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    Matsushita to drop founder's name

    PRINCIPLES: In an increasingly competitive market for electronics, brand recognition is key. But even after everything becomes 'Panasonic,' the founder's spirit may remain
    Japanese electronics maker Matsu-shita Electric Industrial Co said yesterday it will drop the founder's name and become Panasonic Corp to strengthen its global image under one name.

    [ FULL STORY ]


    Sony amazes CES with TV prototype

    High definition TVs (HDTVs) are slimming down while their pictures and capabilities are beefing up.

    [ FULL STORY ]


    ANALYSIS: Investment giant Goldman Sachs also says US is heading toward recession

    The recession camp got bigger on Wednesday as investment giant Goldman Sachs joined those arguing that an economic downturn is already here or will arrive soon.

    [ FULL STORY ]


    Indian company releases world's cheapest vehicle

    NANO REVOLUTION: The world's smallest compact car will be better and safer than most motorcycles on India's roads, the head of Tata Group told the media
    India's giant Tata Group unveiled yesterday a US$2,500 car it bills as the world's cheapest amid predictions the compact, no-frills vehicle could revolutionize how the country of 1.1 billion people travels.

    [ FULL STORY ]


    UN predicts robust economic growth for Asia-Pacific

    Economic growth in the Asia-Pacific region should remain robust this year despite an expected slowdown in the US and continued appreciation of regional currencies, a UN report said yesterday.

    [ FULL STORY ]


    World Business Quick Take

    ■ TRADE

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