Nidec shares plunge 22% on accounting probe

Signage at the Nidec Corp. Qingdao Industrial Park in Qingdao, China, on July 9, 2025. Bloomberg | Bloomberg | Getty Images Shares of Nidec Corp plunged as much as 22.44% Thursday, after the company announced a probe into allegations of improper accounting in its group. This marks the largest one-day drop in the Japanese electronics…

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Asia markets mostly rise as investors assess SCO summit

Elizabeth Quay in Perth City Merr Watson/women Who Drone | Photodisc | Getty Images Asia-Pacific markets mostly rose investors assessed the Shanghai Cooperation Organization meeting of leaders in Tianjin, with tariff uncertainty weighing on sentiment. This comes after a U.S. federal appeals court on Friday ruled that most of President Donald Trump’s global tariffs are…

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