JAPAN

New iPad Pre-orders Shipping Delayed for Weeks: Wait or Buy Cheaper iPad 2?

Apple’s New iPad Or iPad 2: Too Many Problems With Latest Tablet; Should You Stick To The Old One?
Apple had unveiled the new iPad on Wednesday March 7 and had announced that device will go public on Friday March 16. However, the latest announcement is that the pre-ordered tablets will not ship for 2-3 weeks as demand for the new tablet has been “off the charts.” So if you’re one of those who want to be among the first to get your hands on Apple’s shiny new toy, get ready to brave the legendary jam-packed crowds at Apple stores this Friday. Or buy the cheaper iPad 2 instead.

Asahi Kasei To Buy Zoll Medical For $2.2 Billion

Asahi Kasei will buy Zoll in an agreed cash deal for $93 a share, a 24 percent premium to Zoll's closing price on Friday, the two companies said in a joint statement. The deal is Asahi Kasei's biggest acquisition by far.
Japan's Asahi Kasei Corp will buy U.S. medical equipment maker Zoll Medical Corp for $2.21 billion as it looks to build a globally competitive healthcare business and reduce its reliance on its chemicals and fibers operations.
Asahi Kasei

Japan’s Asahi Kasei to Buy Zoll Medical for $2.2 Billion

Asahi Kasei Corp., a Japanese chemical manufacturer, agreed to acquire Massachusetts-based medical device and software maker Zoll Medical Corp. for about $2.21 billion, as it looks to expand its global presence and develop a leading position in the critical care.
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What The 2011 Disaster Did To Japan's Economy

After the devastating 3/11 earthquake, tsunami, and nuclear catastrophe, the reconstruction efforts to get under way in earnest this year will boost Japan’s gross domestic product, but this does not mean the country will be any better off, according to a report by research consultancy Capital Economics.
Workers wearing protective suits stand after water stopped flowing at the pit near the water intake canal of the Tokyo Electric Power Co.'s Fukushima Daiichi Nuclear Power Station No. 3 reactor in this handout photograph taken May 11, 2011.

Recalling Japan's 3/11, 'Costliest Natural Catastrophe Of All Time'

With Japan observing the one-year anniversary of its extraordinarily deadly 3/11 triple disaster on Sunday, the English-language online sites of three of the country's largest-circulation newspapers are all now covering various aspects of the earthquake, tsunami, and nuclear meltdowns associated with last March 11.
Boeing

WTO Judges Fault Boeing Subsidies: Sources

The World Trade Organization has broadly upheld a ruling that Boeing Co (BA.N) took billions of dollars of unfair subsidies, breathing new life into an epic trade spat that has already faulted European aid to Airbus, people familiar with the matter said.
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Nikkei Hits 7-Month High On Greek Deal

Tokyo stocks jumped to a seven-month high Friday as Asian shares rose on signs Greece is a step nearer to averting a default, although momentum may be checked by caution ahead of U.S. data that is expected to confirm a labor market recovery.
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Japan GDP Contraction Eases; Current Account In The Red

Japan's economy shrank less than initially estimated in the fourth quarter as companies ramped up capital expenditure, but the current account swung to a record deficit in January as a shift away from nuclear power pushes up fossil fuel imports.
Baselworld

Luxury watchmakers see clouds on China 'Eldorado'

Luxury watchmakers are hoping a stronger-than-expected recovery in the United States and global exposure will help them sail through a more challenging market in China, where the days of unstoppable growth are ticking by.
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Apple Unleashes iOS 5.1 Update, Introduces Siri to Japan

At the iPad event in San Francisco, Apple CEO Tim Cook announced that its iOS devices will receive a new mobile operating system, called iOS 5.1. Part of the update improves Siri, the AI virtual assistant currently exclusive to the iPhone 4S, by giving the technology the ability to work with Japanese-speaking users.

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