Japan's top mobile phone player, NTT docomo, is looking for overseas acquisitions amid tough competition at home. New CEO Ryuji Yamada says a recent 30% stake in a Bangladesh carrier is just the beginning and Docomo's attention will centre on Asia. SOUNDBITE: RYUJI YAMADA, CEO, NTT DOCOMO SAYING (JAPANESE): "More than the U.S. or Europe our priority is the Asia-Pacific region, next is the Middle East and Africa, but first is Asia-Pacific." Docomo claims almost half of Japan's over 100 million cellphone users, earning $7.8 billion last year, but faces a tough fight with No.2 KDDI and Softbank, which will sell Apple's iPhone. Not giving up on its own efforts to sell iPhone, Yamada says he wants to see how well Apple's smartphone sells. SOUNDBITE: RYUJI YAMADA, CEO, NTT DOCOMO, SAYING (JAPANESE) "We have phones for the e-mail culture, "one seg" multi-media and "wallet" transaction cellphones. Some customers will say...
A bank in India is helping sex workers save their money for a brighter future. MOREINFO: The bank was started by a sex-worker collective in the heart of Mumbai's red light district. More than...
After more than two decades in the international banking doldrums, Japan is back. Japan's Nomura has agreed to buy Lehman Brothers' equities and investment banking business in Europe and...
Touchscreen phones led by Apple are becoming the mobile sector's next killer application, and Asian makers and consumers are increasingly joining the party. Peter Chou, CEO of world No.1...
After more than two decades in the international banking doldrums, Japan is back. Japan's Nomura Holdings is to pay up to $525 million for Lehman's Asia Pacific franchise and is...
TiVo, the popular U.S. television-recording device, is finally arriving in Canada in early December. - The TiVo set-top device, which allows viewers to record shows and skip commercials,...
Hong Kong shares rebound on Thursday(October 9), after recording a nearly 13 percent slide so far this week, helped by coordinated central bank action around the world and a raft of favourable...
Asia stocks ended the week on a high note with investors soothed by signs of bigger than expected economic growth figures in the United States. Exporters such as Toyota were among the top gainers....
While consumers in the United States struggle with rising fuel prices, Venezuela's gasoline the cheapest in the world at 12 cents per gallon. Venezuelan President Hugo Chavez, a fierce...
Japanese telecom player Softbank saw shares jump Thursday in the wake of a deal to sell Apple's iPhone this year. Top mobile unit NTT DoCoMo and No. 2 KDDI fell after the news, but upstart...
Asia stocks largely gained on Thursday with investors gaining confidence following solid business spending data out of the United States. Japan's Nikkei rose 3 percent (14,124) its best daily...
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