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Asia 'megacities' face disaster timebomb

Asian nations must act quickly to protect their cities from flooding and other natural disasters as rapid urbanisation raises environmental risks, the Asian Development Bank said Wednesday.

dateAug 15, 2012 in Environment
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Panasonic loss balloons for record red ink

(AP) -- Panasonic's January-March losses ballooned 10-fold to 438 billion yen ($5 billion), completing a year of record red ink at the Japanese electronics maker battered by natural disasters and an ailing TV business.

dateMay 11, 2012 in Business
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