U.S. rejects Ford petition to delay recall of 3 million vehicles

2017-11-17 in.reuters
WASHINGTON (Reuters) - The U.S. National Highway Traffic Safety Administration said on Friday it was rejecting a petition by Ford Motor Co (F.N) to delay recall of about 3 million vehicles with potentially defective air bag inflators to conduct additional testing. (9-0)
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U.S. rejects Ford petition to delay recall of three million vehicles

2017-11-17 reuters
WASHINGTON (Reuters) - The U.S. National Highway Traffic Safety Administration said on Friday it was rejecting a petition by Ford Motor Co (F.N) to delay recall of about 3 million vehicles with potentially defective air bag inflators to conduct additional testing. (9-0)
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US rejects Ford petition to delay recall of three million vehicles

2017-11-17 channelnewsasia
The U.S. National Highway Traffic Safety Administration said on Friday it was rejecting a petition by Ford Motor Co to delay recall of about 3 million vehicles with potentially defective air bag inflators to conduct additional testing. (9-0)
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Nationalism Drives Politics Not Portfolios

2017-11-17 seekingalpha
Along with owning U.S. companies, whether operating domestically or worldwide, investing in or hedging with foreign-based companies is a sound portfolio strategy. (6-0)
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Nissan inspection scandal: Managers in the dark as trainees checked cars - MarketWatch

2017-11-18 marketwatch
Improper inspections became commonplace in the 1990s, the Nissan report said, but may date as far back as 1979. (2-0)
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Toyota Motors (TM) to Sell Locally Designed EVs in China

2017-11-17 zacks
Per a Reuters report, Toyota Motor Corporation (TM - Free Report) has announced that it will sell locally developed electric vehicles (EVs) in China. This is in sync with the company’s strategy to boost its EV line up and act in accordance with the Chinese EV production and sales regulations. Notably, China has imposed stringent rules for electric and plug-in hybrid vehicles that are set to be available in the market from 2019. (9-0)
7203 F GNZUF GNZUY PCAR TM TOYOF TYT

Takeda Pharmaceutical seeks deals as it cultivates global identity

2017-11-17 japantimes.co.jp
LONDON – Japan’s biggest drugmaker is hunting for partnerships and deals — at the right price — as it seeks to build an identity beyond the pharmacy shelves of its home market. (38-1)
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Nissan Hints at Building New U.S. Auto Plant Within Five Years - Bloomberg

2017-11-17 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (2-0)
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Maruti Suzuki may launch e-car before 2020

2017-11-17 thehindubusinessline
The country’s largest passenger vehicles maker Maruti Suzuki India (MSIL), which until now did not have technology to make electric vehicles (EVs), said it may launch a car run on battery before 2020. (7-0)
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Toyota and Suzuki in tie-up to sell electric vehicles in India

2017-11-17 in.reuters
TOKYO (Reuters) - Toyota Motor Corp and Suzuki Motor Corp have agreed to cooperate in selling electric vehicles in India from around 2020, they said on Friday, aiming to give each other a leg up in emerging markets and low-emission technology. (6-0)
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Toyota to sell electric vehicles in China from 2020 and may develop battery-powered autos with local partners

2017-11-17 japantimes.co.jp
BEIJING – Starting in 2020 Toyota Motor Corp. plans to introduce electric vehicles in China, and the carmaker is also considering selling battery-powered autos developed by its local partners under the Japanese brand. (25-0)
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Nissan execs taking pay cuts over bogus vehicle inspections

2017-11-17 business.inquirer.net
Nissan Motor Co. Chief Executive Hiroto Saikawa bows during a press conference at the headquarters of the automaker in Yokohama, Friday, Nov. 17, 2017. Saikawa and other executives of the Japanese automaker plan to return part of their salaries to show remorse over illegal vehicle inspections at the automaker’s plants in Japan. Earlier Friday, Nissan submitted to the government a report on its investigation into the scandal. (2-0)
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Earnings Visibility Keep NTT Docomo (DCM) a Buy

