As an engineering student in the 1960s, Takeo Fukui picked the analysis of nitrogen dioxide emissions as his senior thesis with one goal in mind: joining Honda Motor to get a foothold in the world of motor racing.
Asian stocks bounced up on Wednesday from a one-month low hit the previous day while the dollar drifted, with investors bracing for a Federal Reserve decision and any signs the central bank is worried about the jump in U.S. bond yields.
North Korea's nuclear ambitions area serious concern for Beijing and should be addressed through further dialogue, a senior Chinese military officer said on Wednesday after talks with Pentagon officials.
Asian stocks inched up on Wednesday from a one-month low hit the previous day while the dollar drifted, with investors bracing for a Federal Reserve decision and any signs the central bank is worried about the jump in U.S. bond yields.
Ford Motor Co will receive nearly $5.9 billion in U.S. government loans to build fuel-efficient vehicles as the Obama administration deepened its commitment to reshaping the cash-strapped auto industry.
Ford Motor Co will receive nearly $5.9 billion in U.S. government loans to spur development of more fuel-efficient vehicles, the Obama administration said on Tuesday.
Japanese automaker Nissan Motor Co. confirmed that it will build electric vehicles in the United States on a mass scale, beginning in 2011 or 2012 just ahead of an announcement from the U.S. Department of Energy granted a $1.6 billion loan to the automaker to produce electric cars and battery packs at its manufacturing complex in Smyrna, Tennessee.
Ford Motor Co and Japan's Nissan Motor Co Ltd will receive nearly $8 billion combined in U.S. government loans to spur development of fuel efficient vehicles, the U.S. Energy Department said on Tuesday.
Sumitomo Mitsui Banking Corp (SMBC) has expanded its carbon credit business by starting proprietary trading to stock credits for corporate customers, the bank said on Tuesday, becoming the first Japanese bank to do so.
Oil fell below $67 a barrel on Tuesday as uncertainty over the state of the global economy hit equity markets and increased expectation that oil demand could be slow to revive significantly.
Toyota Motor Corp confirmed Akio Toyoda as its new president on Tuesday, promoting the grandson of the company's founder to guide the world's No.1 automaker through the worst downturn in its history.
China's economy is headed in the right direction but the foundations of the recovery are not yet solid, a Chinese central bank official said on Tuesday, adding to a chorus of voices cautioning against expectations of a rapid rebound from the global crisis.
Asian stocks tumbled on Tuesday, as confidence in the recovery ebbed and falling commodity prices and a sharp drop on Wall Street spooked investors into taking profits and buying the yen for safety.
Toyota Motor Corp confirmed Akio Toyoda as its new president on Tuesday, promoting the grandson of the company's founder to guide the world's No.1 automaker through the worst downturn in its history.
Asian stocks tumbled on Tuesday, after falling commodity prices and a sharp drop on Wall Street spooked investors into taking profits and buying the yen on speculation the rapid pace of recovery may not be sustainable.
Corporate sentiment surveys from Germany and Japan showed glimmers of hope on Monday, contrasting with grim global outlooks from the World Bank and Organisation for Economic Cooperation and Development.
Japan's largest convenience store chain, Seven-Eleven, said it may appeal a finding by the country's anti-monopolgy watchdog that it had illegally pressured franchise stores not to cut the prices of food items.
A $68 billion merger of coal giants Xstrata and Anglo American would rattle a global steel industry that is already reeling from a tie-up between two of its biggest iron ore suppliers.
The Organization for Economic Cooperation and Development added to a grim outlook from the World Bank on Monday, saying major economies will contract throughout 2009 and the problem of unemployment will linger.
Asian stocks rose on Monday, with Chinese bank stocks getting a boost on hopes lending will stay strong, while U.S. Treasury yields were flat before a weekly record of $104 billion in new debt hits the market.
Japan's Nikkei stock average extended gains on Monday to rise 0.9 percent as investors were heartened by a broad rise in Asian shares, with car battery maker GS Yuasa Corp rebounding after a sell-off.
Asian stocks edged up on Monday, supported by buying of defensive sectors, while the U.S. dollar rose on caution ahead of a Federal Reserve meeting this week when policymakers may extend programmes to keep borrowing costs low.
