Page 32 - Panasonic News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Some companies diversify into new markets in a bid to glean efficiencies. Others focus on their proficiencies and incubate within a particular sector....

The Japanese stock market is significantly lower on Wednesday, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight.

Asian stock markets are trading mostly higher on Wednesday, following the broadly positive from Wall Street overnight, as traders largely refrained from making significant moves as they await the release of the minutes of the US Fed's latest monetary policy meeting later in the day for clues about the outlook for interest rates.

A slowdown in the take-up of electric vehicles in the US may prompt Tesla-supplier Panasonic to delay investing in additional plants to boost its automotive battery capacity in North America, the Japanese group's chief executive said.

Panasonic's EV Investment: Panasonic, whose energy unit makes batteries for Tesla , is closely watching its Chinese supply chain and battery material procurement following China's move last year to tighten graphite export controls, Yuki Kusumi said.