In a corner of Toyota's oldest factory, the Japanese carmaker's longest-serving employee preaches the benefits of craftsmanship, saying manual labor is the key to success in a highly automated automotive industry.
Chinese President Xi Jinping said on Saturday that the country should not focus on its economic growth rate only, reiterating China's push for a more sustainable, higher-quality expansion.
South Korea hopes its infrastructure companies will benefit from the country joining the China-backed Asian Infrastructure Investment Bank (AIIB), the finance ministry said on Friday.
Toyota Motor Corp (7203.T) said on Thursday it would aim to halve the investment required to retool factories for new models compared with what it was spending before the 2008 financial crisis, as part of a sweeping overhaul of the way it develops and builds cars.
Ford Motor Co (F.N) plans to triple exports from India with a $1 billion plant that will be one of its most heavily automated in Asia, offsetting slower sales inside the country with a push to sell more local production abroad.
India's biggest airline by market share, IndiGo, is preparing to file a draft prospectus by May for a stock listing to raise $300 million to $400 million, two people with knowledge of the plans said, aiming to cash in on a boom in budget air travel.
Oil prices fell more than $1 on Friday, after sharp gains in the prior session, as worries of a disruption to supplies due to Saudi Arabia-led air strikes in Yemen eased.
Asian stocks were mixed on Friday and the dollar rebounded as rising tensions in the Middle East clouded the investment outlook.
Hainan Airlines Co Ltd (600221.SS), China's fourth-largest carrier, said on Wednesday it plans to order 30 Boeing Co (BA.N) B787-9 jets as it seeks to expand international routes to tap into growing demand for overseas travel from China.
Sri Lanka's President Maithripala Sirisena headed to Beijing on Wednesday seeking to end a stalemate over China's biggest investment project in the island which his administration has suspended over allegations of wrongdoing.
U.S.-based property investment fund Aetos Capital Real Estate is preparing to sell Simplex Investment Advisors, a Japanese real estate asset management firm, seeking as much as 200 billion yen ($1.7 billion), people with knowledge of the deal said.
IBM Corp will share technology with Chinese firms and will actively help build China's industry, CEO Virginia Rometty said in Beijing as she set out a strategy for one of the foreign firms hardest hit by China's shifting technology policies.
U.S. private equity firm Bain Capital LLC plans to acquire Japan Wind Development Co Ltd through a tender offer in a deal worth up to 9.7 billion yen ($81 million), the Nikkei business daily reported on Monday.
China National Chemical Corp (ChemChina) is to buy Pirelli (PECI.MI), the world's fifth-largest tire maker, in a 7.1 billion euro ($7.7 billion) deal that will place one of the symbols of Italy's manufacturing industry in Chinese hands.
Uber Technologies Inc, the online ride-hailing company, has entered into a "strategic partnership" with India's Times Internet, as it looks to expand operations in its largest market outside the United States.
Subscribe to VCpost newsletter
- Australia kicks off $39 billion submarine tender
- Steve Jobs bio says Disney CEO kept Jobs' condition a secret: Bloomberg
- Mercedes to launch a pickup truck outside the United States
- IBM to share technology with China in strategy shift
- When it comes to e-cigs, Big Tobacco is concerned for your health
- President Xi says China should not focus on growth rate only
- Ford to triple exports from India with new $1 billion plant
- U.S. Treasury's Lew to press China on currency: officials