Asian shares fall as growth, trade concerns dog China markets
Steep losses in Chinese share markets dented Asian equities on Friday as lingering trade war tensions and weak corporate earnings in Europe added to worries about global growth.
Nissan aims to nominate new chairman by around December 20: source
Nissan Motor Co aims to nominate a new chairman within a month or two, hopefully before its next board meeting slated for around December 20, a source familiar with the matter said, after the automaker ousted Carlos Ghosn as chairman on Thursday.
U.S. asks allies to shun Huawei equipment, WSJ reports; sector stocks fall
The U.S. government is trying to persuade wireless and internet providers in allied countries to avoid telecommunications equipment from China’s Huawei Technologies [HWT.UL], the Wall Street Journal reported on Thursday.
Oil hits 2018 lows on emerging supply glut
Oil prices slumped to 2018 lows on Friday in thin but volatile trading, pulled down by concerns of an emerging global supply overhang amid a bleak economic outlook.
Japan prosecutors likely to build new criminal case against Ghosn: Asahi
Japanese prosecutors are likely to build a new criminal case against ousted Nissan Motor Chairman Carlos Ghosn for understating his remuneration by 3 billion yen ($27.0 million) over three years from fiscal 2015, the Asahi newspaper reported on Friday…
China wants trade talks with United States to be equal, mutually beneficial
Trade talks between the United States and China should be equal and mutually beneficial, Chinese Vice Commerce Minister Wang Shouwen said on Friday, adding that he hoped the two countries can find ways to manage their differences through dialogue.
Samsung Electronics vows to pay compensation for ill workers by 2028
South Korea’s Samsung Electronics on Friday vowed to compensate by 2028 its local chip and display factory workers who have suffered from work-related illnesses.
China leads Asian shares lower on growth, trade worries
Asian shares slipped on Friday as trade tensions continued to hurt sentiment, while weak corporate earnings in Europe added to worries about global growth and outweighed hopes for progress in Brexit negotiations.
China says U.S.-China trade talks should be equal, mutually beneficial
Trade talks between the United States and China should be equal and mutually beneficial, Chinese Vice Commerce Minister Wang Shouwen said on Friday, adding that he hoped the two countries can find ways to manage their differences through dialogue.
Asian shares edge up, but growth woes offset Brexit progress
Asian shares barely budged in early Friday trade as investors were reluctant to make any big bets in the face of trade tensions, signs of slowing earnings and Brexit negotiations.
