Oppenheimer lowers Caterpillar’s target price to $1,009

Bank of Japan Governor Kazuo Ueda reiterated on Friday that there is a risk of underlying inflation exceeding the central bank's 2% target.

Toyota Motor (TM.US) plans to use its own giga-casting equipment at a $2 billion Lexus factory in China to produce electric vehicles.

The weak performance of Wall Street banks’ fixed income business in the third quarter is not a good sign for European banks, as they are also facing challenges from rising interest rates.