Sony Ericsson warned on Friday cellphone market recovery could be slower than analysts expect as the venture reported its seventh straight quarterly loss. Handset makers and chip firms globally had a grim time through 2009

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Schlumberger Ltd, the world's largest oilfield services company, posted higher-than-expected quarterly earnings on Friday and said oil producers were likely to start spending more on new projects. But with analysts worried by profit margins in

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Schlumberger Ltd, the world's largest oilfield services company, posted higher-than-expected quarterly earnings on Friday and said oil producers were likely to start spending more on new projects. But with analysts worried by profit margins in

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Deutsche Lufthansa's chief financial officer has told analysts that some of their estimates for the German airline's 2010 results are too high, the company said on Friday, putting pressure on its shares. A Lufthansa spokeswoman

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Deutsche Lufthansa's chief financial officer has told analysts that some of their estimates for the German airline's 2010 results are too high, the company said on Friday, putting pressure on its shares. A Lufthansa spokeswoman

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Japan's Nikkei average slid 2.6 percent to a three-week closing low on Friday, as a bleak profit outlook from silicon wafer maker Shin-Etsu Chemical hit tech shares, while exporters slipped as the yen strengthened on

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US stocks suffered their worst one-day percentage drop since October on Thursday as US President Barack Obama proposed tough restrictions on banks that would squeeze profits. Major banks slid, with Goldman Sachs falling 4.1 percent

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Seoul shares tumbled on Friday, led by losses in key banking issues including KB Financial Group, but auto and nuclear power issues including KOPEC bucked the negative trend. The Korea Composite Stock Price Index (KOSPI)

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South Korean treasury bonds rose on Friday as foreign investors snapped up bond futures for a 10th straight day, the longest run in two months, amid a global flight to safety by investors following news

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South Korean treasury bonds rose on Friday as foreign investors snapped up bond futures for a 10th straight day, the longest run in two months, amid a global flight to safety by investors following news

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