Wednesday, October 18, 2017

Tag: Toyota Motor Corp

Summers Warns of Financial-Crisis Risk From Trump Economic Plans

Former U.S. Treasury Secretary Lawrence Summers attacked the policy proposals of Donald Trump on several fronts, saying the president-elect’s plans for deregulation were setting the stage for the next financial crisis. “The deregulation in some areas like finance is hugely dangerous,” Summers said Sunday in an interview on Fox News Channel....

Asia markets capitulate as UK votes to leave European Union

Asian stocks cratered, gold prices surged and the dollar briefly plunged below 100 against the yen on Friday as financial markets were rocked by results from the UK referendum on European Union (EU) membership that pointed to a Brexit. The UK voted to leave the EU, a dramatic turn that...

Top Chinese carmakers plot major push into India

China's top carmaker SAIC Motor Corp and Great Wall Motor, its biggest maker of SUVs, are spearheading the country's first major push into India, one of the world's fastest growing auto markets, as growth at home stagnates. The entry is late and risky - global carmakers like Volkswagen AG, Ford...

Japan Buys Dollars to Weaken the Surging Yen

TOKYO — Japan said Thursday that it had intervened in the foreign exchange market, selling yen and buying dollars in a bid to reverse a punishing spike in the value of the Japanese currency. Japan has been desperate to bulwark its fragile recovery from the March earthquake and tsunami. But...

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