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Apple Supplier Foxconn Eyes Second Japanese EV Deal To Counter China's Auto Surge
Thursday, May 29, 2025 - 8:44am | 408Read More...Apple Inc. (NASDAQ:AAPL) supplier Foxconn is set to announce a partnership with a second Japanese auto manufacturer as the Taiwanese manufacturer turns towards EVs. What Happened: The company's chairman, Young Liu, shared the announcement at the company's annual investor meeting, Reuters reported...
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Warren Buffett's Berkshire Boosts Bets On 5 Japanese Companies: Oracle Of Omaha Says Admiration 'Has Consistently Grown'
Monday, February 24, 2025 - 3:59am | 582Read More...After stellar fourth-quarter earnings, Warren Buffett, in his letter to shareholders revealed that Berkshire Hathaway Inc.’s (NYSE:BRK) (NYSE:BRK) performance exceeded his expectations. However, another important takeaway from his letter was Berkshire’s increasing investments in Japan....
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Bill Gates' Energy Venture, Other Funders Pour $145M Into Little-Known Startup To Harvest Lithium From America's Biggest Saltwater Lake
Monday, February 12, 2024 - 9:47am | 697Read More...A California-based startup, Lilac Solutions, is gearing up to commence a project that will extract lithium from the Great Salt Lake in Utah. Backed by Bill Gates, Mitsubishi, and others, the initiative is set to begin this summer and aims to address the growing demand for lithium, a crucial...
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Warren Buffett-Backed Mitsubishi Hits Record High After Announcing $3.4B Share Buyback Plan
Wednesday, February 7, 2024 - 5:11am | 713Read More...Japan’s leading trading company, Mitsubishi Corp (OTC:MSBHF), has seen its shares soar to an all-time high following its announcement of a massive share buyback plan. What Happened: On Wednesday, Warren Buffett-Backed Mitsubishi’s Tokyo-listed shares hit a record high of 2,812.5 yen ($...
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Nikkei Index Revisits Glory Days, Surges To 33-Year Highs: 5 US-Listed Japanese Stocks To Watch
Tuesday, June 6, 2023 - 5:22pm | 684Read More...The Nikkei 225 stock market index in Japan is seeing a significant rebound in 2023, recalling memories of its glory days when Japanese technology stocks dominated the global scene. With a 25% year-to-date increase as of June 6 and at its highest level since July 1990 (almost 33 years ago),...
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Ride-Sharing Company Grab Raises $856M, Seeks To Expand Its Financial Services
Tuesday, February 25, 2020 - 6:39am | 298Read More...SoftBank Group Corporation (OTC: SFTBY) backed Grab, a ride-hailing company operating in Southeast Asia, is raising more than $850 million from Japanese firms Mitsubishi UFJ Financial Group Inc. (NYSE: MUFG) and TIS Inc. What Happened MUFG and TIS will invest in Grab to create “accessible and...
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Mitsubishi To Stop Making New Diesel Engines
Thursday, December 26, 2019 - 8:12am | 319Read More...Mitsubishi Motors Corporation (OTC: MMTOF) will stop the production of new diesel engines, according to Nikkei Asian Review. What Happened The Tokyo-based multinational automotive manufacturer will reduce its diesel lineup to some SUVs and small trucks in the U.S. and...
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Renault-Nissan-Mitsubishi Chairman Arrested On Trading Violations
Monday, November 19, 2018 - 9:29am | 428Read More...Japanese prosecutors arrested Renault-Nissan-Mitsubishi Chairman Carlos Ghosn on suspected violation of trading law Monday morning. Renault SA (OTC: RNSDF) plummeted on the report, and Nissan Motor Co Ltd (OTC: NSANY) fell marginally. Nissan soon denounced Ghosn for committing years of...
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Mitsubishi Motors Shares Slump To Record Low On Mileage Cheating Scandal
Thursday, April 21, 2016 - 1:50pm | 466Read More...Shares of Japan's MITSUBISHI MOTOR C NPV (OTC: MMTOF) (OTC: MMTOY) plunged to record lows on a mileage cheating scandal, leaving the firm vulnerable to heavy compensation and fines. The shares nosedived for the second straight day after the automaker admitted it had overstated the fuel efficiency...
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Bank Of America On 2015 Auto Manufacturers: Keep Those Wheels Turning
Wednesday, February 4, 2015 - 4:28pm | 708Read More...In a report published Tuesday, analysts at Bank of America took a look at the U.S. auto manufacturers' industry, which saw January U.S. light vehicle sales rise 9.3 percent year-over-year on a selling-day-adjusted basis, above the firm’s mid-month estimate of +8.0 percent “for a...
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Stocks That May Be Affected By Japanese Earthquake: (SNE), (TM), (STRN), (HMC), (MTU)
Friday, March 11, 2011 - 11:34am | 143Read More...In early trading this morning companies that are based in Japan are down. Car manufactures Honda (NYSE: HMC) and Toyota (NYSE: TM) have been down as much as 2% this morning. Electronics maker Sony (NYSE: SNE) is trading 3% lower this morning. Japanese retail banking business group Mitsubishi is...
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Mitsubishi Motors Reports September Sales; up 5%
Friday, October 1, 2010 - 1:29pm | 148Read More...Mitsubishi Motors North America today announced last month was one of its best in nearly two years with September sales of 4,961, an increase of 5.3 percent compared to September 2009. MMNA has reported only three higher monthly sales totals since November 2008. "Our September sales give us...
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Mitsubishi Motors Reports 37% Lower August Sales
Wednesday, September 1, 2010 - 3:54pm | 76Read More...Mitsubishi Motors North America today announced August sales of 4,293, which is the fourth highest monthly sales total for Mitsubishi this year. Sales were 37 percent lower compared to last August – a month whose sales were boosted to the highest monthly level since 2008 by the federal "Cash for...
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Japan Develops Electric Car Standard
Monday, March 15, 2010 - 9:30am | 279Read More...Four Japanese auto giants and the country's largest power company are setting up a common system to recharge electric cars, the AFP is reporting today. They aim to create a global standard. It’s a sign that Japan is serious about competing in the electric car market. The U.S. has yet to develop...
