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Sony lifeline for scandal-hit Olympus
AFP, Published on 28/09/2012
» The Japanese electronics giant Sony will invest 50 billion yen ($645 million) in scandal-tainted Olympus, the companies said on Friday, as they both look to turn the page on disastrous chapters.
Sharp shares lose $1bn
AFP, Published on 03/08/2012
» Shares in Japan's Sharp dived 30% to their lowest level in almost 40 years Friday, wiping more than US$1 billion off its value, after the company warned that its annual loss would be bigger than first thought.