Nintendo posts first annual loss
Japanese videogame giant Nintendo on Thursday posted its first annual loss since becoming a public company, blaming a soaring yen and price cuts on its consoles for sinking it $530 million into the red.
Japanese videogame giant Nintendo on Thursday posted its first annual loss since becoming a public company, blaming a soaring yen and price cuts on its consoles for sinking it $530 million into the red.
Business
Apr 26, 2012
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(AP) -- Panasonic Corp. stayed in the red in the latest quarter and projected a huge annual loss due to slumping TV sales and a strong yen.
Business
Oct 31, 2011
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In today's struggling economy, one check on the day's news is bound to turn up reports of unemployment, falling home values and foreclosures.
Economics & Business
Oct 21, 2010
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Asia's business intelligence software market excluding Japan should grow an annual 20.5 percent this year as economies rebound from last year's downturn, a report said Thursday.
Business
Apr 29, 2010
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Japanese electronics and entertainment giant Sony Corp. Thursday announced a third-quarter net profit of 870 million dollars, a result it said "significantly exceeded expectations".
Business
Feb 4, 2010
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India's biggest software services exporter, TCS, reported Friday that its quarterly net profit rose by 29 percent as the company sealed more deals in a better global business environment.
Business
Oct 16, 2009
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(AP) -- Japan's top chipmaker Toshiba Corp. said Wednesday it will end production of mobile phones in Japan due to plummeting demand amid an economic slump.
Business
May 20, 2009
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Japan's ailing IT giant NEC Corp. said Thursday that it would withdraw from a government-backed supercomputer project as part of its efforts to cut costs during the economic slump.
Business
May 14, 2009
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(AP) -- Japan's top chipmaker Toshiba Corp. tumbled to a record annual loss amid sinking global demand that has forced it to cut thousands of jobs.
Business
May 8, 2009
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Sales of personal computers in the Asia Pacific region excluding Japan fell five percent in the first quarter from the previous year as a global economic slump hurt demand, a report said Monday.
Business
Apr 20, 2009
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