Deal to phase out rich-world coal export subsidies elusive *Germany, Japan at forefront of opposition. BARCELONA, May 27- The world's richest nations are unlikely to reach a deal to phase out subsidies for coal exports at talks in June, reducing the chances of a new global climate change agreement at a U.N. conference in Paris, officials and campaigners say. One European Union official, speaking on condition of anonymity,...
| By: Barbara Lewis and Susanna Twidale
Singapore Post reinvents itself for the digital age As postage stamps give way to keyboard clicks, SingPost is redefining the role of the letter carrier, by creating a one-stop shop for retailers' e-commerce needs in Asia. The New York Times reports.
Source: The New York Times
| By: Alexandra Stevenson
State reaches $63 million agreement with LCD manufacturers SEATTLE- The State of Washington has reached a $63 million agreement with nine LCD manufacturers accused of fixing prices for products ranging from flat-screen televisions to computers and cellphones, Attorney General Bob Ferguson announced on Friday. If a King County Superior Court judge approves the agreement during a May 22 hearing, Ferguson said it...
Source: The Associated Press
| By: By MARTHA BELLISLE, Associated Press
Nikkei falls on bond market rout, Konica Minolta jumps *Konica Minolta jumps on higher shareholder returns. TOKYO, May 14- Japan's Nikkei share average dropped on Thursday as another rise in bond yields around the world kept many investors on edge, but Konica Minolta jumped after it joined a growing list of companies announcing higher payouts for shareholders. "I think the market is starting to price in an end of...
| By: Hideyuki Sano
Toshiba says to mark down reported profit for 3 years Japan's Toshiba said it was likely to mark down its reported operating profit for the three fiscal years through March 2014 by a total of at least 50 billion yen ($419.43 million) after an internal probe into accounting irregularities.