Nissan to End Production of Compact Van as Honda Rescue Looms

The Edge Markets04:04 ET

To meet the merger conditions with Honda (HMC.US), Nissan (NSANY.US) has initiated a production suspension and layoffs plan.

As Honda Motor prepares to merge struggling Nissan Motor into its Business, the latter is accelerating the adjustment of its business structure to meet the terms of the agreement.

Zhitong Finance03:33 ET

The most hurt are the allies? On the first day of Trump's presidency: South Korea's Battery manufacturers were stunned.

① On the first day of Trump's presidency, some sectors in the South Korean and Japanese markets seemed to be struggling; ② After the USA President Trump indicated that he might soon impose tariffs on Canada and Mexico and revoke the previous administration's support for Battery electric vehicles, the stock prices of South Korean and Japanese Auto Manufacturers fell from early gains on Tuesday, with many South Korean Battery manufacturers showing an even more pronounced reaction.

cls.cn01:33 ET

The Nikkei average is up about 30 yen, with trading volume led by Disco, IHI, and Advantest.

At around 2 PM on the 21st, the Nikkei Average was trading at approximately 38,930 yen, up about 30 yen from the previous day. In the afternoon session, buying was strong as trading began. There was even a moment when it recovered into the 39,000 yen range, but it continued to be pressured by selling as investors awaited a pullback, leading to a sluggish upward movement. In the Foreign Exchange market, the exchange rate was around 155 yen per dollar, with no major fluctuations. The top volume stocks around 2 PM (Main Board) included JDI <6740.T>, NTT <9432.T>, Mitsubishi UFJ <8306.T>, and Nissan <7201.T>.

Kabushiki Shimbun00:02 ET

The Nikkei average started up by 261 points, with MAZDA MOTOR CRP and Daiichi Sankyo, etc. rising.

[Nikkei Average Stocks・TOPIX (Table)] Nikkei Average; 39163.53; +261.03 TOPIX; 2728.09; +16.82 [Opening Overview] On the 21st, the Nikkei average opened at 39163.53 yen, up by 261.03 yen, continuing to rise. The previous day's U.S. stock market was closed in observance of Martin Luther King Jr. Day. In major European markets, the UK FTSE 100 rose by 0.18%, others up by 0.42%, and the French CAC 40 rose by 0.31%. Today's Tokyo stock market was led by Buy. Last

Fisco Japan19:37 ET

Market Overview Early Information = Main order conditions before the morning session (1) Toyota, Mitsubishi UFJ, SoftBank Group, etc.

As of 8:50 AM on the 21st, the main pre-opening order situation is as follows. Toyota <7203.T> Sell 340,000 shares, Buy 430,000 shares. Sony Group Corp <6758.T> Sell 320,000 shares, Buy 380,000 shares. Mitsubishi UFJ <8306.T> Sell 490,000 shares, Buy 1,050,000 shares. ENEOS <5020.T> Sell 130,000 shares, Buy 70,000 shares. Nissan <7201.T> Sell 270,000 shares, Buy 230,000 shares. SoftBank Group <9984.T> Sell 60,000 shares, Buy 120,000 shares. Provided by Wealth Advisor.

Kabushiki Shimbun18:53 ET