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FINANCE NEWS

Toyota announces mass Prius recall
Wed 11:58am AFP
Toyota said Tuesday it was recalling hundreds of thousands of hybrid vehicles globally, including the best-selling Prius, plunging it deeper into c...
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Ma says China trade pact crucial to Taiwan
Wed 9:05am AFP
Taiwan's President Ma Ying-jeou said Tuesday that the island needs a proposed trade pact with China despite warnings that Taipei would become more ...
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S.Korean creditors offer Kumho 326 million dollar loan
Wed 9:05am AFP
Kumho Asiana's main lender said Tuesday the embattled South Korean group's creditors would give it a fresh loan of 380 billion won (326 million dol...
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Malaysia's Maybank Q2 profit up 35 percent
Wed 9:04am AFP
Malaysia's top lender Maybank said Tuesday its fiscal second-quarter net profit rose 35 percent from a year earlier, helped by higher loans growth ...
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Thai Airways plans to lease 15 new aircraft
Wed 9:04am AFP
Thai Airways has announced plans to spend more than one billion dollars leasing 15 new aircraft over the next four years as the airline seeks to br...
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Upbeat Nissan now expects full-year profit
Wed 9:01am AFP
Nissan Motor upgraded its earnings outlook Tuesday, saying it was on course to end the current financial year in the black thanks to solid demand i...
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Japanese plane seat maker admits falsifying safety data
Wed 8:58am AFP
Japan's Koito Industries has admitted to fabricating safety data for seats in more than 1,000 aircraft used by 32 carriers, striking another blow t...
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Japan Airlines sticks with American Airlines
Wed 4:02am AFP
Japan Airlines, after declaring bankruptcy last month, said on Tuesday it will expand its alliance with American Airlines and its Oneworld partners...
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