U.S. stock index futures indicated a flat open on Tuesday ahead of the two-day FOMC meeting, housing data and a busy day of earnings.» Read More
Critics of geographic recalls say they are irresponsible and ignore many realities of the marketplace, including the mobility of drivers.
DETROIT, Oct 31- U.S. auto safety officials on Friday told Japan's Takata Corp to work harder to meet demand for replacement parts for air bags that could prove defective in millions of U.S. cars. On Thursday, Takata agreed to add two production lines to make more air bag parts. Friedman also said Takata had not yet heeded NHTSA's request to contact other air bag...
TOKYO, Oct 31- Japanese stocks soared to levels before the global financial crisis on Friday, after the Bank of Japan stunned markets by easing policy further in a move prompted by slow inflation after an April tax hike dented economic growth. The central bank decided to increase the pace at which it expands base money to about 80 trillion yen per year, up from a...
TOKYO, Oct 31- Japanese stocks rocketed more than 5 percent to levels before the global financial crisis on Friday, after the Bank of Japan stunned markets by easing policy further in a move prompted by slow inflation after an April tax hike dented economic growth. The central bank decided to increase the pace at which it expands base money to about 80 trillion yen...
Asian equity markets followed their U.S. peers higher on Wednesday ahead of the Federal Reserve's policy statement.
Asian equities were mixed on Tuesday ahead of a Federal Reserve meeting with China's benchmark index outperforming the region following strong data.
Honda Motor reported a 4.1 percent fall in second-quarter profit, as it struggles with product recalls that could delay the development of new models.
Japan's Takata is unlikely to be dumped by its automaker customers given the cost and disruption of such a move - for now.
With gas prices down, analysts say it will be even more difficult to persuade buyers to opt for vehicles that plug in rather than tank up.
The problems for Takata grew after U.S. safety regulators expanded a warning about faulty air bags to 6.1 million vehicles in the United States.
The NHTSA said on Monday that certain car owners should "act immediately" to replace defective Takata airbags, affecting 4.7 million vehicles.
Japan's economy is in the spotlight in Asia's business calendar this week as investors look to a suite of economic indicators for signs of recovery following a sales tax hike earlier this year.
Mounting anxiety over global growth and the spread of Ebola dragged Asian bourses lower on Thursday.
Panasonic and other Japanese manufacturers are hoping to turn their knack for robotics into commercial reality. The Financial Times reports.
Asian equities were mixed on Monday in holiday-thinned trade following a better-than-expected U.S. jobs report last week.
Hundreds of flights were cancelled and thousands of people advised to evacuate as a powerful typhoon lashed Japan on Monday.
Asian stocks dropped on Thursday following a weak U.S. lead and continued unrest in Hong Kong, while investors await the European Central Bank's policy meeting.
U.S. consumers bought more cars in September than in the previous year, but early sales results from leading automakers on Wednesday were mixed.
Thousands of tiny shops in India's biggest auto components market do brisk business selling car parts for about a third of the official price.
The big vehicles that were blasted during the recession as gas-guzzling behemoths are now the hottest in showrooms.