Japan mulls high-tech economic stimulus

Japan may invest two billion dollars or more in new information and communication systems under an economic stimulus package with the aim of creating 400,000 jobs by 2011, an official said Tuesday.

Senator may have won fight over private rocket manufacturing

For months, a powerful Republican senator from Alabama has fought the Obama administration to block $150 million that the White House wanted to spend to help private companies build rockets capable of reaching the international ...

Japan's Sharp reports 1.3 bln dollar annual loss

Japanese electronics giant Sharp Corp. announced an annual net loss of 1.3 billion dollars, its first ever, due to a slump in sales, but it forecast a return to profit this year.

Tax rebates not a quick fix for the economy

(PhysOrg.com) -- If last year's tax rebates are any indication, one-time payments from the government are a weak economic stimulus, say economists at the University of Michigan.

Chip sales down 30 pct in March: SIA

Global semiconductor sales fell nearly 30 percent in March compared with a year ago but improved slightly over the previous month, the Semiconductor Industry Association (SIA) said Friday.

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