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08.06.2025Day Nissan Records Historic Loss As Currency Negotiations Advance

US Treasury Secretary Bessent's clarification that Japan wasn't being pressured for specific currency targets emerged as a key development in ongoing tariff negotiations, appearing in multiple morning reports. This stance represents a potential easing of tensions after the previous day's concerns about currency manipulation.

Nissan's announcement of a record 750 billion yen ($5 billion) loss dominated financial news, with the deficit far exceeding earlier projections of $560 million. The automaker's struggles are partly attributed to Trump's tariff policies and restructuring costs.

International events featured prominently with reports of a major attack on Kyiv killing nine people, while G20 finance ministers began meetings with significant divides over US tariff policies. NTT Data's global partnership with OpenAI to develop advanced AI agents for corporate services marked a significant Japanese technological development amid these geopolitical tensions.
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The finance chiefs of Japan and the United States held a meeting Thursday in which they discussed currency policy as the two countries seek some common ground over U.
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