Nissan to close Indonesia, Spain auto plants after losses

TOKYO (AP) — Nissan announced Thursday it will closing two auto plants, in Spain and Indonesia, as it sank into the red for the first time in 11 years, as the coronavirus pandemic sent global demand p...

Nissan-Renault alliance to share more parts, technology

TOKYO (AP) — The auto alliance of Nissan and Renault said Wednesday it will be sharing more vehicle parts, technology and models to save costs as the industry struggles to survive the the coronavirus ...

Asian shares up as recovery hopes overshadow virus worries

TOKYO (AP) — Shares rose in Asia on Tuesday as some regions in Japan resumed close-to-normal business activity, with hopes for economic recovery overshadowing worries over the coronavirus pandemic. ...

Asian shares climb, Tokyo gains on hopes for reopening

TOKYO (AP) — Asian shares are mostly higher, with Tokyo stocks gaining on expectations that a pandemic state of emergency will be lifted for all of Japan. But shares fell in Hong Ko...

Asian shares climb, Tokyo gains on hopes for reopening

TOKYO (AP) — Asian shares are mostly higher, with Tokyo stocks gaining on expectations that a pandemic state of emergency will be lifted for all of Japan. But shares fell in Hong Ko...

Bank of Japan helps fund small businesses fighting pandemic

TOKYO (AP) — Japan's central bank said Friday it will provide some 30 trillion yen ($280 billion) to banks for financing small and medium-size businesses battling economic hardships brought on by the ...

Recession-hit Japan's exports, imports fall due to pandemic

TOKYO (AP) — Recession-hit Japan's exports plunged nearly 22% in April, the country's worst drop in more than a decade as the coronavirus pandemic slammed global demand. The Finance ...

Asian shares mixed as virus worries counter recovery hopes

TOKYO (AP) — Asian shares were mixed Wednesday as market players waffled between hopes for recovery as economies gradually reopen and worries over the havoc wreaked by the pandemic. ...

Sony to buy full control of financial unit to weather crisis

TOKYO (AP) — Sony Corp. plans to make its financial services unit a wholly owned subsidiary to ensure stability as it rides out the hardships brought on by the coronavirus pandemic. ...

Japan's growth drops amid pandemic, worse times likely ahead

TOKYO (AP) — Japan plunged into recession in the first quarter as the coronavirus pandemic battered manufacturing, exports and spending, and economists expect worse damage lies ahead. ...

SoftBank racks up losses as Vision Fund investments plunge

TOKYO (AP) — Japanese technology company SoftBank Group Corp. racked up a loss of 961.6 billion yen ($9 billion) for the fiscal year through March, on red ink related to its Vision Fund investments in...

Alibaba's Jack Ma quits board of Japan's struggling SoftBank

TOKYO (AP) — Chinese billionaire Jack Ma is stepping down from the board of SoftBank Group Corp., as the Japanese technology company struggles over its risky investments such as office-sharing venture...

Japan's growth drops amid pandemic, worse times likely ahead

TOKYO (AP) — Japan's economic growth plunged into recession in the first quarter as the coronavirus pandemic squelched production, exports and spending, and fears are growing worse times may lie ahead...

Asia shares mostly rise after meandering on pandemic worries

TOKYO (AP) — Asian shares were mostly higher Friday after meandering on news about economies reopening, mixed with worries about the prolonged health risks from the new coronavirus. ...

Asian shares fall as hopes fade for quick economic rebound

Asian shares declined Thursday on pessimism about life getting back to normal soon amid the coronavirus pandemic, even as Japan prepared to let businesses reopen in some regions. Ja...