Japan’s Nikkei rises, defence stocks shine as Ishiba set to become next PM TOKYO: Japan’s Nikkei share average rose more than 1% on Tuesday, led by defence stocks as former defence minister... Published 01 Oct, 2024 10:17am
Business & Finance Toyota cuts 2026 global EV output plans by a third, Nikkei reports TOKYO: Japan’s Toyota Motor has slashed its electric vehicle production plans for 2026 by a third, the Nikkei... Published 06 Sep, 2024 03:01pm
Business & Finance Toyota to suspend operations of all Japan plants due to Typhoon Shanshan, Nikkei reports TOKYO: Toyota Motor will suspend operations of all 14 plants in Japan due to the approaching Typhoon Shanshan, from... Published 28 Aug, 2024 11:18am
Technology Toyota and BMW to upgrade fuel cell alliance, Nikkei Asia says TOKYO: Toyota Motor Corp and BMW will upgrade their partnership in fuel cell vehicles, Nikkei Asia reported on... Published 27 Aug, 2024 12:14pm
Markets Indus Motor again temporarily shuts production citing low inventory Indus Motor Company Limited (IMC), the assembler/manufacturer of Toyota-brand vehicles in Pakistan, again said it... Published 05 Aug, 2024 03:32pm
Business & Finance Toyota posts 17% rise in Q1 operating profit TOKYO: Toyota Motor posted a 17% rise in first-quarter operating profit at 1.3 trillion yen ($8.70 billion) on... Published 01 Aug, 2024 11:22am
Business & Finance Toyota, affiliates to offload some $1bn in Aisin shares TOKYO: Toyota Motor and two affiliates will sell 33.9 million shares in group supplier Aisin, the companies said on... Published 28 Jun, 2024 05:41am
Markets Japan’s Nikkei dips below key 38,000 mark; Toyota drops TOKYO: Japan’s Nikkei share average dropped below the psychologically key 38,000 level for the first time this month... Published 17 Jun, 2024 01:52pm
Business & Finance Japan’s Honda to start selling micro-sized electric vans in October TOKYO: Honda Motor will start selling a micro-sized electric van targeted at Japan’s delivery industry in October,... Published 13 Jun, 2024 11:04am
Business & Finance Toyota, other Japan automakers under fire for vehicle certification issues TOKYO: Toyota Motor said on Monday its chairman would speak about an investigation it has conducted into its vehicle... Published 03 Jun, 2024 12:04pm
Business & Finance Toyota’s global volumes fall in April, led by drops in China and Japan TOKYO: Toyota Motor’s April global sales and production fell from a year earlier, hurt by an intense price war in... Published 30 May, 2024 11:37am
Business & Finance Toyota, Subaru and Mazda commit to developing new engines TOKYO: Toyota Motor and smaller Japanese automakers Subaru and Mazda Motor have each committed to developing new... Published 28 May, 2024 10:42am
Business & Finance Thailand car production drops 11% y/y in April, domestic sales fall BANGKOK: Car production in Thailand fell 11.02% in April from a year earlier to 104,667 units, the Federation of... Published 23 May, 2024 10:57am
Markets Japan’s Nikkei skids on Wall Street weakness and BOJ policy uncertainty TOKYO: Japan’s Nikkei share average retreated on Friday, tracking Wall Street’s weak finish overnight, with... Published 17 May, 2024 10:13am
Markets Japan’s Nikkei loses stream as market awaits fresh catalyst TOKYO: Japan’s Nikkei share average fell more than 1% on Wednesday, slipping from multi-week highs hit in the... Published 08 May, 2024 10:37am
Markets Japan’s Nikkei squeezes out modest gains as yen, Wall Street weigh TOKYO: Japan’s Nikkei share average eked out meagre gains on Thursday, with the yen’s sudden appreciation and a... Published 02 May, 2024 10:00am
Business & Finance Toyota’s global sales slide 7% in February, led by slumps in China and Japan TOKYO: Toyota Motor’s global sales dropped 7% in February from a year earlier, hurt by a heavy decline in China due... Published 28 Mar, 2024 10:38am
Business & Finance Indus Motor reduces Toyota Yaris prices in Pakistan by up to Rs133,000 Indus Motor Company, the maker of Toyota cars in Pakistan, announced on Thursday a price reduction for its Yaris... Updated 14 Mar, 2024 09:23pm
Business & Finance Toyota agrees to biggest wage hike in 25 years TOKYO: Toyota Motor agreed to give factory workers their biggest pay increase in 25 years on Wednesday, heightening... Published 14 Mar, 2024 03:00am
Business & Finance Toyota agrees to biggest wage hike in 25 years in sign of Japan Inc’s big pay bump TOKYO: Toyota Motor agreed to give factory workers their biggest pay increase in 25 years on Wednesday, heightening... Published 13 Mar, 2024 10:48am
Markets Indus Motor temporarily halts production citing inventory shortage Company to close its plant from March 6 to March 11 Updated 06 Mar, 2024 03:07pm
Markets Japan rubber futures retreat from 7-year high SINGAPORE: Japanese rubber futures fell from a seven-year high on Monday, hurt by a growth in inventories and lower... Published 27 Feb, 2024 03:06am
Business & Finance Toyota holds off response on wage talks after first round TOKYO: Toyota Motor, the world’s biggest automaker, held off on Wednesday from offering responses to its union’s... Published 21 Feb, 2024 10:49am
Markets Nikkei races to fresh 34-year high, all-time peak in sight TOKYO: Japan’s benchmark Nikkei got off to a roaring start on Friday, hitting 34-year highs and was on the cusp of... Published 16 Feb, 2024 10:48am
Business & Finance Toyota shares hit record high after earnings upgrade, domestic rivals in focus TOKYO: Toyota Motor shares hit a record high on Wednesday after its earnings upgrade the prior day, with rivals... Published 07 Feb, 2024 10:28am
Business & Finance Toyota hikes annual profit forecast after Q3 beats expectations TOKYO: Toyota Motor raised its full-year operating profit forecast by nearly 9% on Tuesday, after higher sales... Published 06 Feb, 2024 10:20am
Business & Finance Toyota keeps crown as world’s top-selling automaker in 2023 TOKYO: Toyota Motor sold a record 11.2 million vehicles in 2023, it said on Tuesday, taking the crown as the world’s... Published 30 Jan, 2024 10:05am
Business & Finance Toyota to roll out solid-state battery EVs in a couple of years, India executive says GANDHINAGAR: Japan’s Toyota Motor is set to launch within a couple of years vehicles with solid-state batteries that... Published 11 Jan, 2024 12:47pm
Business & Finance Toyota’s Daihatsu to compensate lower-tier suppliers for suspended production TOKYO: Toyota Motor’s small-car unit Daihatsu Motor said on Thursday it would compensate lower-tier contractors in... Published 28 Dec, 2023 10:36am
Business & Finance Toyota’s global output surges to record in November on strong demand TOKYO: Toyota Motor’s global production jumped 11% in November to a record level, bouncing back from last year’s... Published 27 Dec, 2023 10:48am
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points