Toyota to stop making cars in Australia from 2017
SYDNEY (Reuters) – Toyota Motor Corp said on Monday it would stop making cars and engines in Australia by the end of 2017, marking the end of an era for a once-vibrant auto production base and the loss of thousands of direct and indirect jobs.
Asiana Airlines seeks cockpit culture changer after U.S. crash
SEOUL (Reuters) – South Korea’s Asiana Airlines Inc is changing its pilot training program and encouraging its crew to talk more in a bid to change a corporate culture that U.S. investigators said may have been a factor in a crash last year.
Japan’s current account woes throw spotlight on economic risks
TOKYO (Reuters) – Japan posted its smallest current account surplus on record last year, throwing the spotlight back on Tokyo’s ability to service its huge debt and exposing a danger point in an economy starting to find its feet after years of underper…
Ex-Goldman, Noble top traders to set up Asia hedge fund: source
HONG KONG (Reuters) – Two former top traders at Goldman Sachs and Noble Group are planning to form a hedge fund in Asia, a source with knowledge of the matter said, in another high profile launch in the region.
Boeing sees Asia-Pacific fleet nearly tripling over 20 years
SINGAPORE (Reuters) – Boeing maintained its 20-year forecast for airplane demand at $4.8 trillion, and predicted that nearly half of the world’s air traffic growth would be driven by travel to, from or within the Asia-Pacific over the next two decades….
Emerging markets output growth slows to 4-month low in January: HSBC
LONDON (Reuters) – Business activity across emerging markets expanded in January at the slowest pace in four months, dragged down by sluggish services sectors in the BRIC quartet of big developing countries, a survey showed on Monday.
ISS recommends ‘no’ vote on Icahn’s plan for Apple
(Reuters) – Proxy advisory firm ISS said it recommends shareholders vote against activist investor Carl Icahn’s share buyback proposal for Apple Inc, according to a report obtained by Reuters on Sunday.
Ecuador’s competition watchdog fines America Movil subsidiary
QUITO (Reuters) – Ecuador’s markets watchdog said on Sunday it fined the local subsidiary of Latin America’s largest phone company, America Movil , $138.4 million for anti-competitive practices.
Asia shares find solace in Wall Street, yen eases
SYDNEY (Reuters) – Asian markets were set for guarded gains on Monday encouraged that Wall Street was able to weather a seemingly disappointing U.S. jobs report, though there is more than enough event risk ahead to keep investors on their toes.
Here comes the euro zone growth data
LONDON (Reuters) – The euro zone and its constituent parts will report fourth quarter economic growth numbers at the end of the week, offering policy makers at the European Central Bank a needed snapshot of the bloc’s underlying strength.
