Asia Business News

Asia Business and Finance News

Many major companies in the U.S. are closely doing business with Japanese and Chinese companies such that if you want to be updated about U.S. business, you should also be updated about Asian business. Know what developments here and in the world that push stocks in Asian stock exchanges to rise or fall.

Also learn how Asian companies relate with businesses in other continents and what relationships do other foreign firms are attempting to make with Asian companies.

Toyota Eyes 5M Hybrid Vehicle Sales by 2015 (8/25/2010 9:18:58 AM)
Under its five-year environmental action plan, Toyota Motor Corp., the world’s largest carmaker, announced its plan to sell at least 5 million hybrid units by 2015, as the company beefs hybrid production and development in all its vehicle models.
GM Sets IPO Earlier than Schedule - Source (8/13/2010 9:16:49 AM)
Due to the reported management changes and other risk factors involved, General Motors Co has decided to move its initial public offering to an earlier date, a source familiar with the deal said. The IPO was earlier set on Friday.
GM Posts $1.33B Profit in Q2 (8/12/2010 9:57:57 AM)
Following announcements regarding a new initial public offering, Detroit-based carmaker General Motors said that its quarterly profit in the second quarter has reached $1.33 billion as demand from abroad and the domestic market continues to climb up.
US Transport Department Clears Toyota on Other Alleged Defects (8/11/2010 9:10:38 AM)
The US Department of Transportation, along with the National Highway Traffic Safety Administration, released the results of its investigation before the Congress, which showed no indication that electronic throttles and other chip systems in vehicles made by Toyota can cause the crashes.
Ford Eyes Investment Grade Rating Anew – Wall Street (8/9/2010 9:47:04 AM)
Despite billions of dollars in debts, US automobile giant Ford Motor Co. is now eyeing to get back its investment grade credit rating by 2011 or 2012, allowing it to borrow more money at a lower interest rate.
GM Sales in China Rise 22.2 percent in July (8/3/2010 8:39:27 AM)
General Motor Corp announced on Tuesday a 22.2 percent increase in its auto sales in China as the carmaker expand its operations in the world biggest automobile market.
BlackBerry a National Security Threat -- UAE (7/26/2010 8:34:24 AM)
The Telecommunications Regulatory Authority of the United Arab Emirates (UAE) on Sunday has declared Research in Motion’s BlackBerry device as a “potential threat” to its national security, saying that the smartphone is open to misuse and operates beyond its national law jurisdiction.
China Confirms Google Operating License Renewal (7/12/2010 8:22:47 AM)
China, through its Ministry of Industry and Information Technology, has confirmed on Monday that it has allowed Google to resume its operations providing that the online giant will not violate any of its rules on World Wide Web content after a month long standoff over Internet censorship.
Toyota Knew About Lexus’ Faulty Engine 2 Years Ago (7/6/2010 9:59:17 AM)
Hideaki Homma, the spokesperson of the largest automaker in the world Toyota Motor Corp., admitted that they already knew about the faulty engines of its Lexus luxury sedan some two years ago but refused to warrant a recall until recently.
Toyota Recalls 92, 000 Lexus, Crown in Japan (7/5/2010 8:18:44 AM)
Toyota Motor Corp Spokesperson Paul Nolasco on Monday said that at least 91, 903 Lexus and Crown luxury sedan are included in the recall. Just months after its crippling recall of millions of cars worldwide, the world’s largest carmaker Toyota has started the recall of more than 90, 000 luxury vehicles in Japan because of faulty engine parts.
