Japan
Toyota Faces U.S. Recall Probe With Lobbying Budget Bigger Than Chrysler's Toyota Motor Corp. is armed with one
of the auto industry’s biggest lobbying budgets as it faces U.S.
government and congressional inquiries into millions of vehicles
recalled for sudden acceleration.
Toyota Corolla Steering Complaints Are Being Reviewed By U.S. Regulators Toyota Motor Corp.’s Corolla, the
world’s best-selling car, is being reviewed by the U.S. after
driver complaints about steering, according to a government
spokeswoman.
Euro May Extend Its Gains Against Dollar as EU Signals Support for Greece The euro may extend its rise versus
the dollar after the biggest gain in more than five months as
European Union officials held out the prospect of aiding Greece
if the country made progress in reducing its budget deficit.
AMR's American to Deepen Japan Air Ties After `Aggressive' Delta Rebuffed AMR Corp.’s American Airlines will
expand its ties to Japan Airlines Corp. on trans-Pacific routes
after fending off Delta Air Lines Inc.’s “aggressive” bid to
pry Asia’s largest carrier out of the Oneworld alliance.
Oce Will Answer Canon Bid Questions at Shareholder Meeting, Hermes Says Oce NV will answer questions raised
by Hermes Focus Asset Management Ltd. on Canon Inc.’s proposed
takeover of the printer maker at a meeting Feb. 12, Hermes said
in an e-mailed statement today.
South Korea's Central Bank, Under Political Pressure, May Hold Rate at 2% South Korea’s central bank may keep
the benchmark interest rate at a record low as the government
presses policy makers to stoke the economy before elections.
Toshiba Revises Plan for $8.94 Billion Flash Memory Plant, Nikkei Says Toshiba Corp. revived plans to build
a flash memory plant in Mie Prefecture, Japan, spending 800
billion yen ($8.94 billion) over three years, Nikkei English
News reported, without saying where it got the information.
Shinsei Merger With Aozora Bank in Danger of Collapse, Credit Suisse Says Shinsei Bank Ltd., the Japanese
lender partly owned by U.S. investor Christopher Flowers, may
cancel its merger with Aozora Bank Ltd. and book a loss, Credit
Suisse Group AG said in a report.
Suntory's Saji Says Public Offer Is Option to Raise Funds for Expansion Suntory Holdings Ltd., the
Japanese beverage maker that yesterday ended merger talks
with Kirin Holdings Co., said an initial public offering is
an option to fund its expansion.
`Invincible' High-Speed Trains Undercut China Southern to Win Customers China Southern Airlines Co., the
nation’s largest carrier, and Air China Ltd. are slashing prices
to compete with the country’s new high-speed trains in a battle
that Europe’s airlines have largely already ceded.
Hatoyama May Name Yukio Edano Next Revitalization Minister, Nikkei Reports Japanese Prime Minister Yukio
Hatoyama may name Yukio Edano the country’s new revitalization
minister, Nikkei English News reported, without saying where it
got the information.
Kim Jong Il Repeats North Korea's Committment to Giving Up Nuclear Weapons North Korean leader Kim Jong Il said
he remained committed to giving up the country’s nuclear weapons
program as diplomatic efforts intensified to end a 14-month
hiatus in multilateral disarmament talks.
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