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Tue, 7 Feb 2012
(Photo: WN / Rubielyn Bunag)Toyota raises annual profit forecast, eyes on recovery
Toyota - Automaker...Full Story

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(Photo: WN / Rubielyn Bunag)Nikkei slips from 3 month high; shippers outperform
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Mining merger poses threat to Japan’s coal
Masumi Suga and Tsuyoshi Inajima Tokyo | Glencore International’s agreed £39.1 billion (R467bn) takeover of Xstrata, making it the biggest thermal coal exporter, poses a new threat to Japanese utilities forced to buy more of the fuel after the Fukushima nucle...Full Story
Japan's JX, Cosmo cutting Iran crude imports -report
* Japan under pressure to cut imports due to US sanctions * JX, Cosmo may need to cut Iranian crude imports further (Adds details) TOKYO, Feb 8 (Reuters) - JX Nippon Oil & Energy Corp will cut crude oil imports from Iran by 10,000 barrels per day and Cosmo Oil has alrea...Full Story
Disney's first-quarter profit up 12%
Strong performances at Walt Disney Co.'s domestic theme parks and by ESPN and the Disney Channel helped drive a 12% increase in the company's first-quarter net income compared with a year earlier. | The Burbank media giant reported that revenue for the quarter ended Dec...Full Story
GLOBAL MARKETS-Shares becalmed, euro eases as Greek talks drag
* MSCI Asia ex-Japan flat, Nikkei up 0.6 pct * euro around $1.3248, off 8-week high * U.S. crude up 22 cents to $98.63 a barrel By Alex Richardson SINGAPORE, Feb 8 (Reuters) - Asian shares remained becalmed on Wednesday and the euro edged off an 8-week high as further d...Full Story
Japan 2011 current account surplus smallest in 15 years
(Adds analyst quotes, details) By Rie Ishiguro TOKYO, Feb 8 (Reuters) - Japan's current account surplus shrank sharply last year to its smallest in 15 years as weak exports and surging fuel imports resulted in a rare trade deficit, raising worries about the country's de...Full Story
Japanese Stocks Advance on Greece Bailout Talks, Improved Toyota Forecast
| Feb. 8 (Bloomberg) -- Japanese shares rose, with the Nikkei 225 (NKY) Stock Average set for its highest close in more than three months, as Greece’s government edged closer to securing a second debt bailout and Toyota Motor Corp. (7203) raised its earnings forecas...Full Story
Renesas, Fujitsu, Panasonic in talks to merge system chip ops
| TOKYO (Reuters) - Renesas Electronics Corp, Fujitsu Ltd and Panasonic Corp are in talks to merge their chip operations, four sources familiar with the matter told Reuters on Wednesday. | The three firms are considering spinning off their system chip design and develop...Full Story
Nine-month profit down, but year looking up
| Tokyo: Japanese car giant Toyota announced a plunge in profits yesterday, but said the year might not be quite as bad as previously expected, as the world's number three automaker upped its forecasts. | The company said its nine-month net profit fell 57.5 per cen...Full Story
Seoul's nuclear solution
| South Korea has evolved from being one of the world's poorest nations six decades ago to becoming the 15th largest economy on a nominal GDP basis, the world's sixth largest exporter and tenth largest importer as of 2010. South Korean industry is well established and i...Full Story
5 missing in sea tunnel collapse
Divers were searching for five workers after an undersea tunnel collapsed at one of Japan's biggest oil refineries. | //--> Wednesday, February 08, 2012 | Divers were searching for five workers after an undersea tunnel collapsed at one of Japan's biggest oil refineries....Full Story
Asian Stock Markets Are Up, Japanese Automakers Are Surging
| Asian markets are up slightly early in the trading session, chasing modest gains in the U.S. markets on Tuesday. | Japan's Nikkei is up 0.6%. | Korea's Kospi is up 0.7%. | Australia's S&P/ASX is up 0.2%. | The stock market leaders are the Japanese automakers, whic...Full Story
Renesas, Fujitsu, Panasonic in talks to merge system chip ops
| TOKYO (Reuters) - Renesas Electronics Corp, Fujitsu Ltd and Panasonic Corp are in talks to merge their chip operations, four sources familiar with the matter told Reuters on Wednesday. | The three firms are considering spinning off their system chip design and develop...Full Story
Stocks rise despite concerns about Greece
By Ben Rooney @CNNMoneyMarkets February 7, 2012: 4:34 PM ET | Click the chart for more market data. | NEW YORK (CNNMoney) -- U.S. stocks moved higher Tuesday, erasing earlier losses, on hopes that Greece is nearing a deal to secure more bailout money. | The Dow Jones in...Full Story
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RELATED NEWS
Tue 7 Feb 2012
Ministry: Even with tax hike, bond balance to top 1,000 trillion yen
Asahi News | Japan's government bond balance will top 1,000 trillion yen ($13 trillion) by March 2022, even if the consumption tax rate is raised to 10 percent in 2015, Finance Ministry estimates showed. | ...
