Musk, now leading the move to slash government spending, is meeting top military officials at Pentagon for talks which sources say may involve secret war plans
Another unpopular decision by Indonesia's Prabowo has unnerved citizens and investors. The Jakarta stock exchange has plunged by over 11.5% this year and there are growing doubts about his economic judgement
$23-billion incentives programme that aimed to lure manufacturers away from China was hindered by red tape and slow meagre payouts, officials said, but two sectors enjoyed huge growth
Shares in Asian defence suppliers have soared amid expectation Europe will buy more military equipment, while Trump is also looking ramp up US shipbuilding to narrow the vast output and capacity gap with China
Some private banks will be able to have up to 49% foreign ownership – up from 30% – if they take over struggling financial institutions, Hanoi has said
Trump's plan to charge Chinese vessels a big fee at US ports is looking uncertain as exporters struggle to find US-built or flagged ships to send goods abroad. It is also impacting farm and other exports
The Xi Jinping administration fears a plant in the country would give Mexico unrestricted access to BYD’s advanced technology and EV know-how, insiders claim
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
US tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
Despite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK.
The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.