Asian stock markets mostly advanced Wednesday but gains were capped as investors are opting for caution ahead of the EU summit that begins on Thursday.
Most Asian markets rose Wednesday but investors remained watchful about the the debt crisis looming over the euro zone.
The Chinese government has spent billions to buy Japanese stocks as the euro zone crisis lingers, in an effort to diversify its investments, the AFP reported.
Nissan Motor Company (Tokyo: 7201) CEO Carlos Ghosn was the highest-paid CEO in Japan in the last fiscal year with a salary and bonus totaling 987 million yen ($12.5 million), according to Reuters.
Asian Stock markets mostly declined Tuesday as market participants continued to doubt the ability of European leaders in tackling the debt crisis at a European summit later this week.
Most Asian markets fell Tuesday as investor sentiments continued to be dragged down by concerns over the debt crisis looming over the euro zone.
The Toyota/Save Mart 350 at the road course at Sonoma gets underway just after 3 p.m. ET.
Asian stock markets mostly declined Thursday as the Federal Reserve's limited help to bolster the domestic economy disappointed some market participants.
Toyota Motor Corporation (NYSE: TM) plans to cut Japanese production capacity by more than 10 percent by 2014, according to Auto News Tuesday.
Asian stock markets advanced Wednesday on expectations that the major central banks around the world would announce further stimulus measures to spur economic growth.
In what was possibly the most dramatic moment in this weekend's 24 Heures Du Mans, the experimental and much anticipated Nissan DeltaWing racing car, which promised to revolutionize the sport, was struck by a LMP1-class Toyota racer, sending it flying into the tires and prematurely ending its day at the races. However, the real story was just beginning when the car flew off the track.
We are living at the end of an era, during the swan song of greatness, the twilight years of a golden age, the last days of the great supercars, ultra-high horsepower paeans to driving: the Bugatti Veyron, Pagani Huayra, McLaren MP4-12C, Lamborghini Aventador, Ferrari F12 Berlinetta. They may all soon be replaced by electric cars and hybrids.
Japan's Nikkei 225 Stock Average rose Monday as investor concerns were eased following the Greek election in which pro-bailout parties won the majority.
The 24 Hours of Le Mans 2012 completed on Sunday was both familiar and unprecedented. It saw the 29th victory for a German carmaker (11th for Audi), 40th victory for a French driver, 27th victory for a German driver, and 21st victory for tire maker Michelin.
It's perhaps the greatest automotive race of all time: 24 Heures du Mans (the 24 Hours of Le Mans) on the Circuit de la Sarthe outside of Le Mans, France -- here's how to watch it online. Also known as the Grand Prix of Endurance and Efficiency, the 24 Hours of Le Mans is the oldest race in motorsport and has been held annually since 1923.
Nissan Motor Co. (Tokyo: 7201) is expected to build a 5 billion yuan ($785 million) factory in the northeastern Chinese city of Dalian, an aggressive move into territory traditionally under the sway of Volkswagen AG (Frankfurt: VOW) and Toyota Motor Corp. (NYSE: TM), according to the Japan Daily Press Friday.
Sales of the Chevrolet Volt Hybrid-Electric Vehicle (HEV) have experienced a resurgence in California following tweaks that now allow the car from General Motors Company (NYSE: GM) to qualify for High Occupancy Vehicle (HOV) lane access.
Apple iOS 6 Software will bring a whole host of updates to Siri in the fall, but the biggest tease during the WWDC keynote on Monday was Eyes Free; a feature that integrates Siri into your car.
NASCAR fans are car fans, and the racing league and manufacturers like Toyota that compete in the Spring Cup Series are betting that some design tweaks can energize that fandom as well as dealership sales.
Asian markets rose Thursday amid hopes that the U.S. Fed would announce another round of monetary easing and European policy makers would take concrete measures to tackle the debt crisis looming over the euro zone.
Asian markets rose Wednesday amid positive economic data from the U.S. and the G7 finance ministers' decision to work closer together to tackle the euro zone economic crisis.
Japan's Nikkei 225 Stock Average rose Wednesday amid positive US economic data and the G7 meeting's promise of a closer collaboration to tackle economic problems.
