AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
JAPAN'S NAMCO EXPECTS US$55.4 MLN GROUP LOSS ON SOFTWARE WOES.
TOKYO, Mar 1 Asia Pulse - Namco Ltd. (TSE: 9752) announced Wednesday it expects a group net loss of 6.5 billion yen (US$55.4 million) for the year through March 2001, much larger than the 2.1 billion yen loss predicted earlier, on sluggish sales of home video-game software.
The leading developer of game software posted a group net profit of 6.2 billion yen in the previous year.
The firm will halve its annual dividend payout to 15 yen.
To cope with falling earnings, Namco will target 250 employees, or 10 per cent of the work force, for early retirement.
On April 1, Senior Managing Director Kyushiro Takagi will be promoted to executive vice president with representative rights. Takagi is expected to succeed President ...
- YEN'S RISE DIMS EARNINGS PROSPECTS FOR EXPORT-FOCUSED FIRMS.
- News wire article from: AsiaPulse News March 6, 2007 700+ words
TOKYO, March 6 Asia Pulse - The yen's sharp appreciation is threatening...manufacturing sector are assuming 113.40 yen to the dollar on average for the second...The greenback fell to the lower 115-yen range Monday, approaching the average...
- Asia Pulse Makes Impressive Online Launch
- Press release article from: PR Newswire May 18, 1997 700+ words
...FRANCISCO, May 18 /PRNewswire/ -- Asia Pulse, the Asian-owned and operated real...Profound, Paracel TODAY, and PR Newswire. Asia Pulse creates a continuous flow of updated...said Chris Pash, chief executive of Asia Pulse. "Our staff of bilingual journalists...
- YEN TESTS 3-YR HIGH, MAY FACE UPWARD PRESSURE THROUGH YR-END.
- News wire article from: AsiaPulse News November 20, 2003 700+ words
TOKYO, Nov 20 Asia Pulse - The yen traded at 107.87 yen to the dollar on the Tokyo foreign exchange market Wednesday...The government and Bank of Japan engaged in a 1 trillion yen intervention, selling yen and buying dollars. But almost...
- YEN HAS ROOM TO RISE FURTHER ON WEAK U.S. ECONOMIC OUTLOOK.
- News wire article from: AsiaPulse News March 4, 2008 700+ words
TOKYO, March 4 Asia Pulse - A growing number of market participants believe the yen could appreciate further versus...greenback will slip below 100 yen as concern mounts about a deteriorating...dollar had tumbled roughly 6 yen from 108 yen last week, as...
- YEN'S RISE SET OFF BY U.S. SUBPRIME SHOCK.
- News wire article from: AsiaPulse News February 5, 2008 700+ words
TOKYO, Feb 5 Asia Pulse - Waning yen carry trades and declining investment...Japanese currency new strength. The yen has been rising more sharply since the...Jan. 23, the dollar was at the 104 yen level for the first time since May 2005...
- YEN LOANS BY SOUTH KOREAN BANKS RISE ON WEAKENING YEN.
- News wire article from: AsiaPulse News November 8, 2006 700+ words
SEOUL, Nov 8 Asia Pulse - Yen-denominated loans extended by South Korean lenders rose...sources said Wednesday. The balance of South Korean banks' yen loans stood at 1.14 trillion yen (US$9.69 billion) at the end of last month, up 51...
- YEN MAY LOSE GROUND IN H1, BUT GAIN ON DOLLAR BY YEAR-END.
- News wire article from: AsiaPulse News January 12, 2007 700+ words
TOKYO, Jan 12 Asia Pulse - The yen will be susceptible to selling pressure against the...according to currency market analysts. On Thursday, the yen tumbled against the dollar to cross the 120 yen barrier, its lowest level in about 13 months. The...
- ANALYSIS - RISING YEN GIVES JAPANESE SHARES A SCARE.
- News wire article from: AsiaPulse News March 22, 2007 700+ words
TOKYO, March 22 Asia Pulse - Japanese stocks have been moving inversely to the yen lately as investors remain wary of a stronger yen, but the yen-carry trade and corporate earnings may not be real causes for concern. A strange phenomenon is...