JAPAN

Kim Jong-il: Top 10 Strange Facts About the 'Dear Leader'

The leader died on a train, which he greatly preferred over an airplane while travelling. He was morbidly scared of flying and, though his death presumably had nothing to do with the train, one can't miss the irony of his death.
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Olympus Corp's digital camera is seen through a show window which bears rain drops and reflects lights from traffic at an electronic shop in Tokyo

Olympus Tells Lenders Cash Crunch Looms: Report

Japan's disgraced Olympus Corp, whose balance sheet took a massive hit after it admitted to a long-running accounting cover-up, told lenders its cash and deposits could run out in 2015, a newspaper reported on Saturday.
Olympus Corp's digital camera is seen through a show window which bears rain drops and reflects lights from traffic at an electronic shop in Tokyo

Olympus Corp. Tells Lenders Cash Crunch Looms: Report

Japan's disgraced Olympus Corp, whose balance sheet took a massive hit after it admitted to a long-running accounting cover-up, told lenders its cash and deposits could run out in 2015, a newspaper reported on Saturday.
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Silver Lake, Microsoft working on new Yahoo stake offer: source

A consortium of private equity group Silver Lake, software giant Microsoft Corp and venture capital firm Andreessen Horowitz are reworking their bid for a minority stake in Internet company Yahoo Inc, a source familiar with the matter said on Friday.
The Yahoo! offices are pictured in Santa Monica - April 18, 2011.

Microsoft, Silver Lake Working on New Yahoo Stake Offer: Source

A consortium of software giant Microsoft Corp., private-equity group Silver Lake, and venture-capital firm Andreessen Horowitz are reworking their bid for a minority stake in Internet company Yahoo Inc., a source familiar with the matter said on Friday.
British actor Bale and Chinese director Zhang attend the premiere of "The Flowers of War" in Beijing

Christian Bale Attacked by Guards in China [VIDEO]

In China to promote his new film, actor Christian Bale was assaulted by government-backed guards as he attempted to visit a prominent Chinese activist detained in his home in eastern Shandong Province.
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Inflation eases, creates space for Fed stimulus

Consumer prices were flat in November as Americans paid less for cars and gasoline, a further sign of a cooldown in inflation that could give the Federal Reserve more room to help a still weak economy.
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NASA Revamps, Delays Commercial Space Taxi Work

Budget cuts in a program to spur commercial space taxis will likely keep the United States dependent on Russia to fly astronauts to the International Space Station until 2017, NASA's head of space operations said on Thursday.
Sony Vita

Sony Hopes Vita Launch Will Tackle iPhone Gaming Trend

Sony is launching Vita in Japan on Saturday, hoping the company's first new handheld video game system in seven years will get the company's game business going again now that many consumers have turned to Apple's iPhone, the world's bestselling smartphone, for entertainment.
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Asian Shares and Euro Gain on Upbeat U.S. Data

Asian shares rose and the euro edged higher Friday, as signs of strength in the U.S. economy temporarily broke through gloom over the European debt crisis that had driven a selloff in riskier assets over the past three days.
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Japan Aims to Bolster M&A Disclosure After Olympus

Japan has signaled plans to strengthen disclosure rules on mergers and acquisitions after a $1.7 billion accounting fraud at Olympus Corp, one of the nation's worst corporate scandals, which involved a series of shady deals.
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Accenture sounds caution as economy sputters

Accenture Plc posted strong quarterly results but the technology outsourcing and consulting company's cautious view of the second quarter amid the worsening global economy sent its shares down after market.
Canadian Finance Minister Flaherty waits while being introduced at the Calgary Chamber of Commerce in Calgary

Canadian economy's trouble spots smoothing out

Canadian industries are operating at a production capacity that is approaching pre-recession levels and the housing market remains strong, according to data on Thursday that offered the prospect of steady, if slower, economic growth.
Michael Kors

Michael Kors makes a glitzy market debut

Michael Kors Holdings Ltd stood out in its market debut, keeping pace with star technology sector IPOs and showcasing the resilience of the luxury market even in a gloomy economy.

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