The United States will help Japan as it copes with the massive earthquake, tsunami and nuclear crisis, and tries to rebuild its state, President Barack Obama said on Thursday, soothing a rift between the two allies over the atomic disaster.
Sony Corp. missed analysts profit estimates for the next fiscal year, largely due to the record earthquake that hit Japan and a string of attacks from hackers.
Sony Corp's forecast of its first annual net profit in four years was viewed as optimistic, as the consumer electronics giant struggles with the aftermath of the disastrous March earthquake and a series of network security breaches.
Japan's Panasonic Corp will have an extremely tough year, with the effects of the devastating March earthquake continuing to hamper sales through September, the head of the electronics giant said on Friday.
Japan's economy shrank much more than expected in the first quarter and slipped into recession after the triple blow of the March earthquake, tsunami and nuclear crisis hit business and consumer spending and tore apart supply chains.
Justin Beiber met with fanst at the U.S. ambassador's residence where he talked with quake victims
Japan's economy shrank 0.9 percent in January-March from the previous quarter, marking a second straight quarter of contraction, Cabinet Office data showed on Thursday, as the March earthquake and tsunami and ensuing nuclear crisis weighed heavily on capital spending and private consumption.
Nissan Motor Co <7201.T> posted a 7.2 percent rise in quarterly operating profit but offered no guidance for the new financial year on Thursday, citing uncertainties over the pace of recovery after the March 11 earthquake disrupted the industry's supply chain.
At least 10 people have died in collapsed buildings and dozens have been injured in the city of Lorca in southeastern Spain after a 5.1 magnitude earthquake struck, according to officials.
Japan's biggest earthquake on record hit Toyota Motor's quarterly profits harder than expected, prompting renewed calls for the government to do more to support Toyota's pledge to keep building large numbers of cars in Japan.
TOKYO (Reuters Life!) - An avid Twitter user's desire to help Japan recover from the devastating March earthquake and tsunami has resulted in a charity e-book based on material gathered from around the world -- all within three days.
Toshiba Corp <6502.T>, Japan's largest chipmaker, reported a 10 percent fall in fourth-quarter operating profit after the March earthquake and tsunami stalled operations at some of its suppliers, prompting clients to look elsewhere.
Japan's third biggest power company on Monday is expected to shut a nuclear plant because of its vulnerability to a major quake, adding to concerns about electricity supplies after a giant quake and tsunami crippled another nuclear facility in March.
The mayor of Mexico City, a quake-prone metropolis of 20 million people, said on Friday he is planning a warning system that will send alerts directly to mobile phones seconds before an earthquake strikes.
Bailed-out insurer American International Group lost more than $1 billion from its ongoing operations in the first quarter, as the company took a huge charge for the termination of its credit facility from the Federal Reserve.
German reinsurer Hannover Re slashed its full-year net profit outlook after heavy claims from earthquakes in Japan and New Zealand took their toll in the first quarter.
U.S. auto sales are expected to show a 16 percent increase for April, as the sales crunch dealt by the Japanese earthquake and tsunami is not expected to show up in new auto purchases until May, automakers and analysts said.
Japanese new vehicle sales in April halved, sinking to the lowest monthly tally on record, as domestic automakers felt the full brunt of the March 11 earthquake that caused unprecedented disruption to car production.
Top Asian car makers Honda Motor <7267.T> and Hyundai Motor <005380.KS> painted vastly different portraits on Thursday, with Hyundai turning in a stellar quarterly performance while Honda struggled to overcome supply woes after Japan's devastating earthquake.
The Bank of Japan sharply cut its economic forecast for the current fiscal year due to last month's devastating earthquake but projected a rebound in the autumn, signaling that it has eased policy enough to keep the economy afloat for now.
Standard and Poor's threatened to cut Japan's sovereign credit rating again, warning the huge cost of last month's devastating earthquake will hurt already weak public finances unless bickering politicians can agree to raise taxes.
Toyota Motor Co may slip to No. 3 in the automaker production rankings behind General Motors and Volkswagen due to Japan's earthquake and nuclear crisis, which slashed local output by almost two-thirds in March alone.
