Japan is about to join Europe in the debt crisis ranks, with the two regions offering the best opportunities for investors to bet against, hedge fund manager Kyle Bass said.
In a world of large numbers, try wrapping your head around these digits: This year, the world is expected to set a new record with the sale of 80 million cars and trucks. Let me put that into perspective.
That’s the question the auto industry is asking after the Japanese automaker posted strong quarterly earnings, and a forecast for 2013 that centers around increased sales and earnings for the current fiscal year.
EBay subsidiary PayPal and Japanese telecom SoftBank will each invest $12.5 million in a joint venture to introduce PayPal’s mobile payments service to Japan.
Call it prosperity without a whole lot of pull, at least when it comes to investors. This is the new reality of the auto industry. Business is booming, profits are strong, investors are indifferent.
Parallels are being drawn between Europe’s current debt crisis and Japan’s so-called Lost Decade, when the Asian country’s economy imploded in the 1990s. The NYT reports.
NYSE Euronext and CME Group, the two US exchange groups, have submitted bids for the London Metal Exchange, valuing it at up to £1 billion and kicking off a contest for the commodities business, according to people familiar with the matter. The FT reports.
As expected, Toyota is revving up sales and showing once again why the Japanese automaker is making good on a plan to win back sales “lost” last year.
With a new car and new digs in downtown Detroit, Chrysler CEO Sergio Marchionne is engineering a spring renaissance for his company.
CNBC's Jane Wells discusses the details of Las Vegas Sands' earnings report.
While the commercialization of nuclear fusion takes baby steps into its fourth decade, the next-generation of fission plants could be supplying power within a few years.
In a country where gas is more expensive than the U.S. ($4.42/gal), where the roads and highways and are still being built out, and where congestion chokes the traffic in big cities, China's love of the SUV runs strong.
Just as foreign investor interest in the Japanese stock market has picked up, old fears have reawakened over the level of insider trading ahead of deals. The FT reports.
Japan’s stock market has had a record first quarter, with the benchmark Nikkei up 13 percent year to date, and one analyst expects the bull run to continue as Japanese equities provide a good hedge against a slowing China
The Bank of Japan must act to head off further strengthening in the currency, an economist told CNBC on Monday, after the yen rose to a one-month high versus the dollar on the weaker than expected U.S. jobs report.
One year after the auto industry was hit by parts and components shortages following an earthquake and tsunami in Japan, automakers are scrambling to avoid a repeat of what happened last year.
Given the history of Ford’s Mustang, I shouldn’t have been surprised at the reaction I heard this morning to an article in the Wall Street Journal.
Many Japanese have a sense that their country has outgrown an economic template based on constructing commodity goods, but they disagree over what should replace it. The New York Times reports.
The enthusiasm among passengers was palpable on Peach Aviation’s Flight MM153, as the low-cost carrier made its way from Osaka’s Kansai International Airport (KIX) to Fukuoka early last month. The FT reports.
Read ahead for a list of redesigned cars that not only didn’t improve on the existing models, but may have made buyers wish they could have the old models back.