Worldwide: Toyota Motor Corp has cut its projections for North American sales by 60,000 vehicles this fiscal year for the first time. Nissan Motor Co also reported a 43 percent drop in quarterly operating profit.

Manila, Philippines: Growth in Asia and the Pacific’s developing economies for 2016 and 2017 will remain solid as firm performances from South Asia, East Asia and Southeast Asia help offset softness from the US economy, and near-term market shocks from the Brexit vote, said an Asian Development Bank (ADB) report.