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Automakers, gov't to reveal models in expanded Takata recall

DETROIT- Automakers and governments are starting to announce the models covered by last week's massive expansion of a Takata air bag recall. Millions of Takata air bag inflators can explode with too much force, spewing metal shrapnel into drivers or passengers. Last week the U.S. National Highway Traffic Safety Administration said that Takata agreed to...
Source: The Associated Press
Ford to give other automakers access to its EV tech

Ford said it would give other automakers access to its electric vehicle technologies to accelerate research and development of such vehicles.
Source: Reuters
China stocks plunge 6.5%, worst selloff in 4 months

Mainland markets were the biggest losers in the region on Thursday, as fears over tighter requirements on margin financing ignited risk-off sentiment.
Source: CNBC.com | By: See Kit Tang
Weak yen helps Nikkei rise a 10th day, its longest win streak in 27 years

*Nikkei's winning streak is longest since Feb 1988 Nikkei has risen 5.0 pct over 10 days. TOKYO, May 28- Japan's Nikkei share average rose on Thursday, extending its gains to a 10th day as investors hoped exporters' earnings will rise after the dollar hit its highest against the yen since December 2002. The dollar's surge against the yen gathered pace during Asian...
Source: Reuters
Nikkei rises for 10th day as weak yen lifts exporters

TOKYO, May 28- Japan's Nikkei share average rose on Thursday morning, extending its gains to a 10th day as investors hoped exporters' earnings will rise after the dollar hit eight-year highs against the yen. "I thought the market would see a correction given the straight days of gains, but contrary to my initial view, it's being lifted by the weak yen," said Masashi Oda,...
Source: Reuters | By: Ayai Tomisawa
With "attitude shift", Takata moves from denial to compromise in air bag crisis

BEIJING, May 28- Japan's Takata Corp, which for months resisted U.S. regulators' demands to widen a recall over its potentially lethal air bags, has had an "attitude shift" and is in a mood to compromise to try to resolve the ballooning auto safety crisis, said a person close to the company. "'There's no use or gain in fighting the regulators' is how one Takata management...
Source: Reuters | By: Norihiko Shirouzu
Nikkei extends gains to 9th day, limited by Wall Street's rate hike nerves

TOKYO, May 27- Japan's Nikkei share average was marginally higher on Wednesday morning, extending its gains into a ninth day, but gains were limited as U.S. shares languished after upbeat U.S. data fed fears that a rate hike may come earlier than expected. The buoyant data follows Federal Reserve Chair Janet Yellen saying on Friday that the central bank could raise...
Source: Reuters | By: Ayai Tomisawa
UPDATE 1-Takata faces questions over air bag fix as recalls expand

*Takata says confident new air bags are safe. DETROIT, May 26- Automakers and safety regulators could take months to nail down why air bag inflators made by Takata Corp are exploding with too much force, meaning consumers cannot be certain replacement inflators installed under a sweeping recall are safe, industry officials involved in the process said.
Source: Reuters | By: Ben Klayman
Takata faces questions over air bag fix as recalls expand

*Takata says confident new air bags are safe. DETROIT, May 26- Automakers and safety regulators could take months to nail down why air bag inflators made by Takata Corp are exploding with too much force, meaning consumers cannot be certain replacement inflators installed under a sweeping recall are safe, industry officials involved in the process said.
Source: Reuters | By: Ben Klayman
Nikkei's winning streak runs into profit-taking

*Tomy falls after Marunouchi Capital sells entire stake. *Kyushu Electric rises after nuclear reactor restart announcement. TOKYO, May 26- Japan's Nikkei share average edged down on Tuesday morning, snapping a seven-day winning streak as investors took profits after the recent gains made on optimism over the economy's recovery and higher shareholder...
Source: Reuters | By: Ayai Tomisawa