Financial Performance

Cathay Pacific Airways loss doubles on intense competition

Mar 14, 2018

Hong Kong airline Cathay Pacific says annual loss more than doubles because of relentless competition from rival carriers and rising fuel costs

Finance minister says China can handle government debt risks

Mar 7, 2018

China's finance minister has tried to defuse concern over its rising debt, saying government borrowing is below danger levels and regulators can prevent financial system risks

BMW looking at Chinese-made electric MINI

Feb 23, 2018

BMW says it is talking with a Chinese automaker about a possible partnership to produce electric versions of its MINI cars for the world's biggest auto market

HSBC annual profit rises as Asian growth drives earnings

Feb 20, 2018

HSBC annual profit grows on strong earnings from Asia, in payoff from restructuring

China's January auto sales growth rebounds to 10.7 percent

Feb 9, 2018

China's auto sales growth rebounded in January to 10.7 percent over a year earlier, boosted by strong demand for SUVs

Nissan sales suffer over scandal, but US tax reforms help

Feb 8, 2018

A perk from U.S. tax reforms is helping lift Nissan's fiscal third quarter profit, although costs had to be earmarked and sales were dented by news of improper vehicle inspections at its plants in Japan

SoftBank's profits soar on sales growth, Sprint improvement

Feb 7, 2018

Japan's SoftBank Group Corp. nets 11-fold surge in profit for the fiscal third quarter on improved sales and better results from U.S. carrier Sprint

Toyota lifts profit forecast to record 2.4 trillion yen

Feb 6, 2018

Toyota is seeing a nearly doubling of profit for the fiscal third quarter, and is lifting its annual profit projection to 2.4 trillion yen ($22 billion), a record high for the Japanese automaker

Nissan plans 20 electric models for China through 2022

Feb 5, 2018

Nissan to launch sales of all-electric Leaf in China in 2018, develop 20 electric models with Chinese partner over the next 5 years

Honda's profit more than triples on sales growth, tax cut

Feb 2, 2018

Honda Motor Co.'s profit for the fiscal third quarter has more than tripled what the Japanese automaker earned last year as its sales grow and profit get a perk from a U.S. tax cut