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Asian markets may see a correction... index slipped 0.6 percent Friday, its biggest one-day drop for a month. Results from major firms such as Mitsubishi Motors, Toshiba Corp, Hyundai Motor, Tata Steel and National Australia Bank will be closely watched. Tokyo in driving seat Earnings ... Asian Stocks Fall, Led by Japan's Banks, Mitsubishi UFJ on Consumer PricesAsian stocks fell for the first time in seven days, led by Japanese banks including Mitsubishi UFJ Financial Group Inc. Economic Growth in U.S. Probably Slowed Last Quarter as Housing Slumped... in a Bloomberg News survey. The economy grew at a 2.6 percent pace in the second quarter. Automakers including Ford Motor Co. announced job cuts and plant closings to stanch losses, and homebuilders are scaling back as the housing industry faces the ... Tokyo stocks go into reverse on profit-taking before weekend+... were the main losers in the morning. Oil, auto and mining stocks advanced. 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Below, is a modified version fo the same engine with added power. (Photos: ... DaimlerChrysler Q3 2006 Earnings Call Transcript... Deutsche Bank Stefan Burgstaller - Goldman Sachs Adam Jonas - Morgan Stanley Unidentified Analyst Harold Hendrikse - Credit Suisse James Mackintosh - Financial Times Arndt Ellinghorst - Dresdner Kleinwort Stephen Reitman - Merrill Lynch Carter ... Daimler Profit Drops Less Than Estimated on Gains at Mercedes; Shares Jump... Mercedes profit by cutting jobs and introducing new vehicles. Chrysler, like U.S. peers General Motors Corp. and Ford Motor Co., was hurt as Toyota Motor Corp. posted the biggest U.S. market share gains this year. Mercedes benefited from a lineup of ... Dollar rangebound before Fed rate decision... decision later Wednesday and its post-meeting statement, said Mitsuru Sahara, a currency watcher at Bank of Tokyo-Mitsubishi UFJ. "(Concern over the nuclear program of) North Korea is not having any impact on the market, neither are crude oil prices ... Oil prices firmer in Asian trade on increased confidence in OPEC... $60.10. "I think we've had a fairly decent rise in prices after a few days of uncertainty," said Tony Nunan, of Mitsubishi Corporation's international petroleum business in Tokyo. "The announced cutbacks from Saudi (Arabia), the biggest, most ... Enron's Skilling gets 24 years... of every one of these charges." As he did in testimony during his trial, Skilling blamed the demise of Enron on a credit and liquidity crunch. "The company did not have enough dry powder to deal with it. That, in sum and substance, is what happened ... Honda's Second-Quarter Net Income Probably Rose to Record on Yen, CompactsHonda Motor Co., Japan's third- largest carmaker, will probably report record second-quarter profit, helped by a weaker yen and rising demand for its fuel- efficient Civic compact cars. BUSINESS... workers will amount full-year to $ 13 billion, higher than original central bank forecast of $ 11.87 billion. Mitsubishi recasts RP AUV hub plan Mitsubishi Motor Philippines Corp. is repackaging its original plan to transform the Philippines as a ... POLL: RR of the WeekFrom the submissions that poured in we've been forced to conclude that Autoblog has more readers who drive a Subaru than a Mitsubishi, as four out of the five cars we chose to feature were of the Subie kind. World Business Quick Take1 2 Music Card duo boycott Web site Visa International and MasterCard Inc have stopped accepting credit card transactions for purchases of online music made on a Russian Web site accused of selling music illegally, officials for both payment systems ... Strattec Security Corporation Reports Fiscal First Quarter Results... to $6.2 million due to a combination of lower levels of production and reduced component content. Sales to Ford Motor Company were $4.6 million compared to $6.6 million, due to price reductions and lower vehicle production. The full effect of these ... Suzuki may beat Daihatsu by giving up minicar lead... minicars in Japan this fiscal year to focus on selling more profitable compact vehicles in Asia and Europe. Suzuki Motor Corp. is relinquishing its ranking as the world's biggest maker of minicars, the pool-table-size autos that crowd Japan's ... Around the Markets: Downsizing that drives share pricesTOKYO Suzuki Motor is relinquishing its ranking as the world's biggest maker of minicars, the autos that crowd Japan's streets, and as a result it is beating the No.
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