JAPAN

Hitachi says aims to cut costs 5 percent by 2015/16

IBTimes Logo
Japan's Hitachi Ltd <6501.T> said on Tuesday that it aimed to cut annual operating costs by 5 percent in four years, enabling the company to invest more in its growing infrastructure and telecommunications businesses.

Asian Shares Up, Dollar Down On Bernanke Statement

IBTimes Logo
Asian stocks rebounded Tuesday and the dollar eased after Federal Reserve Chairman Ben Bernanke said ultra-loose monetary policy was still needed to reduce unemployment even though the U.S. economy has shown signs of improvement.
More news
Obama

Obama And China Warn North Koreans Against Rocket Launch

Leading up to the nuclear summit in South Korea this week, Obama and Hu both expressed their serious concern about the launch, which was first described by North Korea as a peaceful launch of an earth observation satellite.
Obama Lee Korea

Obama Warns North Korea Against Rocket Launch

President Barack Obama, visiting South Korea, called on the Communist North Sunday to call off a planned rocket launch, and warned that food aid in return for disarmament would be at risk.
An employee poses with Samsung Electronics&#039; Galaxy phones at a store in Seoul March 14, 2012.

Insight: Samsung: 'Fast Executioner' Seeks Killer Design

When Samsung Electronics rushed its first smartphone to market in a panicky response to the smash-hit debut of the Apple iPhone, some customers burned the product on the streets or hammered it to bits in public displays of disaffection.
IBTimes Logo

Famous Ancient Sunken Cities Around the World (PHOTOS)

Venice could sink by up to three inches by 2032 at a rate much faster than previously thought, according to a study. It would gradually join the list of several cities that once thrived well before being swallowed up by oceanic waves that are assumed to have resulted from massive earthquakes and tsunamis.
IBTimes Logo

Stock index futures point to slightly higher opening

Stock index futures pointed to a slightly higher open on Wall Street on Friday, with futures for the S&P 500 up 0.1 percent, Dow Jones futures up 0.1 percent and Nasdaq 100 futures 0.4 percent higher at 1040 GMT.
IBTimes Logo

Japan regulator strips AIJ registration: minister

Japan's financial regulator has stripped AIJ Investment Advisors of its registration as an asset manager after the company was unable to account for the bulk of $2.4 billion in pension funds, Financial Services Minister Shozaburo Jimi said.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.