Brisk U.S. sales lift Toyota profit forecast for year
Ohio | TOKYO: Toyota raised its annual profit forecast Tuesday despite a decline in its quarterly profit, as brisker sales in the United States gave the Japanese automaker a much-needed lift after a year overshadowed by natural disasters. | Toyota’s...
GAMCO Investors, Inc. Reports Fourth Quarter & Full Year Results
Business Wire Assets Under Management End Year up 4.8% at $34.1 billion Operating Income increases to record $113.3 million EPS of $2.61 per share vs. $2.52 per share was crimped by $0.48 per share negative swing in other income | RYE, N.Y.--(BUSINESS WIRE)--GAMCO...
Dion's Tuesday ETF Winners and Losers
The Street | iShares Gold Trust(IAU) 1.5% | Safe haven asset classes are taking a hit, indicated by the nearly 1.5% losses seen from the iShares Barclays 20+ Year Treasury Bond Fund(TLT). Meanwhile, gold is pushing higher, sending IAU and the SPDR Gold Shares(G...
BIT C2 Diagnostics Discloses Challenges in Instrumentation Development & Manufacture in IVD Trade Article
Business Wire | Two chief executives from BIT C2 Diagnostics (a BIT Company) from Montpellier, France, have authored a feature article entitled “The Challenges of Developing Hematology Instruments” for professional medical trade magazine, IVD Technology. A cli...
Investors return to undervalued uranium miners
Stockhouse | Keep your hands on the nuclear plow. If one has not invested in this sector, this is a chance to buy wholesale. | Gold Stock Trades will not regale you with the growing presence of nuclear facilities throughout the world despite the German (NYSE: ...
Clint Eastwood And Barack Obama In: 'A Fistful Of Bailouts'
Business Insider | Eastwood and Obama in ‘A Fistful of Bailouts’ The economic factors that will and won’t affect the presidential race Happy Reagan Day, 2012! Dirty Harry says if you didn’t support the taxpayer bailout of General Motors and Chrysler back ...
Dentsu Entertainment USA, Inc. & Namco Bandai Team Up in the Americas on Action-packed Animated ...
DNA India | LBX A Run-Away Broadcast & Product Hit In Japan; Namco Bandai Also Signed Master Toy Deal With TV TOKYO For European Territories! | SANTA MONICA, Calif., Feb. 7, 2012 /PRNewswire/ --Dentsu Entertainment USA, Inc. and Namco Bandai announced today a...
Toyota boosts earnings forecast for current fiscal year
The Los Angeles Times | Earthquakes, floods, a strong Japanese yen – just about everything has conspired to hold Toyota Motor Corp. back. | But with the world’s No. 3 automaker recovering from the natural disasters and the North American auto market continuing...
Toyota raises profit forecast
Newsday | TOKYO - Toyota, Japan's top automaker, raised its annual earnings forecast, saying a recovery is on track, despite a 13.5 percent slide in its quarterly profit on production setbacks caused by last year's tsunami disaster and the flooding in . | re...
CardFlex, Tay Two Co. Sign Letter of Intent to Develop Prepaid Debit Card for the ...
Yahoo Daily News | Costa Mesa, Calif.-based CardFlex Inc. and Tokyo-based Tay Two Co. have reached an agreement to explore development of a CardFlex-branded prepaid debit card program in Japan. | Costa, Mesa, CA (PRWEB) February 07, 2012 and Tokyo-based Tay Two Co. a...
The Petrochemical Infrastructure Market 2012-2022
PR Newswire   | , Feb. 7, 2012  /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue: The Petrochemical Infrastructure Market 2012-2022 | http://www.reportlinker.com/p0769458/The-Petrochemical-Infra...
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Full StoryJapan's JX, Cosmo cutting Iran crude imports -report
Full StoryDisney's first-quarter profit up 12%
Full StoryGLOBAL MARKETS-Shares becalmed, euro eases as Greek talks drag
Full StoryJapan 2011 current account surplus smallest in 15 years
Full StoryStocks rise despite concerns about Greece
Full StoryClint Eastwood And Barack Obama In: 'A Fistful Of Bailouts'
Full StoryIran shrugs off latest U.S. sanctions, trade suffers
Full StoryAsian stocks dip on Greek debt impasse