Models pose next to a new car in Hwaseong, South Korea. Associated Press
Toyota Motor Corporation lowered its annual operating profit forecast while Honda Motor turned in a double-digit decline in quarterly earnings as a resurgent yen hurt two of Japan’s biggest automakers.
Japan and South Korea ratcheted up tension on Tuesday in a diplomatic dispute that threatens to disrupt global supply of smartphones and chips, with Seoul denouncing Japanese media reports
Two top Japanese automakers said they planned to tighten their belts in the years ahead to free up cash to develop electric cars and ride-sharing services, underscoring the hard task ahead as traditional automakers face a rapidly changing industry. Toyota Motor Corporation, the country’s top automaker,
Lee Kun-hee, South Korea’s richest person and chairman of Samsung Electronics Co, died on Sunday, leaving behind considerable assets subject to be potentially inherited by his surviving family as well as inheritance tax.
Commercial Bank of Dubai, one of the leading financial institutions in the UAE, entered into a partnership with Al Fardan Exchange, the leading exchange house in the UAE, to be a channel partner for issuing and topping-up
Dr. Thani Bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade - following his appointment as new Deputy Chairman of the Board of Directors of Etihad Credit Insurance (ECI) - visited ECI’s branch in Dubai.