The economic slowdown has not hurt the market for cross border mergers and acquisitions, which have become a mainstay of the global economy.
Toyota Motor Corp reported a surprise quarterly profit and slashed its annual loss forecast by more than half as sales and cost cutting beat its forecasts, putting it on track to follow Japanese rivals into the black next year.
A U.S. diplomat said on Thursday that Washington was fully committed to its alliance with Japan, as the two governments prepared for a visit by President Barack Obama that has been clouded by a feud over a U.S. Marine base.
NEC Corp, Japan's largest PC maker, plans to raise up to 150 billion yen ($1.7 billion) in a share offering to shore up its capital and invest in growth businesses, four sources familiar with the matter said.
Japan Airlines Corp, which is seeking a state bailout, said it would hold a briefing on changes to its route and flight frequency plans on Thursday at 2 a.m. EST.
Toyota Motor Corp's surprise quarterly profit and halving of its annual loss forecast failed to convince investors the world's No.1 carmaker is back on track, as government subsidies peter out and a strong yen takes its toll.
World stocks slid on Thursday following the Federal Reserve's decision to keep interest rates near zero for an extended period and ahead of policy decisions by the European Central Bank and Bank of England.
Toyota Motor Corp's surprise quarterly profit and halving of its annual loss forecast were not enough to convince investors that the world's No.1 carmaker had escaped the worst, as government subsidies peter out and a strong yen takes its toll.
Toyota Motor Corp reported a surprise quarterly profit and slashed its annual loss forecast by more than half as sales and cost cutting beat its forecasts, putting it on track to follow Japanese rivals into the black next year.
Asian shares fell on Thursday, while the dollar recovered most losses made after the U.S. Federal Reserve vowed to keep rates near zero for an extended period and saw a sluggish recovery in the world's biggest economy.
Oil fell toward $79 a barrel on Thursday, after a steep decline in U.S. crude inventories sent prices up 1 percent the previous day, as traders look to the fall in equities markets and firming dollar to take profits.
Asian shares dipped on Thursday, and the dollar fell after the Federal Reserve vowed to keep rates near zero for an extended period and said the recovery of the world's biggest economy would be sluggish.
The mood in the global automotive industry has shifted to cautious optimism, marked by the unveiling on Wednesday of Chrysler's turnaround plan and General Motors' plan to keep its Opel unit.
General Motors' move to scrap the sale of its Opel unit and raised forecasts from Nissan Motor Co lifted confidence in the global auto industry's recovery on Wednesday.
The United States ranks 30th in terms of infant mortality, an important measure of the quality of healthcare, according to a report released on Tuesday.
The Bank of Japan will keep interest rates near zero even as downside risks to the economy subside, the central bank governor said, reassuring investors its withdrawal from credit markets does not signal an exit from its ultra-easy monetary policy.
Censorship of the Internet is open to challenge at the World Trade Organization as it can restrict trade in services delivered online, a forthcoming study says.
The dollar steadied below a one-month high against a basket of currencies on Wednesday, while Asian stocks edged higher in muted trade ahead of a policy announcement from the Federal Reserve that kept investors wary.
Toyota Motor withdrew from Formula One on Wednesday, leaving Japan without a team in motorsport's premier series.
Toyota Motor is set to announce its withdrawal from Formula One racing after this year, Japan's Mainichi newspaper reported Wednesday.
The dollar lost ground on Wednesday after hitting a one-month high against a basket of currencies, while Asian stocks edged higher in muted trade ahead of central bank meetings that kept investors wary.
The dollar slid on Tuesday, pushing gold prices to near record highs, while Asian stocks eased as investors awaited policy announcements from some key central banks this week for clues on the timing of eventual shifts in policy.