2017-11-17 investorplace
With a $92.3 billion market value, NTT Docomo Inc (NYSE:DCM) ranks in the top 10% of its industry group, Wireless Telecommunication Services, and in the top decile of sector group, Telecommunication Services, in market value. From the viewpoint of investment attractiveness, Portfolio Grader's current ranking for DCM puts it 6 among the 21 companies in this industry group, placing it in the top half; in the top quartile of the sector with a ranking of 14 among the 66 companies in the sector, and number 829 in the nearly 5,000 company Portfolio Grader universe.
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Amid global electric-car buzz, Toyota is bullish on hydrogen

2017-11-17 japantimes.co.jp
TOYOTA, AICHI PREF. – At a car factory in this city named after Toyota, the usual robots with their swinging arms are missing. Instead, workers intently fit parts into place by hand with craftsmanship-like care. (9-0)
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Redcape returns to pub market

2017-11-17 theage.com.au
Redcape Hotel Group has returned to the pub sector with two transactions worth a combined $55 million. Having sold down its portfolio in the past few years, the group has acquired the Crescent Hotel in Fairfield, Sydney, for over $40 million from long time private owners. It is undergoing a $2 million renovation. It also bought the Andergrove Tavern in MacKay, Queensland, for $13 million from local identity John Cowley, where Redcape already owns the Shamrock Hotel.
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Redcape returns to pub market

2017-11-17 smh.com.au
Redcape Hotel Group has returned to the pub sector with two transactions worth a combined $55 million. Having sold down its portfolio in the past few years, the group has acquired the Crescent Hotel in Fairfield, Sydney, for over $40 million from long time private owners. It is undergoing a $2 million renovation. It also bought the Andergrove Tavern in MacKay, Queensland, for $13 million from local identity John Cowley, where Redcape already owns the Shamrock Hotel.
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No further misconduct found at Kobe Steel plant making aluminum for MRJ

2017-11-17 japantimes.co.jp
The transport ministry said Friday its inspection of a Kobe Steel Ltd. plant in Mie Prefecture found no further evidence of misconduct in addition to its data-falsification scandal.
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Tokyo stocks advance further on overseas market rally

2017-11-17 japantimes.co.jp
Stocks gained further ground on the Tokyo Stock Exchange on Friday, supported by an overnight rebound in U.S. and European equities.
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Japanese Bonding Technology Would Cut Fighter Weight

2017-11-17 aviationweek
TOKYO—Japan’s defense ministry and Mitsubishi Heavy Industries (MHI) are working on bonding technology that would largely eliminate fasteners from aircraft structures and thereby greatly cut ...
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Japan Bonding Tech Would Cut Fighter Weight

2017-11-17 aviationweek
TOKYO—Japan’s defense ministry and Mitsubishi Heavy Industries (MHI) are working on bonding technology that would largely eliminate fasteners from aircraft structures and thereby greatly cut ...
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Nikkei rises to 1-week high but breaks 9-week winning streak

2017-11-17 reuters
TOKYO, Nov 17 (Reuters) - Japan’s Nikkei share average rose to a one-week high on Friday, helped by gains in most sectors while chip-related stocks such as Sumco and Tokyo Electron outperformed. (11-0)
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Toyota, Suzuki finalise partnership pact for EVs in India

2017-11-17 thehindubusinessline
Toyota Motor Corporation and Suzuki Motor Corporation on Friday said they have concluded a memorandum of understanding (MoU) on moving forward in considering a cooperative structure for introducing electric vehicles (EVs) in the Indian market in around 2020. (6-0)
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A real estate sensation

2017-11-17 bworldonline
Mixed-use developments have become a truly popular concept in the real estate industry in the Philippines. One will be hard-pressed to name a big real estate company that has no mixed-used project — completed, ongoing or planned — of its own. (7-0)
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Hitachi Chairman Nakanishi eyed for next chief of Keidanren, Japan’s largest business lobby

2017-11-17 japantimes.co.jp
The Japan Business Federation, or Keidanren, is expected to select Hitachi Ltd. Chairman Hiroaki Nakanishi, 71, as the next leader of the nation’s biggest business lobby, to succeed current Chairman Sadayuki Sakakibara, sources have said. (5-0)
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Nikkei rises to more than 2-week high

