Asian Markets Slide After Chinese Interest Rate Hike

Chinese investors returning from the New Year holiday were greeted by a 25 basis point hike in interest rates. The Shanghai Composite Index lost 0.9%, in Hong Kong the Hang Seng Index fell 1.4%, and in Japan the Nikkei 225 Inde…

Beyond Recalls: A Year Later, Toyota’s Woes Continue

Last year’s massive recalls — and the resulting legal fallout — have given Toyota’s reputation a beating, cutting into its sales. But the company can’t blame all of its problems on the recalls. Analysts also point to another …