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Earthquake in Indonesia

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Get updates on Earthquake in Indonesia
At cautious Toyota, low risk rules even as profit booms

Toyota Motor Corp <7203.T> refuses to be tempted away from its low-risk growth strategy, even as the world's bestselling carmaker is likely to show that it met its mid-term profit goals in the year ended March, aided by the weaker yen.Toyota is expected to post on Wednesday an annual operating profit of 1.26 trillion yen ($12.69 billion) according to Thomson Reuters StarMine's SmartEstimates, with an operating margin of about 5.6 percent. SmartEstimates place emphasis on timely forecasts by top-rated analysts.That would mean the company has achieved the target President Akio Toyoda set two years ago: to make 1 trillion yen in annual operating profit, and do so with a 5 percent margin. Its Japanese manufacturing arm is also likely to post a profit for the first time in five years.For Toyoda, mindful of lessons learned from huge losses run up in 2008 after a period of boom and rapid expansion, high profits are no reason to launch into a building program - even as some rivals do exactly t...

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  1. Indian Ocean-Wide Tsunami Watch Issued After Big Quake

    U.S. monitors issued an Indian Ocean-wide tsunami watch following a massive earthquake off the coast of Sumatra Wednesday but said it was not yet certain a giant wav...

  2. Toyota withdraws outlook on Thai floods, quake, yen

    By Chang-Ran Kim, Asia Autos CorrespondentToyota Motor Corp <7203.T> withdrew its annual profit guidance on Tuesday as Thai floods threaten output just as it had rec...

  3. Japan Inc. struggles with yen rise, Thai floods

    By Isabel ReynoldsJapan's biggest corporations are facing an ever tougher fight to keep up with their nimble Asian rivals as the soaring yen and Thai flooding hit ma...

  4. Reactors Function Perfectly During Quake

    Greenpeace Co-Founder Patrick Moore discusses the impact of the 5.8-magnitude earthquake on nuclear power plants on the East Coast.

  5. Asian credit seen sound, despite U.S. and Europe woes: S&P

    By Kevin Lim and Saeed AzharSINGAPORE (Reuters) - The credit ratings of most Asian nations remain sound despite the debt problems in Europe and the United States, wi...

  6. Take-Two Interactive Reports Smaller-Than-Expected Loss

    FBN’s Sandra Smith breaks down the videogame maker’s fourth-quarter earnings results.

  7. Report: Japan Engineers Knew of Tsunami Risk

    Over the past two weeks, Japanese government officials and Tokyo Electric Power executives have repeatedly described the deadly combination of the most powerful quak...

  8. Ford wants to raise its game in ASEAN

    By Ploy Ten KateBANGKOK (Reuters) - Ford Motor Co <F.N> said on Wednesday it planned to introduce eight new vehicles into Southeast Asia over the next five years as ...

  9. Japanese Stocks Plunge as Nuclear Crisis Intensifies

    Shares and other risky assets from the Australian dollar to commodities such as copper and oil slumped on Tuesday while safe-haven assets like U.S. Treasuries rallie...

  10. Japan's Impact on Insurers

    FBN's Liz MacDonald breaks down the earthquake ’s impact on the insurance industry.

  11. Japan's shipping, steel, energy start trudge back from

    By Clarence FernandezSINGAPORE (Reuters) - Japan's metals and energy sectors were grappling on Monday with power outages and raging fires unleashed by last week's de...

  12. Commodities, energy markets grapple with shutdowns after Japan quake

    (Refiles to additional subscribers)* About 20% of Japan's total refining capacity shut (Adds details, analyst comments)By Randy Fabi and Francis KanSINGAPORE, March ...

  1. Scramble to Reach Tsunami-Hit Villages in Solomons

    HONIARA, Solomon Islands (AFP)--Disaster relief agencies were scrambling Thursday to reach tsunami-hit villages in the Solomon Islands, warning the death toll follow...

  2. Massive Quake Strikes Philippines Region

    An earthquake of 7.6 magnitude struck off the Philippines on Friday destroying roads and bridges and sending people fleeing to higher ground in fear of a tsunami.The...

  3. China Issues Fresh Warning Against Internet Rumors

    Chinese officials Thursday issued a fresh warning against Internet rumors, calling on companies in the sector to remain vigilant in policing content on their website...

  4. Alcoa Helps Futures Move Into Positive Territory

    FBN’s Diane Macedo breaks down the stories moving the markets ahead of the trading day.

  5. India Temporarily Shuts Port On Tsunami Warning; Software Firms Evacuate Staff

    India continued to run a nuclear power station but temporarily closed an east-coast port after authorities issued tsunami warnings Wednesday following an 8.6 magnitu...

  6. Magnitude 8.6 Earthquake Strikes Indonesia

    FBN’s Diane Macedo breaks down the stories moving the markets around the world.

  7. Strong Quake Strikes Off Coast of Indonesia

    An 8.6 magnitude earthquake struck off Indonesia on Wednesday, sending residents around the region scurrying from buildings and raising fears of a huge tsunami as in...

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