Toyota Suffers Honda's Fate, Chinese Workers Hold Strike (6/17/2010 10:25:46 AM)
Chinese Workers Return to Honda Factory after Strike (6/15/2010 11:32:18 AM)
Honda Settles Chinese Labor Dispute (6/5/2010 8:26:31 AM)
Toyota Widens Recall, Pays Record Penalty (4/20/2010 9:03:28 AM)
Toyota Tests SUV Models for Safety (4/15/2010 10:51:00 AM)
Chinese Drywall Should be Removed in Homes (4/3/2010 8:06:47 AM)
Toyota Sales Surge 40 Percent in March (4/2/2010 9:51:59 AM)
China’s Youth Choosy on Their Jobs (3/14/2010 11:21:13 AM)
Toyota CEO to Face Chinese Authorities over Vehicle Problems (2/28/2010 9:10:16 AM)
Chinese Schools Cry Foul over Hacking Accusations (2/21/2010 10:01:41 AM)
Start Your Own Ballet Shoes Store (2/17/2010 2:52:37 PM)
Toyota Faces Lawsuit over Deaths by Faulty Accelerators (2/13/2010 11:49:14 AM)
Chinese Authority Shuts Down Hacker Training Business (2/9/2010 7:53:14 AM)
PayPal Halts “Personal Payments” Service in India (2/8/2010 8:14:03 AM)
Replacement Gas Pedals on its way to Dealer - Toyota (1/30/2010 11:20:28 AM)
Toyota to Recall More Than 2.3 Million Car Due to Defective Accelerators (1/22/2010 10:45:04 AM)
Microsoft Working 24/7 to Patch Internet Explorer Used in China Cyberattacks (1/21/2010 6:50:39 AM)
China’s Baidu Sues US-based Register.com over Cyberattacks (1/20/2010 7:43:16 AM)
Asian Automakers Retains US Dominance in 2009 (1/13/2010 9:32:52 AM)
China Continues to Use Toxic Metals in Kids’ Jewelry – AP (1/11/2010 9:28:26 AM)
China Edges out Germany as World’s Top Exporter (1/11/2010 8:21:46 AM)
Dubai Opens World’s Tallest Building amid Financial Woes (1/4/2010 9:50:26 AM)
Microsoft Places Search Market in China as Top Priority (12/29/2009 7:35:04 AM)
Massive Expatriation of Workers Seen in Dubai (12/6/2009 11:05:01 AM)
Oil Prices in "Perfect" Condition - Saudi (12/5/2009 8:18:36 AM)
Dubai World Rejects Sale of Top Performing Assets (11/29/2009 6:21:33 AM)
Toyota Announces Recall of some 4 Million Gas Pedals (11/26/2009 11:42:53 AM)
China Controls Rare Element Supply Used for High-Tech Gadgets (11/16/2009 8:00:31 AM)
Sony Faces Antitrust Probe by US Government over Optical Drives (10/26/2009 7:56:37 AM)
Toyota Retains Top-Selling Car Title for 4th Straight Month (9/4/2009 8:56:07 AM)
GM Wants to Cut Russian From Opel Control (8/30/2009 8:37:38 AM)
Toyota Conducts Recall in China, Biggest Ever (8/24/2009 8:14:42 AM)
China, Taiwan Sign Merger for Mobile Product Development (8/24/2009 7:24:20 AM)
US, China Relations at a Pivotal Point (7/27/2009 11:58:38 AM)
Asia Executive of Citigroup Leaves (6/20/2009 10:07:04 PM)
Wal-Mart to Open Store In India (5/30/2009 6:12:39 PM)
China Disturbed by Fed's Treasury Purchase (5/28/2009 1:08:56 PM)
Russian Technology Giant Buys 1.96% Facebook Stakes for $200M (5/27/2009 2:05:02 PM)
PetroChina Becomes Number One (5/27/2009 10:31:43 AM)
Russian Company Offers Facebook $200M Investment (5/26/2009 12:37:08 PM)
US Businesses Concerned Over China (5/22/2009 11:02:28 AM)
Japanese Automakers Laud Obama's Endorsement to Use Green Cars (5/21/2009 1:09:29 PM)
Auto Sales in China Surpass US (4/8/2009 12:18:26 PM)
Coca-Cola Plans to Invest $2 Billion in China (3/8/2009 1:03:02 AM)
Thousands of Japanese Employees Killed due to Overwork (1/12/2009 1:11:52 AM)
Chinese Exporters Face Payment Risks (1/7/2009 1:08:16 AM)
Toyota Plans to Halt Production for 11 Days (1/6/2009 3:35:26 AM)

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