SEOUL (Reuters) – Shareholders of Hynix Semiconductor have extended the deadline for preliminary bids for a controlling stake in the memory chip maker, in their latest efforts to find a buyer before turning to market sales.
(ChinaPost.com.tw) – South Korean banks’ bad-loan ratio dropped to 1.22 percent of total lending at the end of December as they reduced the amount of non-performing loans through sales and write-downs.
(ChinaPost.com.tw) – United States safety regulators are satisfied with a Toyota Motor Corp. plan for fixing an accelerator problem that is part of a widening global recall and unprecedented sales and production halt, a government official said on Satu…
Ockham Research submits: On Wednesday, we wrote that investors should stay far away from Toyota Motor (TM) following their unprecedented recall of 8 popular models (Toyota’s Stuck Accelerators Cause Investors to Slam on the Brakes). Initial e…
TOKYO (Reuters) – Toyota Motor Corp President Akio Toyoda apologized for the recall of millions of vehicles around the world, Japanese broadcaster NHK reported, as the deepening recall crisis threatened to further damage its sales and delay an earnings…
(ChinaPost.com.tw) – Li and Fung Ltd. Thursday entered an agreement to supply clothes and other consumer goods to Wal-Mart Stores Inc. that may generate an additional US$2 billion of sales in the first year, President Bruce Rockowitz said.
(ChinaPost.com.tw) – China’s auto sales will not rise as quickly this year as in 2009, but can still easily grow by double-digits thanks to strong demand and stimulus policies, a Commerce Ministry official said Friday.
(ChinaPost.com.tw) – Microsoft Corp. said Thursday its earnings in the most recent quarter jumped 60 percent, as a rebound in the personal computer industry drove sales of the company’s latest Windows operating system.
(ChinaPost.com.tw) – Toyota’s still-expanding recalls over faulty gas pedals and an unprecedented decision to stop selling and building some of its top-selling models in the U.S. are costing the carmaker dearly: industry analysts are already forecastin…
(ChinaPost.com.tw) – Samsung Electronics Co. returned to profit in the fourth quarter as demand for flat screen televisions and mobile phones helped push sales to a record high, underlining Samsung’s rise to the top tier of global technology companies.