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 Notches $14M Profit in Q2 (August 2, 2011)Toyota Motor Corp., the biggest car manufacturer in the world, was able to eked out a $14 million (1.1 billion yen) profit in the second quarter of 2011 following the massive twin disaster that disrupted its production lines.
- Toyota Eyes 35 Percent Drop in Profit After Quake (June 10, 2011)Toyota Motor Corp., the world’s biggest carmaker, on Friday said that its annual profit may drop by 35 percent this year as the Japanese automotive giants struggled to cope with the blow of the March 11 earthquake and tsunami.
- Toyota Assures 45-day Supply to US (May 21, 2011)Toyota Motor Corp., the largest carmaker in the world, said that it is “business as usual,” assuring its US dealers that supply would be enough for 45 days.
- Toyota Puts Japan Recovery As Top Priority Over Earnings (April 1, 2011)Akio Toyoda, the president of Toyota Motor Corp., on Friday said that they are thinking on how to restore the infrastructure lifeline in eastern Japan, rather than the affect of the tsunami in its earnings.
- Toyota Fixing Coolant Pumps of 650, 000 Prius Worldwide (November 30, 2010)Toyota Motor Corp, the largest automaker in the world, has announced problems in the pump system that cools the hybrid motors of its flagship green car Prius.
- Toyota Eyes 5M Hybrid Vehicle Sales by 2015 (August 25, 2010)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.
- US Transport Department Clears Toyota on Other Alleged Defects (August 11, 2010)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.
- Toyota Knew About Lexus’ Faulty Engine 2 Years Ago (July 6, 2010)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 (July 5, 2010)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 (June 17, 2010)Toyota Motor Corp., the largest automobile maker in the world, has suffered the same fate as Honda Motor Co. after its workers in China held a strike.
- Toyota Widens Recall, Pays Record Penalty (April 20, 2010)
- Toyota Tests SUV Models for Safety (April 15, 2010)
- Toyota Sales Surge 40 Percent in March (April 2, 2010)
- China’s Youth Choosy on Their Jobs (March 14, 2010)
- Toyota CEO to Face Chinese Authorities over Vehicle Problems (February 28, 2010)
- Start Your Own Ballet Shoes Store (February 17, 2010)
- Toyota Faces Lawsuit over Deaths by Faulty Accelerators (February 13, 2010)
- Toyota to Recall More Than 2.3 Million Car Due to Defective Accelerators (January 22, 2010)
- Toyota Announces Recall of some 4 Million Gas Pedals (November 26, 2009)
- China Controls Rare Element Supply Used for High-Tech Gadgets (November 16, 2009)
- Sony Faces Antitrust Probe by US Government over Optical Drives (October 26, 2009)
- Toyota Retains Top-Selling Car Title for 4th Straight Month (September 4, 2009)
- Toyota Conducts Recall in China, Biggest Ever (August 24, 2009)
- US, China Relations at a Pivotal Point (July 27, 2009)
- Wal-Mart to Open Store In India (May 30, 2009)
- Russian Technology Giant Buys 1.96% Facebook Stakes for $200M (May 27, 2009)
- PetroChina Becomes Number One (May 27, 2009)
- Russian Company Offers Facebook $200M Investment (May 26, 2009)
- US Businesses Concerned Over China (May 22, 2009)
- Auto Sales in China Surpass US (April 8, 2009)
- Coca-Cola Plans to Invest $2 Billion in China (March 8, 2009)
- Thousands of Japanese Employees Killed due to Overwork (January 12, 2009)
- Chinese Exporters Face Payment Risks (January 7, 2009)
- Toyota Plans to Halt Production for 11 Days (January 6, 2009)