CEO: Sony needed to act sooner, but will reform (Update)

Sony Corp. Chief Executive Kazuo Hirai said Thursday the company accumulated huge losses because it didn't respond quickly enough to changing market conditions, but promised a return to profit next year.

Panasonic returns to annual profit on weak yen

Panasonic returned to profit after deep losses for the past two fiscal years, as a weak yen and restructuring efforts helped a gradual recovery, and forecast a 16 percent increase in gains for the coming year.

Sea Shepherd claims night 'ambush' by Japanese whalers

Militant anti-whaling campaigners Sea Shepherd said Monday they were ambushed under the cover of darkness by a Japanese whaling fleet in a "ruthless assault" to disable their ship in the Southern Ocean.

Sharp unveils TV positioned between HD and 4K

Japanese electronics maker Sharp is bridging the gap between expensive 4K TVs and HD versions with an in-between solution that's also priced in the middle.

Anti-whalers dismiss 'sham' Australian surveillance

Militant anti-whaling group Sea Shepherd on Monday dismissed as a "sham" Australian government plans to track Japan's annual whale hunt by air instead of by sea, saying it was a toothless and "cowardly" response.

Iceland ups 2014 whaling quotas

Iceland announced Friday it has increased its 2014 quotas for whaling in a move likely to intensify international condemnation of the practice.

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