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In an industry that has been putting up big numbers since getting out of intensive care, one of the most impressive performances has come from Hyundai. look at the fourth quarter and 2010 earnings posted by the company early this morning.
Asian stocks rose Thursday after U.S. Federal Reserve policymakers voted unanimously to maintain a $600 billion bond-buying plan to fuel an economic recovery.
Given the long and growing record of recalls and bad press, you'd expect Toyota to lose millions of customers. And yes, while its sales have not grown as fast as the industry in the last year, Toyota is still the world's largest automaker....here's why.
Asian stocks traded mixed on Wednesday after a flat finish on Wall Street.
Asian stocks climbed on Tuesday after a strong session on Wall Street which saw the Dow Jones Industrials finishing 20 points shy of 12,000.
Whether they be Japanese housewives or folks in India and Indonesia energy and food prices matter – big time.
Though the US-China relationship often dominates the geopolitical trade debate, Beijing is now the top trading partner for Japan, Australia and South Africa, as well as South Korea, Hong Kong and Taiwan.
Political and business leaders invited to the World Economic Forum's annual meeting in Davos this week will sift through the blessings and curses of global interdependence that not only brought the world’s economies to a collective low three years ago but also provide the only realistic return to prosperity
They'll tell you in Detroit, being #1 isn't the most important thing. After all, it's profits not market share that matters. But you can bet GM wanted to pass up Toyota for the global sales title.
Asian stocks were higher on Monday on mild bargain buying after a sell-off last week.
It's been a big week in Washington since Chinese President Hu Jintao arrived. Congressional members have not been afraid to speak their minds when it comes to China's economic, monetary and domestic policies.
Asian stocks finished mostly lower on Friday on concerns over further tightening measures by China after the latest growth figures released on Thursday showed the economy continuing to power ahead.
If you thought the shake-up in the ranks of General Motors would slow down with the company now turning a profit, think again.
The risk of a hard landing in China is growing. It is now clear that Beijing is going to have to intensify its efforts to slow down the economy, because new figures show growth soaring past forecasts and inflation slowing less than expected.
Asian stocks finished lower with substantial declines for Chinese shares on worries stronger than expected growth could lead to tighter monetary policy.
Japan has hit a “critical point” where it risks losing investor confidence if politicians fail to reach agreement on how to rein in the ballooning national debt, a cabinet minister has warned. The FT reports.
Despite an international effort to ensure safe passage through the world’s most treacherous waters, pirates escalated their attacks in 2010 for the fourth straight year, striking more ships and taking more hostages last year than in any year on record, according to an annual report on piracy, the New York Times reports.
Asian stocks opened mostly higher Wednesday, after gains on Wall Street, buoyed by robust earnings for Apple whose stock climbed in extended trade and after target price hikes for Google lifted Wall Street.
China, the biggest buyer of U.S. Treasury securities, reduced its holdings in November after four months of gains.
Ordinarily, the start of production at an auto plant wouldn't get much attention. But today Hyundai started building the Solaris at its brand new plant in Saint Petersburg, Russia and the implications for other auto makers is worth noting.