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Software exporters suffer from yen depreciation

The Japanese yen depreciation by 20 percent against the US dollar has made Vietnamese software firms lose big money.

 

Toyota sells 9.98 mn vehicles in 2013, keeps world's No. 1 title

Toyota said Thursday it outpaced rivals General Motors and Volkswagen last year to keep the title of world's biggest automaker with sales of 9.98 million vehicles.

   

Samsung posts steep drop in Q4 operating profit

South Korea's Samsung posted Friday an 18 percent drop in operating profit in the fourth quarter as slowing sales of high-end smartphones hit the electronics giant.

   

Microsoft tops expectations with record revenue

Microsoft soared to record revenues in the last quarter the company said Thursday, confounding Wall Street forecasts on the back of strong demand for Xbox consoles, Surface tablets and Inter [ … ]

   

Toyota may rethink Thai investment plans if crisis lingers

Toyota Motor Corp may reconsider investing up to 20 billion baht ($609 million) in Thailand, and could even cut production, if political unrest drags on, the head of the Japanese automaker's [ … ]

   

Dollar dips vs euro, yen after tame US inflation data

The dollar slipped against the euro and the yen Thursday after fresh data showed US consumer price inflation remained tame in December, holding below the Federal Reserve's target level.

   

U.S. economy continues to expand: Fed's report

U.S. economic activity continued to expand across most regions and sectors from late November through the end of December, driven by consumer spending and industrial production, a Fed report [ … ]

   

OPEC weekly crude basket price drops for second week

The weekly Reference Basket Price of the Organization of Petroleum Exporting Countries (OPEC) crude stood at 104.40 U.S. dollars per barrel last week, a sharp drop from 107.12 dollars the pr [ … ]

   

Historic US gold coin fetches $4.6 million at auction

Two antique American gold coins sold for more than $7.8 million when they went under the hammer in Florida, auction organizers confirmed Friday.

   

Indonesia bans mineral ore exports; major miners like Freeport exempt

Indonesia, one of the world's biggest resource exporters, halted all mineral ore exports on Sunday in a bid to promote domestic processing, but the country's president passed a last-minute r [ … ]

   

Euro pushes higher despite ECB deflation concerns

The euro pushed higher against the dollar late Thursday, reversing earlier losses that came after the European Central Bank pledged action to ward off deflation or a credit crunch.

   

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