Wikio - International Markets

Tascosystem Put On Jasdaq Supervisory Post Due To Audit Problems (Nikkei)

Fri, 29 Aug 2008 19:52:03 GMT

Tascosystem Put On Jasdaq Supervisory Post Due To Audit ProblemsTOKYO (Nikkei)--Tascosystem Co. (2709), which operates a chain of Japanese-style pubs, said Friday evening that its auditor, KDA Audit Corp., expressed no opinion on its consolidated financial statements for the January-June half.

Source : Nikkei (subscribe)

DCM Japan Likely To Report Smaller Drop In Interim Net Profit (Nikkei)

Fri, 29 Aug 2008 19:47:03 GMT

DCM Japan Likely To Report Smaller Drop In Interim Net ProfitTOKYO (Nikkei)--DCM Japan Holdings Co.'s (3050) group net profit for the six months through Aug. 31 is expected to decline 25% on the year to around 3.8 billion yen, beating its existing projection of 3.5 billion yen.

Source : Nikkei (subscribe)

Explore : Japan

EDITORIAL: Economic Plan Falls Short Of Lasting Solutions (Nikkei)

Fri, 29 Aug 2008 19:30:02 GMT

EDITORIAL: Economic Plan Falls Short Of Lasting SolutionsTOKYO (Nikkei)--The government's economic program outlined Friday emphasizes short-term fixes to address rising costs and a faltering economy, but offers little in terms of structural reforms that could provide longer-term benefits.

Source : Nikkei (subscribe)

Breakaway Political Group Already Down A Member On 1st Day (Nikkei)

Fri, 29 Aug 2008 19:27:02 GMT

Breakaway Political Group Already Down A Member On 1st DayTOKYO (Nikkei)--The new splinter party formed by five upper house members suffered an early setback on the day of its official debut Friday as one member abandoned her plans to defect from the opposition Democratic Party of Japan.

Source : Nikkei (subscribe)

Ajinomoto To Increase Seasoning Prices In November (Nikkei)

Fri, 29 Aug 2008 19:12:01 GMT

Ajinomoto To Increase Seasoning Prices In NovemberTOKYO (Nikkei)--Ajinomoto Co. (2802) announced Friday that it will raise prices on a range of items, including its key monosodium glutamate product, as a result of higher costs for raw materials and packaging.

Source : Nikkei (subscribe)

Areva warns of soaring reactor costs (Financial Time)

Fri, 29 Aug 2008 18:00:00 GMT

Areva, France's nuclear engineering group, confirmed that the initial cost of building nuclear reactors is soaring, just as demand is rising for a more cost-effective source of power than oil and coal

Source : Financial Time (subscribe)

Explore : Coal, Energy, Engineering

Nidec To Build R&D Site For Electric Car Motors (Nikkei)

Fri, 29 Aug 2008 17:16:59 GMT

Nidec To Build R&D Site For Electric Car MotorsTOKYO (Nikkei)--Nidec Corp. (6594) announced Friday that it will construct an automotive motor R&D facility in Shiga Prefecture.

Source : Nikkei (subscribe)

M'shita To Invite Ex-BOJ Gov Fukui To Sit On Advisory Panel (Nikkei)

Fri, 29 Aug 2008 17:00:00 GMT

M'shita To Invite Ex-BOJ Gov Fukui To Sit On Advisory PanelOSAKA (Nikkei)--Matsushita Electric Industrial Co. (6752) will ask former Bank of Japan Governor Toshihiko Fukui to be a member of its global affairs advisory panel, which is to be established next month.

Source : Nikkei (subscribe)

NTT East Group To Offer All 50,000 Workers Telecommuting Option (Nikkei)

Fri, 29 Aug 2008 17:00:00 GMT

NTT East Group To Offer All 50,000 Workers Telecommuting OptionTOKYO (Nikkei)--NTT East Corp. plans to give all its 50,000-strong employees the choice of working from home via the telecommunications group's fiber-optic next-generation network, The Nikkei learned Friday.

