Toyota says it sold 4.8M vehicles worldwide in first half, up 2 percent from a ... Star Tribune | TOKYO - Toyota sold more than 4.8 million vehicles worldwide in the first half, up 2 percent from the same period a year earlier, the Japanese automaker said Wednesday. | Toyota's global vehicle sales have been about the same recently as those of U.S. automaker General Motors Corp., the world's to...
Price of oil dips $3 a barrel; stocks bound The Providence Journal | NEW YORK - Wall Street shook off early doldrums and closed sharply higher yesterday after another drop in oil prices encouraged investors to set aside financial sector worries and go bargain hunting across the market. | The Dow Jones Industrial Average rose 135.16, or 1.18 percent, to 11,602.50. T...
Fraud and the subprime bubble Asia Times | By George Pugh | The subprime crisis is ending in massive losses, bare balance sheets and wilted capitalizations: a true rite of spring. Early theories blamed the crash on corporate greed, bad product design, poor analytics, rating agency failures,...
Forks in the markets Asia Times | By R M Cutler | MONTREAL - Differences in the medium-term declines in the Asian stock markets make it possible to identify two groups, or bifurcation, by magnitude, while if one looks instead at short-term volatility, there appears to be three diff...
Strippers jockey for pole position Asia Times | By The Mogambo Guru | The inflation in the prices of stuff has now affected Americans to a material new degree for the first times in our lives; we are gambling less, we are driving less, we are eating in restaurants less, and we are (in general) s...
Industry ask PM to hasten reforms process The Times Of India | NEW DELHI: With the government winning a confidence vote in Parliament, industry body Assocham on Wednesday asked for Prime Minister Manmohan Singh's intervention in speeding up reforms i...
WN / james
Agribusiness products find a home showroom Inquirer | QUEZON CITY, Philippines -- The country's agribusiness sector is getting a fresh boost through the latest export endorsement effort of the Department of Agriculture. | Formally o...
Asia inflation offers some hope worst may be over Inquirer | SINGAPORE - Inflation scaled a 17-year high in Australia and held at a 26-year record in Singapore, but the data, combined with a drop in oil prices, offered a glimmer of hope th...
Oil prices continue on downwards BBC News | Oil prices continued to fall from record highs this month, as fears eased Hurricane Dolly would hit oil and gas supply and US demand dwindled. | A strong session for the dollar a...
Ogilvy Group names Miles Young as new CEO The Boston Globe | NEW YORK—, the world's second largest advertising company, said Tuesday that its division, Ogilvy Group, named Miles Young as global chief executive. | Young, 53, has run Ogilvy in Asia Pacific for the past 13 years, helping it double in size...
Ryder System 2Q profit slips 3 percent on charge The Boston Globe | MIAMI—Trucking company said Wednesday its second-quarter earnings slipped 3 percent, mostly due to a one-time charge related to tax adjustments in its Brazilian supply chain solutions business. | Ryder also narrowed its full-year earnings pre...
EU bars German region from giving DHL aid The Boston Globe | BRUSSELS, Belgium—European Union regulators on Wednesday forbade Germany to give loan guarantees of up to euro500 million ($796 million) to express delivery company DHL to help shield it from problems setting up a new hub at Leipzig-Halle air...
Gold near 2-week low on weak oil; platinum bounces Business Day SINGAPORE - Gold dipped today as oil extended losses and robbed the metal of some of its appeal as a hedge against inflation, while platinum bounced after falling to its lowest level in more than five months. | Gold was also weighed by the US dollar, which held much of its gains, and rising stock markets, which in theory reduce bullion's appeal as ...
ASX 200 closes higher on resurgent banks The Australian | AUSTRALIAN stocks rose strongly today, led by Macquarie and the retail banks as investors snapped up the down-trodden financials. | Investors also welcomed official data showing the pace of core inflation slowed to 1.1 per cent in the June quarter from 1.25 per cent in the March quarter. | Financial markets by late afternoon had priced 52 per cen...
