April 19, 2019

U.S. housing starts approach two-year low; permits weak

U.S. homebuilding dropped to a near two-year low in March, pulled down by persistent weakness in the single-family housing segment, suggesting the housing market continued to […]
April 19, 2019

China will keep supporting economy as ‘pressure’ lingers: politburo

China will maintain policy support for the economy, which still faces “downward pressure” and difficulties after better-than-expected first quarter growth, a top decision-making body of the […]
April 19, 2019

Carlos Ghosn to be indicted on additional charge as early as Monday: NHK

Tokyo prosecutors are likely to indict former Nissan Motor Co Ltd Chairman Carlos Ghosn on an additional charge of aggravated breach of trust as early as […]
April 19, 2019

Foxconn says it remains committed to Wisconsin investment project

Taiwan’s Foxconn said on Friday it remains committed to its contract to build a display plant and tech research facilities in Wisconsin, days after the U.S. […]
April 19, 2019

Nissan slams output cut report as ‘completely incorrect’

Nissan Motor Co Ltd said on Friday a report by the Nikkei that it would slash production this year was “completely incorrect” and that it had […]
April 19, 2019

Despite headwind, Japan’s Nomura says intent on going it alone

Japan’s Nomura Holdings has no plan to follow the lead of Wall Street rivals and seek a tie-up with a commercial lender, its chief executive told […]
April 19, 2019

Qualcomm’s joint venture with Chinese province to shut down: The Information

A joint venture between U.S. smartphone chipmaker Qualcomm Inc and China’s Guizhou province will shut down by the end of the month, The Information reported on […]
April 19, 2019

HNA denies embezzlement claims as it fights for control of Hong Kong Airlines

Embattled Chinese conglomerate HNA Group has denied accusations of embezzlement and financial irregularity made by a rival group of shareholders in Hong Kong Airlines (HKA) as […]
April 19, 2019

Tesla’s Elon Musk, SEC get another week to work out deal on Twitter use

Tesla Inc Chief Executive Elon Musk and the U.S. Securities and Exchange Commission will get another week to settle a dispute over Musk’s use of Twitter, […]
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