Matsushita Electric Industrial Co News

A private equity fund backed by French luxury giant LVMH Moet Hennessy Louis Vuitton SA has bought a stake in Chinese casual-wear company Trendy Group International, highlighting the rise of Chinese homegrown fashion companies in one of the world's fastest-growing apparel markets.

Japanese electronics maker Panasonic forecast Friday it would log a record net loss of 780 billion yen for the year through March, nearly twice its previous estimate, amid weak TV and mobile phone sales and restructuring costs.

TOKYO: More and more women are taking on senior management positions in large companies and the public service in Japan.

When Konosuke Matsushita founded a fledging company making plugs and sockets in March 1918, he could not have predicted the company will grow into the Panasonic empire that it is today.