China Financial Daily

April 24, 2009

9000 managers of Toyota will be cut 60% in summer bonus

Filed under: Financial News — Tags: — Nancy @ 9:15 am -0700

9000 managers of Toyota will be cut 60% in summer bonus
Xinhua from Tokyo on April 24th, according to “Japanese Economic News”, in order to reduce expenses, Toyota Motor Corporation made a decision to reduce the bonuses in summer of 2009 of management staff above the section chief level. Compared with last year, this year the level of bonuses will be reduced by 60%. This decision will involve about 9,000 people. The bonuses of management in Toyota were related with performance in fiscal year, as two sbu-issuances of winter and summer.

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Major stock markets in the Asia-Pacific region mixed

Filed under: Financial News — Tags: — Nancy @ 9:09 am -0700

Major stock markets in the Asia-Pacific region mixed
Xinhua from Beijing on April 24th, due to the different factors, on 24th in Asia-Pacific region, major stock markets mixed. On that day in the stock market of Tokyo average price index of 225 kinds of stock fell 139.02 points to close at 8707.99 points, by 1.57 percent. In Seoul, Korea Stock Exchange in composite index fell 14.70 points to close at 1354.10 points, by 1.07 percent. Sydney, Australia, the main stock market in index fell 30.7 points to close at 3712.3 points, by 0.82 percent.

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ECLAC predicated the economy in Central America this year are expected to grow

Filed under: Financial News — Tags: — Nancy @ 9:05 am -0700

ECLAC predicated the economy in Central America this year are expected to grow
Xinhua in Mexico City on April 23rd (Xinhua Luan Xiang): The United Nations Economic Commission for Latin America and the Caribbean (ECLAC referred) published the economic forecasts that in 2009 Central America and the Dominican Republic were expected to get a whole 1.4% of economic growth, only Costa Rica may appeared negative growth. ECLAC report released a few days ago that the trade development policy of major developed countries to deal with the crisis and restore economic, still from a very large extent on the economic situation in this region resulted in a decisive influence.

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