Wednesday, October 22, 2014   

Panasonic back in profit
(02-04 14:57)

Panasonic said Tuesday it swung to a nine-month net profit of US$2.4 billion thanks to the yen's sharp decline and cost cutting as the Japanese electronics giant undergoes a painful restructuring.
The company's 243.0 billion yen net profit between April and December reverses a net loss of 623.8 billion yen in the same period a year ago, while sales came in at 5.68 trillion yen, up 4.4 percent. --AFP
   
Other Business breaking news:
Soft Australian inflation supports low interest rates (1 hr 10 mins ago)
Hang Seng up by lunch (1 hr 26 mins ago)
Nikkei bounces back by break (10-22 11:13)
Hong Kong's consumer prices rose in September (10-21 19:54)
Nikkei ends lower (10-21 17:30)
Hang Seng edges up (10-21 17:29)
Hang Seng down by lunch (10-21 12:25)
Amazon, Simon & Schuster sign book retail deal (10-21 12:09)
Japan air bag maker Takata plunges on US recall (10-21 12:08)
China economic growth falls to five-year low: govt (10-21 11:40)

More breaking news >>

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