Thema: geschäft

House of Reeves

Britische Randalierer brennen historischen Familienbetrieb nieder

London – Das Familienunternehmen House of Reeves im britischen Croydon galt mehr als 140 Jahre lang als Wahrzeichen. Der Betrieb belieferte Generationen von Familien, während sich die Kleinstadt Croydon zu einem Vorort der Millionenmetropole London wandelte. Doch am Dienstag war von dem historischen Geschäft nur noch eine schwelende Ruine...

10.08.2011

NTD

Japan: Prices Up, But Deflation Not Over

Japan's main price gauge rose for the first time in more than two years, but the country's battle with deflation is far from over. Core consumer prices rose 0.6 percent in the year to April, marking the first rise since December 2008. Factors such as rising commodity costs were behind the increase in the Consumer Price Index, but data shows...

27.05.2011

NTD

Sony Forecasts Nearly $1 Billion Profit for Current Year

Sony Corp forecast a net profit of $975 million U.S. dollars on Thursday for the year that started on April 1. The electronics and entertainment company says it expects to make an operating profit of about $2.4 billion U.S. dollars this business year. [Masaru Kato, CEO, Sony Corp.]: "Despite the negative effects from the earthquake in...

26.05.2011

NTD

Japan's Exports Tumble, Decline Slowing

Japanese exports tumbled in April as expected, but the data also shows the Japanese economy may be bottoming out. Exports fell 12.5 percent, led by a slump in auto output. This reinforces the view that the economy is headed for a third straight quarter of contraction for the April to June period. But analysts point out that the month-on-month...

25.05.2011

NTD

Japanese Economics Minister Lowers Growth Outlook

Japan's economics minister said Tuesday the country's growth is likely to slow to as low as 0.6 percent this current fiscal year, modifying a more upbeat forecast he had given just a week ago. Citing power supply constraints and deterioration in consumer and business confidence following the March quake, Kaoru Yosano lowered Japan's growth...

24.05.2011

NTD

Asian Shares Down on Euro Worries

Renewed worries in the euro-zone over the weekend sent stocks tumbling across Asia on Monday. The euro came under renewed selling pressure after Fitch Ratings on Friday cut Greece's debt ratings by three notches. The news was followed by Standard & Poor's announcement over the weekend that it was cutting its outlook for Italy from "stable" to...

23.05.2011

NTD

TEPCO Posts Record $15 Billion Loss

Japan's embattled power company, TEPCO, reported a net loss of $15 billion on Friday to account for the disaster at its Fukushima nuclear power plant. The power company's loss for the business year ending in March marked the biggest corporate loss ever in Japan outside of the financial sector. The company also said its president Masataka...

20.05.2011

NTD

Japan Slips into Recession; GDP Falls 0.9 Percent

The Japanese economy is officially in recession, after a worse-than-expected contraction in the first quarter. GDP fell 0.9 percent in the months from January to March, nearly double the forecast for a 0.5 percent contraction, as the March earthquake tore into capital spending, consumption and exports. The numbers translate into a 3.7...

19.05.2011

NTD

Sony Shares Fall, Company Suffers from Data Breach

Sony shares dropped as much as 1.8 percent on Wednesday after CEO Howard Stringer brushed aside allegations the company took too long to tell customers about a data breach. In stark contrast to the remorseful tone struck just two weeks ago, when senior Sony executives bowed in apology in Tokyo, Stringer fired back at critics. In his first...

18.05.2011

NTD

Honda Motor Recovery Gathering Pace in Japan

Japan's Honda Motor says the recovery in auto parts supply is gathering pace and the company is likely to return to normal production earlier than previously expected. Japan's No.2 automaker said last month it expected vehicle production to stay at about half its normal levels through the end of June, and to fully return to pre-earthquake...

17.05.2011

NTD

Asian Markets Edge Lower

Asian markets were little affected by the International Monetary Fund chief's arrest on attempted rape charges in New York over the weekend. Japanese authorities were quick to seek to reassure the public that the IMF functions were not affected by the arrest of International Monetary Fund Chief Dominique Strauss-Kahn. [Yukio Edano, Chief...

16.05.2011

NTD

Japan's Benchmark Nikkei Average Hits Two-Week Low

Japan's Nikkei average hit a two-week low on Friday (May 13), as bank shares tumbled after the government spokesman said that banks are likely to be asked to ease troubled TEPCO’s loan burden. The benchmark Nikkei average closed, down 0.7 percent at 9,648, while the broader Topix fell 1.1 percent to just under 840. Shares in utilities also...

14.05.2011

NTD

Toyota Profits Down, Divided Opinion on Outlook

Toyota Motor posted a 52 percent fall in quarterly operating profits on Wednesday. As expected, the company did not give an annual forecast, as it struggles to measure the scope of the disruption to production after the March 11 earthquake. The world's biggest automaker is facing another tough year. A severe shortage of parts caused by...

12.05.2011

NTD

Toshiba Soars on Upbeat Outlook

Shares of Toshiba gained almost four percent Tuesday, after the company said it expects its annual operating profit to rise by 25 percent this year. Japan's biggest chipmaker says profits from its chip operations would more than double to $1.8 billion. This would put the company on track for a second straight year of record earnings. But...

10.05.2011

NTD

Beijing Consumers ‘Riot’ over New iPad

Something like a riot broke out at Beijing’s main Apple store as hoards of consumers struggled to purchase the newly-released iPad 2 tablet computer. Four people were taken to hospital and a glass door was smashed. The store in Beijing’s Sanlitun district opened on Friday to crowds of consumers who had been waiting for hours. Local...

09.05.2011

NTD

Gold Sales Up in Western India Ahead of Hindu Festival

Ahead of the Hindu festival Akshaya Tritiya, the demand for gold soars in the Rajkot district of India's Gujarat state. Goldsmiths and jewelers say that their business has improved in the past few weeks. There is more demand for the daily-wear ornaments, such as coins and lightweight jewelry, because they’re affordable and considered a safe...

06.05.2011

ntd

Chi-X Ends 20-Year ASX Monopoly

The 20-year monopoly of the Australian Securities Exchange (ASX) came to end on Wednesday (May 4), after Canberra gave final approval for a rival exchange run by Chi-X. The decision was welcomed by Chi-X, which intends to begin operations in the 4th quarter of the year. Chi-X first applied for an Australian license three years ago, but...

04.05.2011

ntd

Japan Passes $50 Billion Disaster Budget

On Monday, Japan's parliament passes a $50 billion emergency budget for disaster relief after the March 11 earthquake and tsunami. It's just a down payment on what will be the country's biggest public works effort in six decades. The budget passed unanimously in the lower house last Saturday and passed the opposition controlled lower house...

02.05.2011

ntd

Japanese Entrepreneur Takafumi Horie Heads to Jail

Once touted as a symbol of a new, dynamic Japan, 38-year-old entrepreneur Takafumi Horie is now heading to jail. Known for his celebrity lifestyle and aggressive takeover bids, Horie rattled corporate Japan, as he expanded Internet Company Livedoor into a conglomerate worth $6 billion at its peak. But this week, he lost his final appeal in a...

30.04.2011

ntd

iPad 2 Makes Delayed Japan Debut

Apple's iPad 2 finally landed in Japan on Thursday (April 28), a month behind the originally scheduled arrival date due to last month's earthquake. Still, the Japanese are among the earliest to receive the new tablet in Asia, and hundreds of fans thronged Apple stores in Tokyo before official opening hours, trying to be among the first to...

29.04.2011

ntd

77 Million PlayStation Accounts Hacked

Sony is the latest Japanese company facing criticism for its delay in disclosing a massive security breach of private customer data. The company said late on Tuesday that personal and security data of its 77 million PlayStation network users, including names, email addresses, passwords, logins, and credit card data may have been...

