Eurosclerosis may finally have hit the technology sector.
Japan reported Thursday a record trade deficit for fiscal year 2011 as exports tumbled on account of falling global demand and a nuclear energy crisis that resulted in the rise of oil and gas imports.
The International Monetary Fund said Wednesday it has received pledges worth $320 billion to boost a global firewall against Europe's debt crisis.
Japan's exports rose in March from a year earlier for the first time in six months, mainly on the strength of U.S. sales, but high fuel imports pushed the trade balance back into deficit and manufacturers remain cautious about business in months ahead.
Bank of Japan Governor Masaaki Shirakawa stressed on Wednesday the central bank is fully committed to continuing powerful monetary easing, but warned that central banks can only buy time for governments to pursue structural reforms.
Bank of Japan Governor Masaaki Shirakawa said on Wednesday the central bank is fully committed to continuing powerful monetary easing through various measures, such as keeping interest rates practically at zero and purchasing financial assets until 1 percent inflation is in sight.
Bank of Japan Governor Masaaki Shirakawa said on Wednesday the central bank is fully committed to continuing powerful monetary easing through various measures, such as keeping interest rates practically at zero and purchasing financial assets until 1 percent inflation is in sight.
Asian shares moved in a narrow range Thursday after the previous day's rally as investors grew cautious ahead of a key Spanish bond sale that would test the market's risk appetite as concerns mounted over the euro zone's debt crisis.
From Rogaine to hair plugs, there have been many strides made to induce hair regrowth for bald or balding heads, but a new Japanese study found a possible cure to baldness by using stem cells. Using stem cell therapy, scientists at the Tokyo University of Science in Japan led by Takashi Tsuki gave a hairless mouse a Mohawk by regenerating hair follicles as seen in a shocking photo and video released by researchers.
General Electric Co. is expected to report slightly weaker first-quarter earnings because of a backlog of low-margin thermal and industrial equipment plus slow health care revenue growth.
Japan slashed its oil purchases from Iran in April, cutting imports from the Islamic Republic by nearly 80 percent.
Asian stock markets rallied on Wednesday as sentiment was boosted by a successful Spanish debt auction and strong global growth forecast from the International Monetary Fund (IMF).
Japan's Sony Corp is in talks with Taiwan's AU Optronics Corp to jointly produce next-generation OLED televisions, the Yomiuri Shimbun reported, positioning itself for the post-liquid crystal display TV market.
Asian shares rose on Wednesday as firm demand at Spanish debt sales and positive U.S. corporate earnings boosted investor confidence in riskier assets.
Stabilizing risk appetite lifted Asian shares and riskier currencies Wednesday, after firm demand at Spanish debt sales, positive corporate earnings, and improved sentiment in Germany boosted investor confidence.
The Tokyo Skytree Tower--the world's tallest freestanding broadcast structure -- opened its doors to members of the media on Tuesday, boasting sweeping views of the city's skyline.
Good corporate earnings, falling Spanish interest rates and an upward revision in the International Monetary Fund's outlook for the U.S. economy on Tuesday offset a weak housing report to lift equities and industrial commodities.
The International Monetary Fund on Tuesday appeared to be inching toward a deal on boosting its financial firepower with Japan, Sweden and Denmark committing a total of $77 billion to help contain the euro zone debt crisis.
Global growth is slowly improving as the U.S. recovery gains traction and dangers from Europe recede, but risks remain high and the situation is very fragile, the International Monetary Fund said on Tuesday.
Shintaro Ishihara may not be a household name in the United States. But in East Asia, he is often at the center of international controversy because of nationalistic-themed statements that regularly infuriate China and South Korea -- and on Monday, he did it again.
Emergency architect Shigeru Ban has designed a cardboard cathedral to replace the iconic ChristChurch Cathedral in New Zealand's quake-ravaged city.
Asia is experiencing an increase in newspaper circulation, giving hope to newspaper publications that fear their eclipse in western countries, such as the United States.
