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  • Panasonic withdraws from TV production in China: Source Saturday, 31 Jan 2015 | 1:34 AM ET

    Panasonic Corp has stopped making TVs in China and plans to liquidate its joint venture in Shandong due to strong pricing pressure, a company source said on Saturday.

  • Panasonic withdraws from TV production in China: source Saturday, 31 Jan 2015 | 12:48 AM ET

    TOKYO, Jan 31- Panasonic Corp has stopped making TVs in China and plans to liquidate its joint venture in Shandong, a company source said on Saturday, the latest in a string of Japanese electronics companies exiting overseas TV markets amid strong pricing pressure. The source, who did not want to be identified because the move had not yet been announced to the...

  • Business events scheduled for the coming month Friday, 30 Jan 2015 | 1:35 PM ET

    WASHINGTON— Commerce Department releases personal income and spending for December, 8:30 a.m.; Institute for Supply Management releases its manufacturing index for January, 10 a.m.; Commerce Department releases construction spending for December, 10 a.m.. WASHINGTON— Commerce Department releases factory orders for December, 10 a.m.. TOKYO— Panasonic...

  • Business events scheduled for the coming week Friday, 30 Jan 2015 | 1:33 PM ET

    WASHINGTON— Commerce Department releases personal income and spending for December, 8:30 a.m.; Institute for Supply Management releases its manufacturing index for January, 10 a.m.; Commerce Department releases construction spending for December, 10 a.m.. WASHINGTON— Commerce Department releases factory orders for December, 10 a.m.. TOKYO— Panasonic...

  • *SoftBank bucks weakness after Alibaba's revenue disappoints. TOKYO, Jan 30- Japan's Nikkei share average rose on Friday as strong company earnings in the United States and at home from the likes of Nomura Holdings and Advantest Corp buoyed investors' risk appetite. Nomura Holdings Inc rose 3.1 percent after reporting the biggest jump in its quarterly profits...

  • Business events scheduled for the coming week Thursday, 29 Jan 2015 | 1:37 PM ET

    WASHINGTON— Commerce Department releases personal income and spending for December, 8:30 a.m.; Institute for Supply Management releases its manufacturing index for January, 10 a.m. Eastern; Commerce Department releases construction spending for December, 10 a.m.. WASHINGTON— Commerce Department releases factory orders for December, 10 a.m..

  • Nickelodeon owner Viacom Inc. merely said that the offering will have its own brand name. Viacom CEO Philippe Dauman said the new service "will target the fast-growing mobile market will be very attractive for parents and children. CBS already has a $6- a-month service that includes live television for those who live in 14 markets with CBS- owned stations.

  • MUMBAI, Jan 29- The Indian government has asked tax officials to apply the principle behind a tax ruling in favour of Vodafone Group Plc to all similar cases, a major boost to foreign firms including Royal Dutch Shell PLC. Tax lawyers said they expected the government order to impact all the past and future cases involving tax on shares issued by a company to...

  • TOKYO/ OSAKA, Jan 28- Japanese video game maker Nintendo Co on Wednesday issued a profit warning with a silver lining- even as it sells fewer consoles, the sharp weakening of the yen means overseas sales will inflate its net income this fiscal year. While operating profit still grew nearly 50 percent in October-December from a year earlier, the third quarter is...

  • TOKYO, Jan 28- Japanese stocks rose to a fresh one-month high on Wednesday as expectations of strong corporate earnings and a weaker yen boosted investor sentiment. Market participants were also buying on expectations that Wall Street shares would recover Tuesday's losses on Wednesday, as U.S. stock futures rebounded during Asian hours.

  • *Sony rises after report it will cut about 1,000 jobs. *Komatsu, Hitachi Construction off on Caterpillar earnings. TOKYO, Jan 28- Japan's Nikkei share average retreated from a one-month high on Wednesday morning as disappointing U.S. earnings and weak U.S. economic data triggered profit-taking, while Sony Corp outperformed after sources said it will cut about...

  • TOKYO, Jan 28- Sony Corp plans to cut around 1,000 additional jobs in its struggling smartphone division as it tries to bring its electronics business back into the black, sources said on Wednesday. Sony, which has cut its earnings forecasts six times on Hirai's watch, has forecast a 230 billion yen net loss for the business year to March, suspending dividend...

  • Jan 27- Electronic Arts Inc, publisher of the "FIFA" and "Madden NFL" video games, posted better-than-expected quarterly profit and revenue, helped by growth in digital revenue and strong sales of its sports titles. Consumers lapped up heavily discounted older generation version of consoles such as Microsoft's Xbox 360 and Sony's PlayStation 3 in the holiday...

  • Sony to cut 1,000 jobs in smartphone business - Nikkei Tuesday, 27 Jan 2015 | 2:28 PM ET

    Jan 27- Sony Corp plans to cut another 1,000 jobs in its smartphone division, mainly in Europe and China, the Nikkei business daily reported. The cuts are in addition to the 1,000 jobs Sony said it would eliminate in its mobile unit in October, the Nikkei said. Overall, Sony's mobile division workforce will shrink by about 30 percent to 5,000 by the end of the fiscal...

  • Jan 27- Corning Inc said it expects strong demand for its Gorilla glass, which is used by Apple Inc and Samsung Electronics Co Ltd, to boost sales at its specialty materials business by 10 percent in the first quarter. The top brands, Samsung and Apple, both of which use Gorilla glass, shipped 518 million units. Corning, which also supplies LCD panels to consumer...

  • Asian shares hit fresh highs on Tuesday, as investors deemed a Greek exit from the euro zone unlikely.

  • The Navy SEAL marksman drama starring Bradley Cooper stayed in first place in its second weekend in wide release, earning $64.6 million. 1. "American Sniper," Warner Bros., $64,628,304, 3,705 locations, $17,444 average, $200,400,417, 5 weeks. 2. "The Boy Next Door," Universal, $14,910,105, 2,602 locations, $5,730 average, $14,910,105, 1 week.

  • Midday movers: IBM, Generac, Mattel & more Monday, 26 Jan 2015 | 12:48 PM ET

    Some of Monday's midday movers:

  • HONG KONG— Hackers defaced the website of Malaysia Airlines on Monday and threatened to dump stolen information online after posting a glimpse of customer data obtained in the attack. The airline's site was down for at least seven hours, replaced by a message from the Lizard Squad hacker group, before the company brought it back online by mid-afternoon in...

  • HONG KONG— Malaysia Airlines officials were struggling Monday to restore the embattled carrier's website after it was hacked by a group proclaiming support for Islamic State group. The Lizard Squad group last year claimed it was behind attacks on Sony's online PlayStation network and Microsoft's Xbox site. In August, it also tweeted to American Airlines...