360° Coverage : Olympus investors seek $240 million compensation

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Olympus investors seek $240 million compensation

Source: Miami Herald, Nov 13 2012, 8:13am CST

TOKYO -- Olympus Corp. says nearly 50 shareholders have filed a suit seeking 19.1 billion yen ($240 million) in compensation for their investment losses stemming from a massive accounting scandal. The Japane ...

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10

1 hour ago

Asia shares down ahead of Bernanke testimony

Source: Inquirer  |   May 20 2013, 10:28pm CDT

HONG KONG—Asian shares were mostly down Tuesday after a dip on Wall Street ahead of a testimony from the US Federal Reserve chief and a policy meeting of the Japanese central bank. The dollar turned higher against the yen in ...

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Update
9

4 hours ago

Tokyo stocks open down 0.63%

Source: Big Pond News  |   May 20 2013, 7:39pm CDT

Tokyo stocks opened 0.63 per cent lower after the dollar fell against the yen while US stocks weakened. The benchmark Nikkei 225 index, which closed at its best level since December 2007 on Monday, gave up ...

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Update
8

4 hours ago

Nikkei slips from 5-1/2 year high on stall in yen weakness

Source: Reuters Mobile  |   May 20 2013, 7:06pm CDT

Track and analyse performance of all BSE sectoral indices and other global indices on a single page. Full Coverage Passersby walk past in front of a stock quotation board outside a brokerage in Tokyo May 10, 2013. TOKYO (Reuters) - Japan's ...

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7

6 hours ago

Hope in Japan That ‘Abenomics’ May Be Turning Things Around

Source: The New York Times  |   May 20 2013, 5:25pm CDT

TOKYO — After years of grinding malaise, Japan suddenly has some of its bling back. A humbled Sony — once a titan of Japan Inc. — recently sprang back into the black for the first time in five years, courtesy of a plunging yen. Honda, anot ...

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6

7 hours ago

Falling yen might yield bargains on Japanese products

Source: GoErie.com  |   May 20 2013, 4:37pm CDT

Attention, bargain-hunters around the world: Japanese goods -- from cars to televisions -- are going on sale. Credit Japan's drive to pump cash into its economy to stimulate growth. The extra money flood ...

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Update
5

15 hours ago

Singapore PM to visit Japan

Source: SINA English  |   May 20 2013, 8:40am CDT

SINGAPORE, May 20 (Xinhua) -- Singapore Prime Minister Lee Hsien Loong is scheduled to be in Tokyo, Japan on a four-day official visit starting from Tuesday, local broadcaster Channel NewsAsia reported. Li will d ...

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Update
4

16 hours ago

Japanese manufacturing mood turns positive

Source: Gulfnews  |   May 20 2013, 7:48am CDT

Tokyo: Japanese manufacturers’ sentiment rose for a sixth straight month in May, turning positive for the first time in a year, a Reuters poll showed, and providing further signs that Prime Minister Shinzo Abe’s expansionary policy has generated more con ...

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Update
3

16 hours ago

Kinbasha Gaming International, Inc. Announces Introduction of Lower Denomination Slot Machines in Tokyo Metro Area

Source: Street Insider  |   May 20 2013, 7:31am CDT

HITACHI, JAPAN -- (Marketwired) -- 05/20/13 -- Kinbasha Gaming International, Inc. (OTCQX: KNBA), owner and operator of retail pachinko gaming centers in Japan, today announced that it has successfully introduced lower denomina ...

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Update
2

17 hours ago

Singapore shares end flat

Source: Channel News Asia  |   May 20 2013, 6:05am CDT

A trader monitors stock prices on a TV screen. SINGAPORE - Singapore share prices ended flat on Monday amid broad gains across Asia. Asian stocks advanced on Monday as the US dollar's continued rise pushed Japanese stocks 1.5% higher to a fresh five ...

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Update
1

19 hours ago

Gold Slump Hits Silver

Source: Wall Street Journal  |   May 20 2013, 4:14am CDT

By Clementine Wallop Gold's longest slump since the financial crisis extended for an eighth day, with the tumble spilling over into silver, which fell to its lowest level since 2010.Falling appetite for the safe haven of gold has pushed th ...

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