Nvidia Stock Rises as SemiAnalysis Sees AI Data Center Revenue Beating Wall Street Forecasts 
Trump Administration Declines USMCA Renewal, Opens Talks on New Trade Changes 
UN Chief Urges Nations to Close $100 Million UNRWA Funding Gap 
Gold Price Holds Above $4,000 as Fed Rate Hike Expectations and U.S. Jobs Data Weigh on Market 
Turkey Vehicle Sales Fall 11.4% in June as Auto Market Weakens 
South32 Sells Major Aluminium Assets to Alcoa in Deal Worth Up to $5.6 Billion 
South Korean Stocks Tumble as AI Chip Selloff Hits Asian Markets 
Buffett Delays Gates Foundation Donation Pending Epstein Ties Review 
Anthropic Brings Claude AI Models to Microsoft Azure Foundry With NVIDIA Blackwell GPUs 
US Egg Producers Settle Price Manipulation Probe, Agree to Pay $3.3 Million and Donate 53 Million Eggs 
Michael Burry Shorts Tesla at $416 as AI and Semiconductor Bearish Bets Expand 
Asian Currencies Slip as Dollar Holds Firm, Yen Near Four-Decade Low Ahead of Fed, Jobs Data 
Morgan Stanley Names BAE Systems Top European Defence Stock Despite Lower Price Target 
Kawasaki Heavy Shares Slide on Report of ¥200 Billion Capital Raise Plan 
Gold Price Hits Annual Low as Fed Rate Hike Bets and Sticky Inflation Weigh on Bullion 
Sodexo Raises 2026 Revenue Outlook After Strong Q3 Sales Beat 
TSMC CoWoS Capacity Forecast Raised as Mizuho Sees AI Server CPU Demand Surging Through 2027 
Hitachi Astemo Ltd. has admitted to inspection lapses on brake and suspension systems, with the practice spanning from around 2000 through October this year.
According to the auto parts subsidiary of Japan's Hitachi Lt, it discovered that there was inappropriate conduct, including a lack of periodic tests during the manufacturing of some brake components at the Yamanashi plant between December 2020 and January 2021.
The inspection lapses also transpired during the suspension components manufacturing at its Fuhkishina plant in July 2021.
Hitachi Astemo revealed that the inspection lapses concerned 57,000 braking system parts and 10 million substandard suspension system parts.
The products in question were delivered to 16 automakers and motorcycle manufacturers, including Toyota Motor Corp, Nissan Motor Co, Honda Motor Co, and Mazda Motor Corp.
The car parts maker claimed it has so far not found any safety problems in the affected products.
Hitachi Astemo President and CEO Brice Koch apologized for employees' lack of awareness about the importance of inspections, citing poor internal communication and understaffing as causes.
Toyota and Mazda, which confirmed receiving substandard parts, said they had verified the safety of the products and dismissed the need for recalls.
Similar misconduct also occurred at other Hitachi group companies, including Hitachi Metals Ltd and the former Hitachi Chemical Co, which was bought by Showa Denko KK.
The Tokyo-based Hitachi Astemo has 145 production bases worldwide, including in the US, Europe, and China.
