Asian equity markets were mixed on Wednesday with Japan leading losses on profit-taking while Chinese shares rallied on news of financial reforms.» Read More
TOKYO, Dec 9- Japan's Nikkei stock average climbed as much as 2 percent on Monday morning, buoyed by a slide in the yen after an upbeat U.S. jobs report raised expectations the Federal Reserve will soon begin unwinding its stimulus.
DETROIT, Dec 6- General Motors Co's decision to pull the plug on Chevrolet in Europe is one of several calculated moves the U.S. automaker appears to be making around the world that analysts and investors say are long overdue if the automaker wants to boost profits in line with its rivals.
*Australia, S.Korea just signed free trade agreement. SEOUL/ SYDNEY, Dec 6- General Motors Co may consider shipping more South Korean-made cars to Australia, a source said on Friday, as part of a global restructuring that will see its Chevrolet brand in Europe dropped and production in Australia potentially scrapped.
*Market cautious before U.S. payroll report. TOKYO, Dec 6- Japanese stocks got some respite from two days of sharp falls on Friday morning, as investors bought index heavyweights such as SoftBank Corp and futures although trading was subdued ahead of the looming U.S. jobs data.
*Announcement due this week but deferred to February 2014- ABC. SYDNEY, Dec 6- General Motors Co has decided to pull out of vehicle production in Australia as early as 2016, local media reported on Friday, in what would be a major blow to the struggling industry.
TOKYO, Dec 5- The Toyota Motor Corp group's labour federation will push for a unified rise in base wages, Japanese media said on Thursday, a major step towards permanent wage increases that will be key to ending Japan's decade and a half of deflation.
TOKYO, Dec 5- Japan's Nikkei fell on Thursday, adding to the previous session's worst one-day drop in six weeks, as investors stayed cautious ahead of Friday's U.S. jobs report that may give more clues as to when the Federal Reserve will reduce its stimulus.
DETROIT, Dec 4- Mitsubishi Motors Corp has cut the price of its i-MiEV subcompact electric car in the United States by 20 percent for the 2014 model year, joining the parade of automakers who have lowered EV prices to boost demand.
The average loan on a new car climbed to $26,719 in the third quarter, up by $756 from a year earlier, and the most in at least five years, according to data collected by Experian Plc. The average interest rate fell to 4.27 percent from 4.53 percent a year earlier and the average loan term stretched one more month to five years and five months, according to Experian.
*Credit Suisse further lifts overweight in Japanese stocks. TOKYO, Dec 4- Japan's Nikkei stock average pulled back on Wednesday from a six-year closing high set the previous day, with investors pocketing gains as the yen was squeezed higher ahead of the U.S.
DETROIT, Dec 3- Aggressive discounting and the continued popularity of big pickup trucks helped propel November vehicle sales well past expectations, with the three Detroit automakers and two of Japan's top three reporting year-to-year increases on Tuesday.
CNBC's Phil LeBeau reports on the better-than-expected November sales from Toyota.
SEOUL, Dec 3- Hyundai Motor Co could be one of the biggest losers from surging sales of Japanese cars in China as the South Korean automaker's problems spread from the United States to the world's largest auto market.
SEOUL, Dec 3- Hyundai Motor Co shares tumbled on Tuesday as the South Korean automaker's November sales came under pressure from Japanese rivals in China and the weaker yen, analysts said.
The surge of GM shares comes as the Federal government is about to finish selling its GM stake, and is a day executives have been waiting for.
*Mazda outperforms on Credit Suisse upgrade. TOKYO, Dec 2- Japanese stocks edged down in choppy trade on Monday morning as investors turned cautious over the market's recent rapid pace of gains, while trading was thin ahead of major U.S. economic data due this week.
The FDA tells Google-backed personal genetic profiler 23andMe to stop selling its home DNA kit, another sign regulators think you have the idiot gene.
TOKYO, Nov 29- Japan's Nikkei average was nearly flat on Friday morning after hitting an almost six-year closing high the previous day as investors locked in profits from recent gains in exporters, while shippers outperformed on the back of stronger freight charges. The Nikkei is still within sight of a 5-1/ 2 year peak of 15,942.60 marked on May 23.
*Renault sees Russian market growing next year. BOULOGNE-BILLANCOURT, France, Nov 28- R enault- Nissan will build a second engine with Russian partner AvtoVAZ and aims to overcome a decline in Lada sales in a market set to overtake Germany within two years, Renault's regional boss said on Thursday.
DETROIT, Nov 26- U.S. auto sales are expected to finish the year at a fast pace, with demand possibly at its highest in November, but Wall Street remains worried the industry could return to overly generous incentives that would eat into profits.