2017-11-17 thehindubusinessline
Japan's Nikkei share average rose to a more than two-week high on Friday morning, helped by shares in most sectors while chip-related stocks such as Sumco and Tokyo Electron outperformed. (11-0)
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Nissan cites poor communication in safety check malpractice, acknowledged to have started in 1979

2017-11-17 japantimes.co.jp
YOKOHAMA – Nissan Motor Co. President Hiroto Saikawa on Friday blamed a lack of communication between workers and managers as one of root causes for conducting fraud inspections of vehicles at the company’s assembly plants using unqualified workers, in a practice that had been routine for more than 30 years. (2-0)
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Nikkei rises to more than 2-week high; chip-related stocks outperform

2017-11-17 reuters
TOKYO, Nov 17 (Reuters) - Japan’s Nikkei share average rose to a more than two-week high on Friday morning, helped by shares in most sectors while chip-related stocks such as Sumco and Tokyo Electron outperformed. (11-0)
8035 9505 9531 CHUEF PCRFY SNE SNEJF SUMCF SUOPY TKGSF TKGSY TOELF TOELY

Toyota to consider selling locally developed EVs in China - Channel NewsAsia

2017-11-17 channelnewsasia
Toyota Motor said it would consider selling locally designed and manufactured all-electric vehicle models in China, as it looks to expand its EV lineup and comply with Beijing's upcoming new-energy vehicle (NEV) production and sales quotas. (4-0)
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Auto Stock Roundup: MGA, AAP, WPRT, MTOR Beat on Earnings, SUP Misses, GM in Focus

2017-11-17 zacks
Last week saw quite a few auto companies reporting their quarterly numbers. While Magna International Inc. (MGA - Free Report) , Advance Auto Parts Inc. (AAP - Free Report) , Westport Fuel Systems Inc. (WPRT - Free Report) and Meritor, Inc. (MTOR - Free Report) delivered an earnings beat, Superior Industries International Inc. (SUP - Free Report) came up with lower-than-expected earnings numbers. Per a Reuters report, General Motors Co. (11-0)
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Nissan blames staff shortage for improper tests, plans more inspectors

2017-11-17 in.reuters
YOKOHAMA (Reuters) - Nissan Motor Co Ltd on Friday blamed a staff shortage for improper final inspections at its car plants in Japan for over 20 years, and said it would increase the number of trained staff as part of a plan to improve compliance. (2-0)
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Blankfein Tweets Many CEOs Want to See Second Brexit Referendum - Bloomberg

2017-11-16 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (72-0)
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Aflac: A Valuation Conundrum? Fairly Valued Dividend Aristocrats - Part 1 Of 7

2017-11-16 seekingalpha
True value investors are a rare breed because it takes a special mindset and psyche to successfully implement a value investing strategy. (34-0)
8686 AFL AFSD

India’s credit rating upgraded by Moody’s in boost for Modi

2017-11-17 themalaymailonline
Prime Minister Narendra Modi walks to speak with the media as he arrives at the parliament house to attend the first day of the budget session, in New Delhi, India, January 31, 2017. — Reuters picMUMBAI, Nov 17 — Moody’s Investors Service raised India’s sovereign bond rating, citing continued progress in the nation’s economic and institutional reforms. (5-0)
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Amex launches blockchain-based business payments using Ripple

2017-11-16 reuters
LONDON (Reuters) - American Express (AXP.N) has introduced instant blockchain-based payments using Ripple, a fintech start-up, for U.S. corporate customers sending funds to UK-based businesses that bank with Santander UK STN.SN, the companies said on Thursday. (96-0)
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India's Credit Rating Upgraded by Moody's in Boost for Modi - Bloomberg

2017-11-17 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (5-0)
8604 N33 NMR NRSCF

Toyota to consider selling locally-developed EVs in China

2017-11-17 reuters
GUANGZHOU/BEIJING (Reuters) - Toyota Motor Corp (7203.T) will consider selling in China all-electric battery car models developed by its two local joint ventures, the automaker said on Friday in a press release. (4-0)
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Japan health ministry to water down proposal on restaurant smoking: media

2017-11-17 channelnewsasia
TOKYO: Japan's health ministry is likely to drastically water down a proposal restricting smoking in restaurants, media said on Friday (Dec 17), a move that risks Tokyo becoming one of the unhealthiest hosts of the Olympic Games hosts in years. (2-0)
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Plane-Parts Maker GKN Drops New Chief Six Weeks Before He Starts - Bloomberg