27.04.2011

ntd

Sony Unveils Two Android-based Tablet Computers

Latecomer Sony unveiled its first tablet computers Tuesday, taking a crucial step toward its ambitious goal of becoming the world's second biggest tablet maker after Apple. Even as rivals pushed out a slew of models over the past months, Sony took its time, emphasizing the need to differentiate its tablets from others. This patience has...

27.04.2011

ntd

Gold, KOSPI at Record Highs

The Australian dollar scaled 29-year peaks and South Korean shares touched a new record high on Monday, suggesting appetite for risk has not disappeared. Gold prices climbed to a new record for a seventh straight session, and silver surged to a 31-year high. Analysts say a weak dollar plus the volatile situation in the Middle East and...

25.04.2011

ntd

Manufacturers in India Ramping Up Operations

Before India opened up its economy, this was a rarity. Fast-forward 20 years, and this factory outside of New Delhi is pumping out a new color TV every few seconds. India has come a long way, says the COO of LG India. [Yasho V. Verma, Chief Operating Officer, LG India]: "India is known for a word in Hindi known as 'jugaad': for everything to...

21.04.2011

ntd

Global Carmakers Woo Chinese Consumers at Shanghai Auto Show

Concept cars, global launches, indigenous brands and electric vehicles are all set to grab the attention of Chinese consumers during the Shanghai Auto Show. Top automakers globally are focused on China, the world's largest auto market. Car sales there rose by a third last year to 13.8 million units. Volvo launched its new luxury car, the...

19.04.2011

ntd

Nissan Recalls 5,000 Leaf Vehicles, Shares Fall

Shares of Nissan underperformed the broader market Monday, after the Japanese automaker said it would recall its Leaf electric vehicles. Nissan was the biggest loser among Japan's top three carmakers, down as much as two percent, following the company's announcement that it would repair more than five thousand units of its Leaf electric...

19.04.2011

ntd

Japan Stocks End Marginally Lower

Japan's Nikkei stock average fell in thin trade on Friday, with chip stocks leading losses after ratings downgrades. Disappointing U.S. jobs data, concerns of further Chinese tightening, and the re-emergence of Europe's debt woes, have also weakened sentiment towards equities. The benchmark Nikkei average ended down 62.40 points at 9,591.52,...

16.04.2011

ntd

Japan's Corporate Confidence Plunges

Nearly two-thirds of Japan's companies have been negatively affected by the country's massive earthquake and tsunami. Disrupted production and supply chains are the key problems, which also sent corporate confidence in Japan to a record low in April. According to a Reuters poll of 400 large Japanese firms, business confidence fell back into...

15.04.2011

ntd

Japan Downgrades Economic Outlook

Japan lowered its economic outlook for the first time in six months, saying last month's devastating quake and tsunami would continue hurting the economy for some time. The Japanese government also downgraded its views on key economic aspects, like exports, industrial output and private consumption, all of which have been hurt by...

14.04.2011

ntd

South Korean Farmers Rally Against Free Trade Deal with EU

More than a thousand South Korean farmers rallied in Seoul on Tuesday urging the government to stop pursuing a free trade deal with the European Union. They’re concerned that an agreement would increase competition and ruin their business. The farmers say they're not ready to compete with advanced countries like those in the EU. [Lee...

13.04.2011

ntd

Downgrade Hits Japan's Auto Sector

Japanese automakers fell across the board on the Tokyo Stock Exchange Monday, after Citigroup slashed its rating on the country's auto sector. Citing lingering production uncertainty after the March 11th earthquake, Citi downgraded the shares of Japan's Big Three carmakers to a "sell". Shares of Toyota, Honda and Nissan closed over two...

12.04.2011

NTD

Japan's Nikkei Ends Week on High Note

Japan's benchmark Nikkei average ended the week on a high note, closing up 1.85 percent at 9,768.08 on Friday, while the broader Topix gained 1.43 percent to 853.13. The Nikkei rose after no further damage was reported at the crippled nuclear plant in northeast Japan following Thursday night's aftershock. Traders say the Nikkei gained...

09.04.2011

NTD

ASEAN Finance Ministers Meet in Bali, Indonesia

ASEAN finance ministers gathered for a two-day meeting in Indonesia's resort island of Bali on Thursday. They’ll discuss issues such as capital inflows, taxation, food security and the ASEAN Economic Community. The member countries aim to integrate the region's markets by 2015. The economic community’s blueprint has four major...

08.04.2011

NTD

Australia Defends ASX-SGX Rejection

Australia is facing growing criticism over its move to block a proposed takeover of its national stock exchange operator (ASX) by the Singapore exchange (SGX). Critics call the decision a political one, amid falling approval numbers for the ruling coalition. Apart from fears the Australian exchange would be left behind by global stock...

06.04.2011

NTD

Japan Stocks Slip, TEPCO Hits New Low

Japanese stocks fell on Tuesday, with the Nikkei average ending at 1.06 percent at 9615.55. The Tokyo Electric Power Company fell to an all-time low as workers battled to contain a radiation leak triggered by the massive earthquake and tsunami. The company's shares plunged as low as 18 percent to 362 yen on uncertainty over the safety...

06.04.2011

NTD

Nissan in Taiwan to Run Radiation Checks on Japan-made Auto Parts

According to a Taiwanese Nissan affiliate announcement on Tuesday, Nissan Motor will begin radiation checks on all car parts imported from Japan on April 1st. The move is attempt to reassure customers of product safety. A deputy PR manager of Yulon Nissan Motor says the company will conduct tests at three stages in the production...

30.03.2011

NTD

Tokyo Stock Market Ends Down as Nuclear Concerns Loom

Japan's Nikkei average slips, as investors remain wary over developments at a quake-smashed nuclear plant in the north. The benchmark Nikkei average closed down 0.60 percent at 9,478.53 on Monday, while the broader Topix gained 0.05 percent to 857.85. Domestic players kept off-loading holdings in Tokyo stocks or have already closed positions...

29.03.2011

NTD

Japanese Stocks End Flat as Nuclear Worries Persist

Japanese shares ended flat on Thursday, as persisting worries over a leaking nuclear plant impeded any optimism on the economy. In the short term, the market outlook is seen depending on whether Japan can safely stabilize the crippled Fukushima Daiichi plant. While in the long run, the market could fall under the weight of the damage from...

24.03.2011

NTD

Japan's Politics Worries Investors

Japan faces its toughest challenge since World War II. How it emerges from the crisis will depend on two leaders: Japan's prime minister, Naoto Kan, and his opposition rival, Sadakazu Tanigaki. They face an opportunity to stand united… or fall divided. Their relationship will be key in the wake of Japan's biggest natural disaster - one...

23.03.2011

NTD

Japan Inc Yet to Resume Production, Shutdown at Many Plants

More than a week after being hit by a devastating earthquake and tsunami, many of Japan's key automakers and electronics firms are struggling to resume operations. Affected operations are being felt down the global supply chain, as Japanese companies supply parts and components to other manufacturers worldwide. Production at Toyota's 12...

22.03.2011

NTD

G7 Pledge Lifts Dollar, Japan Stocks

The Group of Seven on Friday agreed for a rare joint currency intervention, pushing the dollar higher against the yen and lifting Japanese shares. The dollar moved further off a record low hit on Thursday of 76 yen, as the G7 buying plan came as a surprise to global investors. Japan's finance minister said the Bank of Japan had begun...

19.03.2011

NTD

Japan Markets Narrow Losses Amid Nuclear Crisis

Japan's broad TOPIX share index ended down 0.8 percent on Thursday after a volatile session, amid a deepening nuclear crisis and following the yen's surge to an all-time high versus the dollar. The yen spiked around four percent against the dollar, initially driven by speculation that Japanese insurers would have to repatriate funds to pay...

