JAPAN

Asia Markets Close Mixed Thursday, With Some Bargain Hunting

Asia's Markets
Japan's benchmark Nikkei slipped on Thursday ahead of an Italian debt sale that could prove challenging in thin volumes, while the euro's tumble against the yen to a 10-year low pressured exporters. Meanwhile, most other Southeast Asian bourses edged higher on Thursday, helped by late bargain-hunting in big caps and dividend-yielding stocks

Yahoo Has Potential Bidder in Alibaba Group

Yahoo Picks Former PayPal Chair as New CEO
Alibaba Group has hired a Washington lobbying firm in a sign that the Chinese e-commerce company would be willing to make a bid for all of Yahoo Inc. in the event that talks to unwind their Asian partnership fail.
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Greece, Portugal, Ireland Fared Worse in 2011: World Economy Report Card

The world entered 2011 with cautious optimism that things would improve over the gloom of 2009 and 2010. However, the past year has proven to be quite turbulent. The global economy was faced with a myriad of challenges including the European debt crisis, while the overall economic performance in the industrialized world left much to be desired.
Foxconn Seeing To Buy Sharp

LCD Makers Settle Price-Fixing Case for $553 Million

Samsung Electronics Co, Sharp Corp and five other makers of liquid crystal displays agreed to pay more than $553 million to settle consumer and state regulatory claims that they conspired to fix prices for LCD panels in televisions, notebook computers and monitors.
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Iran oil threat buoys crude, curbs shares

Iran's threat to stop the flow of oil from the Gulf supported crude prices on Wednesday and put world shares on the back foot, while looming Italian debt auctions hampered the euro.
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Asian shares slip in thin trade, oil steady on Iran

Asian shares fell on Wednesday in low volume with many market players away for year-end holidays, while oil held on to the previous day's gains on concerns about possible supply disruptions after Iran threatened to stop the flow of oil from the Gulf.
Ford Fusion

U.S. Auto Sales Grow for Third Year, with 'no Clunkers'

A large part of Jesse Toprak's job as the chief automotive industry analyst for TrueCar.com is to advise consumers on which cars to target -- and the clunkers to avoid. In 2011, though, something changed within the United States automotive industry. There are very few, if any, clunkers.
Foxconn Seeing To Buy Sharp

LCD makers in $553 million U.S. price-fixing accord

Samsung Electronics Co, Sharp Corp and five other makers of liquid crystal displays agreed to pay $553 million to settle consumer and state regulatory claims that they conspired to fix prices for LCD panels in televisions, notebook computers and monitors.
A worker prepares a display of Sharp flat panel televisions for the 2009 International Consumer Electronics Show (CES) at the Las Vegas Convention Center in Las Vegas.

LCD Makers in $539 Million Price-Fixing Accord

Samsung Electronics Co, Sharp Corp and five other makers of liquid crystal displays agreed to pay $539 million to settle claims they conspired to fix prices and stifle competition for LCD panels in televisions, notebook computers and monitors, according to a court filing.
Europe's Markets

Europe's Markets Inch Higher Tuesday at Mid-Day

European stocks crept higher on Tuesday, catching the tailwind of a pre-holiday U.S. rally, while the euro was hamstrung by the prospect of a large Italian debt auction later in the week.
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Debt-riddled Japan relaxes decades-old arms exports ban

Debt-riddled Japan Tuesday relaxed its self-imposed decades-old ban on military equipment exports in a move that will open new markets to its defense contractors and help the nation squeeze more out of its defense budget.
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Asian shares ease in thin trade, U.S. data awaited

Asian shares eased on Tuesday as investors squared positions in thin volume before U.S. markets reopen after a long weekend and investors see fresh data that could offer clues about prospects for the world's largest economy.
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Japan says it, India close to deciding dollar swap pact

Japan and India are in the final stages of deciding on a dollar swap agreement and expect to reach agreement during Japanese Prime Minister Yoshihiko Noda's visit to India this week, Japan's finance minister said on Tuesday.
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Asian shares steady in thin holiday trade, U.S. market eyed

Asian shares were steady on Tuesday in thin volume as investors took to the sidelines before U.S. markets reopen later in the day from a long weekend and data which could offer clues over growth prospects in the world's largest economy.
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Japan hopes Europe will boost rescue mechanism: sources

Europe should boost the total firepower of its rescue fund and frontload its funding to send a positive signal to investors and international partners that it is determined to solve its debt crisis, Japanese officials said on Monday.
Members of a group called "Planking Thailand" make a cross formation, to urge people to vote, a day before advance voting commences in Bangkok June 25, 2011.

Top 10 Facebook Sensations of 2011

Internet and Facebook have seen exponential growth in activities during this year that was considered as sensations, such as planking, owling, plowling, horsemaning, levitating girl, batmanning, leisure diving, teabowing, teapotting, and plumbking.

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