Tesla moves a step closer to building electric cars in China

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23 Jun 2017

China's ICBC says checks of loans by big acquirers are routine

BEIJING (Reuters) - Industrial and Commercial Bank of China (ICBC) said on Friday its checks of loans to companies that made overseas acquisitions is routine, following reports that the regulator had ordered lenders to assess credit extended to a handful of highly acquisitive firms.

23 Jun 2017

Toshiba asks regulators for extension on financial filing

TOKYO (Reuters) - Toshiba Corp said on Friday it has asked regulators for an extension for filing its annual financial statement by over a month as it has not been able to obtain approval from its auditor.

23 Jun 2017

Asian shares flat, still on track for winning week

TOKYO (Reuters) - Asian shares baulked at the starting gate on Friday but remained on track for a weekly gain, while crude oil prices pulled away from this week's 10-month lows.

22 Jun 2017

Allianz to cut 700 jobs in Germany in next three years: Sueddeutsche

BERLIN (Reuters) - Allianz <ALVG.DE> is planning to cut 700 jobs in Germany over the next three years, Sueddeutsche Zeitung reported on Friday, citing company sources.

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