three years, Sharp's lenders, Mizuho Bank and Bank of Tokyo-Mitsubishi...

  • Shanghai shares lead gains to end at fresh 7-year high Thursday, 16 Apr 2015 | 3:08 AM ET
    Chinese stock investors gather at a securities firm in Fuyang, in China's Anhui province on January 7, 2015.

    Asia's equities joined their global peers to rise on Thursday, with China's Shanghai Composite index finishing at a fresh multi-year high.

  • TOKYO, April 16- Japanese stocks edged up on Thursday, as buying in oil and mining shares reversed early losses, offsetting profit-taking in recent gainers such as food stocks, while Sharp Corp surged on restructuring hopes. Rising oil prices lifted oil and mining stocks, with Inpex Corp soaring 5.4 percent and Japan Petroleum Exploration gaining 3.8 percent.

  • TOKYO, April 16- Japan's Sharp Corp and its main banks are set to agree on Thursday to a $1.7 billion rescue and restructuring plan that will likely include a promise to split off its ailing smartphone display business, a person involved in the discussions said. As part of its second major bailout in three years, Sharp's lenders, Mizuho Bank and Bank of...

  • Japan's Sharp, banks near $1.7 billion overhaul deal Wednesday, 15 Apr 2015 | 11:18 PM ET

    Sharp and its main banks are to meet on Thursday to agree on a nearly $2 billion rescue and overhaul plan for the loss-making electronics maker.

  • TOKYO, April 16- Japan's Sharp Corp and its main banks are to meet on Thursday to agree on a $1.7 billion rescue and restructuring plan for the loss-making electronics maker, a person involved in the discussions said. An agreement between the Osaka- based company and its main lenders, Mizuho Bank and Bank of Tokyo-Mitsubishi UFJ, would be Sharp's second big bailout...

  • TOKYO, April 16- Japanese stocks slipped to more than a one-week low on Thursday morning as investors cut back on some recent outperformers including food companies and drugmakers, while Sharp Corp surged on restructuring hopes. Rising oil prices lifted oil and mining stocks, with Inpex Corp soaring 3.6 percent, Japan Petroleum Exploration gaining 2.1...

  • Asian shares mixed in choppy trade after China GDP Wednesday, 15 Apr 2015 | 3:10 AM ET

    Asian stocks saw choppy trade on Wednesday following China's first-quarter gross domestic product.

  • FUKUI, Japan, April 14- A Japanese court will rule on Tuesday whether to block the restart of nuclear reactors in western Japan on safety grounds, in a case that could complicate Prime Minister Shinzo Abe's push to return to atomic energy after the 2011 Fukushima disaster. A three-judge panel is to rule on the injunction request against Kansai Electric's...

  • TOKYO, April 14- A Japanese court will rule later on Tuesday on an injunction request against reactors owned by Kansai Electric Power, in a case that could derail Japan's slow return to nuclear power after the 2011 Fukushima disaster. A panel of judges is due to rule on the injunction request against Kansai Electric's Takahama reactors west of Tokyo at 0500 GMT.

  • Is Sharp running out of options? Tuesday, 7 Apr 2015 | 6:42 PM ET
    Advertisements of Japanese electronics giant Sharp are displayed at an electric shop in Tokyo.

    News that Sharp may be moving to spin off its LCD panel-making unit has buoyed appetite for its stock, but analysts remain unsure about the outlook for the troubled consumer electronics giant.

  • U.S. Federal Reserve

    Asian stocks outside Japan rose on Monday as investors believed that an unexpectedly weak nonfarm payrolls report will delay interest rate hikes in the U.S.

  • TOKYO, April 6- Tokyo shares fell on Monday as weak U.S. jobs data soured risk appetite, but Sharp Corp jumped after a source said it may spin off its LCD panel business and seek financing from a government-backed fund. The Nikkei 225 index ended 0.2 percent lower at 19,397.98 points. Sharp jumped 6.1 percent after a source said it may spin off its LCD panel business...

  • *Toshiba tumbles after saying it will appoint committee to investigate earnings. *Tomony Holdings jumps after saying it considers buying MUFG affiliate. TOKYO, April 6- Japan's Nikkei share average fell on Monday as weak U.S. jobs data soured sentiment, but Sharp Corp jumped after a source said it may spin off its LCD panel business and seek financing from a...

  • Asian stocks advanced amid choppy trade on Friday as traders looked ahead to the release of the closely-watched U.S. jobs report.

  • 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...