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JapanHerald.com Wednesday 10th March 2010 Issue 2148
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Protests spread after Indian fuel hikeProtests spread after Indian fuel hike
The main opposition Bharatiya Janata Party in india has protested over a hike in fuel...


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Akio Toyoda says his company will get back to US growthAkio Toyoda says his company will get back to US growth
The market for Toyota cars in North America is expected to recover in March, according to the head of the company, Akio...
China committed to US debt,wary on gold
BEIJING: China, the world’s biggest holder of foreign exchange reserves, renewed its commitment to the US Treasury market on March 9 but said it would be wary of substantially boosting its gold...
SGX to woo Moscow for Russian IPOs
MOSCOW: The Singapore Exchange (SGX) will have a team of top executives in Moscow on Wednesday, March 10, in a bid to lure Russian companies’ IPOs away from its Hong Kong rival. More than 100 large...
Small-cap stocks in focus
KUALA LUMPUR: As investors trained their eyes on blue chips in the local bourse's recent rally, the potential of small-cap stocks has not gone unnoticed.Historical trends have shown that small-cap...
Gamuda-WCT JV served with claims for RM101m
]’s joint venture (JV) in Qatar has been served with a request for arbitration by Bahrain Asphalt Establishment B S C (Closed) (BAE) following a claim totalling QAR109.27 million (RM101.06...
TH Properties, Naza Group in RM100m project
] Sdn Bhd and Naza Group have teamed up to develop a high-end residential enclave with a gross development value (GDV) of RM100 million in Bandar Enstek, Nilai.The residential enclave in timur@enstek...
Toyota names top suppliers in North America
Toyota Motor Engineering and Manufacturing North America Inc. (TEMA) honored more than two dozen suppliers with awards at its annual supplier business meeting Tuesday. More than 800 suppliers...
Class-Action Lawsuits Could Cost Toyota $3B-Plus
James Lentz, president and COO of Toyota Motor Sales, U.S.A., Inc. testifies during a House Energy and Commerce Committee hearing on Capitol Hill on Feb. 23, 2010, in Washington,...
Toyota starts the long road back
NEW YORK (Fortune) -- Toyota fired another volley this week as it continued its fight to regain the confidence of owners shaken by reports of unintended acceleration.During a webcast with journalists...
Runaway Toyota Prius halted by Calif. police
Toyota Motor Corp's Prius hybrid car is seen at a parking lot in Tokyo in this February 22, 2010 file photo. A Prius accelerated out of control on a busy California freeway on Monday before police...
Daimler’s Tata Cash Offsets Losses From EADS Holding
March 9 (Bloomberg) -- Daimler AG’s sale of Tata Motors Ltd. shares will cushion the maker of Mercedes-Benz cars from a hit on earnings at European Aeronautic, Defence & Space...
Toyota Lawsuit Costs May Exceed $3 Billion
Toyota Tackles Critics Engineers from Toyota have spoken out against critics of the automaker with an intricate demonstration designed to disprove claims of faulty electronics systems. Dean Reynolds...
Video: Toyota Tackles Critics
Engineers from Toyota have spoken out against critics of the automaker with an intricate demonstration designed to disprove claims of faulty electronics systems. Dean Reynolds...
Class-action lawsuits could cost Toyota $3 bn
MIAMI: Toyota owners claiming that massive safety recalls are causing the value of their vehicles to plummet have filed at least 89 class-action lawsuits that could cost the Japanese auto giant $3...
Toyota to Investigate Prius California Police Say Accelerated
The driver of a 2008 Toyota Prius said his car uncontrollably accelerated to over 90 miles per hour on a San Diego County freeway before a California Highway Patrol officer helped him stop the car,...
Singapore Airlines to feature new cabin offerings from Abu Dhabi
Mar 9, 2010 - 09:02 - Abu Dhabi, 9 March 2010 (WAM) - Singapore Airlines' will introduce Daily Airbus A330-300 aircraft from Abu Dhabi to Singapore starting from 29 March 2010, featuring the...
US DOT Investigating 'Runaway' Toyota Prius Incident
The federal agency is sending an investigator to San Diego County to inspect the vehicle and gather information on the incident, said Olivia Alair, a Transportation Department spokeswoman. "The...
Runaway Toyota Prius reached 90 mph: Calif police
(Reuters) - The driver of a 2008 Toyota Prius said his car uncontrollably accelerated to over 90 miles per hour on a San Diego County freeway before a California Highway Patrol officer helped him...
Toyota finds no flaw with safety electronics
(Reuters) - Toyota Motor Corp said it had found no flaw with its throttle controls as it seeks to dismiss an external study critical of its electronic safety systems. The conclusions, announced at...
KESM sees 283.3% jump in 2Q net profit
] saw net profit for its second quarter ended Jan 31, 2010 (2Q10) surge by 283% year-on-year to RM2.6 million from RM678,000.Revenue for the period increased to RM55.9 million from RM39.3 million.On...
Passenger traffic at KLIA rose 19.7% in January
KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) saw passenger traffic at the Kuala Lumpur International Airport (KLIA) rise 19.7%  to 2.6 million in January 2010, from 2.17 million a year...
