Toshiba Pays $850m for IBM’s Retail Products Unit
Japanese electronics giant Toshiba said Tuesday it would pay about $850 million for IBM's retail products unit,…
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Japan
Japan Pledges $60 Bln To IMF
Japan vowed it will provide $60 billion in loans to the International Monetary Fund, the first non-European nation…
Sony Misses a Standout Feature in Recovery Strategy
Sony has little chance of winning back its reputation as an innovator or vaulting ahead of stronger rivals with the…
GCC Exports to Japan Increases by 40% in 2011
A sharp increase in oil prices boosted exports of goods by the UAE and five other Gulf hydrocarbon producers to…
Sony Expects Changes amid Job Cuts
Sony Corp said it is to cut around 10,000 jobs — 6 % of its global work force — as new CEO Kazuo Hirai moves to…
Toyota Launches the Production of SUVs in Egypt
Toyota, together with assembly subcontractor Arab American Vehicle Co (AAV), has begun producing Fortuner SUVs in…
Sharp Forecasts to Record Full-Year Loss of $4.7bln
Tokyo Japanese electronics giant Sharp said Tuesday it would report a record full-year loss of $4.7 billion, as the…
Nikkei Lower For Sixth Day Amid BOJ Holds Fire
Japan's Nikkei share average fell for a sixth straight day on Tuesday, if only by 0.1 percent, after the Bank of…
Sony Cuts 10,000 Jobs
Japan's Sony Corp is cutting 10,000 jobs, about 6 % of its global workforce, the Nikkei newspaper reported on…
Nikkei Records Fifth-Day Dip On Weak US Jobs Report
Japan's Nikkei average fell 1.5 percent to post its fifth straight day of losses on Monday, with a weak U.S. jobs…