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Nissan may build new US auto plant

Bloomberg Nissan Motor Co. is squeezing all it can from its US assembly plants and will need to build an entirely new factory if it keeps growing in the lucrative American auto market, a top executive said. “At some point, we may need it,” Jose Munoz, chairman of Nissan North America, said in an interview, referring to additional production capacity. ...

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China home prices snap three-month drop

Bloomberg Chinese home prices rose in more cities in October, snapping a three-month decline, a sign the market is stabilising amid government efforts to curb property speculation. New-home prices, excluding state-subsidised housing, climbed in 50 of the 70 cities tracked by the government, compared with 44 in September, the National Bureau of Statistics said. Prices fell in 14 cities from ...

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Japan urges TPP-11 partners to sign pact before elections

Bloomberg Nations working to salvage a mammoth Pacific-rim trade pact that the US abandoned need to move forward before electoral politics get in the way, according to Japan’s chief negotiator. “Next year various countries have elections, there’ll be movements in governments,” Economy Minister Toshimitsu Motegi said. “Considering this, we ought to get it signed quickly before then.” While Motegi didn’t ...

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