Moody’s Affirms NVIDIA Aa1 Rating as AI Data Center Guarantees Reach $105 Billion 
Trump Says Iran Talks Halted as Strait of Hormuz Dispute Fuels Oil Concerns 
Google to Buy Spirit Airlines Business Data for $10 Million to Train AI 
Japan Trade Deficit Widens as Imports Surge on Energy and AI Demand 
SK Hynix Shares Surge on Record $28.6 Billion Buyback 
Trump Eyes 15% Tariff on Canadian Auto Imports in New Trade Deal 
Gold Prices Edge Higher as Dollar Weakens Ahead of Fed Minutes 
Shein Targets $26B-$27B Valuation for Hong Kong IPO 
Asian Chip Stocks Plunge as Bond Yields Fuel AI Valuation Fears 
Oil Prices Climb as US-Iran Hormuz Tensions Rattle Markets 
Lockheed Martin Secures $153.5 Million in U.S. Defense Contracts 
Wall Street Slides as Treasury Yields Surge to 19-Year High 
CK Hutchison Seeks $1.5 Billion From Panama Over Canal Ports 
Asian Stocks Slide as Chip Selloff and High Bond Yields Hit Markets 
Schott Pharma Stock Rises as Barclays Upgrades Rating on Growth Outlook 
AstraZeneca Halts Phase III Volrustomig Lung Cancer Trial After Efficacy Setback 
Asian Currencies Rise as Dollar Hovers Near Multi-Month Lows 
Add as a preferred source on Google
Ford Motor Co. sold 602,627 vehicles in China last year, up 6 percent from 2019, to mark its first annual growth in the world’s biggest car market since 2017.
The American carmaker posted impressive numbers in the past three months, selling 190,916 vehicles for a 30 percent increase from the same period last year.
Ford’s China sales began faltering in late 2017 after peaking at 1.08 million units in 2016.
In China, Ford manufactures cars through Jiangling Motors Corp Ltd (JMC), its joint venture with Chongqing Changan Automobile Co Ltd.
The automaker shut down its plant at Louisville, Kentucky, this week due to an industry-wide semiconductor shortage, which is expected to spread to other auto plants in the coming months.
Ford employs 3,800 hourly workers in its Louisville plant who will receive about 75 percent of their usual pay during the shutdown.
The plant assembles the Escape and the Corsair.
Ford will also close its three plants in Brazil this year as part of the $11 billion global restructurings.
