The yen may rise toward a postwar record of 75 versus the dollar if the Federal Reserve goes ahead with easing policies that will further debase the greenback, according to Fukoku Capital Management Inc.
Carlos Ghosn laid a $5 billion bet in 2009 that the world’s next Ford Model T would be electric, and that Nissan Motor Co. would lead a revolution embraced by nations such as Denmark. Three years later, sales of Leaf plug- in vehicles in the Nordic country: 73.
Two weeks after Japan’s March 11 earthquake knocked out more than 650 of Toyota Motor Corp.’s suppliers, halting worldwide production, the automaker had to decide where to focus its resources. It picked the Prius.
Japanese corporate funding costs may decline after Prime Minister Yukio Hatoyama’s resignation as investors gain confidence his successor will improve the economy, according to Fukoku Capital Management Inc.
Sony Corp. President Kazuo Hirai is relying on selling real estate to make the company’s first profit in five years as he struggles to find products able to compete with Apple Inc. and Samsung Electronics Co. devices.
Tokyo Electric Power Co .’s choice of a 36-year company veteran to resolve the worst nuclear crisis since Chernobyl and avert bankruptcy prompted calls for the government to take a more direct role in managing the utility.