Israeli Defence Minister Ehud Barak said on Thursday Iran's announcement of new nuclear achievements was exaggerated and meant to fend off action against the Islamic republic.
The government stuck to its assessment that Japan's economy is slowly picking up on Thursday and raised its view on consumer spending for the first time in six months, after a resumption of subsidies for fuel-efficient cars boosted sales.
Asian shares fell and the euro slipped to a 3-week low on Thursday as another delay in cementing a crucial bailout for Greece underscored how far Europe is from resolving a debt crisis that threatens the stability of the financial system.
According to a statement by the Tokyo District Public Prosecutor's Office, the former Olympus Corp. Chairman Tsuyoshi Kikukawa was arrested by Japanese prosecutors in one of the biggest ever financial scandals to hit Japan.
Yahoo Inc's efforts to craft a complex $17 billion asset swap with its Asian partners stumbled over how to value Taobao, the fast-growing online retail business owned by China's Alibaba Group, according to sources familiar with the matter.
Asian shares and the euro fell Thursday as another delay in cementing a crucial bailout for stricken Greece underscored how far Europe is from resolving a debt crisis that threatens the stability of the financial system.
Three former executives of Japan's disgraced Olympus Corp were arrested on Thursday over their role in a $1.7 billion accounting fraud at the maker of medical equipment and cameras, Japanese media reported.
Three former executives of Japan's disgraced Olympus Corp were arrested on Thursday over their role in a $1.7 billion accounting fraud at the maker of medical equipment and cameras, Japanese media reported.
Three former executives of Japan's disgraced Olympus Corp face possible arrest this week over their role in a $1.7 billion accounting fraud at the maker of medical equipment and cameras, Japanese media said on Thursday.
Three former executives of Japan's disgraced Olympus Corp face possible arrest this week over their role in a $1.7 billion accounting fraud at the maker of medical equipment and cameras, Japanese media said on Thursday.
General Electric Co believes China's economy, a key source of revenue growth for the largest U.S. conglomerate, will slow this year but not substantially below 8 percent, said the executive who runs the company's international operations.
A new cold strain found in four children in Bangladesh could pose a serious threat to public health, according to research released Wednesday.
On the same day that the new Twisted Metal video game for the PS3 was released, Sony announced that its movie studio is planning to produce a Twisted Metal film. Brian Taylor, who directed Ghost Rider and Crank, is set to write and direct. The movie has no release date as of yet, but until then check out the trailers for the top five movies based on video games.
President Barack Obama has the chance to change world economic development when he selects the next President of the World Bank, the outgrowth of World War II-era plans to use rich counties to spearhead economic growth.
The most expensive cities in the world according to the Economist Intelligence Unit’s latest Worldwide Cost of Living Survey are...
Japan Airlines will order 10 additional 787 airplanes from the Boeing Co. (NYSE:BA) , it said on Wednesday.
New Yahoo CEO Scott Thomson faces a new nightmare: activist shareholder Third Point Capital has upped its holdings and launched a proxy battle to control the company.
Samsung Electronics Co said on Wednesday it was considering spinning off its loss-making LCD flat-screen business in a surprise move as it seeks to orient its components business towards OLED displays, touted as the next-generation technology that will replace LCD TVs.
From China to Japan, to the Empire State Building in New York City, people from across the world celebrated the day of love with their loved ones.
China's defense budget is set to double by 2015, which will be more than the combined spend of all other key defense markets in Asia Pacific, a global think tank has said.
Talks between Yahoo Inc and China's Alibaba Group over the U.S. Internet giant's Asian assets have hit an impasse, throwing their plans for a $17 billion tax-free asset swap into question, according to sources briefed on the situation.
Yahoo Inc and its Asian partners, China's Alibaba and Japan's Softbank Corp, have called off talks over a sale of the U.S. company's Asian assets, tech blog AllThingsDigital cited sources as saying on Tuesday.
