Tokio Marine said it will buy U.S. insurer Delphi Financial Group for $2.7 billion and is eyeing other acquisition targets, as Japan's No.2 property-casualty insurer looks to expand outside its mature home market and diversify geographic risks.
China became the world's top patent filer in 2011, surpassing the United States and Japan as it steps up innovation to improve its intellectual property rights track record, a Thomson Reuters research report showed on Wednesday.
North Korea will shift to collective rule from a strongman dictatorship after last week's death of Kim Jong-il, although his untested young son Kim Jong-un will be at the head of the ruling coterie.
China became the world's top patent filer in 2011, surpassing the United States and Japan as it steps up innovation to improve its intellectual property rights track record, a Thomson Reuters research report showed Wednesday.
North Korea's new young leader will have to share power with an uncle and the military after the death of his father Kim Jong-il as the isolated country shifts to collective rule from strongman dictatorship, a source with close ties to Pyongyang and Beijing told Reuters.
The Chinese box office is on track to break the U.S. equivalent of $2 billion by the end of the year, according to a recent report from the country's State Administration of Radio, Film and Television.
This year, the winter solstice will occur on Thursday, Dec. 22 and will mark the shortest day and the longest night of the year for those in the Northern Hemisphere.
Asian stocks and the euro rose on Wednesday after upbeat U.S. and German data and strong demand for Spanish debt tempered risk-aversion, with investors' focus turning to a European Central Bank tender as a gauge for euro zone funding strains.
A major book retailer is raising its game by making manga available on its electronic reading device – and in the proper right-to-left format.
Japanese electronics giant Sony has triggered a mania among gamers in Japan by releasing Sony PlayStation Vita (PS Vita) on Dec. 17.
Singer Lady Gaga has been the victim of a Facebook and Twitter hacking, with fake messages offering free iPad 2 tablets to her followers in what was likely a massive phishing scam. Gaga has since regained control of her accounts, but some disappointed fans were still wondering if Mama Monster simply rescinded the gift.
The Rangers spent $51 million to negotiate with the Japanese star.
The PS Vita was released in Japan on Dec. 17, and has already sold more than a quarter million units in the first two days available.
The $8-billion, multi-year contract provides a big boost to Lockheed, while Japan seeks to replace its aging fleet of Boeing F-4 jets.
At least in one region of the county at dinner parties, it's the question that's on the lips of prospective home buyers: will home mortgage interest rates fall more? The average fixed rate for a 30-year mortgage for borrowers with good credit has declined to 3.92 percent,
If ever there was a sale that begged a buyer beware disclaimer, it may be last week's auction of Elizabeth Taylor jewelry, gowns and art that fetched more than 400 times experts' estimate for at least one item.
Michael Woodford, the ousted boss of Japan's Olympus Corp, has won the battle to force his former employer to admit to more than a decade of accounting fraud. His bid to return as chief executive officer, however, appears doomed.
Southeast Asian stock markets were mixed with an easier bias on Tuesday as market players cashed in any quick gains and remained focused on risks attached to the unresolved sovereign debt crisis in the euro zone.
Asian stocks and the euro edged up on Tuesday, but sentiment remained fragile on concerns that efforts to contain the euro zone debt crisis were faltering and tougher rules to strengthen banks' capital would further undermine their profits.
Apple Inc scored a narrow victory against Taiwan's HTC Corp in a patent lawsuit over smartphone technology that will set the stage for further battles between rival makers in the fiercely competitive market.
Samsung Electronics has launched a new app called 'YouTube on TV' for Samsung Smart TV customers worldwide. Thanks to the new app, Samsung Smart TV customers can enjoy more than 8,000 HD movie, drama and video that YouTube provides.
North Koreans poured into the streets on Monday to mourn the death of leader Kim Jong-il and state media hailed his untested son as the Great Successor of the reclusive state whose atomic weapons ambitions are a major threat to the region.
