The Bank of Japan is unlikely to adjust its QE program, but it may adjust fiscal policy, noted Sailesh Jha, chief Asia economist at Credit Suisse Prviate Banking and Wealth Management.» Read More
As Chrysler CEO Sergio Marchionne unveiled the new Jeep Grand Cherokee he flashed a smile that said just how far the troubled automaker has come in the last year.
At first glance, it looks like a win/win situation. The partnership of Tesla and Toyota should, on paper, help both companies.
Asian stock markets suffered losses on Friday, with Tokyo and Taipei slumping 3 percent at one point, as persistent worries over the euro zone debt crisis and its negative impact on global economic growth sent investors heading for the exit.
Stocks are likely to continue their aggressive decline and shed another 20 percent as the world economy weakens, economist Nouriel Roubini told CNBC.
Once again, Toyota executives are on Capitol Hill getting grilled about unintended acceleration. Once again, the hearing will end without an understanding of what's behind complaints of Toyota's racing suddenly speeding up. Once again, I can hear supporters and critics saying these hearings are a joke. Both are right.
Asian markets lost ground as political divisions in Europe and fears of more market regulation kept investors nervous and pressured stocks.
As the United States and Europe increasingly exhibit risks typically associated with emerging markets, consider investing in China, India and Brazil, said Richard Kang, chief investment officer at Emerging Global Advisors told CNBC on Wednesday.
They want to move forward. But making sure they don't repeat past mistakes keeps reminding them (and the public) of where they've been. It's the yin and yang of where Toyota executives find themselves this spring and summer.
Asian stocks lost ground on Wednesday, as moves to toughen financial regulation in both the U.S. and Europe rattled markets and reduced the appetite for risk.
Most Asian indexes lost ground on Tuesday in a choppy session. A late turnaround in U.S. markets overnight when the dollar pulled back from a four-year high against the euro, failed to inspire investors as they remained wary of the problems in Europe.
With a first quarter profit of nearly $900 million dollars ($1.66 per share), GM not only showed it is back in the black, but more importantly, laid another brick in the foundation needed for an IPO.
Asian equities fell sharply on Monday, with the Shanghai Composite Index ending more than 5 percent lower, as concerns over the long-term health of the euro zone and weak U.S. earning forecasts dampened investor appetite for risk.
Asian stocks were under pressure on Friday, surrendering part of the prior session's rally, as investors remained skittish in the face of euro zone debt worries and doubts about the U.S. economic recovery.
This year, Ford shareholders will have a little giddy up in their step. And for good reason. In the last year, the Mulally makeover has kicked in gear and revved up Ford's once idling profit engine and stock price.
Asian stocks logged impressive gains on Thursday, following the strong gains on Wall Street, after Spain outlined measures to cut its deficit, easing fears that the Greek debt crisis could spread in Europe.
The real appeal of GM owning the old GMAC would be in making the company more attractive for an IPO.
Asian stocks ended mostly lower on Wednesday after the negative lead on Wall Street, as persistent worries about the eurozone's fiscal health continued to dampen market atmosphere.
Let's see if this makes sense. In the fiscal year that ended in March of 2009, Toyota lost $4.4 billion. A year later, after what was arguably the worst crisis in the company's history, Toyota swung to a profit of just over $2.2 billion. How did that happen?
Asian equities were mostly lower on Tuesday, as lingering doubts about how Greece and other debt-laden euro zone countries will reduce their budget deficits put the brakes on the impressive relief rally in global stocks seen on Monday.
Four months after calling Toyota "safety deaf," Secretary of Transportation Ray LaHood says the Japanese automaker is getting the message. "I think their attitude has changed," said Secretary LaHood after spending more than hour meeting with Toyota leaders including CEO Akio Toyoda. "I came away with the idea Mr. Toyoda has listened to us," said LaHood.