Japanese Prime Minister Shinzo Abe on Friday made a widely expected decision to roll out additional fiscal spending.» Read More
Asian stock markets ended mostly lower Thursday after paring earlier gains on the back of leadership changes in Australia.
China is going through the labor unrest and growing pains that you would expect in a country that pass up the U.S. in auto sales last year. In the last two months there have been strikes and labor unrest at different auto plants in China. Compared to some of the doozies in the past here in the U.S., these are mild. But I suspect this is just the beginning.
Asian stocks slid on Wednesday after Wall Street closed lower as an unexpected fall in poor U.S. housing data added to worries about the fragility of the global economic recovery and optimism over China's promise to make the yuan more flexible faded further.
For years people have derisively said, "oh that's a chick car" when describing a certain model supposedly favored by women. Whenever I would hear people in the auto industry use this term, I'd think to myself, "Talk about making a broad, often incorrect generalization."
It's ok to admit it. It's ok to say that you are skeptical of the J.D. Power report that the Big 3 have passed up foreign automakers when it comes to quality. There are more than a few of you out there who e-mailed me last week to say that you aren't buying it.
There are reports out of Japan that Toyota is setting a target of cutting prices 30% by 2013 in a strategy shift designed to keep up with hard charging competitors Volkswagen and Hyundai.
The Obama administration's six-month moratorium on oil drilling could benefit BP, John Kingston, director of oil at Platts, a provider of energy information, told CNBC.
Asian stocks were mixed in directionless trade on Friday, after Wall Street closed with slight gains.
For the first time ever, the J.D. Power Initial Quality Study has found America's automakers build new models with fewer problems than their foreign competitors.
Asian stock markets traded rangebound on Thursday, after major indices on Wall Street ended mostly flat on mixed economic data and a disappointing outlook from FedEx.
Asian stocks jumped on Wednesday, after a number of successful European debt auctions eased investor concerns about the euro zone's solvency crisis.
Despite a woeful track record in the U.S. In the last ten years, they haven't given up on winning over Americans. In fact, the folks at VW believe they can eventually sell a million vehicles here in the U.S. It's an ambitious goal for a company that sold roughly 300,000 (including it's luxury line Audi) here last year.
Asian stocks were rangebound in cautious trade on Tuesday, following Moody's downgrade of Greece's debt to junk status.
They're all increasing production. Building more cars and trucks, gearing up for what we've been told to expect: a steady increase in auto sales. But increasingly, there are indications we may not see a summer surge.
Asian stocks rose to a one-month high on Monday, led by a rally in the technology sector, after semiconductor chipmakers last week gave positive news about demand, helping Wall Street recover early losses on Friday.
An ad placed in Japanese magazines by the Ministry of Finance shows that sometimes truth is stranger than fiction.
Asian stocks jumped on Friday, following a rally on Wall Street which saw all three major indices gaining nearly 3 percent.
Asian shares climbed on Thursday, with Tokyo and Taipei up over 1 percent, as better-than-expected Chinese exports added to optimism that the global economic recovery is on track.
Asian stocks ended mixed Wednesday, with Tokyo down 1 percent but Shanghai posting strong gains, after Wall Street finished mixed in choppy trading.
On the surface, the massive number of models recalled and the threat of vehicle fires has people asking, "Are GM and Chrysler now going down the same path as Toyota earlier this year?"