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  • Asian Shares End Lower, Rattled by Bhutto Friday, 28 Dec 2007 | 6:18 AM ET
    Benazir Bhutto

    Most Asian markets closed lower Friday  as investors were rattled by the assassination of Pakistan opposition leader Benazir Bhutto, and data pointed to continuing economic weakness in the United States.

  • Japan Airlines to Raise 100-150 Billion Yen Thursday, 27 Dec 2007 | 11:55 PM ET

    Japan Airlines Corp will seek a capital infusion of 100-150 billion yen ($880 million-$1.32 billion) from major creditors and business parters, likely through issuance of preferred shares, the Nikkei business daily reported on Friday.

  • Asian Markets Close Mixed, Japan Ends Down Thursday, 27 Dec 2007 | 4:13 AM ET

    Asian closed mixed, with some boosted by resources companies such as BHP Billiton as oil and commodities prices firmed. But Tokyo closed down, staying on course to end the year as the world's worst performing major stock market.

  • The 'Rodney' Awards: Cars That Get No Respect Wednesday, 26 Dec 2007 | 11:25 AM ET
    2007 Toyota Corolla

    With Detroit essentially shut down for the week between Christmas and New Year's, it's a good time to step back and hand out "The Rodneys": The car and auto brands that -- taking a note from comedian Rodney Dangerfield -- don't get enough respect, according to you, the reader.

  • Asian Markets Are Mixed, Japan Closes Higher Wednesday, 26 Dec 2007 | 1:34 AM ET

    Asian stocks were mostly higher in the afternoon session Wednesday. Trade was thin as many investors were away for Christmas holidays. Japan closed higher be South Korea declined. Other Asian markets including Australia and Hong Kong were shut, and many markets in Europe will also be closed.

  • Tokyo Stocks Hit Two-Week Closing High in Thin Trade Tuesday, 25 Dec 2007 | 1:32 AM ET

    Japanese stocks closed at their highest in nearly two weeks Tuesday as investors picked up recently pressured shares such as Sony, encouraged by a softening yen and after news from Merrill Lynch prompted a rally on Wall Street.

  • Five Christmas Wishes for The Auto Industry Monday, 24 Dec 2007 | 1:21 PM ET
    Smart Car

    With Detroit and much of the auto industry shut down this week and gearing up for the Detroit Auto Show next month, I thought it would be a good time to take a few minutes and share my Christmas wishes for the auto world. I hope Santa brings you everything you want.

  • Asian Markets Rise, Sydney and Seoul Close Stronger Monday, 24 Dec 2007 | 1:18 AM ET

    Asian markets rallied on the Christmas Eve Monday, lifted by technology and bank stocks as stronger-than-expected U.S. consumer spending calmed fears the world's top economy was heading into a recession.

  • Asian Markets End Higher, Tech Lifts Friday, 21 Dec 2007 | 5:03 AM ET

    Asian markets closed higher across the board Friday, having got a lift from technology stocks and year-end program buying by funds. Most of the major indexes finished over 1 percent higher, while the Hang Seng gained 2.3 percent.

  • Asian Markets End Mixed, China Gains Thursday, 20 Dec 2007 | 4:59 AM ET

    Asian markets closed mixed Thursday with Australia slipping into the red after initially rising in the morning and South Korea paring back gains to trade flat. But Chinese shares managed to move higher with property stocks on the advance.

  • Eight Predictions For Autos in 2008 Wednesday, 19 Dec 2007 | 2:57 PM ET

    As we close out this year, I know some of you are asking, "Hey Toyota Phil (a nickname a friend gave me after accusing me of giving the Japanese automaker too much praise) what do you think will happen in the auto industry next year?" Well, since you asked, and I know some of you haven't asked, here are my prognostications for 2008.

  • Japan Cuts Growth Forecast, Sees Recovery in 08/09 Wednesday, 19 Dec 2007 | 6:49 AM ET
    Japanese Flag

    Japan's economy will grow 2.0 percent in the fiscal year starting on April 1, the government said on Wednesday while sharply downgrading its initial forecasts for the current year to reflect tumbling investment in housing.

  • Asian Markets End Mixed, Rally Cools Wednesday, 19 Dec 2007 | 5:34 AM ET
    A man uses his mobile phone in front of electronic stock boards at the Australian Securities Exchange (ASX Ltd.) headquarters in Sydney, Australia.

    Asian stocks were mixed in the afternoon session Wednesday, as markets failed to sustain an earlier recovery. Japan shed 1 percent despite spending most of the session in positive territory. Australia also closed lower.

  • Asian Markets Seesaw in Volatile Trading Tuesday, 18 Dec 2007 | 5:27 AM ET

    Asian stocks seesawed in volatile trade Tuesday with financial counters and exporters taking a roller-coaster ride.  Japan closed slightly lower though the market was well over 1 percent lower at one point. South Korea finished the session up 1.2 percent.

  • Asian Markets End Lower on US Inflation Worries Monday, 17 Dec 2007 | 5:18 AM ET

    Asian markets were sharply lower at the end of trading Monday, with most of the benchmark indexes over 3 percent down at the close. Financial stocks sank as rising U.S. inflation lessened expectations for rate cuts in the world's biggest economy.

  • Asian Markets End Lower on Credit Fears Friday, 14 Dec 2007 | 5:14 AM ET
    A man uses his mobile phone in front of electronic stock boards at the Australian Securities Exchange (ASX Ltd.) headquarters in Sydney, Australia.

    A credit ratings downgrade for U.S. banking giant Citigroup sent Asian financial stocks lower Friday, while the yen sagged after Japanese business sentiment dropped to two-year lows.

  • Asian Markets End Lower on Credit Fears Thursday, 13 Dec 2007 | 5:25 AM ET

    Skepticism about plans by major central banks to tackle tight credit conditions kept Asian stocks subdued Thursday, with all of the benchmark indexes marking a loss for the day.

  • Asian Markets Close Lower, Fed Disappoints Wednesday, 12 Dec 2007 | 4:54 AM ET
    Stock investors watch stock movement at a stock exchange in Chengdu, China.

    Asian markets closed mostly lower Tuesday, after the U.S. Federal Reserve's decision to cut interest rates failed to shore-up investor confidence. South Korean and Australian markets managed to finish slightly higher, however.

  • Here's an interesting move: take a large SUV that struggles to get great mileage and export it to a market known more for compact cars. That's what GM is doing with its HUMMER brand and its expansion into Japan. I'm not sure this makes sense.

  • Asian Markets End Higher Ahead of Fed Decision Tuesday, 11 Dec 2007 | 4:58 AM ET

    Asian markets ended firmly in the green Tuesday in the run up to an interest-rate decision in the U.S. and following a Wall Street rally Monday as credit concerns eased.