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Asian investors brushed aside worries over continuously rising Chinese inflation today, focusing instead on bargain shopping. Energy companies were a major attraction as oil prices surged. Hong Kong's Hang Seng Index climbed 1.1% and China's Shanghai Composite Index advanced 0.9%. In Japan the Nikkei 225 Index edged up 0.6%.
Japanese electronics company Sharp is turning up the heat in the increasingly competitive solar energy market, announcing plans Wednesday to acquire solar energy producer Recurrent Energy in a cash deal worth upwards of $305 million.
Sharp Electronics is recalling thousands of 32-inch LCD TVs over a concern the neck support of the stand can break and cause the TV to topple, the U.S. Consumer Product Safety Commission said. Sharp said the recall only involves its LC-32SB28UT model TV. The company has set up a website to help...
Japanese electronics company Sharp Corp. (SHCAY) will cut its production of LCD panels as TV inventories piled up in China and the United States. The company will reduce capacity utilization at its Sakai factory by 20%-30% for as long as two months, Reuters said, citing a report in the Japanese...
Sharp Corp. (SHCAY) plans to venture into the smartphone market with a device that has a 3-D panel. Users will not need to wear special glasses to view the panel and the new phone will probably have a 3D-enabled camera, Reuters reported. Sharp is Japan's largest mobile-phone maker but has failed...
Hewlett-Packard has begun a voluntary recall of 54,000 lithium-ion batteries used in notebook computers that "can overheat, posing a fire and burn hazard to consumers," according to the Consumer Product Safety Commission.
The oversupply problem plaguing the solar panel industry may be coming to a close. A glut of panels caused prices to plunge this year, calling into question the future of the industry, as well as the individual fortunes of manufacturers. An increase in demand from Germany is helping to consume the...
In Hong Kong Friday, the Hang Seng Index added 0.7% to close at 22,554, and the Shanghai Composite Index rose 0.5% to end the day at 3,188. Shares fell in Tokyo, sending the Nikkei Index down 0.4% to 9,770. According to the International Monetary Fund, Hong Kong's economic recovery is fragile....
For smaller companies trying to plant a stake in the ground of larger, more established companies, one strategy is simply to team up. That's what three small well-known players in mobile phones could soon announce in Japan, as NEC, Hitachi (HIT), and Casio Computer discuss combining their...

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BAC
Bank of America Corp
8.10-0.09
-1.04%
158.19M
ALU
Alcatel-Lucent (ADR)
2.20+0.26
+13.14%
95.52M
GE
General Electric Company
18.90-0.24
-1.23%
26.45M
F
Ford
12.41-0.28
-2.21%
25.99M

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CIE
Cobalt International Energy
32.62 +8.72
+36.49%
14.25M
LNKD
LinkedIn Corp.
89.53 +13.14
+17.20%
9.05M
ALU
Alcatel-Lucent (ADR)
2.20 +0.26
+13.14%
95.52M
WNS
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10.52 +1.12
+11.91%
2.68M

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KV-A
K V Pharmaceutical Co. Class A
2.10-0.51
-19.54%
1.45M
KV-B
K-V Pharmaceutical Co. Class B
2.16-0.47
-17.87%
4,779
NBG-A
National Bank of Greece SA (ADR)
5.74-1.01
-14.96%
125,314
OSG
Overseas Shipholding Group, Inc.
10.43-1.40
-11.83%
1.35M
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