Japan's Canon Inc raised its annual outlook closer to market expectations on Monday after posting a more than fourfold jump in quarterly profit on brisk demand for digital cameras and printers.
The People's Bank of China must choose between preserving domestic price stability and defending the yuan's fixed exchange rate as it is not possible to hit both targets at once, an adviser to the central bank said on Sunday.
China overtook large European nations in a shift in voting power at the World Bank on Sunday that was designed to give emerging economies greater influence in the global development institution.
Switzerland's economy minister said she hoped parliament would not link a deal between UBS and the United States on disclosing secret bank accounts with questions such as bankers' bonuses, a paper reported on Sunday.
Inflationary expectations are on the rise in China even though inflation itself remains mild, a senior government researcher said on Saturday.
When Ric Hull first looked at launching Great Wall Motor pickup trucks in Australia last year, he considered rebranding them, worried their obvious Chinese origins would raise questions about their quality.
G20 finance leaders said on Friday they had secured a better-than-expected global economic recovery but were wary of overconfidence as Greece's debt crisis put the focus on worsening public finances.
G20 finance leaders said on Friday they had secured a better-than-expected global economic recovery but were wary of overconfidence as Greece's debt crisis put the focus on worsening public finances.
Chinese consumer reaction to electric cars made by Volkswagen AG will determine the fate of the German group's plans to lead the industry in battery-powered vehicles, the group's CEO said on Friday.
World finance leaders will seek to assure markets on Friday that the global economy is recovering despite the cloud cast by debt-troubled Greece and its request for a huge bailout.
Diversified U.S. manufacturer Honeywell International Inc boosted its full-year earnings target after reporting a first-quarter profit that topped Wall Street's expectations.
Mitsubishi Motors Corp said on Friday it is aiming to boost its sales by 44 percent this year in the booming China market, with a target to more than double sales there in 2015 from last year's levels.
Honda and Volvo are both planning to launch clean-energy cars in China, joining a growing crowd of domestic players developing such models to take advantage of expected generous government incentives.
Chinese car makers may have the world's largest market to play in but face many hurdles including a shortage of original models, an overcrowded industry and a lack of overseas acquisition targets before they can challenge for global leadership.
World finance leaders gather in Washington on Friday hoping to plot a course beyond the financial crisis, but Greece's worsening debt woes served as a stark reminder the global economy remains vulnerable.
Shares in mobile telecom gear maker Ericsson rose sharply on Friday, defying weak first-quarter results, as investors took heart from falling costs and prospects for a recovery.
World finance leaders gather in Washington on Friday hoping to plot a course beyond the financial crisis but Greece's worsening debt woes served as a stark reminder the global economy remains vulnerable.
China's auto market, which overtook the United States as the world's largest last year thanks to a raft of policy incentives, has been a major bright spot amid a global industry downturn.
China may scrap tax incentives for small cars next year if the market remains strong, and is rethinking plans to provide similar incentives for green-energy vehicles due to quality issues, a government researcher said.
The IMF sought to maintain unity within the Group of 20 economic powers on Thursday, urging countries not to go separate ways in reforming the financial sector, as frictions emerged over a controversial plan to tax banks.
China's Beijing Automotive Industry Holding Co (BAIC) said on Thursday it is building a plant to make vehicles using technology it acquired from GM's [GM.UL] Saab unit late last year.
China's Jianghuai Automobile Group (600418.SS) has made progress in joint-venture talks with Caterpillar (CAT.N) and Navistar International Corp (NAV.N) and sees such a tie-up as key to its strategy to improve profitability and target export markets, an executive said.
