Finance Links

Toyota has handed over to US lawmakers a 2006 letter written by Japanese employees warning that aggressive cost cuts had undermined the quality of its vehicles, the FT reported….

The secret of successful investing has always been to find inefficient markets and exploit them, writes John Authers in an FT’s Short View column on the successes of Mexico’s Carlos Slim,…

Inflation in China jumped to a sixteen-month high last month and factory output expanded at a strong rate, adding to the pressure on the government to consider raising interest…

The attempted $2.2bn purchase of AIG’s Taiwan insurance unit by a Hong Kong consortium is facing intense scrutiny amid lingering concerns among regulators that the buyers are backed by Chinese funds,…

The triple A rating of the US is at risk, unless the country adopts a credible medium-term plan to rein in fiscal spending, the FT reported. The warning came from rating agency Standard &…

Japan’s economy grew less than originally expected in the fourth quarter of 2009, but the revised gross domestic product data unveiled on Thursday confirmed the strength of the cyclical recovery,…

India’s Oil and Natural Gas Corp is in talks with Gazprom and Rosneft over taking equity stakes in oil and gas projects in Russia to help cement an energy partnership between New Delhi and Moscow,…

A former HSBC employee stole the personal details of about 24,000 clients of its private bank in Switzerland in a major security breach three years ago, the FT reported. Initially…

Amid fears about bubbles and overheating, the Chinese authorities have opted for a subtle approach, lifting the reserves that banks have to deposit a couple of times and privately…

China made a fool of the west during the global economic crisis, flaunting high growth while western countries languished. Now China has something new to brag about: Forbes magazine…