Liquidators said in a filing on Tuesday they've taken control of over 100 of the group's subsidiaries. They have received $45bn worth of creditor claims, but recouped just $167m in 18 months
Workers in China's manufacturing centres are feeling the impact of tariffs imposed by the US to counter the country's huge industrial overcapacity.
The Trump Administration and China's Commerce Ministry have extended their tariff truce till November 10, giving both sides greater time to discuss concerns about trade and other issues
"Japan needs a stable coalition.. [or] it's impossible to pursue consistent policies," an LDP heavyweight said, so it was best "to seek a coalition partner under a new leader."
The Japanese car giant's warning is the highest estimate yet of the negative impact that Trump's tariffs will have on a company
The deal announced on Tuesday is Tokyo's most significant defence sale since the country ended a military export ban
Ishiba has responded to criticism from opposition lawmakers for not having signed an official document when Japan agreed to a trade deal with the US last month
Strict Covid-curbs have put 26 million lives on hold in Shanghai - China's most important economic hub. The resulting supply chain disruptions and revenue losses will spell fresh economic trouble for China, and the world.
The reason isn't just rising temperatures or battery quality but a lack of thermal-based safety precautions. The EV batteries are getting heated beyond 100 degrees, experts claim.
Tesla employees have returned to work at the giant’s Covid-hit Shanghai plant, and they aim to restart production with 1,000 cars a day after a stoppage of more than three weeks.
Hozon New Energy Automobile, an eight-year-old Zhejiang-based electric vehicle maker, startled industry watchers with growing sales of its affordable, spacious SUVs.