Wall Street's upbeat performance overnight, helped by a subside in geopolitical tensions, elevated Asian bourses to fresh closing highs on Tuesday.» Read More
Sony said it would step up a broad restructuring to tackle bloated costs and exit some unprofitable businesses.
TOKYO, May 14- Sony Corp said on Wednesday it would implement tough restructuring measures this financial year and warned it would post a second consecutive year of net losses as it tries to turn around its struggling electronics business.
TOKYO, May 14- Sony Corp said on Wednesday it expects to log a 50 billion yen net loss this financial year, its sixth in seven years, and plans additional restructuring measures that include its loss-making PC operations. Sony made a 128.4 billion yen net loss for the 2013/ 14 financial year that ended March 31, in line with its own forecast of a 130 bln net loss.
TOKYO, May 13- Japanese stocks jumped 2 percent to a 1-1/ 2- week high on Tuesday as a weaker yen lifted exporters, while Nissan Motor Co and Sharp Corp gained on hopes that their perceived conservative forecasts suggested more upside to their earnings. The benchmark Nikkei share average ended 275.92 points higher at 14,425.44, the highest close since May 2.
Asian shares were mixed on Friday in quiet trade with many regional markets shut for the Easter holidays, except for Japan, China and South Korea.
Asian equities were mostly lower on Monday following declines on Wall Street and as tensions between Ukraine and Russia weighed on sentiment.
*Dip-buying in Toyota and other large-caps supports. TOKYO, April 14- Tokyo stocks slipped to a fresh six-month low on Monday as market sentiment stayed fragile after a rocky session on Wall Street and on escalating tensions in Ukraine. Bargain hunting in large caps like Toyota Motor Corp offered some support and helped the benchmark Nikkei trim earlier losses.
Asian stocks ended mixed on Thursday following mini-stimulus measures from China and positive U.S. data.
*China stimulus steps lift construction machinery makers. TOKYO, April 3- Japanese stocks rose to three-week highs on Thursday morning, spurred by gains in construction equipment makers on news China is taking steps to stimulate its economy and on another set of solid data in the United States.
TOKYO, April 2- The future of Apple Inc's supply chain for its flagship smartphones has come under industry scrutiny as people familiar with the matter said Apple is in talks to buy control of a Japanese venture that makes key semiconductors for its iPhone screens.
*Apple interested, could pay 500 bln yen by summer- Nikkei. TOKYO, April 2- Renesas Electronics Corp is talking with Apple Inc and other potential buyers of a stake in a smartphone display chip unit, as the struggling Japanese chipmaker restructures its business around the automotive industry, said a person familiar with the matter.
*Apple interested, could pay 500 bln yen- Nikkei. TOKYO, April 2- Japanese chipmaker Renesas Electronics Corp said it was considering selling a unit that designs display control chips, and media reports said Apple Inc is in talks to buy it for about 50 billion yen. The unit, Renesas SP Drivers, designs chips for Apple's iPhone, according to industry sources.
April 2- Apple Inc is in talks to buy Japan- based Renesas Electronics Corp's stake in a unit that designs liquid crystal display chips for iPhones for about 50 billion yen, the Nikkei reported, without identifying a source. Apple expects to complete the stake purchase by summer, the business daily reported on Tuesday.
TOKYO, April 1- Apple Inc suppliers will begin mass producing displays as early as May for the next iPhone, expected to be launched this autumn, with a 4.7- inch screen likely to be produced first while a 5.5- inch version could be delayed, supply chain sources said.
Asian stocks were mixed on Thursday as investors fretted about tougher sanctions against Russia.
Asian stock markets closed mostly lower on Tuesday following losses on Wall Street overnight and as investors fretted over Ukraine and China.
Asian stocks rose on Monday after weak Chinese data raised hopes of fresh monetary stimulus.
Asian stocks declined on Thursday after Fed Chair Janet Yellen suggested interest rate hikes could happen sooner than expected.
Shares of Japan Display plunged on their trading debut Wednesday, with analysts attributing the dismal performance to the mispricing of its stock.
Asian equity markets sold off sharply across the board on Friday amid a flight-to-safety.