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Briefly: New company to manage iPS patents
(May 16)
Kyoto University said Friday it will set up a company to manage and utilize patents on versatile stem cells developed by Shinya Yamanaka and other university researchers.
Earnings roundup: British Airways earnings more than double, Abercrombie profit rises on sales
(May 16)
British Airways said Friday it will pay a dividend for the first time in seven years after reporting its full-year profits more than doubled.
Japan stocks edge lower, ending winning streak
(May 16)
Tokyo stocks edged lower Friday after a four-day winning streak as investors sold recent gainers such as precision equipment and electronics makers.
Kawasaki Kisen Leads Shipping Shares Higher After Rates Jump to a Record
(May 16)
Kawasaki Kisen Kaisha Ltd. , Japan's third-largest shipping line, led sea-cargo carriers higher in Tokyo after rates for transporting commodities jumped to a record yesterday.
Seaspan Corporation: Seaspan Takes Delivery of New Containership
(May 15)
Seaspan Corporation today announced that it has accepted delivery of its 30th vessel, the CSCL Panama.
Asian Stocks Gain on Japan's Economic Growth; Mizuho Financial, BHP Climb
(May 16)
Asian stocks rose for a fifth day, sending the benchmark index to a four-month high, on speculation China will expand acquisitions of overseas mining companies to secure resources to feed its expanding economy.
Mizuho Rises Most in Two Weeks on Forecast Profit Growth, Planned Buyback
(May 16)
Mizuho Financial Group Inc. , Japan's best-performing bank stock this fiscal year, led the country's banks higher in Tokyo trading after forecasting higher profit and saying it will buy back shares.
SMFG logs 4% net profit gain while cutting subprime exposure in FY 2007
(May 16)
Sumitomo Mitsui Financial Group Inc. said Friday its group net profit in fiscal 2007 rose 4.6 percent from a year before to 461.54 billion yen, helped by boosted overseas lending and higher interest in the ...
Long-term need for short-haul trucking
(May 16)
The need for drayage -- hauling shipping containers between modes of transportation or to their destinations -- is expected to increase as container terminals open in Jacksonville, presenting opportunities and ...
Stocks Advance in Europe, Asia, Led by British Airways; U.S. Futures Gain
(May 16)
Stocks in Europe and Asia rose on speculation earnings and takeovers will increase after British Airways Plc's profit doubled, shipping rates climbed to a record and British Energy Group Plc attracted bids.