18.03.2011

NTD

Japan Stocks Rebound Despite Nuclear Concerns

Asian financial markets rallied on Wednesday. Tokyo stocks rebounded 5.7 percent after a steep two-day sell-off after Japan's killer earthquake and unfolding nuclear crisis. Other Asian stock markets were also higher. However, another fire at the Fukushima Daiichi nuclear plant and fears of more radiation leaks, kept investors on edge and...

16.03.2011

NTD

Japan Stocks Plunge as Nuclear Crisis Unfolds

As concern about the crippling economic impact of the nuclear and earthquake disasters mounts, Japanese watched as stocks plunged more than ten percent on Tuesday, compounding a slide of 7.6 percent the day before. The two-day fall has wiped $720 billion off the market. [Keisuke Yamazaki, Tokyo Resident]: "In the short term, there will be...

16.03.2011

NTD

Japan's Markets React Sharply to Earthquake Disaster

Japanese financial markets fell sharply on Monday, after the most devastating natural disaster in the country's history, as eyes at home and abroad turned to its nuclear power industry. With estimates of more than 10,000 casualties and over $100 billion in damages, investors looked for safe havens until specifics from the worst earthquake...

15.03.2011

NTD

Tokyo Stock Exchange Considers Merger With Osaka

Japan's largest stock exchange operator, the Tokyo Stock Exchange (TSE), may merge with its domestic rival, as it tries to stay ahead amid a wave of industry consolidation. Japanese media said the TSE is considering a merger with Japan's No.2, the Osaka Stock Exchange, and the two bourses would formally start talks soon. Sources say a...

12.03.2011

NTD

Toyota Shares Jump on $12 bln Profit Plan

Shares of Toyota Motor rose on Wednesday on a report the Japanese automaker aims to boost operating profit to over $12 billion within three years. Toyota looks to strengthen its ability to overcome a stronger yen and will step up cost-reduction efforts, the Nikkei business daily reported on Wednesday. By achieving a 5 percent or higher...

10.03.2011

NTD

Hitachi Shares Jump on $4.3 Billion Sale of Hard Drive Unit

Shares of Hitachi gained Tuesday after the Japanese electronics conglomerate agreed to sell its hard disk drive unit for $4.3 billion to Western Digital Corp. Under the transaction, the world's No. 2 hard drive maker, Western Digital, will pay $3.5 billion in cash and $750 million in stock for Hitachi Global Storage Technologies. Hitachi...

09.03.2011

NTD

HSBC Undecided on Relocation to Hong Kong

HSBC says news of a likely move of its headquarters from London to Hong Kong is entirely speculative and presumptuous. A Sunday Telegraph report said the bank was considering relocating to Asia because of high taxes and red tape, but HSBC responded by saying it preferred to stay in the UK. But the joint statement from Chairman Douglas Flint...

08.03.2011

NTDTV

Yahoo Eyes Softbank Joint Venture Exit

Yahoo is in advanced talks to exit its joint venture in Japan with Softbank and a deal to transfer its 35 percent stake in Yahoo Japan could come within a few weeks. People with knowledge of the discussions said a straightforward sale is unlikely for tax reasons and the parties are exploring other structures. The public value of the stake...

02.03.2011

NTDTV

Japan Budget Advances, Prime Minister Struggles to Find Support

Japan pushed through its key lower house a $1 trillion budget early Tuesday, but some MPs from Prime Minister Naoto Kan's own party boycotted the vote in a sign of his weakening clout. The widening rift in his Democratic Party of Japan is an embarrassment for the beleaguered premier struggling to enact policies and facing calls to...

02.03.2011

NTDTV

Game Fans Snap Up Nintendo's 3DS Player at Japan Launch

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01.03.2011

NTDTV

Oil Stabilizes, Supports Asia Shares

Oil prices stopped a sharp advance on Friday, adding stability to Asian share markets on ideas of limited economic impact. After vaulting more than 7 percent to almost $120, Brent oil prices pulled back, underpinning regional share markets after a drubbing this week. News that top world oil exporters Saudi Arabia is willing to plug any gaps...

27.02.2011

NTDTV

India's Budget to be Announced Monday

The spiraling cost of food is one problem the government of India is worrying about ahead of its annual budget. Double-digit food inflation has helped keep headline inflation stubbornly high at 8%. But this is taking center stage - a wave of corruption scandals that's led to the arrest of the Telecoms Minister, the questioning of leading...

25.02.2011

NTDTV

New Zealand Eyes Stable Markets After Quake

New Zealand financial authorities said they would work to ensure markets in the country remain stable in the wake of a devastating earthquake. Central Bank Governor Alan Bollard said on Wednesday it was monitoring financial markets after the country's second biggest city was hit by a quake that left at least 75 dead. He said the bank was...

24.02.2011

NTDTV

Hyundai Secures Rare Earth Minerals

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21.02.2011

NTDTV

Honda Recalls Nearly 700,000 Cars

Honda is recalling nearly seven hundred thousand units of its Freed, Fit and City models globally to fix a defect. The models have a faulty spring that could cause the engine to fail to restart in the worst-case scenario. So far no accidents have been reported from the defect. Honda is recalling nearly 168-thousand Freed and Fit cars in...

18.02.2011

NTDTV

Bank of Japan Expects Moderate Recovery for Japan

The Bank of Japan raised its economic assessment Tuesday on signs that an end to stagnation is near, cheered by a rebound in exports and factory output. The move is seen as signaling that another monetary easing is not on the horizon, with interest rates already low in a range of zero to 0.1 percent. Driven by robust demand in fast-growing...

16.02.2011

NTDTV

Japan Comes in as Third Biggest Economy, Overtaken by China

Japan's economy shrank slightly in the final quarter of 2010, according to data released on Monday. Japan has now been officially overtaken by China as the world's second largest economy. But the Japanese Cabinet Secretary is upbeat about the country's per capita GDP. [Yukio Edano, Japanese Cabinet Secretary]: "Although we have been...

15.02.2011

NTDTV

Interest Rates on Hold, Korea and Australia

South Korea's central bank surprised markets by keeping interest rates unchanged on Friday, even as it acknowledged continuing inflationary trends. In a move reflecting Seoul's desire to maintain the country's export competitiveness, the Bank of Korea left interest rates at 2.75%. Economists add the central bank is also still assessing the...

12.02.2011

NTDTV

SGX-ASX Hopes Rise on New Mergers and Acquisitions

Shares of Australian stock exchange operator ASX soared over five percent Thursday, as a wave of consolidation swept global stock exchanges. With Deutsche Borse and the London Stock Exchange pursuing their own acquisitions, investors are hoping the Australian government would look favorably on the proposed $7.9 billion takeover by the...

10.02.2011

NTDTV

U.S. Motorists Face Long Wait for Nissan’s Electric Leaf

Nissan's all-electric car, the Leaf, has secured about eight thousand firm orders in the U.S., with the Japanese automaker saying it's ramping up production to meet deliveries. Unlike other cars, the Leaf bypasses dealers, and customers order via the Internet. As of September, Nissan had taken twenty thousand reservations, with eight...

09.02.2011

NTDTV

Toyota: Strong Yen Makes U.S. Market "Tough"

Japan's Toyota Motor sees a tough situation for U.S. sales with a strong Japanese yen affecting sales of its Lexus and Scion brands in particular. Toyota Motor sales president Jim Lentz says about 55% or more of its best-selling luxury brand, the Lexus, is still made in Japan. Its popular youth-oriented Scion brand is produced mainly in...

08.02.2011

NTDTV

Nomura Rides Japan Share Rally

Nomura Holdings said Thursday that third quarter operating profit jumped, helped by a yearend Japanese stock market rally. Japan's biggest brokerage, which is expanding in Asia, Europe and the U.S. after its purchase of part of Lehman Brothers in 2008, posted net profit of $164 million in the quarter. The benchmark Nikkei index gained 9.2...

