Recent Posts

US probes Nissan’s top-selling model

Bloomberg The US National Highway Traffic Safety Administration (NHTSA) is investigating Nissan Motor Co’s top-selling model after hundreds of drivers complained a safety system is prone to suddenly triggering the brakes for no apparent reason. More than 840 Nissan Rogue drivers have complained to NHTSA and the company that the vehicle’s automatic emergency braking system activates when there’s no obstruction ...

Read More »

Seoul to exclude Tokyo from trade whitelist

Bloomberg South Korea will probably announce its decision to officially exclude Japan from its “whitelist” of trusted export destinations as early as this week, Yonhap reported. Should the measures be implemented, Japan will be removed from the group of 29 member states of the export control regime that also includes the US and will be subject to stricter export conditions, ...

Read More »

Chinese startup breaks even en route to IPO

Bloomberg China’s Uber-for-trucks startup Full Truck Alliance said it’s weighing an initial public offering after breaking even from May, defying a sector-wide downturn. The company, which is backed by SoftBank Group Corp and Tencent Holdings Ltd, said its improved financial performance dovetailed with its decision not to follow through on a plan to raise as much as $1 billion in ...

Read More »
Send this to a friend