JAPAN

Japan's Fanuc to build machine tools factory: report

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Japan industrial robot maker Fanuc Ltd <6954.T> plans to build a new factory near Tokyo to double its domestic output capacity of machine tools to produce parts of smart phones by the end of the year, the Nikkei financial daily reported on Sunday.

Europeans Take Action on the Web Piracy Treaty ACTA

A demonstrator braving freezing temperatures and snow, holds an anti-ACTA (Anti-Counterfeiting Trade Agreement) banner during a protest in Bucharest, February 11, 2012.
Tens of thousands of protesters took part in rallies across Europe on Saturday against an international Anti-Counterfeiting Trade Agreement they fear will curb their freedom to download movies and music for free and encourage Internet surveillance by governments.
Google claims that it's new privacy policy helps advertisers target users more accurately

Google Wallet Has Security Risk: Researchers

Security researchers said they found vulnerability in the Google Inc mobile payments platform which is currently available in phones sold by Sprint Nextel Corp. They said that Google Wallet has security risk.
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Exclusive: Future of bank benchmark rate under review

A global probe into whether banks colluded to set the interest rates at which they borrow money from each other has thrown into question the future of the benchmark they use to price financial products worth an estimated $360 trillion.
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Japan Priest Fights Invisible Demon: Radiation

On the snowy fringes of Japan's Fukushima city, now notorious as a byword for nuclear crisis, Zen monk Koyu Abe offers prayers for the souls of thousands left dead or missing after the earthquake and tsunami nearly one year ago.
Multi-touch function in PS Vita

PS Vita Games: Price Drop for Digital Downloads Confirmed

Sony is offering consumers the opportunity to buy PS Vita games at a discounted price if they purchase their games online through the Sony Entertainment Network (SEN) in an effort to increase sales and cut out middle men like video game retailer Game Stop.
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Sony's Hirai to Extend PlayStation Strategy

Incoming CEO Kazuo Hirai aims to re-shape Sony Corp by linking hardware and software through online networks -- a model he used at its PlayStation unit -- dismissing any suggestion the battered brand would revert to a gadget-centered strategy under his management.
File photo of man walking past a logo of Alibaba (China) Technology Co. Ltd at its headquarters on the outskirts of Hangzhou

Eyeing Yahoo Deal, Alibaba May Take HK Unit Private

Chinese e-commerce group Alibaba plans to take private its Hong Kong-listed unit, two sources familiar with the matter said, as part of a complex deal that would strengthen founder Jack Ma's control and give key stakeholder Yahoo cash and a direct stake in one of Alibaba's operating businesses.
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Analysis: Beyond Chinese New Year data skew, a bear lurks

Trying to track China's economic course during the Lunar New Year can leave analysts howling at the moon. January auto sales tumbled, yet oil imports were the third highest on record. A measure of factory activity picked up, but trade data was weak.
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Doubts on Greece Deal Weigh on Asian Stocks, Euro

The euro and Asian shares pulled back Friday as investors remained concerned about prospects of restructuring Greece's debt and global lenders demanded more steps even after it struck a long-awaited deal on fiscal reforms.
Tadashi Shoji

New York Fashion Week 2012: Tadashi Shoji Brings Us to 1930s Shanghai

Tadashi Shoji took New York Fashion Week 2012 attendees to another era. In the middle of Manhattan, Fashion Week guests felt like they had been swept away to another time and place. They entered Shanghai in the 1930s, surrounded by chantilly lace, chiffon, high necks, cap sleeves, tiers, velvet and embroidery.
Sony&#039;s Walkman, a portable music player, is displayed in Tokyo

CEO Hirai to Network Sony Content and Gadgets

Incoming Sony CEO Kazuo Hirai aims to re-shape the company by linking hardware and software through online networks - a model he used at the PlayStation maker's computer entertainment unit.
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SEC charges insider trading in Takeda pharma deal

U.S. market regulators charged a former employee of Takeda Pharmaceutical Co Ltd with making $63,000 in illegal profits on inside information about the company's 2008 agreement to acquire Millennium Pharmaceuticals Inc.
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German court says Samsung can sell reworked tablet

Samsung Electronics Co Ltd's reworked tablet PC does not look like a copycat version of the iPad, a German court said, affirming a preliminary assessment and dealing another legal blow to Apple Inc.
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Alibaba.com shares halted; Yahoo update?

Trading in shares of Alibaba.com Ltd was halted on Thursday pending an announcement regarding its parent, Chinese e-commerce giant Alibaba Group, which reportedly plans to buy back the 40 percent stake in it held by Yahoo Inc.
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JPMorgan replaces Asia fixed income sales head: sources

JP Morgan has replaced Asia ex-Japan fixed income investor sales head Simon Derrick with Sharad Desai and Sudhir Goel as part of a reorganization of its business in the region, according to sources familiar with the matter.
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Greek Standoff Weighs on Asian Markets, Euro

Asian shares and the euro struggled Thursday, as sentiment grew cautious after Greek political leaders failed to conclude a deal for a bailout package crucial to avoiding a messy debt default.

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