Asian equities were mixed overnight as South Korea underperformed in an unexpected political development, Taiwan and ...
General Motors Co.’s stock slid 2.9% early Wednesday as the auto giant’s joint-venture in China booked more than $5 billion in impairment charges and write-downs in the face of competitive price wars ...
Hugh Johnson, who for decades has predicted economic trends at chamber breakfast, invited top Goldman Sachs executive to ...
Asian equities had a strong day as Indonesia was up more than 2%, while Japan, Pakistan, South Korea, Taiwan, and Thailand ...
China, once GM’s largest and most important market, has become its biggest problem. General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 ...
Business sentiment among German companies in China is at an all-time low, a German business lobby group said on Wednesday, as ...
GM’s issues in China are no surprise to the automaker. The company lost $347 million in the region through Q3 of this year ...
China’s Finance ministry canceled the 13% VAT refund/rebate on exported aluminum and copper semi-finished products effective ...
New subsidies, dizzying variety for consumers and sluggish demand for EVs in other parts of the world is helping China ...
The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a ...
China is the world's largest EV market, but battery-electric pioneers are turning to hybrids in a drive to boost sales abroad ...