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The US Wouldn't Fudge Economic Data, Would It?

It has become fashionable to question the integrity of China's economic data, but what about data in the US?

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Toyota admits that Lexus engine glitch was detected as early as two years ago

A Toyota Motor Corp official admitted on Tuesday that the car company was well aware of the Lexus’ engine problem some two years earlier but instead of issuing a recall, it merely ordered the replacement of the spring part to correct what the company assumed then as an isolated manufacturing issue.

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Soaring interest rates puncture construction demand

The decline in construction demand could be a reflection of the delayed impact of the withdrawal of the extra first home owners grant and the cumulative impact of the run of interest rate increases from last October, according to AI Group director public policy Peter Burn.

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Sigma shares climb after Aspen bid

Shares in Sigma Pharmaceuticals have surged more than 15 per cent after receiving a formal takeover proposal from South Africa's Aspen Pharmacare Holdings group of companies. At 55 cents per Sigma share, the offer values the drugs maker and distributor at $648 million.

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Resource Sector Valuations Under The New Tax Proposal

Analysts compare the impact of the new MRRT and PRRT tax proposals to the previous RSPT proposal.

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Volkswagen’s North American expansion gets underway

In accordance with its expansion plans in the region, Volkswagen said on Tuesday that it is looking to establish a new motor plant in North America where the company plans to invest up to $US1 billion which should commence by 2013.

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Floods leave 50 people dead in Assam and Kerala, relief camps accommodate the people.

Floods triggered by heavy monsoon rains have killed more than 50 people and displaced almost half a million more in India's south and northeast, say government officials.

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Victoria houses broadband agreement

Victoria will host the collaboration between Huawei, the Chinese networking and telecommunications vendor, and RMIT University in training about 500 Australians in networking technologies over the next three years.

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Dhoni turns 29 today

India's cricket captain Mahendra Singh Dhoni turned 29 today, three days after his wedding with his childhood sweetheart Sakshi Singh Rawat.

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Swedish princess files prenup

Sweden's Crown Princess Victoria and her new husband, commoner Daniel Westling have entered a prenuptial agreement that will leave him without a claim to her inheritance or income should they divorce.

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