|Day Low/High||53.74 / 53.94|
|52 Wk Low/High||51.00 / 64.91|
Nissan lowered its full-year profit outlook Tuesday, citing consistently challenging market conditions, and said it booked an $84 million charge linked to the underreported salary of ousted chairman Carlos Ghosn.
Japanese prosecutors arrested former Nissan Motor chief Carlos Ghosn again on Friday, for the third time.
Carlos Ghosn, who is currently being held in Japan while authorities investigate allegations of financial misconduct against the auto industry titan, is likely to remain in police custody for another ten days, according to media reports published Friday.
Nissan said Thursday that its board voted unanimously to dismiss former chairman Carlos Ghosn following his arrest for alleged financial misconduct linked to his role with Japan's second-largest automaker.
Nissan and Renault are plummeting to new lows after news that Carlos Ghosn was arrested. Ghosn serves as the chairman of Nissan as well as chairman and CEO of Renault.
News of falsified emissions tests have hit Nissan's shares in trading on Monday.
Investors can gain exposure to the ongoing evolution of Abenomics by focusing on capex-linked plays.
Tesla has first-mover advantage with electric cars yet again, this time apparently with a 100% -owned factory planned for Shanghai. Its competitors never learn.
Japan's benchmark Nikkei index has hit its highest level since 1996 and should soon breach the 21,000 barrier, a vote of confidence that Abenomics is working.
The six year strategy by the three automakers is titled 'Alliance 2022'
U.S. car companies risk missing out as foreign producers ink the necessary partnerships to make new-energy vehicles in China.
Thursday's mega-investment in Indian e-commerce company Flipkart is just the latest example of SoftBank's breakneck tech investment pace.
Rio Tinto shares fell modestly Monday despite rival Glencore outbidding Yancoal for the miner's Coal & Allied Industries unit in Australia.
Japan's car industry, a pioneer in many ways, is continuing its leadership in the introduction of autonomous vehicles and parts.
With two new initiatives this week alone, Asian governments are leading the drive for autonomous cars.
Tax changes in Japan should benefit the huge trading companies that call the country home. Restructuring is on the cards, while the commodity rally also plays into better profits.
Rising wages and a push to spur consumption have made China less attractive as a production site. Manufacturers are looking South and East as a result, as investors should note.
Japanese big business is terrified of losing its competitive edge in Europe.
Indonesia posted the second-strongest stock gains in Asia last year, but comes into the next with religious tension.
Nissan's R&D spending is increasing, while Toyota's is easing.
Much of Asia is closed for the mid-Autumn festival holiday, but Sydney and Tokyo follow Wall Street's upward lead as interest rate rise fears recede.
Suzuki said the issues are likely due to the hill-top location of the testing facility. Mitsubishi's president resigns over emission testing scandal.
General Electric will pay about $333 million less for Alstom's power-and-grid business, its largest purchase ever, under proposed changes to the deal designed to eliminate European regulators' antitrust concerns.
Nidec will maintain its momentum in the wake of its big wins in the automotive industry, as well as the Apple watch.
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