JAPAN

North Korean leader Kim Jong-il (R) and his son Kim Jong Un (3rd R) salute as they watch soldiers attending a military parade in the Kim Il Sung square in Pyongyang

Kim Jong-il: reclusive leader in a hermit state

North Korean leader Kim Jong-il, revered at home by a propaganda machine that turned him into a demi-god and vilified in the West as a temperamental tyrant with a nuclear arsenal, has died, North Korean state television reported Monday.

Kim Jong-il Dies: Global Reaction

Kim Jong-il
The death of North Korean leader Kim Jong-il from a heart attack over the weekend has prompted an avalanche of reaction from around the globe.
Kim Jong-il

North Koreans Mourn the Death of Iron Leader Kim Jong-il

North Koreans poured into the streets on Monday to mourn the death of iron leader Kim Jong-il as 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.
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Let it Rain

Let it Rain -- Seasonal Weather Shopping, Surfing Rules the Web

Let it rain is a a popular online store based in Astoria, Oregon -- a place where it frequently rains -- that sells rain gear including boots and umbrellas that people are apparently buzzing about this Christmas, and buying from. Why, some have apparently gone so far is making rain boots become the traditional Christmas stocking.
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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.
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.
A promotional woman shows a Sony's PlayStation Vita handheld gaming device at Tokyo Game Show in Chiba

Sony Hopes for Vita Cheer, Feels Fitch Heat

Into just his fourth month as head of Sony's videogames unit, Welshman Andrew House has to plot a much-needed success story for the new PlayStation Vita handheld games device, negotiating a minefield of consumer gloom and competition from smartphones and tablet PCs such as Apple Inc's iPhone and iPad.
Olympus CEO Michael Woodford

Olympus Ex-CEO Attacks Japanese Shareholders

The whistleblower in Japan's Olympus Corp scandal, ex-CEO Michael Woodford, blasted Japanese shareholders Thursday for failing to stand up for him, amid signs that domestic and foreign investors are split over his campaign to be reinstated.

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