04.02.2011

NTDTV

Chinese Tourists Give Japan Sales Lift

Diplomatic ties between China and Japan may be less than rosy, but Beijing visitors have given Tokyo's tourism and retail business a better complexion. During the Lunar New Year holidays, Japan is expected to see a surge in Chinese tourists, boosted by an earlier easing in visa regulations last July. That could be a boost for strapped...

02.02.2011

NTDTV

Egypt Unrest, Fear Hits Asian Stocks, Oil Up

Asian stock markets tumbled and crude futures climbed to a 28-month high near $100 a barrel Monday, as fears of greater unrest in the Middle East and choking energy prices sent investors rushing to reduce risk. More than one hundred people have been killed during six days of protests in Egypt. A wider conflagration in the region could...

01.02.2011

NTDTV

GM India Launches Smartech Engine

General Motors India launched its new made-in-India petrol engine on Thursday in New Delhi. The new engine is called a "Smartech" engine. The President and Managing Director of GM India says that the new engine was designed by Indian engineers specifically for Indian conditions and drivers. [Karl Slym, President, General Motors India]:...

28.01.2011

NTDTV

LG Electronics Posts Record Q4 Loss

Shares of LG Electronics pared losses after fears of sharper-than-forecast losses did not materialize. LG Electronics posted a record $220 million loss for the fourth quarter, a result higher than a consensus forecast, but below a $300 million loss estimate by top-ranked analysts who cover the company. The stock had dropped as much as four...

27.01.2011

NTDTV

Sony and NTT DoCoMo Shares Gain

Sony and NTT DoCoMo shares gained in early trading Monday, after the Nikkei newspaper reported a new Sony handheld console would be compatible with DoCoMo's mobile network. The PlayStation Portable 2 would be the world's first game machine to connect to a 3G cell phone network, the newspaper said. The console would be able to download games,...

25.01.2011

NTDTV

MUFG Aims to be Top 10 Bank in U.S.

Top Japanese bank Mitsubishi UFJ Financial Group (MUFG) is waiting for more clarity on stricter global banking rules before pursuing major acquisitions in the U.S. and Asia. Already the biggest Japanese bank in America, MUFG wants to be in the top 10 in the U.S. MUFG president Katsunori Nagayasu says the bank needs to spend about $10...

23.01.2011

NTDTV

Hi-Tech Rickshaws and LED Lights Shine at Tokyo Tech Expos

Next-generation growing lights and eco-friendly cars are attracting thousands of visitors to two technology expos being held in Tokyo this week. One of the expos, "Lighting Japan," has brought together more than 400 companies from 15 countries, with a large majority of them focusing on LED lighting. One company displayed the "LED Plant...

21.01.2011

NTDTV

Toyota Union Won't Push for Pay Rise

A Toyota Motor labor union is not planning to push for pay rises in upcoming negotiations despite an uptick in the automaker's earnings. The Nikkei says the Toyota Motor Workers' Union will hold off on asking for increments for a second consecutive year, given uncertain business conditions. The surging yen has eaten into profits at Toyota,...

19.01.2011

NTDTV

Nuclear Power Market Recovers

The global market for nuclear power plants is seen recovering, and two Japanese-linked firms are hoping to lead the rebound. In energy-dependent Japan, nuclear plant utilization at 10 power firms last year stood near 70 percent, while U.S. demand for new plants has been limited due to moderation in fossil fuel prices. Japan is the world's...

17.01.2011

NTDTV

Bank of Korea Announces Surprise Interest Rate Hike

South Korea's central bank surprised markets with an interest rate hike Thursday as it moves to contain inflationary pressures. Economists are expecting the Bank of Korea to raise rates as many as five times this year, but most did not see a move until February. BoK governor Kim Choong-soo raised rates to 2.75 percent, confirming forecasts...

15.01.2011

NTDTV

Nintendo Releases New 3D Gaming Console

Video gaming company Nintendo is aiming to ship four million of its new 3D-capable handheld game player a month after its release. The 3DS is scheduled to go on sale in Japan on February 26, with the U.S., Europe and Australia launches set for March. The Nikkei says Japanese sales alone will account for 1.5 million consoles. Nintendo's 3DS...

11.01.2011

NTDTV: Australia Floods

Floods in Queensland, Australia Impact Growth and Inflation Rate

Australia's commodity-export boom is taking a hit, as the biggest floods in decades force mine closures and evacuations. Up to 90 million tons of coal capacity are already under force majeure, with waters still expected to peak in some areas. The affected output is equal to 35 percent of Australia's total coal output for 2009. The disruption...

05.01.2011

NTDTV

Hyundai-Kia Car Sales up by 24 Percent in 2010, More Gains Expected

Hyundai Motor expects to boost car sales 10 percent this year, after a 24 percent jump in 2010. World No.5 Hyundai and affiliate Kia became among the top performers during the financial crisis and now plan to gain market share further on the back of new models. South Korea's No.1 said Monday it is targeting sales of 6.33 million cars in...

04.01.2011

NTDTV

LG Sets Record Sales Target for 2011

South Korea's LG Group is aiming for record sales of about $136 billion next year, with its key electronics units expected to contribute over two-thirds of revenue. The figure is an 11% increase from this year's sales of around $122 billion. The sales goal comes about a week after LG said it would spend nearly 70 percent of a record $18...

30.12.2010

NTDTV

Japan's Mizuho Financial Bank Unconcerned over New SIFI Rules

Japan's second-largest bank, Mizuho Financial Group, is confident that it can meet additional global capital requirements without raising funds. Mizuho's president, Takashi Tsukamoto, told Reuters that even if the bank becomes subject to stricter global banking rules next year for institutions deemed "too big to fail," Mizuho could manage...

29.12.2010

NTDTV

Asian Stocks Robust After Chinese Interest Rate Hike

Asian markets took China's surprise weekend interest rate hike in their stride on Monday, with stocks in Tokyo and Taiwan rising. But overall trade was thin, with stock exchanges in HK and Australia closed for the holidays. The PBOC's Christmas Day move caught markets off guard, and weighed on commodity stocks in early trade; the Australian...

28.12.2010

NTDTV

Guangzhou Auto Show Aims at China's Domestic Market

They say money can't buy happiness, but it certainly can buy cars, and in China's case, about 17 million this year alone. This translates to a staggering 35 percent or so rise from a year earlier, and global automakers clearly want a slice of the pie. At least five international carmakers launched new models at the Guangzhou Auto Show, with...

23.12.2010

NTDTV

Honda Tests Solar Strategy for New Electric Vehicles

Honda Motor says it's looking to create a solar energy-based transportation system to support its two and four-wheeled electric vehicles and plug-in hybrids. It’s a lineup the company calls "personal mobility." It’s conducting a series of tests with the local government of Saitama, Japan. Honda hopes to establish the viability of its...

22.12.2010

NTDTV

Honda Revs up China Sales Plan

Honda Motor's plan to boost its Chinese sales and production lifted its shares on Monday, while a Mainland joint venture announced a new brand to be launched in 2011. Japan's No. 2 is targeting 10 percent growth in China sales to 730,000 vehicles next year, with output rising to nearly 900,000 cars by 2013. Honda operates two joint ventures...

21.12.2010

NTDTV

Japan Tankan Survey Reflects Economic Pain

The mood of major Japanese firms worsened for the first time in almost two years in a central bank survey, paving the way for a likely economic contraction this quarter. Major manufacturers' sentiment weakened to a plus 5 reading, better than expected but still down for the first time since March 2009 in the wake of the global financial...

