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Kyodo news summary -11-.

NEW YORK, Aug. 7 Kyodo

---------- Toyota to launch compact car in Brazil at end of Sept.

SAO PAULO - Toyota Motor Corp. will launch the locally manufactured Etios compact car in Brazil at the end of September, the head of the local subsidiary said Tuesday.

Shunichi Nakanishi, president of Toyota do Brasil Ltda., unveiled the plan at a press conference ahead of the opening ceremony Thursday of the Japanese automaker's new plant in Sorocaba in the Brazilian state of Sao Paulo, which will produce the Etios compact targeting emerging economies.

---------- New York stocks remain firm on eased concern over Europe

NEW YORK - New York stocks continued rising Tuesday, with the Dow index extending its winning streak to the third trading day as concerns about Europe's debt crisis have eased.

The 30-issue Dow Jones Industrial Average rose 51.09 points, or 0.39 percent, to end at 13,168.60. The tech-heavy Nasdaq Composite Index went up a further 25.95 points, or 0.87 percent, to 3,015.86. Both the indexes closed at the highest level since May 3.
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Publication:Japan Weekly Monitor
Geographic Code:1U2NY
Date:Aug 13, 2012
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