Two weeks ago the European Central Bank took the stand to show how it would end the euro zone debt crisis and last week the Federal Reserve delivered aggressive steps to revive the U.S. economy. Now it’s the Bank of Japan’s (BOJ) turn to take the central bank podium.
It was classic American political theater in Ohio. President Obama, campaigning hard to win votes in a state where one out of every eight jobs is connected in some fashion to the auto industry, chose today to announce the U.S. has filed a trade case with the World Trade Organization against China.
Some Japanese firms like Panasonic and Canon shut down factories in China on Monday after violent protests over a territorial dispute, but regional strategists say the disruption to business will be short-lived as the two trade partners cannot afford to let the situation get out of hand.
Currency markets are on high alert for intervention from Japan’s central bank to weaken the yen, which jumped to a seven-month peak overnight after the Federal Reserve outlined aggressive steps to revive the U.S. economy.
The big challenge at Ford remains the mounting losses in Europe. They're already more than $500 million this year and could eventually reach $1.5 billion this year.
After three years filled with recalls, limited supply, and a much needed redesign, the Toyota Camry has become the top selling vehicle in the U.S. Experian Automotive analyzed new vehicle registrations during the first half of this year and found 209,000 new Toyota Camry's in the U.S. compared to 202,000 Ford F-150 pick-up trucks. A year ago, Experian listed the F-150 as number one ahead of the Camry.
The folks at GM headquarters are not happy.
Lower rates don’t make that much difference anymore, and in between bouts of market volatility, investors can actually get back to stock picking, Dinakar Singh, founder and CEO of TPG-Axon Capital, told CNBC’s “Squawk Box” on Monday.
Dinakar Singh, TPG-Axon Capital CEO, discusses the best way to play the health care space.
On August 21, a Chinese fisherman caught a rare fish worth over $475,000. As impressive a haul as that is, it didn’t represent the highest known payday for something caught from the sea.
The chief executive of Japanese technology giant Sony promised an “aggressive,” product-focused turnaround in an interview with CNBC.
The Department of Transportation and the EPA have locked in the new fuel efficiency rules guiding the industry through 2025.
Investing abroad always poses risk but if you’re careful, though, you can profit nicely in overseas markets, some with double-digit year-over-year growth.
Hyundai's U.S. plants are close to hitting full capacity, so the Korean automaker can do little to meet strong demand.
The U.S. Department of Transportation is launching the biggest study ever done on vehicle-to- vehicle communication in hopes of developing technology that could prevent thousands of crashes.
Its DriveNow program has officially launched in San Francisco where board member Ian Robertson believes those living in the city by the bay will embrace having a luxury car ready to rent.
If companies could compete for Olympic hurdles medals, Japan’s track-tested, shin-bruised manufacturing sector would have fielded some of the most hardened corporate athletes in the recent Games, The Financial Times reports.
The subprime auto market continues to churn out strong results for the largest U.S. dealership.
Turkey’s roaring economy has earned it the nickname “New Tiger” among foreign investors -— who are pouring money into the country.
Ankara’s effort at energy self-sufficiency will mean dishing out big contracts without offending any of its major trade partners.