Fri01202017

LAST_UPDATEFri, 20 Jan 2017 10pm

Toyota Recalls 340,000 Priuses Globally To Fix Parking Brake Issue

A woman is reflected on a screen showing Toyota Motor Corp's Prius hybrid car at the company's showroom in Tokyo, Japan June 14, 2016. REUTERS/Toru Hanai/File Photo

Toyota Motor Corp (7203.T) said on Wednesday it was recalling around 340,000 of its latest Prius gasoline hybrid model in Japan and overseas to fix a parking brake issue.

Read more: Toyota Recalls 340,000 Priuses Globally To Fix Parking Brake Issue

Bank Of Japan Policymakers Signal Higher Threshold For Further Easing

A man rides a bicycle past the Bank of Japan (BOJ) building in Tokyo March 18, 2009. REUTERS/Yuriko Nakao/File Photo

Bank of Japan policymakers kept to their pledge to expand stimulus but only to protect the economy from external shocks, signaling that the threshold for further easing has been raised after last month's policy revamp.

Read more: Bank Of Japan Policymakers Signal Higher Threshold For Further Easing

PMCC Wants More Funds To Be Allocated To Entrepreneurs

GEORGE TOWN: The Penang Malay Chamber of Commerce (PMCC) is hoping for additional funds to be allocated to entrepreneurs when the national budget for 2017 is announced this month.

Read more: PMCC Wants More Funds To Be Allocated To Entrepreneurs

China Adds Fuel To Speed Up 'Railway Express' To Europe

Workers of the China Railway Express wait at a railway platform in Jiujiang, Jiangxi province, China, June 29, 2010. REUTERS/Stringer

China's state planner has drawn up a five-year plan to develop the China Railway Express to Europe, improving customs clearance and infrastructure, it said on Wednesday.

Read more: China Adds Fuel To Speed Up 'Railway Express' To Europe

Toyota, Suzuki Say Exploring Possible Partnership

The logo of Japanese car manufacturer Toyota is displayed behind members of the media at the Paris auto show, in Paris, France, September 29, 2016. REUTERS/Benoit Tessier

Toyota Motor Corp (7203.T) and Suzuki Motor Corp (7269.T) on Wednesday announced plans to explore a business partnership, citing the need for increased industry cooperation on future technologies.

Read more: Toyota, Suzuki Say Exploring Possible Partnership

Investors Demand Answers, New Phone From Samsung After Note 7 Fire Fiasco

Pic: ReutersSEOUL: Samsung Electronics Co Ltd needs to quickly find the cause of the fires that led to it pulling its Galaxy Note 7 smartphones and get a new model to market, investors said on Wednesday, as shares in the company slipped to a one-month low.

Read more: Investors Demand Answers, New Phone From Samsung After Note 7 Fire Fiasco

Top Bankers Warn Of Risk Of 2017 Exodus From Britain

FILE PHOTO -- A view of the Morgan Stanley London headquarters at Canary Wharf financial centre in London, Britain June 24, 2016. REUTERS/Russell Boyce/File Photo

Top bankers warned on Tuesday they could start moving staff abroad as early as next year if there is no clarity on whether Britain will retain access to the European single market when it leaves the EU.

Read more: Top Bankers Warn Of Risk Of 2017 Exodus From Britain

Asian Markets Retreat On Prospects Of US Rate Hike

The regional retreat follows sharp falls on Wall Street, where investors were spooked by below-forecast earnings from aluminium-maker Alcoa that raised concerns about the state of corporate America going into the reporting season.HONG KONG: Asian markets retreated Wednesday as investors contemplated the effects of an expected US interest rate hike this year, while the pound staged a mild recovery after suffering a series of losses on worries about Britain’s EU exit.

Read more: Asian Markets Retreat On Prospects Of US Rate Hike

Malaysia Aug Factory Output Picks Up 4.9 Pct Y/Y, But Misses Forecast

Factory output rose at a faster pace than the 4.1 percent growth in July, but was below economists' expectations of a 5.4 percent rise.Malaysia’s August industrial production rose 4.9 percent from a year earlier, helped by growth in the electricity, manufacturing and mining sectors, government data showed on Wednesday.

Read more: Malaysia Aug Factory Output Picks Up 4.9 Pct Y/Y, But Misses Forecast

The Pound’s Fall And Why It Matters

Pic: BBC

Have you seen the new pound coin? It's a 50p piece.

Read more: The Pound’s Fall And Why It Matters