2017-11-16 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (80-0)
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5 Reasons to Add Raymond James (RJF) to Your Portfolio Now

2017-11-16 zacks
Raymond James Financial, Inc. (RJF - Free Report) remains well positioned for organic as well as inorganic growth, given its persistent improvement in loan balances and a solid balance sheet and capital position. Moreover, shares of the company have rallied 19.5% so far this year, outperforming the industry’s gain of 6.7%. Also, the Zacks Consensus Estimate for current-year earnings has moved nearly 1. (24-0)
3772 AMTD IBKR RJD RJF SF SFB SFN UMBF

Nissan to brief on improper inspection on Friday - Channel NewsAsia

2017-11-17 channelnewsasia
TOKYO: Nissan Motor said it would hold a news conference on Friday to provide an update on the investigation into improper final inspection procedures: an issue that has led to the recall of 1.2 million vehicles in Japan. (2-0)
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Nissan to brief on improper inspection issue at 0730 GMT

2017-11-17 reuters
TOKYO (Reuters) - Nissan Motor Co Ltd (7201.T) said it would hold a news conference on Friday to provide an update on the investigation into improper final inspection procedures - an issue that has led to the recall of 1.2 million vehicles in Japan. (2-0)
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Deals of the day-Mergers and acquisitions

2017-11-16 reuters
Nov 16 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Thursday: (74-0)
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ETFs in Focus Post Auto Earnings

2017-11-16 zacks
Global automobile sector behemoths, General Motors (GM - Free Report) , Ford Motors (F - Free Report) , Honda Motor Corporation (HMC - Free Report) and Toyota Motors (TM - Free Report) released their quarterly earnings. (8-0)
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Nissan's Infiniti to start producing new SUV in China next year

2017-11-17 in.reuters
BEIJING (Reuters) - Nissan Motor Co’s (7201.T) premium brand Infiniti will start producing a new crossover SUV in China next year, using existing manufacturing capacity in the northeastern city of Dalian.  (2-0)
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Capital TRUST Residencies crowned Best Condo Sri Lanka at Asia Property Awards

2017-11-17 lankabusinessonline
(PRESS RELEASE) – Capital Trust Residencies (Pvt) Ltd clinched the prestigious awards for the Best Condominium Development (Sri Lanka), Best Condominium Development in Colombo and Best Residential Interior Design (Sri Lanka)at the Asia Property Awards 2017 held in Singapore, recently.
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Nissan's Infiniti to start producing new SUV in China next year - Channel NewsAsia

2017-11-17 channelnewsasia
Nissan Motor Co's premium brand Infiniti will start producing a new crossover SUV in China next year, using existing manufacturing capacity in the northeastern city of Dalian.  (2-0)
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Toyota leans into hydrogen fuel cells despite tiny market

2017-11-16 thestar
This copy is for your personal non-commercial use only. To order presentation-ready copies of Toronto Star content for distribution to colleagues, clients or customers, or inquire about permissions/licensing, please go to: www.TorontoStarReprints.com (9-0)
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Automaker Subaru sees US$177 million in costs linked to inspection scandal - Channel NewsAsia

2017-11-17 channelnewsasia
TOKYO: Subaru Corp said it was recalling 395,000 vehicles in Japan and that it expected to incur about 20 billion yen (US$177 million) in costs related to improper final inspection procedures at domestic plants. (2-0)
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Bitcoin is a bubble, no plans to short-sell: Japan Post Bank CIO - Channel NewsAsia

2017-11-16 channelnewsasia
Bitcoin is in a bubble and its fair value should be around US$100, or about 99 percent below the current level, Katsunori Sago, chief investment officer of Japan Post Bank said on Thursday. (40-0)
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Mitsubishi UFJ (MTU) Might Fail to Dodge Strict Supervision

2017-11-16 zacks
Mitsubishi UFJ Financial Group’s (MTU - Free Report) efforts to replace supervision of New York state Department of Financial Servicesfor a less grinding one is being resisted by the regulator, per an article by Financial Times. (14-0)
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