16.12.2010

NTDTV

Buyers Lined-up for AIG's Nan Shan Insurance Company

A buyer for AIG's Nan Shan Life unit may be chosen as early as next week. Sources say a preferred buyer may be named on December 15th, or bidders may be shortlisted and briefed on the next step of the bidding process. As many as five companies have submitted bids including Cathay Financial, Fubon and Chinatrust. AIG is seeking to sell Nan...

10.12.2010

NTDTV

France And India Sign $20 Billion in Trade Deals

Emerging markets and particularly India are seen as the key to expansion for many countries and France is no exception. President Nicolas Sarkozy is the latest in a string of leaders to lead trade delegations there. He's signed deals worth 20 billion dollars with India's Prime Minister Manmohan Singh. They include aviation, defense, and...

07.12.2010

NTDTV

Market Report - Markets Recover After Korean Peninsula Tensions

In today’s market report… South Korean shares opened marginally higher on Thursday, as the shock from North Korea's artillery attack began to ease, while the won fell slightly. South Korea's stocks pared early losses and ended nearly flat on Wednesday, as investors downplayed the impact from a flare-up of tensions with North Korea,...

26.11.2010

NTDTV

Asian Markets Steady Despite Tensions on Korean Peninsula

Asian stock markets steadied Wednesday, after an early sell-off caused by tensions in the Korean Peninsula. The dollar and gold rose as investors sought the safety of lower risk assets. South Korea 's KOSPI pared early losses on bargain hunting, after the benchmark index fell as much as 2.4 percent at the open. Shares of Hana Financial rose...

25.11.2010

NTDTV

Qantas to Resume Some A380 Flights

Australian carrier Qantas will resume limited A380 flights this weekend, after a near three week grounding for safety checks. Qantas CEO Alan Joyce says the airline would put two of its six planes back into service. [Alan Joyce, CEO, Qantas]: "After extensive checking of our engines, working through with regulators both Airbus and...

24.11.2010

NTDTV

Rolls-Royce Signs $1.8 Billion Engine Deal with Air China

Troubled engine-maker Rolls-Royce's fortunes look to be turning around after bagging its second big order from China this month. Rolls-Royce will provide engines to power 20 planes from Air China's Airbus fleet in a deal worth $1.8 billion dollars. The British company has been hit by safety concerns over its Trent 900 engine, after one...

23.11.2010

NTDTV

Airbus May Delay Delivery of New A380 Planes to Address Engine Issues

Delivery schedules for the Airbus A380 may be in jeopardy, after Rolls-Royce asked Airbus-maker EADS to return some engines from production lines. The engine-maker wants to use them to replace faulty ones on A380s already in service. Airbus is scheduled to deliver over a dozen Rolls-Royce-powered A380s by the end of next year. Most are for...

17.11.2010

NTDTV

Japan’s Mitsubishi Motors To Sell Autos At Bic Camera

From auto showroom to electronics store. That's the plan from Japan's Mitsubishi Motors and retailer Bic Camera, which will sell the zero-emission electric cars alongside household appliances like TVs and dishwashers. The leading discount retailer will display Mitsubishi's i-MiEV at four of its biggest stores around Tokyo, offering test...

10.11.2010

NTDTV

Toyota's China Sales Fall

Toyota Motor's China sales in China fell six percent in October, while rival carmakers are accelerating into the world's top auto market. The on-year fall in sales was the first in 18 months for Toyota, which the Nikkei business daily attributed to weaker Sino-Japanese ties. Nonetheless, Japan No.3 Nissan's joint venture actually raised its...

03.11.2010

NTDTV

Honda Shares Flat Despite Profits

Honda's doubling of quarterly profit and robust outlook could not boost shares Monday, as the strong yen and a cut in its sales target weighed on investor interest. Japan's No.2 automaker expects over $6 billion in profit for the full year after a $2 billion quarterly figure, achieving record output in China and other Asian markets. But a...

01.11.2010

NTDTV

Samsung’s Final Quarter Profits May Fall

Top chipmaker Samsung Electronics met expectations with a 17% rise in third quarter operating profit, but is facing a challenging final quarter. The $4.4-billion profit ends a record 1st half, and with demand for chips and flat panel screens seen slumping, analysts say Samsung's 4th quarter profits may fall 25%. Falling demand for PCs is...

29.10.2010

NTDTV

Market Report - Nikkei Flat, Other Markets Fall

In today’s market report… Japan snapped a two day losing streak to close a touch higher, but other Asian stocks fell sharply, led lower by commodity stocks. Oil giant PetroChina led the drop among Hong Kong's energy stocks, while banks weighed on the Hang Seng after Beijing introduced new import payment rules to stop illegal capital...

27.10.2010

NTDTV

Market Report - Stocks Fall; Sony Up on Apple Rumour

In today’s market report… most Asian markets slipped Tuesday. Japanese retailers and exporters found mild support, as the currency inched away from a fresh 15-year high hit Monday. But overall trading was thin, as investors waited for key earnings from blue chips such as Canon and Sony this week. Sony shares rose over 1.5% amid...

26.10.2010

NTDTV

Market Report - Asia Shares Rise, Dollar Eases Post-G20

In today’s market report… Asian markets inched up after the Group of 20 nations agreed to shun competitive currency devaluations. While no specifics emerged at a G20 meeting in South Korea, financial officials also struck a surprise deal to give emerging nations a bigger voice at the IMF. The dollar slipped against major currencies...

25.10.2010

NTDTV

Market Report - China Hike Rattles Asian Stocks

In today’s market report… Asian markets tumbled in early trade, with falls triggered by a surprise rate hike in China. Property stocks led falls in Shanghai and Hong Kong. Vanke, China's largest listed property developer, fell as much as 9.5%. The Shanghai property sub-index was down 3.7% in early afternoon trading. But the Shanghai...

21.10.2010

NTDTV

Market Report - Techs Weigh on Asian Stocks

In today’s market report… Asian stocks struggled to hold on to gains, as weakness in technology shares outweighed gains in banking stocks. The dollar found support from Treasury Secretary Tim Geithner's promise not to devalue the currency. Citigroup's stronger-than-expected earnings lifted Asia's financials, with banks like Mizuho and...

20.10.2010

NTDTV

Market Report - Asian Stock Rally Pauses

In today’s market report… Asian stocks fell as investors took profits ahead of an expected easing in U.S. monetary policy, and G20 meetings later in the week. The dollar rose from 10-month lows, as the market moved to cover heavy short-dollar positions. But markets in Taiwan were not convinced by the dollar's rebound, with...

18.10.2010

NTDTV

Market Report - Japan Eyes Yen Move, Asia Banks Ease

In today’s market report… the dollar remained barely above 10-month lows, as investors trimmed short positions against the dollar for regional currencies. Japan vowed decisive currency market action on Friday, while South Korea warned that foreign exchange tension could fan protectionism. Finance Minister Yoshihiko Noda says Japan will...

16.10.2010

NTDTV

Market Report - Asia Shares Rise on Metals

In today’s market report… the dollar tumbled against a basket of currencies on growing expectations of the value of the dollar to drop and soaring metals prices. The dollar fell across the board, hitting a 28-year low against the Australian dollar and continuing to struggle against the euro and yen. The Australian dollar gained on its...

15.10.2010

NTDTV

Market Report - Investors Eye Currency Markets

In today’s market report… Asian share markets edged higher, with investors eyeing currency markets and strong results from computer chip giant Intel. Japanese Finance Minister Yoshihiko Noda said South Korea's Group of 20 Nations leadership could come under pressure due to its regular currency intervention. The G20 will meet in South...

14.10.2010

NTDTV

Market Report - Shanghai Stocks Outperform

In today’s market report… Asian stocks were up, amid expectations funds would continue flowing into the region. G7 and IMF meetings over the weekend produced no fixes for global economic imbalances. Asian currencies surged led by the South Korean won and Taiwan dollar, raising the prospect of intervention by local authorities. The yen...

