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Toyota Becomes Asia’s Biggest Firm by Market Value

Toyota

TOKYO – Toyota (IW 1000/8) has accelerated past Samsung Electronics to become Asia’s biggest company by market value, after the automaker’s shares doubled in the past year. Toyota’s market capitalization stood at 22.23 trillion yen ($217 billion) on Thursday, beating out the Galaxy smartphone and tablet computer giant which was worth the equivalent of 20.32 trillion yen. Toyota, also the world’s biggest ... Read More »

Japan’s Q1 growth beats expectations

japan economy

TOKYO, May 16 (Reuters) – Japan’s economy grew faster than expected in January-March, expanding at its quickest pace in a year on the back of solid private consumption and a rise in exports spurred by Prime Minister Shinzo Abe’s aggressive monetary and fiscal stimulus. Thursday’s Cabinet office data showed, however, that corporate investment has yet to follow to ensure a ... Read More »

Investment Rate Encouragingly High: C Rangarajan

RANGARAJAN

“Fulfillment of targets in key infra areas will act as a stimulus. While the gross savings rate in FY13 was 30.5%, the investment rate was 35%. With investment rates being high, clearing bottlenecks will unleash growth,” Rangarajan explained. He further pointed out that domestic liquidity management can be done via open market operations (OMO) and not just CRR. “Sometimes calibrated ... Read More »

China Is Emerging As A Real Force In The Drone Warfare Market (video)

china drones

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Asian Strategic Review

shippinglanespacificasia

About the Book It would not be a cliche to describe the strategic contours of Asia as being at the crossroads of history. A number of significant events are influencing the likely course that the collective destiny of the region could possibly take in the future. Some of the key issues and trends have been analysed in this year’s Asian Strategic ... Read More »

India’s NSE index closes at 28-month high; ITC hits record

National_Stock_exchange_Mumbai

MUMBAI, May 10 (Reuters) - India's NSE index rose on Friday to its highest close since January 2011, as ITC rose to a record on expectations foreign investors will continue to scoop up domestic blue chips, while Maruti Suzuki surged after the yen slid against the dollar. The NSE index has gained 2.5 percent this week, marking its fourth consecutive ... Read More »

Discord in East Asia overshadows financial cooperation

east_asia

GREATER NOIDA, INDIA – Asia-Pacific finance chiefs vowed to work together to further local growth during the Asian Development Bank’s annual meeting, but acute friction among the region’s three largest economies — China, Japan and South Korea — cast a shadow over this ambition. With no signs of its ties improving with Beijing and Seoul, Tokyo sought to use the ADB ... Read More »

Shenzhen telecom firm trying to take its phones global (video)

huawei

Huawei Consumer Business Group CEO discusses the company’s products and the challenges it faces going global.   CNN Read More »

Big Story With Chanda Kochhar — The Inflation Demon (video)

Chanda-Kochhar

Chanda Kochhar, ICICI Bank’s MD & CEO speaks about consumption, inflation and the need to revive the investment cycle. Tune in to this segment of Big Story to hear her views on cash flows, rate cuts and speedy clearances.   BloomergUTV Read More »

It will take a lot more than Abenomics to boost Japan Inc

Shinzo Abe

May 3 – Major Japanese firms such as Toyota and Sony report earnings a few months after Japan’s prime minister Shinzo Abe moves to reflate Japan’s economy. Tara Joseph says what to expect in Asia next week.   ReutersTV Read More »