Nanjing, July 10, 2008 - (ACN Newswire) - Fujitsu Limited today announced that its PalmSecure palm vein biometric authentication system has been selected for use in IT solutions offered by Jiangsu Province-based systems integration company Sinosoft Technology Plc. Sinosoft Technology
Tokyo, July 10, 2008 - (JCN Newswire) - Kobe Steel, Ltd. has reached agreement to sell the business of its U.S.-based subsidiary Kobelco Metal Powder of America, Inc ("KOMPA") to North American Hoganas, Inc., a subsidiary of Sweden's Hoganas AB.
Tokyo, July 10, 2008 - (JCN Newswire) - Toyota Motor Corporation (TMC), with a long-term aim toward enhancing its ability to flexibly respond to rapid fluctuations in North American market demand and toward facilitating a stable supply of North American-made
Japanese department store operator J.Front Retailing Co. said Thursday it has lowered its group earnings estimates for the current business year to February 2009. The firm cut its sales estimate to 1,154.5 billion yen from 1,195 billion yen. The operating
Fast Retailing Co. , the operator of the UNIQLO casual clothing chain, reported Thursday solid earnings for the nine months ended last May as its domestic and overseas operations performed well. Group net profit jumped 26.8 pct from a year
Japan's Toyota Boshoku Corp. said Thursday it will spend some 3.9 billion yen to make automotive seats in France. The affiliate of Toyota Motor Corp. will acquire a plant from France's Faurecia, the world's third largest automotive interior equipment maker,
Kobe Steel Ltd. said Thursday it has agreed to sell its iron powder business in North America to a unit of Sweden's Hoeganaes AB. Kobe Steel's Kobelco Metal Powder of America Inc. unit, based in Indiana, will shift its production
Tokyo, July 10, 2008 - (ACN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has boosted its cumulative orders for gas turbines from the Middle East to 80 units with the receipt of two new orders: one for eight units for
The benchmark Nikkei average finished the morning marginally lower on the Tokyo Stock Exchange Thursday, after erasing much of its earlier losses on buybacks apparently by short-term players. At the morning close, the 225-issue Nikkei average stood down 12.64 points
Nissan Motor Co. and its French partner Renault SA said Wednesday that they will jointly release electric vehicles for the mass market in Portugal in 2011. Portugal is the third country, following Israel and Denmark, for which Nissan and Renault
Major Japanese electronics makers such as Sony Corp. and Toshiba Corp. will join forces in a government-backed project to develop basic technologies for mass production of large organic electroluminescence display panels, it was learned Thursday. The joint project is aimed
British-Australian resource giant Rio Tinto said Thursday it will sell its uranium development project in Western Australia to a joint venture between a Canadian uranium producer and major Japanese trader Mitsubishi Corp. . The joint venture, of which 70 pct
Japan Airlines is considering abolishing flights between Kansai International Airport in western Japan's Osaka Prefecture and Heathrow Airport in London by March 2009, it was learned Thursday. The move is part of the company's plan to streamline its flight operations
Japanese tax authorities have found that Livedoor Co. failed to declare taxable income worth 2.36 billion yen over the four years to September 2006, it was learned on Thursday. The National Tax Agency's Tokyo Regional Taxation Bureau discovered the undeclared
The China Daily reported this week that European PE Firm CVC Capital Partners is opening a Beijing office. Founded in 1981, CVC Capital Partners ("CVC") is a leading global private equity and investment advisory firm, headquartered in Luxembourg with a
