BusinessWeek.com -- Asia



Toyota Sales Soar Thanks to Bargain Seekers (Mar 10)
The beleaguered Japanese automaker's incentives are attracting American buyers, with sales for the beginning of March jumping 50%


Toyota Reviewing U.S. Report of Prius (Mar 10)
Toyota Motor Corp., struggling to regain a reputation for quality after unintended acceleration forced the recall of millions of vehicles, will investigate a report in California of a Prius hybrid that sped out of control.


China Property Price Jump Highlights Bubble Risk (Mar 10)
Residential and commercial real-estate prices in 70 cities climbed 10.7% last month, following a gain of 9.5% in January


India Looks to Australia for Coal (Mar 10)
Indian companies are stepping up efforts in Indonesia, too, with the aim of securing supplies to meet the country's power needs


With Output Lower, Coal India Plans Imports (Mar 10)
Coal India Ltd., the nation’s monopoly producer of the fuel, said output will be less than expected in 2011-2012, increasing the need for imports by the world’s second-fastest growing major economy.


Philippines Pares Bank Lending Program, Holds Rate (Update1) (Mar 11)
The Philippine central bank cut the amount of money available for loans to lenders through its so- called rediscounting facility to reduce cash in the economy, even as it kept interest rates at a record low.


Philippines Cuts Rediscounting Budget, Keeps Rate at Record Low (Mar 11)
The Philippine central bank cut the amount of money available for loans to lenders through its so- called rediscounting facility to reduce cash in the economy, even as it kept the benchmark interest rate at a record low.


Asian Stocks Rise on Outlook for Japanese Economy; BHP Declines (Mar 11)
Asian stocks rose, sending the MSCI Asia Pacific Index toward a seven-week high, as speculation Japan’s economy is recovering outweighed concern China will pare back measures that spurred growth.


Nomura Departures Rise as Former Lehman Bankers Leave (Update2) (Mar 11)
Nomura Holdings Inc.’s vice chairman of China investment banking and head of equity capital markets for Asia outside Japan left the Tokyo-based company, according to people with knowledge of the departures.


Software Industry Loses Patience with China (Mar 11)
The Business Software Alliance complains to Washington about Beijing's policies