Financial Performance
Moody's cuts China credit rating over rising debt
May 24, 2017

Moody's cuts China credit rating over rising debt

The Moody's ratings agency has cut its credit rating for China due to the country's surging debt, prompting a protest by Beijing and highlighting its challenges in overhauling a slowing economy...

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Moody's cuts China rating citing rising debt, slowing growth
May 24, 2017

Moody's cuts China rating citing rising debt, slowing growth

Moody's cuts China credit rating citing slowing economic growth, rising debt eroding financial strength...

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Standard & Poor's raises Indonesia credit rating
May 19, 2017

Standard & Poor's raises Indonesia credit rating

Standard & Poor's has raised Indonesia's sovereign credit rating to investment grade in recognition of a more stable political environment and improved control over government finances...

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Toshiba reports massive loss for year over Westinghouse woes
May 15, 2017

Toshiba reports massive loss for year over Westinghouse woes

Toshiba, whose U.S. nuclear unit Westinghouse has filed for bankruptcy protection, is reporting a 950 billion yen ($8.4 billion) net loss for the fiscal year ended March...

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Nissan annual profit rises on strong US, China, Europe sales
May 11, 2017

Nissan annual profit rises on strong US, China, Europe sales

Japanese automaker Nissan Motor Co.'s profit rose by 27 percent in the fiscal year that ended in March as strong sales in the U.S., China and Europe offset damage from the strong yen...

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China auto sales shrink in April as demand cools sharply
May 11, 2017

China auto sales shrink in April as demand cools sharply

China's auto sales shrank in April as demand wilts in world's biggest car market...

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SoftBank's profit zooms on Sprint turnaround, Alibaba
May 10, 2017

SoftBank's profit zooms on Sprint turnaround, Alibaba

Japanese internet, robot and solar company SoftBank Group reports 12-fold climb in quarterly profit, boosted by a turnaround at U.S. mobile unit Sprint...

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Toyota see profit drop on yen, president promises change
May 10, 2017

Toyota see profit drop on yen, president promises change

Toyota profit falls 6.6 percent in fiscal fourth quarter as unfavorable exchange rate offset better sales; Toyoda says company was investing in the future...

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Toshiba's survival in doubt amid Westinghouse troubles
Apr 11, 2017

Toshiba's survival in doubt amid Westinghouse troubles

Toshiba Corp., whose U.S. nuclear unit Westinghouse Electric Co. has filed for bankruptcy protection, is raising doubts about its ability to survive as a company...

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Chinese auto sales weaken sharply in March after tax rise
Apr 11, 2017

Chinese auto sales weaken sharply in March after tax rise

An industry group reports Chinese auto sales weakened sharply in March following an increase in sales tax...

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