By Jon Nadler
Gold prices took off for higher ground overnight as the divergent oil and dollar fueled additional speculative interest in the metal.There is still somewhat of a disconnect i...
Toyota Kirloskar Motor (TKM), the automotive joint venture between Japan's Toyota Motor Corp. and India's Kirloskar Group is set to invest Rs.1400 crore ($350 million) on a new plant in Bangalore from where it will roll out its small car in a bid to tap the largest segment of car market in India.
Apple and Sony reached an agreement on Monday to pay about 1.3 million yen ($12,903) to settle claims that a man was burned after an Apple computer caught fire, which allegedly was caused by a faulty Sony battery.
Chrysler LLC and Nissan Motor co Ltd said both companies will join a project to manufacture cars for each other, the groups announced on Monday.
Japan stocks dropped Monday because of growing fears of U.S. economic slowdown and lagging Asian markets.
Rich nations which make up the 'Group of Seven' endorsed a report by a group finance officials and regulators to commit to stricter supervision of the world's troubled financial system.
India's top IT services provider, Tata Consultancy Services (TCS), said it has bagged a multi-year contract from US-based automaker Chrysler LLC to provide maintenance on mainframes and servers and support computer applications.
Hitachi identified a programming error in the software used for measuring the impact of earth quakes on pipes at atomic power stations, after being in use for about 28 years.
Japan stocks rebounded Friday after a three-day decline as investors came to feel better by the previous day's recover on Wall Street recovering and weaker yen.
The dollar declined against the euro ahead of the Group of Seven nations meeting in Washington on Friday.
Japan stocks showed continual decline Thursday because of strong yen and high fuel prices. Also investors began to fear upcoming Japanese and U.S. earnings reports that may be worse-than expected.
Boeing Co. has been swamped with compensation demands after it announced the third major delay in six months of its new 787 Dreamliner plane.
World's largest tax advisory, audit and consultancy services provider, PricewaterhouseCoopers (PwC) has suggested that the emerging markets like India and China is fast becoming the hub of global economic activity with China likely to outpace the US by 2025.
Toyota Motor Corp said Wednesday it will recall about 539,500 Corolla and Matrix vehicles sold in the U.S. from defects in window glass, while nearly 630,000 minivans will be recalled in Japan.
The Bank of Japan negatively revised its economic outlook Wednesday, saying the economy was slowing.
Japan stocks dropped Tuesday as investors began to raise fears about global economy and situation of Beijing Olympic. Also some investors sold stocks for profit-taking before earnings season. Many investors expect results of Japan and U.S. companies' quarterly earnings will not be so profitable.
The Democratic Party of Japan (DPJ) decided Tuesday to accept Masaaki Shirakawa as Bank of Japan(BOJ) chief, ending a stalemate that has left the world's second largest economy without a permanent central in the midst of a global credit crisis.
By Jon Nadler
Gold prices eased into a lower trading channel of from $915 to $926 during the overnight hours, as participants observed an additional rise in the US dollar (72.34 on the index...
Japanese stocks rebounded Monday as concerns perpetuated over U.S. economy and the trend of a weaker yen against U.S. dollar persisted.
As the Group of Seven (G7) finance chiefs descends on Washington D.C. next week, the Japanese government plans to propose Masaaki Shirakawa as the head of the Bank of Japan in a rush to ensure attendance at the key international meeting.
Japan stocks declined Friday after 3-day increase as investors sought profit and locked in shares.
While U.S. housing market was weakening and the stock and foreign currency markets destabilized, there was trend of increasing Japanese corporate bonds issuance for individual investors last year.