WORLD'S NO. 1: Toyota's projected 4 percent rise in production could allow it to surpass GM, which has been scaling back output after market share losses
Toyota yesterday announced a global production target of 9.42 million vehicles for next year, increasing the odds that the Jap-anese car manufacturer will surpass troubled General Motors Corp (GM) as the world's No. 1 automaker.

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South Korea has "unlimited resources" if it decides to curb the local currency's rise against the dollar which is hurting exporters, a senior government official said yesterday.

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Prosecutors yesterday demanded a four-year prison sentence for Japan's disgraced Internet mogul Takafumi Horie over a scandal that rocked his once high-flying Livedoor firm.

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■ Internet
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