Asia

A second year of slowing growth in the U.S. auto market is forcing Japanese automakers to look beyond discounts to grow market share.

Japan's Nikkei share average dropped on Tuesday morning as investors wasted no time to lock in profits from the previous day's rally.

General Motors, the largest U.S. automaker, said a restructuring in South Korean plants could ultimately impact parts of its global operations.

The rival fast-food chains are heating up competition overseas.

U.S. equity markets pointed to a possible halt to the massive selling that has engulfed the markets this week.

One dollar bought 6.3260 yuan as of the 4:30 p.m. close for domestic trading on Thursday, marking a 1% decline in the Chinese currency against the dollar from Wednesday.

U.S. equity futures have bounced around in the overnight session. The Dow had bounced back from a loss of 850 points to turn positive for a brief period before returning to a downward trade.