11.10.2010

NTDTV

Market Report - Yen Strong Despite Bank of Japan Moves

In today’s market report… the yen remained strong against the dollar, despite words from the Japanese central bank chief that it's affecting the nation's economy. Bank of Japan Governor Masaaki Shirakawa, who’s in Washington for the Group of Seven nations meeting, says the sharp yen rises weaken business sentiment and corporate...

08.10.2010

NTDTV

Market Report - Asia Stocks Rally on Stimulus Hopes

In today’s market report… Asian stocks rose sharply after the Bank of Japan's easing moves spurred hopes of a new round of global central bank action. Regional market investors expect the Federal Reserve and Bank of England to ease policy like the BOJ, which cut interest rates to virtually zero and announced plans to buy a wide range of...

07.10.2010

NTDTV

Market Report - Nikkei Rebounds on BOJ

In today’s market report… Tokyo stocks rebounded, while the yen and Australian dollar fell Tuesday after unexpected policy moves by their respective central banks. The Bank of Japan eased interest rates further to between zero and 0.1 percent, and said it would set aside $420 billion to buy government bonds and other assets to support...

06.10.2010

NTDTV

Market Report - Gold Nears Record, Metals Firms Gain

In today’s market report… Gold neared a record high price, fueled by ideas of further U.S. monetary policy easing and a weaker dollar, while Asian shares hit a two-year high. Copper also flirted with a two-year high, as the jump in metals prices lifted firms like Japan's Sumitomo Metal Mining, as well as miners such as giant BHP...

05.10.2010

NTDTV

Market Report - Asian Stocks Slip, China Bucks Trend

In today’s market report… Asian shares slipped as investors took profits, but shares in Shanghai rose despite new curbs on property sales. Poly Real Estate and Gemdale led the surge among Shanghai's property stocks. Traders say the market was expecting the new measures, and welcomed the certainty after weeks of speculation. Stocks in...

30.09.2010

NTDTV

Market Report - Asian Shares Ease, Japan-China Watched

In today’s market report… Asian shares edged lower, as Japanese investors eyed the yen and bilateral ties with China. The Nikkei dipped as the Japanese currency remained near a post-intervention high with expectations that Japan may buy dollars again. Consumer finance lender Takefuji planned to file for bankruptcy with $5.2 billion in...

28.09.2010

NTDTV

Market Report - Asian Shares Rise Highest in 2 Years

In today’s market report... Asian shares rose Monday to their highest in more than 2 years, cheered by U.S. economic optimism. The Nikkei rose despite the yen hitting a post-intervention high against the U.S. dollar, on improved U.S. business spending in August. Panasonic rose after the Nikkei business daily said the consumer electronics...

27.09.2010

NTDTV

Market Report - Yen Falls on Intervention Talk

In today's Market Report... Japan's Nikkei fell on Friday. It comes after talk of a second round of government intervention to weaken the yen. The yen eased, but Japanese officials declined to say if they had actually stepped in to the markets again. A diplomatic spat over disputed islands between Beijing and Tokyo, and its potential impact...

26.09.2010

NTDTV

Market Report - Dollar Slips, Eyes on Japan Response

In today’s market report… the dollar fell to its lowest level Wednesday since the Japanese government took steps to lower the value of the yen. The yen and euro rose against the dollar, raising expectations that Japan would again intervene after a break of 85 to the dollar. Prime Minister Naoto Kan said in a Financial Times interview...

22.09.2010

NTDTV

Market Report - Asian Shares Mixed, Await Fed

In today’s market report… Asian stocks were mixed. Investors were encouraged by strong corporate news, but cautious ahead of a U.S. Federal Reserve meeting later today, and regional market holidays this week. Tokyo stocks rose in early trade, led by Nissan Motor. Shares of Japan's Number three automaker rose to a four-month high, on its...

21.09.2010

NTDTV

Market Report - Asian Markets Mixed, Eye Fed Meeting

In today’s market report… Asian stock markets inched up Monday, with investors sidelined by a Japanese holiday and a key U.S. central bank meeting. The Federal Reserve is not expected to announce new policy measures late Tuesday, but markets will be focusing on Chairman Ben Bernanke's assessment of the U.S. economy, and hints of future...

20.09.2010

NTDTV

Market Report - Asia Shares Higher, Eyes on Yen

In today’s market report… Asian share markets continued a third week of gains Friday, while the threat of Japanese currency intervention kept eyes on the yen. Japanese shares posted their biggest weekly gain since December 2009, rising further since Japan spent over $21 billion to weaken the yen mid-week. The dollar held near its...

17.09.2010

NTDTV

Market Report - Nikkei up on Japan Yen Intervetion

In today’s market report… Japan intervened to slow the yen's rise for the first time in six years on Wednesday, boosting the Nikkei. The yen earlier touched a 15-year high against the dollar, following a victory by Prime Minister Naoto Kan in a key party election. The finance ministry buying of dollars around 83 yen sent the greenback...

17.09.2010

NTDTV

Arnold Schwarzenegger Considers Bullet Train for California

Japan is blowing its Shinkansen horn for the U.S. and California, with the governor known as the "Terminator" taking a ride on its high-speed bullet train Tuesday. The $165 billion world rail market is estimated to grow over 2 percent a year, while the U.S. market is seen as one of the most promising due to the Obama government's stimulus...

15.09.2010

NTDTV

Market Report - Asian Shares Hit 18 Week High

In today’s market report… Asian shares soared to over four-month highs Monday. Global financial regulators gave lenders as much as nine years to conform with new capital reserve requirements, sending regional banking stocks sharply higher. Japan's top banks, Mitsubishi UFJ and Sumitomo Mitsui, led Tokyo's Nikkei to a near 1% gain. In...

13.09.2010

NTDTV

Market Report - Asian Stocks Hit 4 Month High

In today’s market report… Asian stocks hit a four-month high Friday, after global economic numbers lifted market sentiment. Investors in Japan were encouraged by an upward revision in the country's second quarter GDP numbers, while exporter stocks rose on a mildly weaker yen. The Japanese currency edged back on U.S. job claims and trade...

10.09.2010

NTDTV

Market Report - Australia Shares Dip

In today’s market report… Australian shares led most of the Asian region lower Tuesday. It comes as the nation's election impasse ended with the ruling Labor Party forming a minority government. Miners BHP Billiton and Rio Tinto declined after two independent MPs backed Labor. The decision raised the likelihood that a new 30 percent tax...

07.09.2010

NTDTV

Market Report - Asia Shares hit 4 Week Highs

In today’s market report… Asian stock markets rose to their highest in four weeks Monday, as investors took a more optimistic view of the global economy. The rally was driven by better-than-expected U.S. jobs data, which eased fears of a new recession. Japanese stocks soared, bringing gains so far this month to over five percent, as...

06.09.2010

NTDTV

Market Report - Asia Shares Rise on U.S. Hopes

In today’s market report... Asian shares moved higher Thursday, taking heart from signs that U.S. manufacturing activity is on the rise. Shanghai's benchmark rose after the strong economic data from the U.S. and a bounce in Chinese auto demand. Automakers such as Warren Buffett-backed BYD gained after mainland sales in August rose 59.3...

03.09.2010

NTDTV

Market Report - Asian Shares Up, Nikkei off Highs

In today’s market report… Tokyo stocks led gains in Asian markets Monday, after the Bank of Japan convened an emergency meeting to address the strong yen. The Nikkei posted its biggest gain in 10 days, but pulled back when the BOJ held off on more aggressive steps, opting instead for the expansion of a funding program. The yen recouped...

