Nissan (7201) To Buy 34% Of Mitsubishi Motors (7211) For $2.18 Billion
The deal between the two Japanese automakers, in which Nissan will buy a third of the latter, will extend their five-year collaboration.
Nissan Could Take Key Stake In Scandal-Hit Mitsubishi Motors
Sources said the carmakers were in advanced negotiations over a deal that would see Nissan invest about $1.8 billion to buy roughly a third of Mitsubishi.
China’s President Xi Says Officials Need To Learn More About Supply-Side Reforms, Calls For Innovation
President Xi Jinping said China needed structural change, and appeared to admit errors in handling the economy — though he said the country could not follow neo-liberal policies.
Toyota (7203) Posts Record Profit For Third Straight Year, Warns Of Falling Income
The Japanese car manufacturer warned that profits for the current financial year would fall by over 35 percent, mainly due to unfavorable currency movements.
-
Dow Jones Industrial Average Soars As Amazon Inc. (AMZN) And Goldman Sachs Group Inc. (GS) Shares Rally
-
Obama To Be First Sitting US President To Visit Hiroshima
-
Amazon Just Became A Lot More Like YouTube, Allows Content Makers To Upload And Make Money From Videos
-
Rihanna’s Limited-Edition Capsule Collection With Manolo Blahnik Crashes Website [Video]
More news
Japan May Intervene In Forex Markets If Yen Appreciates Wildly, Finance Minister Taro Aso Says
Finance Minister Taro Aso said Monday that Tokyo was willing to intervene in currency markets if appreciation of the yen hurt the Japanese economy.
East China Sea Accident: Chinese Fishing Boat Collides With Foreign Cargo Ship, 17 People Missing
The boat was carrying 19 people — two of whom were rescued — China’s coast guard fleet told local media.
LGBT Students In Japan Face Frequent Threats And Violence, And The Government Is To Blame, Human Rights Watch Claims
Human Rights Watch said schools should honor students’ gender identity and include curriculum about orientation in sex education programs, among other recommendations.
US-Foreign Military Sales 2016 Are Thriving; Middle East Among Major Buyers, Recipients Of Aircraft, Weapons
Among the biggest buyers, the Middle East has dedicated more than $17 billion to American-made military wares in the past several months.
Japanese PM Shinzo Abe To Meet Russian President Vladimir Putin To Mend Strained Ties
When the two leaders meet in the Black Sea resort of Sochi Friday, conflicting claims over a chain of Pacific Islands are likely to figure prominently on the agenda.
The Cost Of Donald Trump Deporting Every Undocumented Immigrant? Economists Worry, Report Finds
Deporting everybody living illegally in the United States and preventing every future unlawful entry would cost more than some have let on.
Election 2016: Donald Trump Wants Japan To Pay More For American Military Facilities
The presumptive Republican presidential nominee wants Japan to shoulder the cost of America’s military presence on its territory.
Chief Organizer Of South Korean 2018 Winter Olympics Quits Over Troubled Shipping Business
Cho Yang-ho, who took over as president of the games’ organizing committee in 2014, resigned citing financial problems with his shipping business.
China Says Japan Ties Should Be Based On Cooperation, Not Confrontation
Foreign ministers of the Asian neighbors and rivals — also the world’s two largest economies after the U.S. — met in Beijing Saturday.
Japan’s JAXA Abandons Hitomi, Its X-Ray Satellite That Went Incommunicado
Hitomi, also known as ASTRO-H, was launched on Feb. 17 with the objective of studying supermassive black holes, neutron stars and galaxy clusters.
PS4 vs. Xbox One: Close To 40 Million PlayStation 4 Consoles Have Been Sold Since 2013 Launch
The company sold a better-than-expected 17.7 million units in its fiscal 2015.
Philippines Seeks Coordinated Naval Patrols With Indonesia, Malaysia After Abu Sayaff Beheading
The patrols reportedly aim to determine routes safe for travel after recent attacks and kidnappings by Islamic militants.
Global Stocks Fall After Bank Of Japan Fails To Provide Stimulus Boost
Stock markets traded broadly lower Thursday as investors reeled under the Bank of Japan’s decision to hold fire on stimulus.
Bank Of Japan Holds Fire On Fresh Stimulus; Nikkei Falls, Yen Rallies
The central bank held fire on expanding monetary stimulus despite fresh data adding to concerns about the state of the world’s third-largest economy.
Mitsubishi Motors Says US Models Compliant, Shares Regain Some Ground
Shares in the Japanese automaker surged 8 percent Thursday, the first day of gains since the scandal erupted last week.
Ford Motor Issues Its Second-Largest Recall Of 2016, Covering Older F-150, Expedition, Mustang And Lincoln Navigator Vehicles
The largest recall covers some 2011-2012 Ford F-150 trucks and 2012 Expedition SUVs, Mustang muscle cars and Lincoln Navigators.
UK Brexit Vote: A Month’s Salary Would Be Lost With Leave Vote, Warns OECD
A British exit from the European Union could cost households more than $4,600 with impact felt until 2030.
Asia Stocks Slip, Europe Subdued Ahead Of BOJ, US Fed Meetings; Oil Surges Amid Prospects Of Easing Glut
The U.S. Federal Reserve will make its monetary policy announcements Wednesday, while the Bank of Japan will review its policy Thursday.
North Korea Warns Of ‘Nuclear Disaster’ In US As Pyongyang Sets Date For Congress Meeting
North Korea may conduct a fifth nuclear test before its seventh Congress convention, which is set for May 6, reports said.
Asia Stocks Subdued With Central Banks In Focus, Oil Holds Gains
The Bank of Japan makes its policy decision Thursday amid some speculation it could ramp up its already extensive monetary stimulus scheme.
Yen Weakening Against US Dollar Ahead Of Bank Of Japan’s Policy Meeting This Week
Japan has been trying to drive its currency down in order to make its exports cheaper and strengthen corporate profits earned abroad.
Global Stock Markets, Boosted By Earnings, Remain Wary Ahead Of Central Bank Meetings
Investors are still treading cautiously ahead of meetings of the U.S. Federal Reserve Wednesday and the Bank of Japan Thursday.
Pages
- MOST READ
- 1
- 2
- 3
- 4
- 5
Editor's pick
-
Image Of Thanksgiving Menu From 1899 Goes Viral: 'Most Expensive Item On Menu Is $2'
-
How A 126-Year-Old Court Ruling Will Stonewall Trump's Bid To End Birthright Citizenship, According To Experts
-
Boston Coffee Shop Goes Viral For Offering Free Coffee In Exchange For Dance Moves: 'Why Am I Crying?'
-
South Sudan Probes Shootout At Sacked Spy Chief's Home
-
Pregnant Indiana Mother 'Threw' Her Baby Daughter After She Cried, Police Say
-
Top US Securities Regulator To Exit, Clearing Way For Trump Pick
