Toshiba Corp., Japan's biggest chip maker, booked a 72 percent fall in quarterly operating profit on Tuesday and slashed its annual profit forecast as a strong yen and the Eurozone debt crisis hit profits.
Japan's Nikkei share average ended nearly flat on Tuesday, but logged its best January performance in 13 years as investors remained optimistic that the U.S. economic recovery could offset disappointing domestic corporate earnings.
Honda Motor Co forecast a worse-than-expected 65 percent drop in profit for the year to March after natural disasters in Japan and Thailand hammered it harder than its rivals while the strong yen delivered an added blow.
Honda Motor Co posted a 65 percent slide in quarterly operating profit on Tuesday and forecast the same drop for the full year, when natural disasters in Japan and Thailand hit it harder than rivals.
Honda Motor Co <7267.T> is expected to report a double-digit slide in quarterly operating profit on Tuesday and forecast a still larger drop for the full year, as natural disasters in Japan and Thailand hit it harder than rivals.
The possible release of detained Taliban leaders is likely to join Iran's nuclear ambitions at the top of a busy agenda when the top seven American intelligence chiefs testify before the Congress this week.
Southeast Asian carriers are set to profit from the expected surge in the number of leisure and business travellers to Myanmar as it re-emerges from political isolation.
Travelers hoping to catch a glimpse of the glittering Shwedagon Pagoda or hear the tinkly temple-bells of Kipling's Road to Mandalay might one day be able to book into a Westin or a Marriott, thanks to Myanmar's emergence from political isolation.
Asia's central bankers have yet another reason to hesitate now that the U.S. Federal Reserve looks likely to keep interest rates low for longer.
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Canon's 76-year-old chairman and CEO will take on the additional role of president after the $60 billion Japanese camera and printer maker forecast weak earnings growth and said its current president was stepping down.
Canon Inc said on Monday its president Tsuneji Uchida would step down and his role would be taken on by chairman and chief executive Fujio Mitarai after the camera and printer maker forecast much weaker-than-expected earnings growth for this year.
Canon Inc posted a 14 percent rise in quarterly operating profit on Monday, as it battled the impact of a strong yen and floods in Thailand with cost cuts and increased automation.
Canon Inc forecast weaker-than-expected earnings growth for 2012, citing worries over a slowing global economy and a strong yen that are likely to weigh on the export-dependent camera and printer maker's profits.
The combination of beauty and brains is considered a rare phenomenon. We present the six most powerful and glamorous female politicians...
Asian elephants, which have been on the list of endangered species since 1976, are now facing a new threat: Thailand's taste for eating elephant meat.
Ford Motor Co is poised to report its biggest annual profit in 13 years on Friday after an accounting change that signals the No. 2 U.S. automaker's belief it can remain profitable.
Travellers hoping to catch a glimpse of the glittering Shwedagon Pagoda or hear the tinkly temple-bells of Kipling's Road to Mandalay might one day be able to book into a Westin or a Marriott.
India celebrated its 63rd Republic Day Thursday, displaying its military strength and rich cultural heritage.
Thailand's Prime Minister, Yinluck Shinawatra, is the Guest of Honor at the celebration of India's 63rd Republic Day. She is in the country on a three-day visit. Check out some of her looks on this visit to India...
Megaupload founder Kim Dotcom (formerly Kim Schmitz) was denied bail by a New Zealand court on Wednesday after a judge and prosecutors determined he was an extreme flight risk.
Advanced Micro Devices Inc forecast lower quarterly revenue as a shortage of hard drives and a shaky economy hurt PC makers, sending its shares lower in after-hours trading.