Struggling Sony to Shed TV, PC Units and Slash 5,000 Jobs
Sony Corp Chief Executive Offer Kazuo Hirai is seeking to cure a TV business that has lost $7.8 billion over a decade by isolating it to speed up decisions on future strategy.
GE Takes $1.7B Charge to Settle Japanese Debts
General Electric said it will record a $1.7 billion charge as it meets refund obligations related to the 2008 sale of its Japanese consumer loan business to Shinsei Bank.
Report: Sony Hires Bankers to Explore Loeb's Partial Spinoff Plan
Sony rallied on a report that it has hired investment bankers to review a hedge-fund plan to sell part of its entertainment unit.
Quake overwhelms Nepal's weak healthcare system; Death Toll 2,500 and rising
A massive earthquake in Nepal has exposed the woeful state of its medical facilities as hospitals struggle to treat vast numbers of injured with limited supplies and staff.
China Data Deluge on Tap This Weekend
The big media focus this weekend will be the historic two-day summit between U.S. President Barack Obama and China President Xi Jinping.
King Dollar’s Beat Down May Be Short-Lived
Gambling against the U.S. dollar could be a losing bet.
GE to Move Turbine Jobs to Europe, China Due to EXIM Bank Closure
General Electric Co said on Tuesday that it will move 500 U.S. power turbine manufacturing jobs to Europe and China because it can no longer access U.S. Export-Import Bank financing after Congress allowed the agency's charter to lapse in June.
BOJ Adopts Negative Rates in Ramped-Up Stimulus Campaign, Stuns Markets
The Bank of Japan ramped up its aggressive stimulus campaign on Friday, adding negative interest rates on central banks deposits to its massive asset-buying programme, stunning financial markets that expected no action or a moderate increase in asset purchases.
Real Cost of Typhoon Haiyan Will Take Years to Assess
Early calculations will likely put Super Typhoon Haiyan's economic toll far below those of storms in more affluent areas, but don't let numbers fool you.
Japan: No Need to Panic over Yen Spike
Top officials expressed concern about the violence of recent fluctuations with the Yen, but there are no overt worries about the level of the currency.
A Growing Yen for US Treasuries; How Japan Could Influence Global Markets in 2014
As we look for the big potential stories for 2014, Japan one again comes to the forefront.
China Consumer Prices Up 2.7% in June
New economic data out of China underlines the fact that the Chinese economy may be cooling down. The inflation rate rose more than expected to 2.7 percent in June, up from 2.1 percent in May.
Boone Pickens: I’m Not Afraid of China
T. Boone Pickens says he is not worried about the impact of China and Greece on oil.
Barry Diller on China's Market Meltdown
IAC/InterActive Corp. (NASDAQ:IACI) and Expedia (NASDAQ:EXPE) chairman Barry Diller isn't concerned about an ongoing market selloff in China.
Clinton Says She Does Not Support New Pacific Trade Pact
U.S. Democratic presidential candidate Hillary Clinton said on Wednesday she did not support the 12-nation Trans-Pacific Partnership (TPP) that is central to President Barack Obama's strategic pivot to Asia.
Cancer Firm Astex Seals $886M Buyout From Japan's Otsuka
The $8.50-a-share deal represents a 27% premium on the cancer treatment maker's Tuesday closing price.
Nikkei Ends Day at 1-Week Low
Japanese stocks fell on Wednesday as a stronger yen weighed on exporters and oil prices extended sharp declines, after top crude exporter Saudi Arabia ruled out production cuts while industry data showed growing U.S. stock piles.
Can WisdomTree Find Another Sweet Spot?
WisdomTree’s best in class ETFs have hit a rough patch but the firm is on a path to diversify which may help ease investor anxiety.
Asian markets end in the green
Asian markets higher
Stocks in China down after being closed for a week
Outlook for Asian markets
















