Asian equities were mixed overnight as South Korea underperformed in an unexpected political development, Taiwan and ...
Hugh Johnson, who for decades has predicted economic trends at chamber breakfast, invited top Goldman Sachs executive to ...
Business sentiment among German companies in China is at an all-time low, a German business lobby group said on Wednesday, as ...
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 ...
GM’s issues in China are no surprise to the automaker. The company lost $347 million in the region through Q3 of this year ...
In a government filing Wednesday, General Motors indicated its investment in its operations in China have devalued by $5 billion.
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 ...
The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a ...
GM said it would write down the value of its joint venture with China's SAIC Motors by as much as $2.9 billion and incur ...