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As Japan PM Abe weighs labor reform, IBM emerges as test case

07/09/13 By Nathan Layne

TOKYO (Reuters) - When 27-year IBM veteran Martin Jetter came to Tokyo last year, the new president of the technology giant's Japanese arm had a radical idea: hold workers accountable for performance.

Within months of Jetter's arrival, IBM Japa... ...Read More »

Panasonic to buy stake in Slovenia's Gorenje

07/05/13 By Marja Novak

LJUBLJANA (Reuters) - Japanese consumer electronics firm Panasonic Corp will buy up to 13 percent of Gorenje, one of the biggest household appliance makers in Eastern Europe, as it aims to tap growing demand in the region.

Panasonic is pulling away from... ...Read More »

Panasonic to close solar cell factory in Hungary: Nikkei

07/04/13 (Reuters) - Japan's Panasonic Corp <6752.T> plans to shut down its sole European solar cell plant next March and dismiss about 500 workers at the factory, the Nikkei reported.

The Hungarian factory will end production in September, leaving the company with one solar cell plant ea... ...Read More »
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BOJ Kuroda upbeat on economy, "Abenomics" effect broadening

07/04/13 By Leika Kihara

TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda claimed some success for the central bank's aggressive monetary stimulus on Thursday, saying that the economy is on track to a steady recovery with signs inflation expectations are picking up.

<... ...Read More »

Airplane WiFi provider Gogo has turbulent debut

06/21/13 By Aman Shah and Neha Dimri

(Reuters) - Shares of in-flight WiFi provider Gogo Inc <GOGO.O> fell as much as 9 percent in their market debut as investors questioned the company's high valuation in the wake of a two-day slide in U.S. stocks.

The weak market re... ...Read More »

Nikkei rises to one-week high on Fed hopes; Softbank soars

06/19/13 By Ayai Tomisawa

TOKYO (Reuters) - Japan's Nikkei share average rose to a one-week high on Wednesday, helped by optimism that the U.S. Federal Reserve would temper worries about an imminent roll back of its stimulus program.

The market also got a boost from Softba... ...Read More »

Nikkei down in choppy trade as Fed policy signals awaited; Sony gains

06/18/13 Ayai Tomisawa

TOKYO (Reuters) - Japan's Nikkei average edged down in choppy trade but managed to end above 13,000 on Tuesday, with most players staying on the sidelines as they awaited the outcome of the U.S. Federal Reserve's meeting for clues on when it may begin tapering back st... ...Read More »

Thailand's boom: To the northeast, the spoils

06/16/13 By Paul Carsten and Pairat Temphairojana

UDON THANI, Thailand (Reuters) - Steel girders jut from the low skyline of the Thai city of Udon Thani near the Laos border as workers lay cement for a new shopping mall, one of many illustrating a boom in the Thai economy beyond the bright lights o... ...Read More »

Nikkei slumps to over 2-month low on worries about Fed, rising yen

06/13/13 By Ayai Tomisawa

TOKYO (Reuters) - Japan's Nikkei share average dived back into bear market territory on Thursday, dipping to levels seen before the central bank's sweeping monetary policy stimulus in early April, as the yen rebounded, sending shares of exporters tumbling.

... ...Read More »

Newark Mayor Booker to run for New Jersey Senate seat

06/08/13 By David Jones

NEWARK, New Jersey (Reuters) - Newark Mayor Cory Booker announced his candidacy on Saturday for a U.S. Senate seat for New Jersey and will run in a Democratic primary set for August to fill the seat of late Senator Frank Lautenberg.

I do not run from c... ...Read More »

Nikkei slips but bounces off bear territory; JGBs fall

06/07/13 By Dominic Lau and Ayai Tomisawa

TOKYO (Reuters) - Japan's Nikkei share average sank into bear territory on Friday before recouping some of its losses on expectations that the country's $1 trillion public pension fund would ramp up its buying of equities.

Afte... ...Read More »

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