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Thin Christmas trading on Asian stock exchanges

It was upwards for leading stock market indices in China, but largely unchanged in Japan in thin "Christmas trading" during the initial hours on Tuesday. In Tokyo, the Nikkei 225 index was up by almost 0.

Thin Christmas trading on Asian stock exchanges

Nissan and Honda confirm merger plan

A new major player in the global car industry is about to be created. Japanese Honda and Nissan have signed an agreement on merger talks.

Nissan and Honda confirm merger plan

Slightly Up on Asian Markets - but Nissan Soared

It was mainly plus figures for leading indexes on Asian stock exchanges in Wednesday morning trading, with some exception for Japan. In Tokyo, there was a half percent drop for the Nikkei 225 index and largely unchanged for the broader Topix index.

Slightly Up on Asian Markets - but Nissan Soared

Honda and Nissan in merger talks

The Japanese car manufacturers Honda Motor and Nissan Motor are considering a merger, reports the Japanese newspaper Nikkei and other media. At the same time, information emerges that the Taiwanese iPhone manufacturer Foxconn wants to buy a controlling stake in precisely Nissan.

Honda and Nissan in merger talks

Honda and Nissan initiate merger talks

The Japanese car giants Honda and Nissan are planning to initiate talks on a merger – with the aim of helping them in the competition against Tesla and other electric car manufacturers, reports the Tokyo-based newspaper Nikkei. The two companies want to operate under a single holding company and will soon sign a memorandum of understanding, according to the newspaper.

Honda and Nissan initiate merger talks

Chinese Cars from Spanish Factory

Chinese Chery Automobiles' production of cars at car manufacturer Ebros' factory in Barcelona has begun over the weekend, reports Bloomberg with reference to the Chinese state news agency New China. The production will initially involve the car models S700 and S800 – so-called urban SUVs that will be produced both with combustion engines and in so-called hybrid models.

Chinese Cars from Spanish Factory

Mixed on Asian Exchanges

There was a slight upward trend for the Tokyo Stock Exchange's Nikkei 225 index after the initial trading on Friday, up 0. 3 percent, while the broader Topix was around zero at lunchtime.

Mixed on Asian Exchanges

Record share of electric cars in Norwegian car sales

The share of electric cars in Norwegian car sales in August rose to 94 percent, which is a new world record. Tesla Model Y is the best-selling electric car in the country, with a market share of 18.

Record share of electric cars in Norwegian car sales