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India’s Car Sales Expected to Pick Up

A slowdown in car sales in India is seen as a passing phase and automakers expect demand to pick up once high interest rates start easing and growth in Asia's third-largest economy bounces back.

Asian Shares and Euro Dip on Europe Worries

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Asian shares and the euro eased Thursday as concerns about the ability of euro zone countries to refinance their huge public debt dampened investor risk appetite ahead of a French bond auction later in the day.
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Automakers see slower U.S. sales growth in 2012

U.S. auto sales rose 10 percent in 2011 but major automakers forecast a slowdown in growth this year because of weak job growth and risks to the American economy from a slowdown in Europe.
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Treasury's Geithner to travel to China, Japan

U.S. Treasury Secretary Timothy Geithner will travel to China and Japan next week to discuss U.S. sanctions on Iran and the state of the global economy with top government officials, the Treasury Department said on Wednesday.
Samsung Set to Acquire Full Control of LCD Partnership with Sony

S. Korea Approves Samsung's Flash Chip Plant in China

South Korea said on Wednesday it had approved a plan by Samsung Electronics Co to build a flash memory chip plant in China seen costing some $4 billion, as a boom in smartphones and tablet computers fuels the chip industry's growth.
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Exxon to sell most of Japan refining stake: sources

U.S. oil group ExxonMobil is in talks to sell most of its 50 percent stake in Japanese refiner TonenGeneral Sekiyu KK <5012.T>, in a deal that could be worth as much as $5 billion, four sources with knowledge of the matter said.
According to the American Cancer Society, a person in the United States has a one in 114 chance of developing stomach cancer. An estimated 21,500 Americans were diagnosed with it in 2011 and an estimated 10,500 died from it.

Soy May Not Protect Against Stomach Cancer

Estrogen-like compounds that come with a soy-rich diet are sometimes linked to a reduced risk of cancer, but new research from Japan suggests that protection doesn't extend to stomach cancer.
Asia&#039;s Markets

Asia's Markets Close Mixed Wednesday; Nikkei Rises

Japan's leading share average rose to a three-week closing high on Wednesday after better-than-expected economic data from the United States and China, although strategists said the rally could stall if the euro holds below 100 yen.
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Exxon to sell Tonen stake in retreat from Japan: sources

Exxon Mobil is in talks to sell most of its 50 percent stake in TonenGeneral Sekiyu KK <5012.T> back to its Japanese refining partner and unload other assets in Japan in a deal that could be worth as much as $5 billion, four sources with knowledge of the matter said.
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Stocks cheered by growth hopes, debt woes drag euro

Asian stocks rose on Wednesday as investor risk appetite returned after upbeat U.S. and European economic data improved the global growth outlook, but the euro's gains were short-lived due to deep-set worries over the European debt crisis.
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S. Korea approves Samsung's flash chip plant in China

South Korea said on Wednesday it had approved a plan by Samsung Electronics Co to build a flash memory chip plant in China seen costing some $4 billion, as a boom in smartphones and tablet computers fuels the chip industry's growth.
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Barclays upgrade Micron, shares jump

Shares of Micron Technology Inc climbed as much as 11 percent after Barclays Capital raised the chip devices maker's stock to overweight, even as the brokerage downgraded five other stocks from the sector, including Intel Corp.
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Barclays cuts Intel, Applied Materials to equal weight

U.S. semiconductor stocks are in for a volatile 2012 as inventory correction extends into the first quarter, and an industry recovery due only in the second half, Barclays Capital said and downgraded five stocks, including Intel Corp.
Bajaj

Bajaj Unveils Its First-ever 4-wheeler 'RE60'

Bajaj Auto Ltd launched its first-ever four-wheeled vehicle on Tuesday, saying the RE60 would target commercial users and three-wheeled vehicle owners in India, and that production could involve Nissan and Renault.
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IMF to release Japan bank stress tests in summer: report

The International Monetary Fund will release as early as this summer the results of health checks on Japanese banks, including their ability to withstand the European debt crisis and weak economic growth, the Nikkei business daily reported on Tuesday.
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Codelco seeks to lock in Anglo mining stake

SANTIAGO, Jan 2 - Chile's state copper giant Codelco said on Monday it exercised a disputed option to buy a stake in Anglo American's south Chile mining assets, but is willing to consider taking a smaller stake if Anglo proposes a formula that safeguards its full value.
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Codelco seeks to buy disputed Anglo mining stake

SANTIAGO, Jan 2 - Chile state copper giant Codelco on Monday said it had exercised a $6 billion option to buy mining assets in southern Chile, but global miner Anglo American defied the move, setting the stage for a lengthy legal battle.

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