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Friday, November 20, 2009
Microsoft's new Internet search engine Bing increased its share of the U.S. search market in October, edging up half-a-point to nearly 10 percent, online tracking firm comScore said Tuesday.
Sony said it aims to be profitable in gaming and flat-panel TVs by the fiscal year ending March 2011 as it slashes costs to turn around money-losing businesses.
Sony chief executive Stringer outlines turnaround strategy
Japanese Finance Minister Hirohisa Fujii said on Thursday he was watching bond market moves very carefully as yield rises that are not driven by a strong economy are damaging to growth.
 > Japan
The Internet is still under the control of the United States, participants at a governance forum said, despite a move by America to loosen its grip over the private corporation that administers the net.
Shares of Malaysia's top mobile phone company Maxis Berhad jumped 9.2 percent on their return to the bourse Thursday following the biggest share sale ever in Southeast Asia.
German chipmaker Infineon Technologies AG said Thursday its fourth quarter net income rose sharply from a large loss a year ago as the company saw cost reductions help its results.
China Mobile Ltd., the world's biggest phone carrier by market value, and Research in Motion Ltd., which have an agreement to sell BlackBerry handsets in China, seek to boost the business, China Mobile Chairman Wang Jianzhou said in Shenzhen Thursday.
Cell phone handset maker Sony Ericsson will move its North American headquarters from North Carolina to Atlanta and close a half-dozen sites worldwide as it retrenches against what it expects will be a tighter market and cuts about 1,600 jobs globally.
China Minsheng Banking Corp., the nation's first privately owned lender, raised HK$30.1 billion (US$3.89 billion) in Hong Kong's biggest public share sale since April 2007, three people familiar with the matter said.
Deutsche Bank is set to become the largest shareholder in China's Huaxia Bank after agreeing to increase its stake in the mid-sized lender to 17.12 percent, the Chinese bank said Thursday.
  
  
  
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