Nissan Motor said on Thursday it expects to book a 275 billion yen (US$1.82 billion) operating loss in the current fiscal year due to the impact of US tariffs.
The European Central Bank kept interest rates unchanged at 2% for the third meeting in a row on Thursday and offered no hints about future moves as it enjoys a rare period of low inflation and steady growth, even in the face of trade turbulence.
Mortgage rates in the US fell for a fourth week, inching closer to 6% even as economic uncertainty is keeping buyers pinned to the sidelines.
Inflation in Tokyo rose at a faster pace, supporting the case for the Bank of Japan (BOJ) to keep raising interest rates gradually and giving the yen a boost.
China’s factory activity slump worsened in October, reaching its longest decline in more than nine years, as a deepening economic slowdown sets in during the final quarter.
The Bank of Japan held off on raising interest rates on Thursday but repeated its pledge to continue increasing borrowing costs if the economy moves in line with its projections.