BusinessWeek.com -- Asia
Nintendo Needs a Hit in a Hurry
(Feb 2)
The gaming company faces big losses amid a two-year sales slump
Video: Nintendo Lacks Digital Strategy
(Feb 6)
Panasonic Forecasts Record $10 Billion Loss on Floods, Charges
(Feb 5)
Panasonic Corp. almost doubled its annual loss forecast to a record 780 billion yen ($10 billion), the latest Japanese electronics company to predict weaker earnings because of Thailand floods and slowing demand for TVs.
Japan Inc. Suppliers Cut Jobs
(Feb 6)
As the strong yen batters profits for makers of TVs and chips, Japanese companies are suffering and the supply chain is bearing the cost
Fujifilm Braces for Olympus Snub
(Feb 6)
Fujifilm Holdings Corp. may get snubbed by cross-town rival Olympus Corp. in its attempt to move further away from the photographic film business that dragged down industry pioneer Eastman Kodak Co.
PetroChina, Shell Target Shale Projects
(Feb 6)
China's shale gas potential could be very powerful, Shell CFO Simon Henry says
European Stocks Decline, Euro Weakens as Greek Leaders Meet
(Feb 6)
European stocks fell from a six-month high and the euro declined the most in three weeks as Greek leaders wrestled with spending cuts to get aid and avert default. German bonds rose and commodities dropped.
European Stocks Retreat on Greece Debt Talks; SocGen Shares Fall
(Feb 6)
European stocks dropped, with the Stoxx Europe 600 Index trimming a six-month high, as Greece struggled to reach a deal with its international creditors. U.S. index futures fell, while Asian shares rose.
Thousands Evacuated as Floods Engulf Parts of Queensland
(Feb 6)
Thousands of Australians fled their homes as floodwaters engulfed parts of the country’s northeast, damaging properties and ravaging crops a year after natural disasters cost the economy about A$9 billion ($9.6 billion).
HTC Forecast Trails Estimates as It Awaits New Phone Models
(Feb 6)
HTC Corp., Asia’s second-largest smartphone maker, forecast revenue that missed analysts’ estimates as it awaits the introduction of new products to help the company rebound from its first profit drop in two years.