Toyota may rethink Thai investment plans if crisis lingers

(Reuters) – Toyota Motor Corp (7203.T) may reconsider investing up to 20 billion baht ($609 million) in Thailand, and could even cut production, if political unrest drags on, the head of the Japanese automaker’s local unit said on Monday. Toyota is the largest car manufacturer in Thailand, producing 800,000 vehicles a year. Plans to increase […]

Japan’s economy shows recovery signs in boost for Abe

Japan’s economy, the third largest in the world, expanded at its quickest pace in a year, showing signs of an economic recovery. Gross domestic product grew 0.9% in the three months to March compared to the previous quarter, indicating an annualised rate of 3.5%. Japan grew at a rate of 1% at the end of […]

Japan trade deficit hits record as yen weakens

http://www.bbc.co.uk/news/business/market_data/currency/12/14/default.stm Japan’s monthly trade deficit hit a record in January after its recent aggressive monetary policy stance weakened its currency sharply. Exports rose in January, the first jump in eight months, as its goods became more affordable to foreign buyers. However, a weak currency also pushed up its import bill resulting in a monthly trade […]

China auto sales accelerate in December

BEIJING (AP) — China’s auto sales rose 7.1 percent in 2012 after growth accelerated in December as an economic recovery began to gain traction, an industry group reported Friday. Sales in the world’s biggest market by number of vehicles sold totaled 15.5 million units, the China Association of Auto Manufacturers said. December sales rose 6.9 […]