Toyota Could Post Record Profit This Year

May 9 (Bloomberg) -- Koji Endo, an analyst with Advanced Research Japan in Tokyo, talks about Toyota Motor Corp.s' business outlook and Japan's auto industry. Toyota, the world’s largest carmaker, yesterday forecast profit and revenue that missed analysts’ estimates, based on outdated projections for the yen to trade at 90 against the dollar and 120 versus the euro this fiscal year. Endo speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)
Iron Ore Cap Provokes More Criticism
56:54 - The suggestion that iron ore production be capped to force the price up has prompted critics to pour scorn on Fortescue Chairman Andrew Forrest. Bloomberg’s Paul Allen reports on “Asia Edge.” (Source: Bloomberg)
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