Financial Performance
Nissan to close Indonesia, Spain auto plants after losses
May 28, 2020

Nissan to close Indonesia, Spain auto plants after losses

Nissan plans to close auto plants in Spain and Indonesia after sinking into the red for the first time in 11 years as the pandemic squashed global demand and disrupted production

World shares mostly rise as investors brace for earnings hit
Apr 14, 2020

World shares mostly rise as investors brace for earnings hit

Global shares are mostly higher after reopening from Easter holidays though investors are bracing for news on how the coronavirus pandemic has hurt corporate earnings and the Chinese economy

Global shares rise as investors brace for hit to earnings
Apr 14, 2020

Global shares rise as investors brace for hit to earnings

Global shares are higher after reopening from Easter holidays though investors are bracing for news on how the coronavirus pandemic has hurt corporate earnings and the Chinese economy

Asian shares rise amid wait for China data, global earnings
Apr 14, 2020

Asian shares rise amid wait for China data, global earnings

Asian shares are rising although investors were braced for a sobering first look at how the coronavirus pandemic has hurt corporate earnings and the Chinese economy, the driver of growth for the region

Sep 10, 2019

Alibaba's Ma steps down as industry faces uncertainty

Alibaba founder Jack Ma steps down as its chairman as Chinese e-commerce faces rapid change, uncertainty in tariff war

Aug 13, 2019

China's auto sales sink in July, extending yearlong decline

China's auto sales sink 3.9% in July from a year earlier, extending a year-long contraction in the industry's biggest global market

Toyota sees quarterly profit, sales rise, lowers forecast
Aug 2, 2019

Toyota sees quarterly profit, sales rise, lowers forecast

Toyota has reported a nearly 4% increase in fiscal first quarter profit on improved sales, but the Japanese automaker slightly lowered its full year forecasts because of unfavorable currency exchange rates

Asian shares fall ahead of US-China trade talks
Jul 26, 2019

Asian shares fall ahead of US-China trade talks

Asian shares are lower as investors continue to watch the brewing trade conflict between China and the U.S., and any signs of what's in store from central banks

Nissan to slash 12,500 jobs to cut costs, achieve turnaround
Jul 25, 2019

Nissan to slash 12,500 jobs to cut costs, achieve turnaround

Nissan says it is slashing 12,500 jobs or about 9% of its global workforce in an effort to cut costs and achieve a turnaround amid tumbling profits

Jul 10, 2019

China's June auto sales fall, extending year-old decline

China's auto sales fell 7.8% in June from a year earlier, extending a year-old contraction that is squeezing automakers that need to spend on developing electric cars

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