Source : Nikkei (subscribe)

Bad Loans Send ShinGinko Tokyo To Y3.7bn April-June Net Loss (Nikkei)

Fri, 29 Aug 2008 13:58:55 GMT

Bad Loans Send ShinGinko Tokyo To Y3.7bn April-June Net LossTOKYO (Nikkei)--ShinGinko Tokyo on Friday reported a net loss of 3.7 billion yen for the three months ended June 30, compared with a 3.6 billion yen loss a year earlier, with the disposal of nonperforming loans continuing to weigh on its bottom line.

Source : Nikkei (subscribe)

Explore : Tokyo

Developers look to offload hotel land (Daily News Analysis)

Fri, 29 Aug 2008 22:51:00 GMT

Real estate developers who had diversified into the hotel sector to de-risk their business are in for rougher times as the sector is now scaling back its expansion plans.

Source : Daily News Analysis (subscribe)

Explore : Business, India, Markets

AppLabs to tie up with systems integration cos (Daily News Analysis)

Fri, 29 Aug 2008 22:50:00 GMT

With buyers of IT bundling several services into a single deal, niche or standalone service providers are increasingly looking at partnering with large SI firms to acquire business.

Source : Daily News Analysis (subscribe)

Explore : Business, Hyderabad, India

SABMiller says growth on track (Daily News Analysis)

Fri, 29 Aug 2008 22:49:00 GMT

SABMiller India, a subsidiary of the second-largest brewing company in the world, said its growth in the country is on track, despite the slowdown in the industry.

Source : Daily News Analysis (subscribe)

Explore : India, Markets

Price fall hurting Betapharm: Dr Reddy's (Daily News Analysis)

Fri, 29 Aug 2008 22:48:00 GMT

Dr Reddy's Laboratories Ltd (DRL) is facing significant pressure on its business in Germany as regulations and growing competition drive down prices, its chief executive said.

Source : Daily News Analysis (subscribe)

Explore : Business, Hyderabad, India

ITC sees wealth in waste (Daily News Analysis)

Fri, 29 Aug 2008 22:46:00 GMT

After mainstreaming unorganised businesses such as matchbox, incense sticks and confectionery, tobacco, lifestyle and FMCG major ITC is looking to organise yet another - rag picking.

Source : Daily News Analysis (subscribe)

Explore : Business, Hyderabad, India

L&T eyes $1 bn sales from power play (Daily News Analysis)

Fri, 29 Aug 2008 22:45:00 GMT

Larsen & Toubro is targeting annual revenues of $1 billion from its latest diversification into power. Last year, the company signed a JV agreement with Mitsubishi Heavy Industries.

Source : Daily News Analysis (subscribe)

Explore : Cars, India, Mitsubishi, Mitsubishi, Mitsubishi i

Currency futures debut high on note, low on volumes (Daily News Analysis)

Fri, 29 Aug 2008 22:43:00 GMT

"I am not a trader...," said P Chidamabaram, finance minister, minutes after inaugurating the currency derivatives trading at the National Stock Exchange.

Source : Daily News Analysis (subscribe)

Explore : India, Markets

RBI talks growth pain (Daily News Analysis)

Fri, 29 Aug 2008 22:42:00 GMT

On a day when growth for the first quarter ending June slipped to 7.9%, the Reserve Bank of India on Friday sent a warning on economic growth in the short term.

Source : Daily News Analysis (subscribe)

Explore : Economic Indicators, Growth, India

Going for FD? Check out FMPs first (Daily News Analysis)

Fri, 29 Aug 2008 22:41:00 GMT

Fixed maturity plans (FMPs) seem to have a lot going for them.

Source : Daily News Analysis (subscribe)

Explore : India, Markets

Gucci and Hermès shrug off spending woes (Financial Time)

Fri, 29 Aug 2008 21:48:00 GMT

Luxury goods continued to escape the consumer spending gloom after PPR reported higher-than-expected profits at its Gucci group of brands, which includes Stella McCartney and Bottega Veneta

Source : Financial Time (subscribe)

Explore : Fashion, Gucci Group, Stella McCartney