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Geithner urges more currency flexibility

Treasury Secretary Timothy Geithner said on Thursday that key emerging-market nations must let their currencies rise in value in order permit more stable global growth.
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Japan to Cut Iran Oil Imports

Japan has joined the U.S. in its economic efforts to pressure Iran to abandon its nuclear program by agreeing to buy less Iranian oil.
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Samsung plans hybrid cameras, seeks big sales rise

Samsung Electronics Co aims to more than quadruple sales of small, interchangeable lens cameras this year, as it seeks to move up-market to compete with stronger Japanese rivals amid stagnating growth in the compact camera segment.
The Volkswagen E-Bugster concept car is introduced on the first press preview day for the North American International Auto Show in Detroit, Michigan, January 9, 2012.

VW Reports Record Car Sales for 2011

The car group reports selling 8.16 million sales last year, more than Toyota. Car group sales in India more than doubled, but General Motors could outshine the German automaker.
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China's Internet users breach half billion mark

The number of Internet users in China have crossed the half billion mark, reaching 505 million users at the end of November last year, the China Internet Network Information Center reported.
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At Nomura, Future Direction Hangs on Choice of Bhattal Successor

The abrupt exit of Jasjit Bhattal, the highest-ranking ex-Lehman executive at Nomura Holdings, marks a crucial juncture for Japan's top brokerage as it decides whether to replace him with an experienced global banker to foster expansion, or with an in-house local to focus on the home market.
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Gaming key to Sony profit rebound: executive

Sony Corp's videogaming business, led by its just-launched handheld Vita, will prove pivotal in returning the company to profitability, Kazuo Hirai, the executive pegged to succeed Howard Stringer as president, said on Tuesday.
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Toyota wants North America to become big export base

Toyota Motor Corp's North American operations are looking to become a big exporter as the automaker gets hit by a strong yen that has eroded profits on vehicles shipped from Japan, a top executive said on Tuesday.
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7.3 Quake Shakes Indonesia; Tsunami Warning Canceled

The U.S. Geological Survey said the quake registered 7.3 magnitude, striking off the coast of teh Aceh province just after midnight early Wednesday. The earthquake's center was 18 miles beneath the ocean floor, the USGS said.
Doomsday Clock Moves Closer to World Destruction

'Doomsday Clock' Moves Closer to World Destruction

The hands of a symbolic doomsday clock fell back one minute Tuesday to five minutes to midnight, according to the Bulletin of the Atomic Scientists, a group that monitors global threats such as climate change, nuclear proliferation and human-caused disasters.

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