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Toyota To Import Taiwan-Built Minivans To Japan Amid Factory Strain
Toyota To Import Taiwan-Built Minivans To Japan Amid Factory Strain
Toyota will start shipping Taiwan-built Noah and Voxy minivans to Japan later this year, marking a rare shift in the company’s production strategy as mounting pressures strain the country’s auto manufacturing sector, according to Nikkei.
Production for the Japanese market is set to begin in October on a dedicated line at Toyota’s plant in northern Taiwan, according to Nikkei. While Japanese automakers have long sold foreign-built vehicles at home, those models were typically intended for overseas markets first. Toyota’s decision to...
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Jul 13, 2026 / Tyler Durden
Futures Slide, Oil Surges As Iran War Returns, Chip Stocks Tumble As Korea, SK Hynix Crash
Futures Slide, Oil Surges As Iran War Returns, Chip Stocks Tumble As Korea, SK Hynix Crash
US equity futures are lower on a combination of US/Iran escalation (which is feeding inflationary concerns) and a violent crash in South Korean stocks (which saw SK Hynix plunge by 15% overnight, the most on record, and unironically follows its record ADR launch in the US), which has put Semis and tech under renewed pressure. On the former, this drove oil prices higher overnight, but gains have been cut in half. On the latter, there...
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Jun 9, 2026 / Tyler Durden
Flesh-Eating Cattle Screwworm Spreads Beyond Texas As USDA Accelerates Eradication Push
Flesh-Eating Cattle Screwworm Spreads Beyond Texas As USDA Accelerates Eradication Push
The U.S. Department of Agriculture confirmed three more New World screwworm (NWS) cases, bringing total detections to five and heightening concerns that the flesh-eating pest, once eradicated in the 1960s, could threaten the nation's already strained cattle industry.
The latest NWS cases include three calves and a goat in Texas, along with a small dog in Lea County, New Mexico, marking the first confirmed case in that state, according to the USDA. The dog had not traveled to Mexico...
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Jun 24, 2026 / Tyler Durden
Tanker Owners Having The Best Week Of The Hormuz Crisis As VLCC Rates Soar
Tanker Owners Having The Best Week Of The Hormuz Crisis As VLCC Rates Soar
By Julianne Geiger of OilPrice.com
The Strait of Hormuz may be reopening, but don't tell tanker owners the crisis is over. They're making too much money.
As Middle Eastern producers scramble to move crude that has spent months stranded in the Persian Gulf, tanker rates have exploded higher, turning a slow return to normal into a windfall for shipping companies.
According to Reuters, the cost of hiring a tanker in the Gulf has nearly doubled in just a week, jumping...
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