Japanese Finance Minister Yoshihiko Noda on Friday repeated that he was closely watching yen moves, signalling Tokyo's readiness to continue with its yen-weakening intervention that media said reached a record 4 trillion yen ($50.6 billion).
Investors fled Wall Street in the worst stock-market selloff since the middle of the financial crisis in early 2009 in what has turned into a full-fledged correction.The Dow and the S&P tumbled more than 4 percent on Thursday and the Nasdaq lost 5 percent on fear the United States is staring at another recession and that Europe's sovereign debt crisis is swallowing two of its largest economies.
Sony announced Thursday that it will not release the new PlayStation Vita in both the United States and Europe until next year. This means the new gaming system will not reach store shelves for the ever approaching holiday shopping season.
Toronto's main stock index slumped more than 3 percent on Thursday, as rising concerns about global growth more than wiped out the previous session's late-day rally and knocked world markets lower.
The Prime Minister cracks down on lax safety.
Sony ruled out dumping its television business or dissolving a TV panel partnership with Samsung Electronics Co even as it looks to overhaul its lossmaking TV unit.
Carbon dioxide and other air pollution that is collecting in the atmosphere like a thickening blanket, trapping the sun's heat and causing the planet to warm up. Over the past 50 years the average global temperature has increased at the fastest rate in recorded history and experts think the trend is accelerating.
The global economy is more sluggish than first thought, government bonds offer no real return, gold is super expensive and stock markets sell off at the slightest setback.
Fans and teammates flocked to the hospital in Matsumoto, a town about 110 miles northwest of Tokyo, to pay tribute to the fallen star.
General Motors Co.'s quarterly profit nearly doubled, beating expectations, as the top U.S. automaker took a larger share of sales globally and raised prices on its vehicles.
Euro zone sovereign bond markets steadied on Thursday ahead of a crucial European Central Bank policy-setting meeting that investors hope will signal a more aggressive approach to fighting the currency area's debt crisis.
Japan intervened in currency markets on Thursday to curb the yen's gains that officials fear threatened to derail the economy's recovery from a slump triggered by a massive earthquake in March.
A Los Angeles man who may have served time in jail for setting fire to restaurants and bars in Japan while stationed there as a U.S. Marine is suspected in a spree of arson attacks in California, authorities said on Tuesday.
U.S. automakers reported higher sales for the month of July, but the ongoing weak economic environment doesn't bode well for the sector.
The Japanese government plans to form a new nuclear safety agency under the Environment Ministry in order to separate its regulatory functions from the Ministry of Economy, Trade and Industry (METI), according to the Nikkei business daily.
China's naval forces are likely to step up their activities in waters around Japan, Tokyo's annual defence report said on Tuesday, the latest expression of regional security concerns about China's military buildup.
Japan expects China to further expand its maritime activities in the South China Sea and the Pacific, its annual defence report said on Tuesday, the latest expression of regional security concerns about China's military buildup.
Buyout firm Carlyle Group agreed to buy 9 percent of Haier Electronics Group Co Ltd (HEG) through convertible bonds, raising its stake in a Chinese company expanding into Japan and China's untapped markets.
In an experiment, researchers at the Tokyo Institute of Technology show how a robot can adapt on the fly.
The global population will hit 7 billion on Oct. 31, according to a projection by researchers at the United Nations.
JAC is seeking to produce 100,000 vehicles every year in Latin America?s largest car market
After invading the nuclear plants in Japan and Scotland, this breed of free-swimmers are now heading towards Kayak Point, Washington.
