Nissan profits beat estimates as weaker yen helps sales

Nissan has reported better-than-expected profits, helped by the weakening yen and by a recovery in sales in China. Japan’s second-biggest carmaker said profit rose 57% to 84.3bn yen ($825m; £503m) for the last months of 2013, beating analysts’ estimates. It also sold a record 5.1 million vehicles globally last year. The positive results come three […]

Japan Is Going In The Right Direction

The Japanese economy continues to be improving nicely. The latest quarterly “Tankan” survey — which measures the state of the economy via surveys of various businesses large and small — is out and it shows that business sentiment is at a 6-year high, surpassing levels right before the Great Financial Crisis. Abenomics continues to look […]