JAPAN

BoJ board concerned about Fed's QE2

Bank of Japan Governor Shirakawa bows to greet reporters after a news conference at the BOJ headquarters in Tokyo
Bank of Japan's board is concerned about the U.S. Federal Reserve's quantitative easing, as Japan continues to bank on the global economic recovery for its own economic growth, minutes from the policy meeting showed.
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Is South Korea's live-fire mega drill a futile exercise?

US diplomats in Washington once dubbed North's Korea's military drills as 'fish-killing' activities. Yet the South, backed by the Obama administration, has been continuously holding live-fire drills in the disputed zone of the Korean Peninsula. With a continual military activity, the coming months could only witness a deteriorating situation in the peninsula, unless both sides are pressured to engage in a dialogue.
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Tennessee region gets its first Nissan Leaf

After a San Francisco Bay Area resident became the first in the United States to receive the delivery of all electric Leaf, Nissan Motors on Wednesday carried out its first Leaf delivery in the Tennessee region.

What IHS predicts for global economy in 2011

Contrary to the prevailing view, the U.S. economy will gain growth momentum in the year ahead, while GDP will grow stronger in Europe and Japan, research firm IHS Global Insight has said in its forecast for 2011.
 Toyota Motor to recall 51,000 Tundra trucks

Toyota Motor aims 7.7 mln vehicle sales in 2011

Toyota Motor Corp on Tuesday said that it expects to sell 7.7 million vehicles worldwide next year, up 3 percent from 2010, by tapping emerging markets Asian markets, such as China and India.
Bank of Japan Governor Masaaki Shirakawa enters a room for a news conference at the Bank of Japan in Tokyo

Japan sees bleak export conditions

Japan's economic recovery seems to be pausing, though there are signs of a moderate recovery, the Bank of Japan said in a statement on Wednesday.
Bank of Japan Governor Shirakawa bows to greet reporters after a news conference at the BOJ headquarters in Tokyo

BoJ continues to keep interest rates at zero

The Bank of Japan (BoJ) continued to keep interest rates steady between zero and 0.1 percent as the economic recovery seems to be faltering in Japan and the yen grows weaker against the U.S. dollar.
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Seattle gets its first Nissan Leaf

After a San Francisco Bay Area resident became the first in the United States to receive the delivery of all electric Leaf, Nissan Motors on Saturday carried out its first Leaf delivery in the Seattle region.
Honda starts lease sales of the EV-neo electric scooter

Honda starts lease sales of the EV-neo electric scooter on Dec 24

Honda Japan today said that it will start lease sales of the EV-neo electric scooter on December 24, 2010. Designed as urban delivery vehicles, the scooters are seen by Japan's Ministry of Environment as technology development projects for global warming countermeasures.
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Top After-Market NYSE Movers

The top after-market NYSE gainers on Thursday are Office Depot, Accenture, Salesforce.com and American Express. The top after market NYSE most active stocks are Citigroup, Boston Scientific, Sprint Nextel Corporation and Bank of America.
A worker cleans a Hero Honda logo inside its showroom in Hyderabad

Hero, Honda part ways after 26 years

India's largest two-wheeler maker Hero Group has ended its 26 year old joint venture with the Japanese Honda Motor Co, as the Indian partner agreed to buy out its Japanese counterpart for an undisclosed sum.
Japan's Foreign Minister Seiji Maehara (L) meets with China's Foreign Minister Yang Jiechi in Hanoi

Top political and economic risks for Asia next year

The Asia-Pacific region will continue to be the fastest-growing region of the world in 2011, according to a forecast by IHS Global Insight. However, the report says the region faces significant risks in the backdrop of the fragile state of some of the largest economies in the world, the raging sovereign debt crisis in the European Union and 'deep-seated structural problems facing Japan.
Nouriel Roubini, New York University Professor of Economics and co-founder and chairman of Roubini Global Economics.

What Roubini predicts for major global economies in 2011

Roubini Global Economics (RGE) has predicted that global economy's growth next year will be marginally weaker than this year, with eurozone holding the biggest risk to global growth, and that the U.S. will not emerge any time soon from the worst unemployment crisis it has faced in decades.

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