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Toyota shares rise on record profit report TOKYO: Shares in Japanese auto giant Toyota advanced in Tokyo morning trade on Friday following a report it is set to book a record operating profit in the six-month period to September.Toyota's shares rose 1.40 percent to 6,130.0 yen ($57) by the morning break in Tokyo.The world's biggest automaker was likely to see its operating profit rise four percent to about 1.3 trillion yen ($12 billion) between April and September, the leading Japanese business daily Nikkei reported.The story attributed the rise to brisk sales in North America and elsewhere, helped by a weaker yen which makes Japanese exporters more competitive overseas and inflates their repatriated profits.Toyota may revise up its net profit forecast for the full year to March, the Nikkei added.In August, the company said it was on course to deliver a net profit of 1.78 trillion yen in the current fiscal year.However, Toyota trimmed its calendar year global ...

Belgacom ups profit forecast after strong third quarter BRUSSELS: Belgian telecoms group Belgacom on Friday raised its 2014 profit forecast after a surprise increase in the third quarter due to improved mobile income and lower costs.The group repeated its 2014 outlook for revenues to fall between 1 and 2 percent but said its core profit (EBITDA) would be slightly higher than last year. It had previously guided for a decline of between 1 and 2 percent.The Belgian mobile phone market appears to be ...
Air Liquide keeps forecast for 2014 profit rise PARIS: French industrial gases group Air Liquide confirmed on Friday its expectation that net profit would rise this year, barring a downturn in market conditions, after third-quarter sales grew 4.3 percent like-for-like.Air Liquide provides industrial gases used in the food, auto, chemical, oil and gas, aerospace, and semiconductor sectors, as well as in engineering and construction. It also supplies medical gases that help patients breathe, relieve pain or are used in anaesthesia.Air Liquide said its ...
Hon Hai says reviewing investments after media reports on $5.7bn China plant TAIPEI: Hon Hai Precision Industry Co Ltd said Friday it was reviewing its investment plans after media reports said the major Apple Inc supplier may invest up to $5.7 billion in a factory to make smartphone displays in China.On Thursday, The Wall Street Journal reported that Hon Hai was in talks with the government of Zhengzhou, in Henan province, about investing as much as 35 billion yuan in a new factory that would make high-end ...
UCB revenue up 6pc in Jan-Sept, keeps outlook BRUSSELS: Belgian pharmaceutical company UCB reported a 6 percent rise in revenue in the first nine months of 2014 as improved sales of its leading three drugs easily made up for erosion of a former blockbuster and maintained its full-year outlook.The company, which makes drugs targeted at diseases of the immune and central nervous systems, said on Friday revenue in the Jan-Sept period increased to 2.65 billion euros.UCB repeated its expectation for 2014 revenue of ...
Audi recalling 850,000 A4 models over airbag problems BERLIN: Audi is recalling 850,000 A4 models worldwide due to airbag problems, with about half of the vehicles affected in the luxury carmaker's two biggest markets of China and Germany. Faulty software in A4 models delivered after 2012 could prevent front airbags from deploying, a spokesman at Audi's Ingolstadt-based headquarters said on Thursday. Audi said its faulty airbags are not made by Japan's Takata Corp, which is at the centre of a burgeoning number of ...
Deutsche Telekom seeks T-Mobile buyer again FRANKFURT: Deutsche Telekom has started looking for an alternative buyer for T-Mobile US after France's Iliad abandoned its efforts to buy the business earlier this month, a German magazine reported on Thursday. Monthly Manager Magazin cited people familiar with the company as saying Deutsche Telekom was looking at possible buyers who were not direct competitors to T-Mobile US, citing Mexico's America Movil as a possibility. Deutsche Telekom, which owns close to 67 percent of T-Mobile ...


Index Closing Chg%
Arrow DJIA 16,677.90 1.32
Arrow Nasdaq 4,452.79 1.60
Arrow S&P 1,950.82 1.23
Arrow FTSE 6,419.15 0.30
Arrow DAX 9,047.31 1.20
Arrow CAC-40 4,157.68 1.28
Arrow Nikkei 15,138.96 0.37
Arrow H.Seng 23,333.18 0.30
Arrow Sensex 26,851.05 0.24

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln