Recent Posts

Nissan to recall cars on inspection failures

Bloomberg Nissan Motor Co. is planning to recall 150,000 vehicles in Japan after uncovering more failures in its final vehicle inspection process, dealing another blow to the carmaker whose former Chairman Carlos Ghosn is detained over alleged financial crimes. The new problems include inappropriate tests of steering and brakes, the carmaker said in a statement. Nissan has been under scrutiny ...

Read More »

China Copper imports slump for first time as economy slows, trade stalls

Bloomberg China’s monthly copper imports dropped for the first time this year as demand wanes due to slowing growth in the world’s biggest consumer of commodities amid a simmering trade row with the US. Oft cited as a market indicator for economic health, the metal has been under pressure since the summer, threatening to unwind a three-year rally. Goldman Sachs ...

Read More »

Tencent Music executive accused of defrauding investor

Bloomberg A Chinese investor accused the co-president of Tencent Music Entertainment Group, which could fetch as much as $1.23 billion in an IPO this month, of using lies and threats to get him to sell his stake in a company that eventually became part of China’s largest music-streaming service. The investor made the claim in an arbitration proceeding in China ...

Read More »
Send this to a friend