JAPAN

American Honda Sales In US Skyrocket 47.6 Percent In May

Visitors are silhouetted against a Logo of the Honda Motor at the company showroom in Tokyo
U.S. car sales soared 47.6 percent for the American Honda unit of Honda Motor Co. Ltd. (NYSE: HMC) in May, as the Japanese automaker consummated its recovery from last year's triple disaster (earthquake, tsunami, and nuclear meltdowns), with strong sales of its flagship Civic and Accord cars.

Mazda U.S. Sales Tepid in May

Mazda CX-9
Mazda Motor Corporation (Tokyo: 7261) struggled in May posting U.S. sales growth of just 5.4 percent on a daily selling rate adjusted basis, however, the company's sales for the year to date remain strong compared to last year, up an adjusted 19.3 percent.
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High-Speed Rail

China's Railway Dreams Dashed As Top Official Removed

Graft and debt are crippling China's railway industry and eroding trust in the government's management of a crucial sector of transportation -- and may kill the dream of becoming the world's leader in high-speed trains
New York City restaurant Serendipity 3 already makes the world's most expensive sundae, but the Upper East Side eatery can now also claim the world's most expensive hamburger, too. On May 22, Serendipity 3 set the Guinness World Record for the world's mos

World's Most Expensive Hamburger: Meet 'Le Burger Extravagant' From NYC's Serendipity 3 [PHOTO]

New York City restaurant Serendipity 3 already makes the world's most expensive sundae, but the Upper East Side eatery can now also claim the world's most expensive hamburger, too. On May 22, Serendipity 3 set the Guinness World Record for the world's most expensive hamburger with its Le Burger Extravagant, a sandwich that will set you back $295, and likely several hundred calories.
US Stocks

Global Equities Advance, U.S. Data Eyed

European stocks recovered from early losses Tuesday as traders anticipate the U.S. data to show improving consumer confidence and a stabilizing housing market. Meanwhile, Asian equities rallied for a second straight day on hopes that China may introduce further stimulus policy. U.S. index futures rose.

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