Toshiba Unveils No-Glasses 3-D TV

Toshiba (TOSBF) unveiled a new 3-D TV that viewers can watch without wearing special glasses.

The 3-D liquid crystal display TV uses a high-definition screen backlit with LEDs, a special sheet on the screen and chip technology to display information from nine images, The New York Times reported.

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The TV can convert 2-D images into 3-D and will sell for prices as low as 120,000 yen…

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Toshiba Unveils No-Glasses 3-D TV originally appeared on DailyFinance on Mon, 04 Oct 2010 08:15:00.

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AIG Sells Two Japanese Units for $4.8 Billion

As expected, American International Group (AIG) said Thursday it will sell AIG Star Life Insurance and AIG Edison Life Insurance in Japan to Prudential Financial (PRU) for $4.8 billion. The deal marks yet another step in the bailed-out insurer’s effort…

Nissan Raises China Production Target

Nissan (NSANY) raised its production target for China, the world’s largest auto market.

The Japanese automaker raised its production target to 1.2 million units in 2012, from a previous target of 1 million, BBC News reported. The company currently produces 670,000 units a year in China.

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Nissan is now the top-selling Japanese automaker in China, having overtaken Toyota. The company…

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Nissan Raises China Production Target originally appeared on DailyFinance on Mon, 20 Sep 2010 08:49:00.

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Japan Intervenes to Push Yen Lower; Nikkei Rallies

Japan finally intervened in foreign exchange markets for the first time since 2004 to stop the relentlessly rising yen, pushing it sharply lower. As a result, Japanese stocks surged over 2%, led by exporters.

Following Tuesday’s win of Prime Minister …