Latest News: Regions
Letting the yuan depreciate could blunt the impact of US trade tariffs. And China's central bank has considered the possibility of the yuan dropping to 7.5-per-dollar to counteract trade shocks.
The Politburo has pledged to use 'unconventional' methods to lift consumption as China faces strong deflationary pressures amid low consumer spending
China's anti-monopoly probe into Nvidia comes just two weeks after it said it would support the American chipmaker's efforts ’to take root’ in the country
Support for an Alaska pipeline is one of a few energy deals Tokyo is considering for when PM Shigera Ishiba meets with Donald Trump, to ease trade friction concerns...
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Thailand Facing EV Price War After Flurry of Chinese Investment31 Jan 2025
Carmakers of both EVs and Japanese firms like Toyota have had to offer big discounts as they are locked in a bruising price war, while the economy is sluggish...
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China ‘Promoted DeepSeek AI Launch Prior to US Stock Plunge’31 Jan 2025
Social media accounts run by Chinese state media, plus embassies highlighted DeepSeek's 'breakthrough' prior to the stock crash on Monday and push Beijing's narrative on surpassing the US in critical areas of competition, report says ...
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Spending on Global Energy Transition Well Under What’s Needed30 Jan 2025
The global energy transition needs to average $5.6 trillion a year from 2025 to 2030 to meet net zero emissions by 2050; current investment levels are only 37% of what's required despite topping $2 trillion...
The group, which describes its business as "emissions intelligence," has raised an extra $5 million to enter the insurance sector to focus on emissions risk management....
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Billion-Dollar Oil Fraud in Mongolia Hits Trafigura Profit13 Dec 2024
Trafigura attributed the majority of debts owed by its counterparty in the country, Lex Oil, but its own internal probe is ongoing to try to locate around $500 million....
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Ruble Plunges After US Sanctions GPB, Dozens of Russian Banks28 Nov 2024
The Russian central bank moved on Thursday to stop foreign buying of the ruble in the domestic market after the currency slipped to its lowest since March 2022...
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China Eyes Minerals, Offers Afghan Taliban Tariff-Free Trade25 Oct 2024
President Xi said at a summit in Beijing last month that from December goods from least developed countries with diplomatic ties to China would not be subject to import duties...
"Qwen 2.5-Max outperforms ... almost across the board GPT-4o, DeepSeek-V3 and Llama-3.1-405B," Alibaba's cloud unit claimed on Wednesday...
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Curbing Chinese Access to US AI Models May be Hard: Analysts30 Jan 2025
US executives say limiting the 'distillation' process from open-source models, in which one AI system learns from another, may be difficult to stop...
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DeepSeek Breakthrough or Theft? US Probes ‘AI Data Breach’29 Jan 2025
Microsoft's security researchers observed that "individuals they believed to be connected to DeepSeek" were involved in an unauthorized data transfer several months ago...
Two Asian giants have agreed to resume direct flights and a range of other measures as ties finally warm after their deadly border clash...
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Bangladesh’s Ousted PM Hasina ‘Faked High Growth’: Yunus24 Jan 2025
Nobel laureate now heading Bangladesh's interim govt said Hasina's government faked the country's growth data "and nobody questioned that"....
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Trump Seen Blocking the ‘De Minimis’ Trade Loophole With China23 Jan 2025
Trump noted on his first day in office the de minimis law, which allows over a billion products to be mailed to the US every year, is unlikely to survive for long...
PM says: “We will urgently look at whether we need to make more cooperative plans and future assistance programmes for the industrial sector."...
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Tech Selloff Extends to Japan as DeepSeek Puts Focus on AI Costs28 Jan 2025
Shares of Nvidia plunged by 17% on Monday, wiping nearly $600 billion from the chipmaker's market value, a record one-day loss for any company....
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Yen Rises After Bank of Japan Lifts Rates to Highest Since 200824 Jan 2025
"The likelihood of achieving the BOJ's outlook has been rising," the central bank said, as many firms say they will continue to raise wages steadily in this year's annual wage negotiations...
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