The Obama administration has an ambitious goal of doubling U.S. exports over the next five years and creating two million U.S. jobs in the process.
The International Air Transport Association (IATA) estimated that airlines will earn net profit of $15.1-billion this year – a 70 percent jump from its previous forecast made only three months ago when it forecast profits of $8.9-billion. But the group warned that net profit margins in the airline industry are pathetic
Nissan Motor Co and Mitsubishi Motors Corporation said on Tuesday that the two companies agreed to expand their current scope of cooperation towards new projects that will further strengthen mutual competitiveness, especially in the Japanese mini car and global commercial vehicle businesses.
After a San Francisco Bay Area resident became the first in the United States to receive the delivery of Nissan Leaf, Nissan Motors on Tuesday carried out its first Leaf delivery in the South Carolina region.
American Apparel Inc is setting the online bar higher as it launches a deal this week with discount coupon provider Groupon in the UK, other European Union states and parts of Latin America.
Japan will lower the corporate tax rate by 4.5 percent to spur the economy out of deflation, Nikkei reported on Tuesday.
Japan's plan to boost its ailing economy by cutting corporate taxes got a guarded welcome from business on Tuesday, but is unlikely to help restore the fortunes of unpopular Prime Minister Naoto Kan.
Japanese business gave a guarded welcome on Tuesday to the cash-strapped government's plan to cut corporate taxes, saying more support was needed to help them create jobs and compete with regional rivals.
Japan's plan to boost its ailing economy by cutting corporate taxes got a guarded welcome from business on Tuesday, but is unlikely to help restore the fortunes of unpopular Prime Minister Naoto Kan.
Asian stocks advanced on Tuesday, supported by optimism that China would shun aggressive measures to curb inflation that could inhibit its strong economic growth or blunt its voracious demand for raw materials.
Toshiba Corp will spend about 100 billion yen ($1.19 billion) to build a factory to make small LCD panels, mainly to supply to Apple Inc for use in iPhones, Japanese business daily Nikkei said on Tuesday.
Texas Instruments is betting massive new output capacity will help it extend its lead in analog chips over the next few years but said it won't use aggressive pricing to grab market share in the meantime.
Galileo Global Advisors CEO Georges Ugeux speaks to IBTimes about investing in Asia outside the scope of public markets.
AUD/JPY jumped to a 7-month high on Monday but not broken the discipline of a broad upward channel it has been holding since end-May.
Singapore's top government officials spewed venom towards the political leaders of some of its Asian neighbors, according to U.S. diplomatic cables obtained by WikiLeaks and provided to an Australian newspaper, The Sun Herald.
Selling pressure on 10-year U.S. Treasuries drove yields to fresh six-month highs on Monday as investors threatened to undo this year's bond rally on signs of global economic recovery and deeper U.S. deficits.
Asian stocks chalked up modest gains on Monday, while the benchmark U.S. Treasury yield hit a six-month high in response to upbeat U.S. data, helping shore up the dollar.
Asian stocks rose on Monday as investors took in their stride China's latest attempt to cool inflation and fresh vows to tackle price pressure, while upbeat U.S. economic data helped
Delegates at the UN climate change conference in Cancun have agreed on a deal to curb climate change and fund developing countries on Saturday. Bolivia however, raised objections to the proposals drawn up the host Mexico. The draft comes as respite as the last summit in Copenhagen failed to agree on the best way to cut emissions.
Nissan Motors will deliver the first all electric car Nissan Leaf to a San Francisco bay area resident.
The Indian unit of Japan based leading car maker Nissan Motors has launched the diesel variant of its compact hatchback Micra in the Indian market. The new model has been put in the price bracket of Rs 5.59 lakh to Rs 6.05 lakh (ex-showroom Delhi).
Dictatorships are faster and more efficient than democracies, which can be bogged down by long-drawn out debates among deeply polarized political parties who can't seem to agree on anything.
