A proposed bailout of U. Japan posts record trade deficit, exports fall 46 pct TOKYO – Japan posted a record trade deficit in January, with exports tumbling 46 percent from a year earlier, as the global economic downturn tightened its stranglehold on overseas demand. Japanese industrial production has biggest monthly fall in November Japan’s contracting economy got a slew of bad news Friday with November figures showing industrial production plunged by its biggest margin since records were started in , the jobless rate jumped and household spending fell. Banking giants in Europe and the United States faced fresh questions about their ability to ride out a global financial crisis which prompted European Central Bank interest rate cut on Thursday The figures will be announced Thursday 5. The country may enter a painful recession and economic growth probably will not recover until the third quarter of next year, claims an economist at JPMorgan Chase The figures will be announced Thursday.

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Japanese companies suffer a black Tuesday TOKYO – Four Japanese companies post huge losses for the yeardisplaying the destructive effect of diminishing exports and a strengthening currency.

Fiat takes Chrysler’s 35 percent stake Italy’s Fiat took a 35 percent stake in Chrysler, launching a venture designed to secure the beleaguered U. Automotiv sales in Turkey tumble Carmakers set to steer off sponsorship SINGAPORE – Carmakers are the driving force behind some of the world’s most lucrative golf tournaments but nose-diving demand and anemic earnings amid the global financial crisis has put the brakes on sponsorship spending. Japan posts record trade deficit, exports fall 46 pct TOKYO – Japan posted a record trade deficit in January, with exports tumbling 46 percent from a year earlier, as the global economic downturn tightened its stranglehold on overseas demand.

Growth declines sharply ANKARA – Turkey’s economic growth hits a six year low in the third quarter, with a gross domestic product expansion of 0. Toyota posts first annual loss TOKYO – Japan’s Direksyon Motor, the world’s largest vehicle manufacturer, announced Friday its first annual loss and warned it would plunge deeper into the red this year because of the global economic downturn.

Fitch lowers Toyota rating TOKYO – Fitch Ratings cut Toyota’s top-notch credit rating yesterday, blaming the world auto market slump and surging yen – the latest sign that even Japan’s top automaker is suffering from the global asxhi. Grim corporate figures underline global turmoil TOKYO – Grim data from the world’s biggest firms and thousands of job losses underscored Friday the urgency driving debate over Washington’s massive economic stimulus dlreksiyon.

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As European exports are curbed and domestic demand wanes, companies are forced to cut jobs.

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SINGAPORE – Carmakers are the driving force behind some of the world’s most lucrative golf tournaments but nose-diving demand and anemic earnings amid the global financial crisis has put the brakes on sponsorship spending. ANKARA – Turkish industrial production declined the most in seven years in November as the global credit crisis reduced demand at home and abroad for Turkish-made goods such as cars and washing machines.

Japanese industrial production has biggest monthly fall in November Japan’s contracting economy got a slew of bad news Friday with November figures showing industrial production plunged by its biggest margin since records were started inthe jobless rate jumped and household spending fell.

A proposed bailout of U. TOKYO – Japan’s exports fell direksuyon nearly half in February from a year earlier – a record drop – the government said yesterday.

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The country may enter a painful recession and economic growth probably will not recover until the third quarter of next year, claims an economist at JPMorgan Chase Turkey’s Toyota forecasts up to 20 pct sector contraction in Toyotasa, the Turkish subsidiary of the world’s largest diresiyon maker Toyota, forecasts a percent contraction in Turkey’s automobile sector in under the current conditions, the company said in a statement issued on Sunday.

Eastern European economies are also battered, official figures show. Japan may shrink GMis seeking new federal loans. Global banking crisis deepens, ECB cuts interest rates Banking giants in Europe and the United States faced fresh questions about their ability to ride out a global financial crisis which prompted European Central Bank interest rate cut on Thursday TOKYO – Fitch Ratings cut Toyota’s top-notch credit rating yesterday, blaming the world auto market slump and surging yen – the latest sign that even Japan’s top automaker is suffering from the global slowdown.

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Worst industrial output fall xsahi years ANKARA – Turkish industrial production declined the most in seven years in November as the global direksioyn crisis reduced demand at asaji and abroad for Turkish-made goods such as cars and washing machines.

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February figures show the number of people receiving unemployment benefits rose more thanto 1. The deepening recession and shrinking consumer demand is hitting companies worldwide, as firms from Germany to China are laying off thousands due to diminishing exports.

TOKYO – Crisis-hit Japanese auto giant Toyota Motor has asked for a government loan to help its financial unit ride out the credit crunch, an official said yesterday.

TOKYO – Japan’s Toyota Motor, the world’s largest vehicle manufacturer, announced Friday its first annual loss and warned it would plunge deeper into the red this year because of the global economic downturn. TOKYO – Japan posted a record trade deficit in January, with exports tumbling 46 percent from a year earlier, as the global economic downturn tightened its stranglehold on overseas demand. The report came a day after Toyota forecasted a first-ever annual operating loss.

The figures will be announced Thursday.

DETROIT – Toyota Motor said Saturday it plans to launch an electric car in the United States by and boost its gas-electric hybrid offerings to as many as ten models in the early years of the next decade. Toyota Motor Corp is to promote Akio Toyoda, a founding family scion and executive vice president, to president in April, Japanese daily Asahi reported on Tuesday.

ANKARA – Turkey’s economic growth hits a six year low in the third quarter, with a gross domestic product expansion of 0. Output may de-crease As Wagoner agrees to leave the seat, chief operating officer Fritz Henderson will replace him.

Banking giants in Europe and the United States faced fresh questions about their ability to ride out a global financial crisis which prompted European Central Bank interest rate cut on Thursday