Toyota may build another factory in Mexico to produce small cars as the world’s largest automaker shifts more capacity outside Japan to remain competitive. The yen’s strength on world markets is said to be prompting the move.
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To hear the pundits tell it, Greece’s debt woes signaled the end of the euro, or worse. Yet, the country’s rebound grabs few headlines. This pattern is getting repeated over and over, much to investors’ detriment.
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The Organization of the Petroleum Exporting Countries will leave oil output unchanged, a delegate at the group’s current meeting told Reuters. Oil ministers apparently are not worried the weak dollar will drive up the price of …
Gold prices struck another record closing price today, settling at $1,370.50 an ounce on the Comex, as investors continued to look for safe investments in the wake of currency volatility. Gold reached its 16th record high in fi…
The euro has posted its biggest quarterly gain in eight years, but billionaire investment guru Warren Buffett is worried about Europe’s common currency. Despite the E.U.’s trillion-dollar bailout fund, he’s not sure the Contine…