| Toyota sees dollar averaging 93 yen in 2009/10 | (Reuters)
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| 5 November 2009 | TOKYO - Toyota Motor Corp said on Thursday it now expects the dollar to average 93 yen and the euro 132 yen in the business year ending in March 2010. It had previously assumed an average dollar rate of 92 yen and euro of 131 yen.
Toyota also lifted its group-based global vehicle sales forecast for the 2009/10 business year to 7.03 million units from 6.6 million.
The figures include sales at truck maker Hino Motors Ltd and compact car maker Daihatsu Motor Co, but exclude vehicles made and sold by its joint ventures in China.
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| BIZ TALK |
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| Growth, valuation to keep Europe share alive |
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European equities have a lot more ammunition to fire in 2010 even after an eight-month bull run to new highs, as improving economic data and impressive earnings in the third quarter tempt investors to grab risky assets.
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| GOLD |
Nov 21, 2009 |
| Type |
Morning |
Yesterday |
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138.00 AED |
136.00 AED |
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129.00 AED |
127.50 AED |
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| ECONOMIC INDICATORS |
| Housing data in focus as Wall Street rally pauses |
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NEW YORK - Key housing sector data may provide direction for Wall Street in the coming week as the market looks for confirmation of economic recovery and girds for the year-end holiday period.
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| BIZ SHOTS |
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