PJI gains RM350K from units' sale to MD
] is set to gain RM350,000 from selling two units of serviced apartments in Olives Residences, Subang Jaya to its managing director Datuk Lim Siang Chai for RM1.28 million.In a Bursa Malaysia filing...
AMB launches AMB Dana Aqeel Capital Protected
KUALA LUMPUR: Amanah Mutual Bhd (AMB), a wholly-owned subsidiary of Amanah Saham Nasional Bhd (ASNB), today launched a 300 million unit close-ended syariah-compliant fund, AMB Dana Aqeel Capital...
ConnectCounty signs MoU as part of proposed restructuring
] has signed a memorandum of understanding (MoU) with its prospective white knight Osolar Ltd's shareholder Gerald Patrick.ConnectCounty told Bursa Malaysia today the MoU formed the basis of its...
Tribulations at Toyota: The Search for the Gas Pedal Flaw
Toyota has recalled millions of vehicles due to reports of sticking gas pedals and unintended acceleration. But finding out exactly what causes the problem has proven difficult. An explanation for...
Class-action lawsuits could cost Toyota $3B-plus
FILE - In this Jan. 26, 2010 photo, a 2010 Toyota Corolla is shown at Toyota dealership in San Francisco. In the lawsuits, Toyota owners suing the company contend they paid far more for their...
Top News: CHP Officer Helps Stop Runaway Toyota Prius
EL CAJON, Calif. -- A California Highway Patrol officer helped slow a runaway Toyota Prius from 94 mph to a safe stop on Monday after the car's accelerator became stuck on a San Diego County...
Out-of-Control Prius Raises New Questions for Toyota
Californian police had to come to the rescue of a Toyota Prius driver on Monday when his gas pedal became stuck on the freeway, local media reported. The incident is the latest report of acceleration...
Toyota seeks to discredit claims of electronic defects
Toyota sought to discredit fears over the automaker's electronics here Monday but were forced onto the defensive hours later when a Prius went speeding out of control along a California highway.The...
California Police Help Stop Runaway Toyota Prius
says it has dispatched a specialist to investigate. Toyota has undertaken a mass recall of many of its vehicles for sudden acceleration problems. It was not clear if Sikes' car was recalled or...
Out-of-control Toyota Prius stopped by police
LOS ANGELES -- A Toyota Prius accelerated out of control on a busy California freeway on Monday before police intervened to bring the vehicle to a standstill, police said. James Sikes, 61, was...
Sony Predicts Improved TV Sales
March 9 (Bloomberg) -- Sony Corp. plans to raise its television sales target by at least 67 percent to 25 million sets for the year starting April, as demand for consumer electronics...
Japan's Broadest Economic Gauge Rises Again
March 9 (Bloomberg) -- Japan’s broadest indicator of economic health rose for a 10th month, extending the longest streak since 1997 as exports fueled the...
India's Next Outsourcing Wave
It's understandable that many in the U.S. are angry that workers lose jobs to offshore programmers. Despite the unpopularity of outsourcing in the wake of the financial meltdown, I am convinced that...
Chinese Regulator Sees Pressure on Currency
March 9 (Bloomberg) -- The yuan is facing increasing pressure to appreciate as speculative capital flows into the country because of a widening interest-rate differential, China’s top currency...
Strauss-Kahn: China May Allow Stronger Yuan
March 9 (Bloomberg) -- China may allow its currency to appreciate in coming months in line with its plan to boost domestic demand, the International Monetary Fund’s Managing Director Dominique...
China to Launch Foreign ETFs This Year
March 9 (Bloomberg) -- China’s plan to introduce exchange- traded funds that track overseas stock indexes signals a push to create more opportunities for investors as the market matures,...
Toyota Reviewing U.S. Report of Prius With Stuck Gas Pedal
March 9 (Bloomberg) -- Toyota Motor Corp., struggling to regain a reputation for quality after unintended acceleration forced millions of vehicle recalls, will investigate a report in California of a...
Fujitsu Probe Fails to Defuse Nozoe Controversy, Investors Say
March 10 (Bloomberg) -- Fujitsu Ltd., the computer company embroiled in a dispute with its former chief, was inadequately probed by Japan’s main stock exchange over the disclosure of President...
China, India Sign Up to Copenhagen Climate-Change Agreement
March 9 (Bloomberg) -- China and India signed up to the Copenhagen climate-change agreement reached in December in the Danish capital, meaning all the world’s largest emitters have now agreed...
Ahmadinejad to Visit Afghanistan, Talk With Karzai
March 9 (Bloomberg) -- Iran’s President Mahmoud Ahmadinejad will visit Afghanistan tomorrow for talks with his Afghan counterpart, Hamid Karzai, his first trip to the neighboring country since...
Toyota to buy parts of NUMMI
T oyota Motor Corp.’s $250 million retention bonus for the 4,700 workers at the NUMMI plant may be more a case of a practical business decision rather than an altruistic helping hand. On...
Toyota With 'Stuck' Accelerator Hits 94 MPH, Driver Rescued by California Highway Patrol
James Sikes, whose 2008 Toyota Prius accelerated suddenly on a California interstate Monday, reaching 94 MPH before he was able to bring it under control with the help of the California Highway...