31.08.2010

NTDTV

Market Report - Nikkei Ends Higher on Yen Plan

In today’s market report… Asian markets reclaimed early losses Friday, after the Nikkei rebounded on news of a government plan to combat the strong yen. Overall sentiment remained wary ahead of a speech by the U.S Federal Reserve Chairman, while overall, markets in Tokyo, Hong Kong and Australia declined for a third straight...

29.08.2010

NTDTV

Yen Pulls Back on Government Intervention Possibility

The yen pulled back from 15-year highs against the dollar on Wednesday, after Japanese officials hinted at possible action, including yen-selling intervention, to stem the currency's rise. Tokyo's Nikkei fell to a 16-month low as the yen firmed to as low as 83.58 against the dollar; but moved back above the mid-84 level after the Japanese...

25.08.2010

NTDTV

Market Report - Asian Shares Mixed, Bets on Abbott

In today’s market report… Asian markets were mixed in early trade Monday, as economic growth worries continued to weigh on investor sentiment. But Australia's miners rose amid expectations opposition leader Tony Abbott would form the next government and scrap Labour's proposed mining tax. The market also found support from reported...

23.08.2010

NTDTV

Market Report - Nikkei Tanks as Growth Worries Rise

In today’s market report… Asian stock markets slipped, pulled lower by new growth worries. Australian stocks were weighed down by political uncertainty. Growth stocks like miners and banks led Sydney shares lower, after U.S. jobless claims hit a nine-month high and manufacturing activity contracted. Surfwear maker Billabong tumbled 10%...

20.08.2010

NTDTV

Market Report - Shares Weaker on Japan GDP

In today’s market report… Asian stock markets fell sharply in early trade Monday, after a sharper-than-expected slowdown in Japan's economy. The Japanese economy grew just 0.4 percent between April and June, adding to ongoing fears about a faltering world recovery. The figure was well below expectations, and sharply lower than the 4.4...

17.08.2010

NTDTV

Market Report - Nikkei Hits 13 Month Low, Yen Gains

In today’s market report… Asian stocks fell to their lowest in about three weeks Thursday, dragged down by the strong yen and the latest round of weak global economic data. Investors fled to the safety of the dollar and the yen, after a widening U.S. trade gap suggested that second quarter U.S. GDP growth was weaker than previously...

12.08.2010

NTDTV

Market Report - Shanghai Stocks Lead Asia Drop

In today’s market report… disappointing Chinese trade numbers and overall caution ahead of a Federal Reserve meeting led Asian stocks to lower Tuesday. Shanghai stocks reversed early gains after lower-than-expected imports. The Shanghai composite fell by as much as two percent, the most in over three weeks. The trade data also weighed...

11.08.2010

NTDTV

Market Report - Asia Down from 3 Month Highs

In today’s market report… Tokyo stocks led falls in Asian share markets Wednesday. The yen climbed to an 8-month high and inched closer to a 15-year peak against the dollar. A stronger yen translates into less overseas earnings for exporters. The dollar fell after weak consumer spending and income reports were added to a string of...

05.08.2010

NTDTV

Market Report - South Korean Exports Grow Faster than Expected

In today’s market report… Asian stock markets rose Monday, after South Korean exports grew faster than expected, while new data showed the Chinese economy was not as weak as feared. The Korean won hit a near 6-week high on the trade figures, while the Australian dollar firmed on the Chinese manufacturing numbers. South Korea's KOSPI...

03.08.2010

NTDTV

Sony, Toyota Have Strong Profits

Shares of Sony and Toyota rose Monday, after Japan's top business daily reported that each returned to profit in the last quarter. Sony is expected to post a profit of up to $343 million, the Nihon Keizai Shimbun reported, bouncing back from an operating loss on solid sales and cost cuts. The consumer electronics conglomerate trimmed nearly...

27.07.2010

NTDTV

Market Report - Asia Slips over U.S. Economy Concerns

In today’s market report… Asian stocks slipped as investor unease over the U.S. economy outweighed firm corporate earnings in Asia. The yen rose to near a 7-and-a-half month high, hitting exporter stocks. That was after U.S. Federal Reserve Chairman Ben Bernanke gave somewhat downbeat comments about the U.S. recovery. Caution also...

22.07.2010

NTDTV

Market Report - Asian Stocks Ease over U.S. Economic Recovery

Asian stock markets started the week lower, as worries about the US economic recovery grew Monday. A sharp fall in US consumer confidence numbers sparked a sell-off in riskier assets, with the yen strengthening to near 7-month highs against the dollar and the euro easing from 2-month peaks on profit-taking. The overall trading tone was...

20.07.2010

NTDTV

Market Report - Asia Shares Weaker

In today’s market report… Asian stock markets remained under selling pressure Thursday. It's amid persistent worries about U.S. economic health. In Korea, the Kospi was down 0.4% after the market had hit a two-year high earlier in the week. Japan's Nikkei was down 1%. Japan's central bank kept interest rates on hold while raising its...

15.07.2010

NTDTV

Japan Faces Possible Credit Downgrade

Standard & Poor's and Fitch are warning Japan of possible credit rating downgrades, after an election humbling raised fears about the government's commitment to fiscal reform. S&P said late Monday that it may cut Japan's sovereign debt rating if the mountain of red ink grows or there is a lack of concrete policy steps, while Fitch...

13.07.2010

NTDTV

London Finance Report - July 9, 2010

The FTSE 100 rebounded on Wednesday after losses earlier in the week, breaking the 5000 mark. The index climbed on Thursday by over 1.8 percent to fifty - one zero five at market close. After reports of a new bid vehicle that will seek to buy British banking assets, bank shares on the FTSE 100 rose with the Royal Bank of Scotland rising by...

09.07.2010

NTDTV

Market Report - Asia Down Amidst China IPO Push

In today’s market report… Asian stocks fell Wednesday as investors grew pessimistic after disappointing U.S. services sector data provided the latest evidence of a global slowdown. The euro rose to a 7-week high against the dollar, on doubts about the U.S. recovery. A rebound in world stock markets Tuesday, mainly propelled by...

07.07.2010

NTDTV

Market Report - Asia Up Despite U.S. Jobs Report

In today’s market report… Asian markets were up on Monday, shrugging off the poor US jobs numbers but showing only meager appetite for increased risk. Investors bought beaten-down shares and took profits on defensive plays, but overall sentiment remained weak, amid signs the U.S. and Chinese economies are slowing. Bank of China...

06.07.2010

NTDTV

Ehemaliger Geschäftsmann warnt vor Investitions-Risiko in China

[Michael Hull, Ehemaliger China Investor] „Sie drückte mich zum Fahrstuhl und man misshandelte mich auf dem Weg.” Michael Hull war sichtlich außer sich, als er erzählte, was am 1. Mai dieses Jahres geschah. Hull ist amerikanischer Staatsbürger, geboren in Hongkong. Im April reisten er und eine Gruppe ehemaliger ausländischer...

30.06.2010

NTDTV

Market Report - Asian Stocks Sink on Euro Woes

In today’s market report… Asian stocks fell and ended the second quarter with their worst performance since the collapse of Lehman Brothers as investors got out of shares and high-yielding currencies on concerns over bank funding in Europe. In Hong Kong, Agricultural Bank of China opened the retail portion of its IPO on Wednesday,...

30.06.2010

NTDTV

Market Report - Asian Shares Ignore G20 Meeting

In today’s market report… Asian shares took little heart from a weekend meeting of G20 leaders, with Japanese stocks leading a number of regional benchmarks lower. Market analysts saw little impact from the summit, where leaders agreed to take different paths to assure lasting growth and securing their financial systems. The G20 said...

29.06.2010

NTDTV

Market Report - Asian Shares Dip Along with Yuan Excitement

In today’s market report… Asian shares eased from highs on Tuesday, as excitement about China's ending its yuan currency peg waned. China's central bank raised the yuan's mid-point against the dollar in its market fixing Tuesday, but doubts continued about how much further appreciation would be allowed. The Nikkei edged back from a...

