Ed Rogers, CEO and CIO of Rogers Investment Advisors, says Japan's stock markets will likely get over Greece-related risks in the near term.» Read More
Japanese bank lending in May rose at its fastest annual pace in more than a year, as firms borrowed more to cover rising energy and material costs, but economists said the rise did not signal a stronger economy.
With oil surging to $138.54 and being projected by some to hit $150 by July 4, it's putting immediate pressure on automakers to adjust production and push small cars and crossovers while pulling back on trucks and SUVs. On paper, this shift seems simple enough. In reality, it's not so easy.
Losses from investments tied to the U.S. subprime-mortgage market cost Japanese financial firms about $8 billion as of the end of March, Japan's financial regulator said on Friday, up 42 percent from December.
Japan's main opposition Democratic Party will back Kazuhito Ikeo, a government nominee to join the Bank of Japan's rate-setting board, a party official said on Thursday
It's a major achievement Chrysler should rightfully be proud of. But it also highlights the next challenge for them, as well as GM and Ford: closing the "perception gap." First, here's the good news for the Big 3 on assembly plant efficiency.
The United States will not experience a protracted period of economic weakness like Japan did in the 1990s, but the U.S. financial system is hurt by a lack of clear information about banks, Atlanta Federal Reserve Bank President Dennis Lockhart said Wednesday.
Astronauts aboard the International Space Station floated into the lab module on Wednesday after power was activated, kick-starting Japan's permanent place in space.
This year Porsche is number 1 with an average of 67 problems per 100 made. It's followed by Infiniti (jumping from 9th to 2nd), Lexus, Mercedes and Toyota. The Porsche victory is not surprising given it historically does well in quality surveys. Infiniti's jump is impressive and will help that brand continue on the resurgence it's enjoyed in the last couple of years.
Japanese firms cut capital spending less than expected in January-March from a year earlier, prompting views that economic growth for the quarter could be revised higher at a time when uncertainty hangs over the economy.
Mark it down. May is the month that finally broke the back of the Big 3's great run with trucks and SUVs. Oh sure, Detroit still dominates the truck business, but it's clear buyers want something less, that's what is hurting Detroit.
Could America’s subprime slime spell big trouble for foreign economies? Find out what to expect from Stephen Roach, Chairman Of Morgan Stanley Asia.
Toyota Motor is considering downgrading its U.S. sales forecast to account for a worsening outlook for pick-up trucks and other big vehicles, the Financial Times newspaper said on Monday.
Following my blog earlier this week asking you to tell me who is to blame for GM's problems, I received the following e-mail from the automaker. Give it a read and let me know what you think.
In the last 10 years, the Big 3 have struggled to come up with sedans to beat the Camry, Corolla, Civic and Altima. In fact, if you look at the top 10 best selling cars right now, only 4 are American models: The Ford Focus, Chevy Cobalt, Malibu and Impala.
Asian markets edged up Friday, led by exporters in Japan, as fears of a deep U.S. recession receded, but gains were capped by worries that inflation will cut into growth and lead to higher borrowing costs.
Japanese annual inflation dipped to 0.9% in April, thanks to a short-lived cut in a gasoline tax, but economists warned this would bring just temporary relief and a new decade high loomed.
Manufacturing activity in Japan fell in May to the lowest in more than six years largely due to declining output and new orders, according to a survey issued on Friday.
Asian markets rallied Thursday with Japanese shares making their biggest daily gain in amonth, after a monthly gauge of U.S. business spending rose to its highest this year. Tokyo closed 3 percent higher, but China's main index slumped.
Japan's retail sales rose less than expected in April from a year earlier, suggesting that higher energy and food prices are putting consumers off their shopping.
The Japanese government nominated hawkish economics professor Kazuhito Ikeo to the Bank of Japan's rate-setting policy board on Thursday, despite his previous rejection by opposition lawmakers, setting the stage for another political tussle in parliament.1st paragraph of story should go here