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Tuesday, April 22, 2014
Rising costs for materials and labor appear to be pressuring U.S. businesses, according to a quarterly survey from the National Association of Business Economics.
Can't be bothered to show anyone what you're thinking? Then a Japanese scientist has the answer — a pair of digital eyes that can express delight and anger, or even feign boredom.
 > Japan
Biofuels made from the leftovers of harvested corn plants are worse than gasoline for global warming in the short term, a study shows, challenging the Obama administration's conclusions that they are a much cleaner oil alternative and will help fight climate change.
Hot money is flowing back into Asian economies driven by investors' appetite for risky assets and higher returns, as tension in the Ukraine subsides while the prospects of a slowdown in China raise hope for fresh stimulus.
Vietnam's steel import volume experienced a modest year-on-year increase of 2 percent to 2.2 million tonnes, valued at US$1.5 billion, in the first quarter of 2014.
 > Korea
Hasbro returned to profitability in its first quarter, driven by sales of girls' toys such as My Little Pony and Nerf Rebelle. The prior-year results were dragged down by restructuring charges.
Global stocks were mixed Monday in light trading after Japan reported a record annual trade deficit and investors looked ahead to economic data this week from China and South Korea.
Chinese stocks tumbled 1.52 percent Monday on fears of a possible market glut after authorities revealed a list of several firms planning initial public offerings (IPOs).
The yen was weaker against the dollar and the euro in quiet Asian trade Monday after data showed Japan's trade deficit quadrupled year-on-year in March.
The price of oil edged down Monday but stayed above US$104 per barrel as investors watched simmering tensions in Ukraine.
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