CHINA

Europe's truckmakers anticipate profits will rebound faster than expected in 2010, thanks to emerging markets where enormous growth rates pushed aside painful memories of the industry's worst ever slump.

Honda Motor Co will overhaul its sourcing strategy by ditching its one-spec-fits-all method on global car models to better compete with Hyundai Motor and others in emerging markets, an executive said on Tuesday.

Toyota Motor Corp's Chinese auto finance unit has been fined by the authorities in the city of Hangzhou for alleged involvement in commercial bribery, China's Xinhua News Agency reported on Tuesday.

Marking the country's importance as luxury buyer's market, Hermes has introduced a new brand Shang Xia, and opened its first boutique in Shanghai, China.

The worldwide costs of dementia will reach $604 billion in 2010, more than one percent of global GDP output, and those costs will soar as the number of sufferers triples by 2050, according to a report on Tuesday.

U.S. inspections of overseas pharmaceutical plants would increase and regulators would gain new recall power under proposals unveiled by Democrats in the House of Representatives on Monday.

US fund manager Franklin Templeton plans to invest heavily across the Asia-Pacific region aims to launch a new Asian property fund of funds. It also intends raising about $300 million from institutional investors in Europe and Australia, a Reuters report said.

In the first of this year, more than $132 billion worth of real estate deals were signed globally, up 74% over $76 billion deals signed during the same period last year.

For the first time in the world, a study has examined how good habits have a multiplying effect on mortality in Asian women. The study results are that smoking husbands are shortening their wives' lives. Other results of the study include that Chinese women with plenty of healthy habits tend to live longer than their friends with less healthy lifestyles.

Big brother China has beaten India for the first time in the number of students to US management schools.

General Motors aims to sell at least 10 to 15 percent more vehicles in China next year, in line with the expected rate of growth in the world's biggest auto market, its China chief said on Thursday.

Chinese automaker Great Wall Motor Co Ltd will begin trial sales of its pure electric cars in the country next year, its chairman said on Thursday, tapping growing demand for clean energy vehicles.

German luxury car maker BMW said on Thursday it had received approval to set up an auto financing unit in China, becoming the latest foreign automaker to tap the country's fledgling but potentially lucrative auto financing business.

If there is one single benefit to the US due to the recession, it is that more people are studying in colleges than ever.

Global demand is increasingly shifting to emerging economies, and American firms, especially small businesses, should adjust to this new reality.

Analysts generally think BOJ's intervention was well executed and will perhaps work in the short-run. The long-term effectiveness, however, is uncertain.

Ford Motor Co expects its sales in China to outpace growth in Chinese car market this year as it expands its dealer network, the company's local sales chief said on Wednesday.

Foreign Direct Investment (FDI) in China spiked up for 13th straight month in August, despite complaints from the US and European companies over alleged unfair business environment and the Chinese government's favors for domestic firms.

Carmakers Daimler, Renault and Nissan are redoubling their electric cars effort in the race for market share in a world of tighter emission rules.

Zhejiang Geely Holding Group, which last month completed its purchase of Volvo from Ford Motor Co, may build as many as three plants in China to make the Swedish brand, a Geely spokesman said on Tuesday.

Strengthening dealer networks, successfully launching a redesigned Jetta, and boosting used-car sales are top priorities for Volkswagen America Inc under Jonathan Browning, the unit's new chief executive.