Business News

Sharp reports better profit on good LCD demand Posted: 31 Jul 2008 03:15 AM CDT TOKYO (AP) _ Sharp posted a 2.8 percent rise in profit for the fiscal first quarter Thursday as healthy sales of liquid crystal displays for TVs and solar cells helped offset the damage from a strong yen.

Japan's Nikkei ends up 0.1 pct as drugmakers gain Posted: 31 Jul 2008 03:08 AM CDT By Taiga Uranaka

Vishal Retail to raise up to 2 bln rupees via equity Posted: 31 Jul 2008 03:05 AM CDT NEW DELHI (Reuters) - Discount retailer Vishal Retail Ltd is looking at raising up to 2 billion rupees through share sale to fund its expansion plans, a senior company official said on Thursday.

India gold firm, buying interest moderate Posted: 31 Jul 2008 03:03 AM CDT MUMBAI (Reuters) - India's gold prices remained firm on Thursday tracking foreign markets that rebounded from a month's low on bargain hunting, while local demand turned moderate for the upcoming busy season, dealers said.

Mazda profit up on solid vehicle sales growth Posted: 31 Jul 2008 02:48 AM CDT TOKYO (AP) _ Fiscal first quarter profit at Mazda, the Japanese automaker affiliated with Ford, surged to 14.98 billion yen (US$140 million) more than sixfold net earnings a year ago on an accounting change and robust vehicle sales in China and Europe.

Oil steady in Asia as Iran nuclear deadline nears Posted: 31 Jul 2008 02:43 AM CDT SINGAPORE (AP) _ Oil prices were steady Thursday in Asia after crude jumped more than US$4 overnight as Iran vowed to continue its nuclear program and a U.S. agency reported America's gasoline stocks unexpectedly fell last week.

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