Toyota Motor Corp will likely be able to build the popular Prius hybrid car in the United States when it is remodeled next, a top executive said on Tuesday.
Asian stocks pulled back slightly from two-and-a-half month highs hit earlier on Tuesday after upbeat U.S. housing data, while the euro neared 2-month peaks on relief over stress tests on European banks.
Asian stocks rose to their highest in two and a half months on Tuesday, boosted by solid U.S. housing data, while the euro inched up toward two-month peaks on relief over stress tests on European banks.
Nations must not pull back too quickly on economic stimulus because the global recovery still needs support, a top U.S. Treasury Department official said on Monday.
Toyota Motor Corp is likely to have secured a group operating profit of about 100 billion yen ($1.1 billion) in April-June, thanks to solid sales and a sharp recovery from the previous year's loss
Oil rose on Monday after a surge in new U.S. home sales cut the number of houses on the market to the lowest level in more than four decades, easing fears the post-crisis economy could slide into a second recession.
Oil fell moderately on Monday as Tropical Storm Bonnie faded over the Gulf of Mexico, but trading was cautious ahead of U.S. economic and corporate earnings data.
Oil traders were reluctant to push oil prices too far in either direction before the release of US figures later in the day. Many are concentrating on the prospects of the United States, since it has been the main source in recent weeks of disappointing economic data that has kept alive fears of an erratic global recovery.
Japanese exports rose more than expected in June from a year earlier but the pace of increase slowed for the fourth straight month, a sign the economic recovery may lose steam on moderating overseas demand.
Google's dominant position on the global online search market slipped slightly in the second quarter, as it retreated from the Chinese market, research firm Strategy Analytics said on Friday.
Fund flows into commodity markets continued to rise in the first half of 2010 despite the difficult six months but analysts are increasingly warning of a slowdown as weak returns dent investor confidence.
Money managers have piled into commodities in recent years in search of stronger returns and protection away from the troubles of equity and bond markets during the financial crisis. But for many, the promise of diversification, hedges against inflation and any kind of correlation between risi...
Sony Corp will likely return to profitability in the April-June quarter, beating market expectations for an operating loss, on solid sales and cost cuts, the Nikkei business daily reported on Monday.
There is no basis for a major appreciation in the yuan exchange rate, the State Information Center, a government think tank, said on Monday.
Worries that China is throwing up obstacles to foreign business are misplaced, Commerce Minister Chen Deming said in an article published on Monday.
The BlackBerry, made by Canada's Research In Motion , is open to misuse that poses security risks to the United Arab Emirates, which said on Sunday it would seek to safeguard its consumers and laws.
The economy is not likely to slip back into recession but letting tax cuts for the wealthiest Americans expire is necessary to show commitment to cutting budget deficits, Treasury Secretary Timothy Geithner said on Sunday.
The U.S. economy is not likely to slip back into recession but letting tax cuts for the wealthiest Americans expire is necessary to show commitment to cutting budget deficits, Treasury Secretary Timothy Geithner said on Sunday.
China's banking regulator has run stress tests in the country's trust firms to see if they can withstand a downturn in the property sector, the Economic Observer reported on Saturday, citing unidentified industry sources.
Google's dominant position on the global online search market slipped slightly in the second quarter, as it retreated from the Chinese market, research firm Strategy Analytics said on Friday.
China's Chery Automobile Co said on Friday it was unaware of a U.S. case of alleged theft of GM technology that had been linked to the Chinese firm.
The recent news that Euro zone economy is slowly gaining strength has helped platinum and palladium prices show signs of recovery.
According to reports platinum prices may rise as gradual economic recovery will lead to increased demand for the auto-catalyst metal, but some of the euphoria that lifted forecasts earlier this year has evaporated after a hefty correction in May.
Investors are finding themselves with a new kind of balancing act -- one in which they have to juggle with three major regions posing three significantly different circumstances.
Europe's bank stress testing, the focus of much of the past week's market focus, is but one ball in the air.
Caterpillar Inc , UPS and other U.S. multinationals reported strong quarterly results on Thursday, suggesting the global economy may be on a stronger footing than previously thought.
