Asian equities were lower across the board on Wednesday, pressured by a plunge on Wall Street overnight and as a string of China data fell short of expectations.
Key bourses in Asia nursed losses on Tuesday, as a mixed bag of Chinese inflation data offset a positive lead from Wall Street.
Fears that an interest rate hike in the United States is imminent drove Asian stock markets outside Shanghai lower on Monday.
Asian shares largely rose on Friday, supported by a stronger close on Wall Street overnight, with Japanese and South Korean markets scaling fresh highs.
Wells Fargo, one of the largest subprime car lenders, is pulling back from that market, a move that is being felt throughout the auto industry. New York Times reports.
Asian indices mostly advanced on Tuesday to hit new highs, but trading remained cautious ahead of Federal Reserve Chair Janet Yellen's testimony.
Some of the names on the move ahead of the open.
Marc Winterhoff sees the great auto shake out coming over the next 15-20 years. That's when self-driving, or autonomous drive, vehicles will take off.
Honda Motor, in an unexpected move, said that CEO Takanobu Ito would step down in late June, making way for Managing Officer Takahiro Hachigo.
Shipping companies and terminal operators clinched a tentative deal with the dockworkers union, settling a labor dispute causing months of backups at 29 U.S. ports.
Asian markets traded broadly higher amid choppy trade Monday, with Japanese shares charging up to a 8-year high.
Japanese carmaker Honda Motor plans to slow production due to a parts shortage caused by a partial shutdown of ports along the West Coast.
Asian stocks traded mixed on Monday, as a weak trade report from China over the weekend, along with a selloff in U.S. shares, depressed sentiment.
A massive recall scandal forced Takata to cut its profit outlook, but shares bounced on Friday.
January U.S. car sales analysts' expectations, as low gasoline prices and easy credit terms helped fuel sales of utility vehicles and big pickups.
Asian stocks traded mixed on Tuesday, as a rebound in crude oil prices brought mixed blessings, while speculation that the Reserve Bank of Australia (RBA) will cut rates today continued to buoy Australian equities.
The auto industry's troubles deepened as regulators said automakers will recall about 2.1 million older vehicles to fix airbag defects.
Honda cut its annual profit forecast as it set aside more cash to cover an expanded recall of cars to replace potentially faulty air bags.
Asian equities outside China traded higher on Friday, following a halt in the sell-off in energy markets and as traders digest the raft of earnings releases in Tokyo and Seoul.
Japan's Honda Motor Co sliced 6.5 percent off its core annual profit forecast.