JAPAN

Olympus Ex-CEO to Meet with Japan Ruling Party

Former Olympus chief executive Michael Woodford leaves after meeting with members of the Justice Department and the FBI in New York
Olympus Corp's ousted CEO, Michael Woodford, will on Thursday meet a panel of lawmakers from Japan's ruling Democratic Party looking at ways to tighten corporate governance in the wake of the accounting scandal at the endoscope maker, a source familiar with the plan told Reuters.
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China unveils rare star power of Oscar entry

Zhang Yimou, one of China's best-known directors, is banking on heartthrob Christian Bale to help boost the country's chances of winning an Oscar, with his latest film on a tragic chapter in the nation's history.
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Samsung Electronics' Galaxy Tab 10.1

Samsung wins a round in long legal fight with Apple

Samsung Electronics Co won a round of its bruising global patent fight with Apple Inc on Friday when an Australian court lifted a ban on the sale of its Galaxy tablet computer in time for the busy Christmas shopping season.
Visitors walk past Samsung Electronics' Galaxy Tab 10.1 tablets on display in Seoul

Samsung Wins Australian Round Against Apple

Samsung Electronics Co won a round of its bruising global patent fight with Apple Inc on Friday when an Australian court lifted a ban on the sale of its Galaxy tablet computer in time for the busy Christmas shopping season.
A cup of coffee is seen on a counter at a McDonald's restaurant in New York

McDonald's November sales beat Street view

McDonald's Corp (MCD.N) reported a bigger-than-expected rise in November sales at established restaurants across the board, led by big gains in Japan, China and a strong showing in its top revenue market of Europe.
Labourers at work

Asia Eyes ‘yo-yo’ Economy in 2012

Asia's economic growth looks set to stumble over the next few months, prompting a flurry of interest rate cuts and a spike in stimulus spending that may ultimately pave the way for a strong recovery in the second half of 2012. The catch-phrase for 2012 is the Asia yo-yo.
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Japan: not aware of IMF $600 billion euro zone aid plan

A Japanese government official said on Thursday he had not heard of a reported $600 billion IMF lending facility to help the euro zone, although Japan would consider providing bilateral loans to the Fund if warranted by developments in Europe.
pusuke

World's Oldest Dog Pusuke Dies at 26, 5 Tips for Pet Longevity

Pusuke, the world's oldest living dog noted by the Guinness Book of Records, died on Monday at age 26 in his home in Japan. Pusuke lived more than twice the median life expectancy for a dog, but how did his owner achieve such astounding longevity?
People work at a cafe in Taipei in this July 31, 2009 file photo.

Newer Economies Allow more High Tech Freedom at Work

Employees in fast-growing economies have more freedom over the technology they use for work than their counterparts in developed countries, and are more likely to see corporate provision of devices as a perk, according to a study.
Olympus Corp President Takayama and accounting division's official Onishi bow at the start of a news conference in Tokyo

Olympus Board Signals it will Quit

Olympus Corp's board signaled plans to quit over a $1.7 billion accounting fraud, but will likely pick a team of potential successors, triggering a battle for control of the Japanese firm with the former CEO who blew the whistle on the scandal.
Apple iPhone 4S

Apple iPhone 5 Release Date, Features: 3 Important Things to Know

It's not a matter of if, but when the last big project from Steve Jobs will reach the hand of consumers. The debate varies from spring to summer or even fall, but most every qualified observer agrees -- the iPhone release date is coming in 2012. Among the best bets is an early summer unveiling with release soon to follow, keeping in Apple's release tradition that was broken with the iPhone 4S because the product simply wasn't ready yet.

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