* Hitachi to spend $2.9 bln to buy out 5 listed units * Bids, losses could halve Hitachi capital by end-H2 -analyst * Qtrly net loss 82.7 bln yen vs 31.6 bln yen profit yr...
CHICAGO, Feb 4 - Companies that supply heavy equipment to the mining and energy industry are slashing production, slashing jobs and slashing forecasts as weak metal and energy prices put the brakes on new machine...
TOKYO, Jan 20 - Japanese construction equipment maker Komatsu Ltd will boost production capacity in China by relocating one of its major plants, a rare sign of expansion in an industry hit by slowing demand....
SHANGHAI, Jan 19 - China is seeking global investors to take a 30 percent stake in its newly incorporated jet engine company which will supply engines for the country's self-developed large commercial aircraft, the official...
TOKYO, Jan 16 - Hitachi Ltd, Japan's biggest electronics maker, now faces an annual net loss of more than $1.1 billion instead of a previously forecast profit, hurt by a sharp decline in microchip sales,...
TOKYO, Jan 16 - Hitachi Ltd, Japan's biggest electronics maker, is expected to post an annual net loss of more than $1.1 billion, hit mainly by a sharp fall in microchip sales, the Nikkei business...
WASHINGTON, Jan 15 - One executive with LG Display Co. <034220.KS> and three from Chunghwa Picture Tubes <2475.TW> Ltd. have agreed to plead guilty and serve U.S. jail time for fixing prices of liquid crystal...
BANGKOK, Jan 8 - Thai electronic parts supplier Single Point Parts (Thailand) <SPPT.BK> said on Thursday it had closed one of its four plants in response to weak demand and the impact of the global...
SHANGHAI, Dec 16 - China may cut its vehicle purchase tax for passenger cars to aid its slumping auto industry, focusing the cut on stimulating purchases of small cars, the official Shanghai Securities News reported...
SHANGHAI, Dec 5 - The Shanghai-listed A shares of Shanghai Electric Group Co <601727.SS>, a maker of power equipment, began trading on Friday at a big premium to the company's share price in Hong Kong....