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Japanese industrial production has biggest monthly fall in November Japan’s contracting economy got a slew of bad news Friday with November figures showing industrial production plunged by its biggest margin since records were started in , the jobless rate jumped and household spending fell. Toyota unit seeks public funds TOKYO – Crisis-hit Japanese auto giant Toyota Motor has asked for a government loan to help its financial unit ride out the credit crunch, an official said yesterday. Growth declines sharply ANKARA – Turkey’s economic growth hits a six year low in the third quarter, with a gross domestic product expansion of 0. Eastern European economies are also battered, official figures show The report came a day after Toyota forecasted a first-ever annual operating loss.

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Growth declines sharply ANKARA – Turkey’s economic growth hits a six year low in the third quarter, with a gross domestic product expansion of 0.

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As unemployment rises and companies slash output, outlooks support the view that Japan is headed towards deflation. As European exports are curbed and domestic demand wanes, companies are forced to cut jobs. Nissan Motor Co, Japan’s third biggest automaker, said on Monday that it would slash production in the year to March by 20 percent, and the group-wide headcount by 20, workers by the end of March The country may enter a painful recession and economic growth probably will not recover until the third quarter of next year, claims an economist at JPMorgan Chase Japan’s contracting economy got a slew of bad news Friday with November figures showing industrial production plunged by its biggest margin since records were started inthe jobless rate jumped and household spending fell.

Toyotasa, the Turkish subsidiary of the world’s largest car maker Toyota, has suspended production at its plant in the northwestern province of Kocaeli until Jan. Toyota Motor Corp is to promote Akio Toyoda, a founding family scion and executive vice president, to president in April, Japanese daily Asahi reported on Tuesday. Japan may shrink February figures show the number of people receiving unemployment benefits rose more thanto 1.

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ANKARA – Turkish industrial production declined the most in seven years in November as the global credit crisis reduced demand at home and abroad for Turkish-made goods such as cars and washing machines.

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GMis seeking new federal loans. TOKYO – Four Japanese companies post huge losses for the yeardisplaying the destructive effect of diminishing exports and a strengthening currency.

Toyota unit seeks public funds TOKYO – Crisis-hit Japanese auto giant Toyota Motor has asked for a government loan to help its financial unit ride out the credit crunch, an official said yesterday. Toyota to cut production by 20 pct TOKYO – The world’s biggest automaker Direkdiyon Motor will cut production by 20 percent this year as it tries to cope with falling worldwide demand, a report said yesterday.

Car sales in Turkey slumped Toyota posts first annual loss TOKYO – Japan’s Toyota Motor, the world’s largest vehicle manufacturer, announced Friday its first annual loss and warned it would plunge deeper into the red this year because direkiyon the global economic downturn.

Automotiv sales in Turkey tumble TOKYO – Toyota Motor yesterday named Akio Toyoda as its new president, turning to the grandson of its founder to rescue the company from its biggest ever crisis.

Banking giants in Europe and the United States faced fresh questions about their ability to ride out a global financial crisis which prompted European Central Bank interest rate cut on Thursday Direksiyom exports fall by half in February TOKYO – Japan’s exports fell by nearly half in February from a year earlier – a record drop – the government said yesterday. Fiat takes Chrysler’s 35 percent stake Italy’s Fiat took a 35 percent stake in Chrysler, launching a venture designed to secure the beleaguered U.

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DETROIT – Toyota Motor said Saturday it plans to launch an electric car in the United States by direksyon boost its gas-electric hybrid rireksiyon to as many as ten models in the early years of the next decade. Eastern European economies are also battered, official figures show. Global banking crisis deepens, ECB cuts interest cireksiyon Banking giants in Europe and the United States faced fresh questions about their ability to ride out a global financial crisis which prompted European Central Bank interest rate cut on Thursday Fitch lowers Toyota rating TOKYO – Fitch Ratings cut Toyota’s top-notch credit rating yesterday, blaming the world auto market slump and surging yen – the latest sign that even Japan’s top automaker is suffering from the global slowdown.

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Worst industrial output fall in years ANKARA – Turkish industrial production declined the most in seven years asah November as the global credit crisis reduced demand ddireksiyon home and abroad for Turkish-made goods such as cars and washing machines.

Industrial output expected to plummet ANKARA – Turkish industrial output continues to decline as demand wanes in key export markets, according to a Bloomberg survey. ANKARA – Turkey’s aasahi growth hits a six year low in the third quarter, with a gross domestic product expansion of 0. Output may de-crease Eastern European economies are also battered, official figures show Japan posts record trade deficit, exports fall 46 pct TOKYO – Japan posted a record trade deficit in January, with exports tumbling 46 percent from a year earlier, as the global economic downturn tightened its stranglehold on overseas demand.

Toyota to change president after first-ever annual loss- Japan daily Toyota Motor Corp is to promote Akio Toyoda, a founding family scion and executive vice president, to president in April, Japanese daily Asahi reported on Tuesday. Japanese industrial production has biggest monthly fall in November Japan’s contracting economy got a slew of bad news Friday with November figures showing industrial production plunged by its biggest margin since records were started inthe jobless rate jumped and household spending fell.

TOKYO – Hundreds of workers rallied in Tokyo yesterday to protest massive job cuts, accusing the country’s biggest companies of sacrificing jobs to protect profits. Toyotasa, the Turkish subsidiary of the world’s largest car maker Toyota, forecasts a percent contraction in Turkey’s automobile sector in under the current conditions, the company said in a statement issued on Sunday.