TOKYO (dpa-AFX) - The Japanese stock market is trading lower on Wednesday,
with the overnight weak close on Wall Street and the escalating violence in Iraq
The benchmark Nikkei 225 index is down 61.2 points or 0.4 percent at...
Pioneer Corp. is selling most of its struggling audiovisual equipment business to Hong-Kong based investment fund Baring Private Equity Asia and rival Onkyo Corp. for an undisclosed sum, signaling another major pullback from consumer electronics.
Japanese electronics maker Pioneer Corp said Wednesday it would withhold its full-year forecast due to the impact of severe flooding at its plants in Thailand.
The firm retracted its earlier forecast for the full year to March 2012 as it has...
Pioneer Corp., a Japan-based maker of car-navigation systems, fell the most in a month, leading declines among manufacturers including Nikon Corp. after plants in Thailand were shut because of flooding.
Pioneer Corp. said Wednesday it lost 130.5 billion yen ($1.35 billion) in the recent fiscal year, widening from a 19 billion yen loss the year before. The results, however, were roughly in line with analysts' expectations for a 128 billion loss,...
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