Japan's Nikkei stock average jumped 2.4 per cent on Monday as concerns about Dubai debt default eased and the yen retreated from a 14-year high on the dollar, with Sony Corp and other exporters climbing.
Acer, the world's No.2 PC maker, said Microsoft's Windows 7 operating system launch last month has been positive for year-end PC sales, though the gains were within expectations.
Japan's Nikkei average climbed 0.9 per cent on Monday as exporters such as Honda Motor Co gained after the yen retreated from a 14-year high against the dollar marked last week.
Lenovo Group said it plans to buy back a mobile handset maker founded by the Chinese personal computer maker in 2002 for $200 million in cash and shares.
The country's largest insurer, Life Insurance Corporation has increased its market share by 10 per cent to 65 per cent by garnering new businesses worth Rs 30,469 crore in the first seven months of the current fiscal.
Lenovo , the world's No.4 PC seller, said on Friday that it will pay $200 million to reacquire the cellphone business it sold off a year and a half ago, as the lines blur between mobile phones and PCs.
Personal computer maker Lenovo Group said Friday it is joining the race to develop products that link phones and PCs by buying back a mobile phone business that it sold last year.