BUSINESS: GOLDSEA

Subscribe Now to receive Goldsea updates!

Subscribe for updates on Goldsea: Asian American Daily

Subscribe Now

Business

Toyota Considers Recall of Corolla Power Steering

Toyota is considering a recall of its hot-selling Corolla subcompact ...

Eurozone Exports Shrank 18% in 2009

Eurozone exports fell 18 percent in 2009 as world trade ...

U.S. Economic Stress Peaked in December

Weakness in Western energy-producing states helped raise the average U.S. ...

U.S. Jobless, Greek Debt Crisis Shatter Stock Confidence

World stocks tumbled again Friday as investors worried that the ...

BMW Sales More Than Double in China

Automaker BMW AG, the world's biggest maker of luxury cars, ...

Toyota Chairman Apologizes for Brake Worries

Toyota's president apologized Friday for the massive global recalls over ...

Surprise Drop in Jobless Soothes Jumpy Markets

European stock markets and Wall Street futures pared losses Friday ...

Dollar Surges Against Euro on Greek Debt Crisis

The dollar surged Friday to its highest level against the ...

Indian Man Pleads Guilty to Stock Brokerage Hacking Scheme

An Indian man has pleaded guilty to participating in a ...

Australian Coal Miner Inks Record Export Deal with China

Australian company Resourcehouse Ltd. said Saturday that it has struck ...

PayPal Suspends Some Transactions in India

The online payments service PayPal has taken the unusual step ...

Boeing 747-8 Freighter Set for Monday Test Flight

Boeing Co.'s giant 747-8 freighter should make its first flight ...

Toyota Expected to Announce Prius Recall

Toyota said Sunday that it will soon announce plans to ...

Toyota May Benefit from Powerful Friends in D.C.

Toyota has friends in high places in Washington, including some ...

Power Struggle Scuttles Suntory-Kirin Merger

A clash over control has scuttled plans for Japanese beermaker ...

European Stocks Rise Past Debt Fears on Bargain-Hunting

European markets rebounded Monday as investors looked past a slump ...

Delta Q4 Loss Shrinks to $25 Mil.

Delta Air Lines posted a $25 million net loss for ...

Asian Stocks Fall on Europe Debt Fears

Asian stock markets extended their slide Monday, after Wall Street ...

Toyota Plans to Recall 300,000 Priuses

Toyota plans to recall about 300,000 Prius hybrids worldwide over ...

Dow Closes Below 10,000 for First Time in 3 Months

The Dow Jones industrial average closed below 10,000 for the ...

Apple Wins Smart Phone Sales at Blackberry's Expense

Apple Inc.'s iPhone gained a percentage point of U.S. smart ...

Nissan Returned to Profit in Q4

Japanese carmaker Nissan Motor Co. said Tuesday it booked a ...

HK Animation Studio Behind TMNT, Astroboy Shuts Down

The Hong Kong studio behind "TMNT" and "Astro Boy" has ...

German Exports Fell Most in 60 Years

German exports tumbled by nearly one-fifth last year, the biggest ...

JAL Rebuffs Delta, Sticks with American

Japan Airlines, wooed for months by Delta Air Lines with ...

Toyota Recalls 437,000 Hybrids for Brake Fix

Toyota says it is recalling about 437,000 Prius and other ...

Baidu Posts 48% Profit Jump on Booming Growth

Chinese Internet search company Baidu Inc. on Tuesday said its ...

Honda Adds 437,000 Cars to Global Airbag Recall

Honda Motor Co. is adding 437,000 vehicles to its 15-month ...

China Imports Skyrocket As Trade Enters Full Recovery

China's export growth accelerated in January and imports rose, adding ...

American, Partners Sweeten JAL Support Offer

American Airlines escalated the bidding war for Japan Airlines to ...

Google to Settle with China Authors for Pirate Scans

Google Inc. wants to apologize for its poor communication with ...

Carmakers Ditch Bunker Mentality for Detroit Show

Electric, hybrid and small cars will grab center stage at ...

Phone TV, Wireless Charging Among Hits at Electronics Show

At the International Consumer Electronics Show last week, 3-D television, ...

China Export Growth Boosts Global Stocks

World stock markets rose strongly Monday after a surprisingly strong ...

JAL Rejects U.S. Cash Bids, to Cut Third of Workforce

Troubled Japan Airlines Corp. is set to cut about 15,600 ...

Ford Wins Both Car & Truck of the Year Awards

Ford Motor Co.'s market momentum got a lift Monday by ...

Alcoa Revenues Slid in Q4 Despite Smaller Loss

Alcoa Reporting a smaller net loss for the fourth quarter ...

Obama Considers Levy on Banks

President Barack Obama is weighing a levy on Washington-rescued banks ...

Walmart Pulls China-Made Jewelry Cited in News

Federal and state watchdogs have issued stern warnings on the ...

Toyota Plans Tiny Prius, Plug-Ins, Fuel-Cell Cars

Toyota unveiled a new hybrid concept car that is smaller ...

Honda CR-Z Adds Sexy Lines, Zip to Hybrid Segment

Honda Motor Co. showed off the production model of the ...

Kodak to Get Royalties from Samsung in Licensing Pact

Eastman Kodak Co. said Monday it will draw royalties from ...

China's Shanda Games to Buy U.S.'s Mochi Media

Shanda Games Ltd., a Chinese online gaming company, said Tuesday ...

JAL to Decline Tieup Offers by Delta, American

Troubled Japan Airlines Corp. and the state-backed corporate turnaround body ...

China Takes Steps to Curb Lending, Prevent Bubble

China took new steps Tuesday to control bank lending, ordering ...

China's BYD Unveils Practical Plug-In Crossover

The Chinese automaker BYD Co. that plans to sell an ...

Google Defies China After Dissident Email Breached

Google Inc. will stop censoring its search results in China ...

Asian Cars to Face Stiffer U.S. Competition in 2010

Asian automakers grabbed their biggest chunk ever of the U.S. ...

China Seeks to Cool Growth on Rising Bubble Fears

China's lavish bank lending spurred a recovery but also pumped ...

JAL Shares Plunge to 7 Yen on Bankruptcy Fears

Shares in troubled Japan Airlines Corp. plunged to just 7 ...