japanese

Toyota said it was canceling weekend production and overtime in North America because the difficulty in shipping parts from damaged Japanese ports is leading to a parts shortage in that region.

Toyota Motor Co (NYSE:TM) has extended its Japanese shutdown of vehicle production until at least March 22nd, but will resume production of replacement parts for vehicles already on the market beginning tomorrow.

Many of the losses were due to a rapid sell-off that occurred right as Naoto Kan warned about the radiation risks following the crisis at the Fukushima Daiichi power plant.

The Washington Post is reporting that Japan's Nikkei 225 recorded one of its largest-ever drops, closing at 8605.15 — down 10.55 percent. Coupled with Monday’s 6.2 percent drop, the index has plummeted nearly 17 points in the

Toyota's new AA- rating is still higher than its auto industry peers.

The Japanese car-maker is trading down 1.4% at $90.92 per share.

Standard & Poor's cut its rating of Toyota Motor Corp (NYSE:TM) from AA to AA- Friday, "Because the company's profitability is still weak, its pace of recovery is slower than those of Japanese peers, and its profitability migh

China's Shanghai Composite rose 0.4% and Hong Kong's Hang Seng Index rose 1% and . In Tokyo, the Nikkei Stock Average dropped 0.3% though the broader Topix edged up 0.1% as trading resumed after Monday's closure for a holiday. Amo

Most major Asian markets gained Tuesday, getting a boost from energy shares on back of higher crude prices and as investors scooped up discounted Chinese property stocks.