The Nikkei share average edged up on Tuesday after revenue at U.S. aluminum giant Alcoa beat expectations, while Olympus jumped 20 percent on reports it would remain listed, but the benchmark remained stuck below key resistance ahead of events in Europe.
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China's exports and imports grew at their slowest pace in more than two years in December as foreign and domestic demand ebbed, data showed on Tuesday, bolstering expectations of more policy action from Beijing to support the world's number two economy.
Japan's disgraced Olympus Corp is suing 19 current and former executives, including its current president, for up to almost $50 million in compensation, as it struggles to recover from one of the nation's worst accounting scandals.
Bank of America-Merrill Lynch is cutting around a fifth of its managing directors across its Asia investment banking division, sources said Monday, in a bid to cut costs as the outlook sours in a once-booming region.
Honda Motor Co <7267.T> unveiled three Acura models at the Detroit auto show on Monday including an entry-level sedan and an NSX supercar as it aims to put the struggling premium brand back on the map in the crowded U.S. luxury market.
Olympus said Tuesday it was suing 19 current and former executives, including President Shuichi Takayama, for up to 3.6 billion yen in compensation and that all current board members subject to the lawsuit would resign in March or April.
Olympus Corp said on Tuesday it was suing 19 current and former executives including President Shuichi Takayama for up to 3.6 billion yen ($46.84 million) in compensation and that all current board members subject to the lawsuit would resign in March or April, as the firm struggles to recover from one of Japan's worst accounting scandals.
Olympus Corp said on Tuesday it was suing 19 current and former executives including President Shuichi Takayama for up to 3.6 billion yen ($46.84 million) in compensation and that all current board members subject to the lawsuit would resign in March or April, as the firm struggles to recover from one of Japan's worst accounting scandals.
DETROIT -- As the music blared and the Dodge Dart rolled out to its debut, the stage shook underneath Dodge CEO Reid Bigland's feet before he stepped off.
Honda Motor Co <7267.T> is looking to put a year of unprecedented difficulties behind it and boost sales in the United States, its biggest market, by a quarter in 2012, executives said on Monday.
DETROIT -- When Joe Baker was doing research for the new concept car he was designing for Chevrolet, one piece of information stood out. Baker, who designed the Code 130R concept, looked most at United States Census data that said 80 million American consumers are approaching the age of 30.
General Motors Co will focus on maintaining profits, not defending U.S. market share gains made at the expense of Japanese rivals, the automaker's top executive said on Monday.
They are apparently on a hunger strike as well.
Good intentions. They come around every year and are practically synonymous with champagne toasts on December 31.
Japan's Olympus Corp has sued its current president and three ex-directors for several million dollars in compensation, sources told Reuters on Monday, as the company seeks to draw a line under one of the nation's worst accounting scandals.
The birth of a Royal baby would likely soar above either Beyonce and Aishwarya in terms of media coverage and public interest.
Japan's Olympus Corp has sued its current president and three ex-directors for several million dollars in compensation, sources told Reuters on Monday, as the company seeks to draw a line under one of the nation's worst accounting scandals.
Wavering already? Not to worry, here are10 destinations to help keep those New Year's resolutions on track.
Japan's Nikkei share average slipped more than 1 percent on Friday, backing further away from its 25-day moving average as investors fretted over the euro zone debt crisis and weakness in the single currency.
Japan's Olympus Corp has sued its current president and three ex-directors for several million dollars in compensation, sources told Reuters on Monday, as the company seeks to draw a line under one of the nation's worst accounting scandals.
American automotive manufacturer General Motors (GM) has thrown down the gauntlet to reigning luxury brands in the market like German companies BMW and Mercedes Benz, by unveiling its compact Cadillac ATS sports sedan.