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Cina India
India cannot surpass China's GDP: China daily
India cannot surpass China's GDP, a state-run Chinese daily said underlining that "unrealistic" praise and forecasts for India are just giving an "illusory picture". The daily said that China's growth may slow down, but the possibility of zero and negative growth is "almost nonexistent".
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India
No bidders for Vijay Mallya's Kingfisher House in Mumbai
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India
AirAsia India appoints Amar Abrol as new CEO
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India
Double-digit growth difficult, says Jaitley
Finance minister Arun Jaitley said that double-digit growth in the current global environment would prove difficult for India, but added that if pending reforms were addressed, it would have the necessary economic impact. Jaitley said agriculture has the maximum potential to grow in India.
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India
Rupee gains 38 paise against dollar in early trade
The rupee strengthened by 38 paise to 66.84 against the dollar at the Interbank Foreign Exchange in early trade on Thursday on increased selling of the US currency by exporters and banks amidst higher opening in the domestic equity market.
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Giappone
Canon agrees to buy Toshiba medical unit
Canon Inc. agreed to buy Toshiba Corp.’s medical equipment unit for ¥665.5 billion ($5.9 billion) as the world’s biggest maker of cameras seeks new growth. The deal will be funded by existing cash and borrowed funds, Tokyo-based Canon said in a statement Thursday. The agreement comes a day after unsuccessful ...
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Giappone
Toshiba sinks ¥360 billion into next-gen NAND memory
Toshiba Corp. said Thursday it will spend around ¥360 billion ($3.2 billion) over the next three years through fiscal 2018 building and outfitting a facility to produce next-generation NAND-type flash memory. The scandal-hit manufacturing giant is expected to discuss the possibility of obtaining additional investment from U.S.-based SanDisk Corp., the ...
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Giappone
February trade surplus biggest in four years
The surplus was due to a stronger yen and weak oil prices, though both imports and exports fell, suggesting persistently slack demand both here and overseas. The post February trade surplus biggest in four years appeared first on The Japan Times.
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Giappone
Toshiba probe stretches to U.S. as Westinghouse accounting comes under scrutiny
Toshiba Corp. is under investigation by the United States over allegations that it hid $1.3 billion (¥146 billion) in losses at its nuclear power operations, according to two people familiar with the matter. The firm’s shares plunged in Tokyo. The Justice Department and the Securities and Exchange Commission are looking ...
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Giappone
Daikin mascot Pichon-kun to tell the weather from Osaka billboard
Japan’s top air conditioner maker hopes a giant billboard of its mascot, Pichon-kun, will take the city of Osaka by storm this spring. The 13-meter-tall, 11-meter-wide full-color LED display, set up by Daikin Industries Ltd. on the rooftop of a building in the Umeda district on Wednesday, will show the ...