Dollar bounces after end-2019 selloff, yuan shrugs off policy easing
The dollar snapped a six-day losing streak to add 0.25% on Thursday, the first trading day of 2020, pushing the euro off five-month highs while the offshore yuan shrugged off reserve ratio cuts that could add $115 billion worth of liquidity.
Turkey detains pilots over Ghosn’s escape through Istanbul
Turkish police detained seven people, including four pilots, on Thursday in an investigation into how ousted Nissan boss Carlos Ghosn transited through Istanbul en route to Lebanon after fleeing Japan, a police spokeswoman told Reuters.
New year cheer for stocks as rally rumbles on
World stock markets began the new year with a shot of Chinese stimulus, ensuring there was no immediate hangover after the wild gains of 2019.
Dollar snaps six-day losing streak, yuan shrugs off PBOC cash injection
The dollar snapped a six-day losing streak to add 0.2% on Thursday, the first trading day of 2020, pushing the euro off five-month highs while the offshore yuan shrugged off reserve ratio cuts that could add $115 billion worth of liquidity.
Volkswagen starts settlement talks with German consumer groups over diesel scandal
Volkswagen on Thursday said it was in talks to discuss a settlement with German vehicle owners who are suing the carmaker over excessive pollution caused by VW’s diesel cars.
Turkey detains pilots over Ghosn’s escape through Istanbul: NTV
Turkish police detained seven people including four pilots on Thursday in an investigation of how ousted Nissan boss Carlos Ghosn touched down in Istanbul as he fled Japan en route to Lebanon, according to broadcaster NTV.
Trial delay helped to push Ghosn to flee Japan: sources
Ousted Nissan boss Carlos Ghosn decided to flee Japan after learning that his trial had been delayed until April 2021 and also because he had not been allowed to speak to his wife, sources close to Ghosn said on Thursday.
Turkish police detain four pilots over Ghosn’s escape: NTV
Turkish police have detained seven people, including four pilots, over the transit of ousted Nissan boss Carlos Ghosn through Turkey after fleeing Japan on his way to Lebanon, broadcaster NTV said on Thursday.
Hyundai, Kia sales drop to seven-year low on China weakness, forecast better 2020
South Korea’s Hyundai Motor and affiliate Kia Motors turned in their lowest sales in seven years in 2019 as business in China slumped, missing their target for a fifth straight time, but forecast better numbers for 2020.
Turkey detains several over Ghosn’s transit through Istanbul: NTV
Turkish police have detained several people after the interior ministry launched a probe into the transit of ousted Nissan boss Carlos Ghosn, who after fleeing Japan stopped in Turkey on his way to Lebanon, broadcaster NTV said on Thursday.