Japanese truck and engine maker announces settlement with US agencies after being charged with fraud for unlawfully selling 105,000 heavy-duty diesel engines in the US that did not meet emissions standards

The new rules will include Russian cars, but exempt BYD buses assembled in California and won't cover Chinese software made before the rules take effect, so GM and Ford can continue to import some China-made vehicles

Facing allegations of staging an insurrection, Yoon said he agreed to comply with what he called an illegal probe to avoid "bloodshed".

New rules will cap exports of AI chips to adversaries such as China and Russia, while allowing US companies and close allies unlimited access

China's central bank is expected to cut rates and deploy its biggest stimulus in years to bolster its economy and soften the blow from higher US tariffs

Official data on Thursday showed factory-gate prices falling for a second straight year in 2024, while consumer prices only rose marginally

Declaring an emergency would allow Trump to build a new tariff programme via the IEEPA law, which authorizes a president to manage imports during a national crisis

Some analysts think Musk's close ties with incoming President Donald Trump might allow Tesla some kind of waiver from potential future restrictions on the Chinese battery giant

Shandong Port Group has blacklisted vessels sanctioned by the US, blocking access to key ports as the US looks to enlarge its list of 'shadow fleet' tankers shipping Russian oil

Foreign investors bought $26.6 billion worth of Asian equities in 2023, but last year they sold nearly $16 billion worth of equities in Taiwan, South Korea, India, Thailand, Indonesia, Vietnam and the Philippines

Chinese tech giant and biggest battery maker say the move is 'clearly a mistake' as they are not military firms, or suppliers or engaged in military-related activities. They could sue the Pentagon.

Japan's top steel maker said the US government's reviewing process and the decisions over its acquisition proposal for US Steel did not seem properly handled