23.06.2010

NTDTV

Market Report - China IPO Eyed

In today’s market report… gains by regional share markets stalled Thursday, with a variety of factors as well as profit-taking weighing on investors. Agricultural Bank of China, or AgBank, is the last of China's four big state banks to go public. It's now selling a 15 percent stake--through a dual listing in Hong Kong and Shanghai next...

17.06.2010

NTDTV

Market Report - Asia Shakes off Greece Downgrade

In today’s market report… most Asian share markets shook off worries about European debt on Tuesday, following the downgrade of Greece's rating to junk status. Moody's overnight cut in Greece's credit rating, which followed other rival agencies, sparked mild profit-taking, but most regional markets recovered from daily lows. The...

15.06.2010

NTDTV

Market Report - E.U. Woes Hurt Stocks

In today’s market report… concerns about Europe's debt crises continued to weigh on Asian investors, despite earlier gains on Wall Street. Japan's benchmark Nikkei average fell to a 6-month low over concerns that the global recovery was losing steam. Honda Motor stocks plummeted more than 3 percent after a new strike broke out at its...

10.06.2010

NTDTV

Market Report - Japanese Yen Lower

In today’s market report… the Japanese yen lower, boosting exporter shares in Tokyo while the Nikkei rebounded from a six-month low hit Thursday. Toyota plans to hire back contract workers after almost a year as production levels remain robust. The company has been reeling from massive vehicle recalls and criticism that it was slow to...

28.05.2010

NTDTV

Market Report - Federal Reserve Meeting Eyed

In today’s market report… most Asian share markets eased on profit-taking Tuesday after recent rallies, as investors eyed a Federal Reserve meeting this week and growing Greek debt jitters. The euro slid against major currencies, including the yen, on uncertainty about a multilateral bailout for Greece. Commodities prices also...

27.04.2010

NTDTV

Market Report - Asia Dips

Asian shares eased Thursday, as investor confidence in global recovery waned slightly at the start of the corporate reporting season. Continued jitters about whether Greece can meet its debt obligations pressured the euro, as European and IMF leaders met with the nation. The IMF had nudged up its forecast on world growth to 4.3 percent....

22.04.2010

NTDTV

Market Report - Asia Rebounds

In today’s market report… Asian share markets clawed back some losses on Tuesday, as focus shifted from Goldman Sachs to hopes for strong earnings ahead. Regional financial shares rebounded a day after their biggest percentage fall in 10 weeks in the wake of fraud allegations against the U.S. financial house. South Korean...

20.04.2010

NTDTV

Market Report - Sinopec Plants to Invest in Canadian Oil Company

In today’s market report… Shares in China's state-owned Sinpopec rose on plans to invest $4.65 billion in the huge Syncrude project in Canada's oil sands, marking one of the country's largest investments ever in North America. The deal underlines the resurgence in interest in the vast but difficult-to-extract energy resource after...

14.04.2010

NTDTV

Market Report - Toyota Incentives Extended

In today’s market report… Japanese carmaker Nissan is entering a partnership with Renault and Daimler. The three companies said they would swap stakes and jointly develop cars as part of a plan aimed at gaining scale and sharing technology investment costs. The partnership emerged as car makers world-wide seek to become more...

08.04.2010

NTDTV

United States Makes $6.4 Billion Arms Deal with Taiwan

The United States has approved a $6.4 billion U.S. dollar arms deal with Taiwan. The Chinese regime responded by suspending military operations with the United States, postponing high level military meetings and is threatening to place sanctions on some U.S.-based companies. U.S. officials say Taiwan needs the updated weapons to give it...

01.02.2010

Weihnachtsgeld trotz Krise

Trotz getrübter Verbraucherlaune gutes Weihnachtsgeschäft erwartet

Nürnberg/Hamburg – Kurz vor Beginn des Weihnachtsgeschäfts haben Angst um den Arbeitsplatz und gestiegene Energiepreise die Verbraucherlaune im November leicht getrübt. Der GfK-Konsumklimaindex ging zum zweiten Mal in Folge zurück, dennoch rechnen die Nürnberger Marktforscher in der Vorweihnachtszeit mit konsumfreudigen Kunden. Recht...

25.11.2009

NTDTV

Chinesischer Bauer erntet Früchte in Baby-Form

In dem klassischen chinesischen Roman "Reise in den Westen" gibt es eine imaginäre Frucht in Form eines Babys, die demjenigen der sie isst Unsterblichkeit verleiht. Der chinesische Bauer Hao Xianzhang hofft nicht für immer zu leben. Doch er hofft, die sagenumwobene Frucht verkaufen zu können. Der 45-Jährige hat dieses Jahr 18.000 Birnen in...

29.09.2009

Juwelier Harry Winston/Champs-Élysées

„Weltbeste Räuber” in Paris festgenommen

Es hat die französische "Brigade de répression du banditisme" (BRB) nur ein wenig mehr als sechs Monate gekostet, um die Bande aufzuspüren, die am 4. Dezember 2008 in Paris Juwelen im Wert von 85 Millionen Euro entwendet hatte. Die Presse fand zeitweilig recht lockere Worte für die Gangster und titulierte sie „Weltbeste Räuber” und...

30.06.2009

Wirtschaft und Ethik – Widersprüche in sich?

Die Qual mit der Moral

In einer kürzlich von der Harvard-Universität veröffentlichten Studie stellen Forscher fest, dass das Verlangen nach dem Besitz von Waren über ethisches und moralisches Verhalten gestellt wird, was auf Dauer zur Normalität wird. Dieser Studie zufolge stehen Preisnachlässe über dem Wissen, dass Schuhe, elektronische Geräte, Spielwaren,...

18.03.2009

Café-Reise-Bar in Hamburg-Ottensen

Mit Leib und Seele

Selami Albayrak ist viel gereist und kennt die Welt. Er ist Touristiker - mit Leib und Seele, wie er sagt. Dennoch hat er seit sechs Jahren selbst keinen Tag Urlaub mehr gemacht. Anfang 2002 eröffnete er in Hamburg-Ottensen ein Reisebüro und eine stimmungsvolle Café-Bar in einem: die Café-Reise-Bar. Im Interview mit The Epoch Times verrät er...

21.10.2008

Gefahren des chinesischen Marktes

Westen „naiv“ bei China-Deals?

Chinesischen Experten zufolge sind westliche Geschäftsleute „naiv" im geschäftlichen Umgang mit China und würden den langen Arm der Kommunistischen Partei und ihre „Präsenz hinter allem" nicht verstehen. „Sie sehen nur den riesigen Markt mit 1,3 Milliarden Menschen und haben keine Ahnung von den Gefahren des chinesischen Marktes", sagte...

08.10.2008

Wolfgang Riotte neuer Interims-Geschäftsführer bei UNICEF

Köln – Der Jurist Wolfgang Riotte soll UNICEF aus der Vertrauenskrise führen: Als neuer Interims-Geschäftsführer lenkt der ehemalige Staatssekretär des nordrhein-westfälischen Innenministeriums vorübergehend die Geschicke des Kinderhilfswerks. Der 69-Jährige übernimmt den Posten für eine Übergangszeit von einigen Monaten und wird...

21.04.2008

Führungswechsel beim deutschen Pharmakonzern Merck

Darmstadt – Der ehemalige Lufthansa-Finanzvorstand Karl-Ludwig Kley übernimmt die Führung beim Darmstädter Pharmakonzern Merck. Wie das Unternehmen am Mittwoch in Darmstadt berichtete, wird der 55-Jährige den Vorsitz der Geschäftsleitung am 27. April von Michael Römer übernehmen, der Merck seit November 2005 führt.Kley war im vergangenen...

21.02.2007