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Toyota USA has begun to recall voluntarily some 1.13 million 2005-08 Corolla and Corolla Matrix cars sold in North America due to faulty engine control modules, the company said on Thursday. Toyota recalls 373,000 cars in U.S. Toyota to recall 1,123 Lexus LX 470 sold in China Toyota seeks to improve quality as it targets [...]

Shanghai Pudong Development (SPD) Bank said its first-half-year net profit rose 33.92 percent from one year earlier due largely to lending boom and increased commission fees. Net profits climbed to 9.08 billion yuan (1.34 billion U.S. dollars) in the first six months of this year, the Shanghai-based lender said in a statement filed with the [...]

U.S. stocks pared morning gains and ended in negative territory on Thursday, with the Dow finishing below 10,000, as enthusiasm over better-than-expected jobs data was offset by mounting concerns about the economy. The Dow Jones industrial average shed 74.25 points, or 0.74 percent, to 9,985.81. It was the first time for the blue-chip index to [...]