The Tokyo Stock Exchange rose despite Honda
With the exception of India (-0.05%) and Hong Kong (-0.04%) which recorded small declines, most other Asian stock exchanges have improved the bar on Wednesday, Tokyo head although it remains below the 10,000 points for the third straight session, the Nikkei 225 gained 0.52% to 9984 points.
Taiwan rose 1.10% to 7441 points, Seoul ahead of 0.04% to 3323 points, won 0.18% Sydney at 4513 points.
In contrast, Singapore lost 0.41% to 2733 points and Indonesia 0.21% to 2484 points.
The price of crude falling back slightly Wednesday in electronic trading in Asia after rebounding the previous day in New York where he won nearly two dollars, dealers said.In morning trading, a barrel of light sweet crude for March delivery retreated 48 cents to 73.27 dollars, while that of Brent North Sea due to identical, yielding 46 cents to 71.67 dollars .
Car Recalls: Honda after Toyota
After Toyota, Honda. The Japanese automaker (-1.31% to 3020 yen) chaired by Takanobu Ito said Tuesday it was recalling a total of 437,763 vehicles worldwide, mostly in North America because of airbags might of exploding and sending fragments of metal. In the U.S., the figure rises to 378,758 in the United States, 41,685 in Canada, 4042 in Japan and the rest in other parts of the world.
The massive recall by Honda comes as the first Japanese automaker Toyota (+0.59% to 3400 yen) announced the recall of more than 400,000 hybrid vehicles worldwide.
The automiobile Japanese manufacturer, Nissan (2.46%) achieved a net profit in nine months increased 25% to 54 billion yen (410 million euros) and plans to make a profit in 2009-2010 of 35 billion yen (282 million euros), against an expected loss of 40 billion yen (322 million euros).
The manufacturer of aircraft seats Japanese Koito Industries (0.62%) agreed Tuesday to have falsified the results of security checks on 150,000 seats fitted thirty-two airlines in the world. Koito Industries is a subsidiary of Koito Manufacturing, a provider affiliated with Toyota.