Asian stock markets plunged Thursday as unexpected interest rate cut in South Korea fueled concerns over global economic slowdown and the Federal Reserve offered no strong hints about another round of quantitative easing.
Asian stock markets ended lower Tuesday as a weak Chinese trade data stoked fears of a growth slowdown in the world?s second largest economy.
Most Asian markets fell Tuesday amid investor concerns about the intensifying debt crisis looming over the euro zone and the worsening global economic downturn.
Even the president of South Sudan recognizes that true independence has not been achieved, but China and Japan may help change that.
U.S. car sales revved up again in June after lackluster May sales numbers as consumers continued to flock to dealer lots to replace aging vehicles and buy new trucks and crossover SUVs.
June U.S. car sales rose across the board, surging above the 14 million unit seasonally adjusted annual rate (SAAR) of sales after a lackluster May, indicating a continued recovery for the industry that will likely carry through the second half.
Detroit?s carmakers saw strong June U.S. car sales with Chrysler Group LLC, a subsidiary of Italian Fiat SpA (Milan: F), reporting 20 percent year-over-year sales growth and Ford Motor Co. (NYSE: F) reporting more modest 7 percent sales gains.
The now notorious zombie drug bath salts may be to blame in the case of a nude carjacking in Scottsdale, Ariz., that left seven injured, including a pregnant woman who broke both of her legs, media reports said.
Most Asian markets rose this week as investor sentiment turned positive with the announcement of measures at the EU summit in Brussels aimed at alleviating the current debt crisis gripping the euro zone.
Toyota just can't seem to get the floor mats right on its cars. Toyota Motor Corporation (NYSE: TM) is recalling approximately 154,000 model-year 2010 Lexus RX 350 and RX 450 H cars for potential floor mat interference with accelerator pedal, the same problem which afflicted millions of the company's cars in 2009 and 2010. The National Highway Traffic Safety Administration (NHTSA) is considering launching an investigation of Toyota regarding delays in notifying the agency about the...
Asian stock markets rallied Friday as sentiment was buoyed after leaders at the European Union summit in Brussels agreed on important plans to tackle the region's debt crisis.
The Goodwood Festival of Speed 2012 kicked off Thursday with the annual Moving Motor Show. The Festival of Speed hillclimb will be the big draw during the weekend at Britain's largest auto show.
Asian stock markets mostly advanced Wednesday but gains were capped as investors are opting for caution ahead of the EU summit that begins on Thursday.
Most Asian markets rose Wednesday but investors remained watchful about the the debt crisis looming over the euro zone.
The Chinese government has spent billions to buy Japanese stocks as the euro zone crisis lingers, in an effort to diversify its investments, the AFP reported.
Nissan Motor Company (Tokyo: 7201) CEO Carlos Ghosn was the highest-paid CEO in Japan in the last fiscal year with a salary and bonus totaling 987 million yen ($12.5 million), according to Reuters.
Asian Stock markets mostly declined Tuesday as market participants continued to doubt the ability of European leaders in tackling the debt crisis at a European summit later this week.
Most Asian markets fell Tuesday as investor sentiments continued to be dragged down by concerns over the debt crisis looming over the euro zone.
The Toyota/Save Mart 350 at the road course at Sonoma gets underway just after 3 p.m. ET.
Asian stock markets mostly declined Thursday as the Federal Reserve's limited help to bolster the domestic economy disappointed some market participants.
Toyota Motor Corporation (NYSE: TM) plans to cut Japanese production capacity by more than 10 percent by 2014, according to Auto News Tuesday.
Asian stock markets advanced Wednesday on expectations that the major central banks around the world would announce further stimulus measures to spur economic growth.
