Latest News: Regions
BYD, Tesla, Li Auto and Nio have incentives to bolster sales on top of a state subsidy, at a time competition is so fierce only 3 carmakers are said to be profitable
Weather portal says the average national temperature was a degree higher than 2023, while Shanghai had the hottest year since the Qing Dynasty
Climate experts have warned that continued investments in fossil fuels will create the risk of assets worth $557 trillion being left useless by 2050
Tesla has deals to sell credits to European carmakers who are still selling gasoline-powered vehicles so they can avert huge fines...
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Trump Lauds $23bn BlackRock Buy-up of Hong Kong Giant’s Ports05 Mar 2025
The deal, for 80% of CK Hutchison's stake in Hutchison Ports, will give the US consortium control of key Panama Canal ports amid White House calls to end 'Chinese ownership' of the waterway...
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China May Shift to Food Imports From Brazil, Australia, if Tariffs Continue05 Mar 2025
Global trade in farm goods could be reshaped if Beijing fails to reach a trade deal with the Trump Administration that sees tariffs lifted or reduced...
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China Lifts Deficit to Avoid Trade War Blows, Boost Consumption05 Mar 2025
Beijing will use its biggest outlay of debt in three decades to try to bolster domestic consumption - and ward off the impacts of a burgeoning trade war with the US this year ...
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...
Taiwanese officials maintain TSMC won’t begin producing 2nm chips the US before 2028 amid concern that the chipmaker could lose its geopolitical importance...
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Thousands in Limbo as Thailand Fights Scam Hubs on Two Fronts04 Mar 2025
Crackdowns on scam centres near Thailand's borders with Myanmar and Cambodia led to the rescue of 7,200 people - and warnings of the threat they pose to countries in the West...
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Trump Launches Tariff Wars, China Hits Back With 10-15% Duties04 Mar 2025
China said it plans additional tariffs of 10-15% on multiple farm and food products from America, plus restrictions on 25 US firms; Canada also retaliates with tariffs...
Sales of $7 billion worth of Chinese steel, processed by third countries and sold to the US, are at risk because of a wave of tariffs imposed by the US and many other countries...
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Tesla Prepares For India Entry That Trump Says is ‘Unfair’20 Feb 2025
The Elon Musk-led carmaker is finally set to enter the Indian market, a move it has delayed for years citing the country's high tariffs on imported EVs...
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VW’s $1.4bn Tax Bill Clouds Foreign Firms’ India Ramp Up Plans18 Feb 2025
India's tussle with the German auto giant puts the spotlight on issues foreign firms face as they look to expand in the country, including long legal battles and sky-high tariffs...
Japan's second-largest carmaker planned to make the next-generation Civic in Mexico, but sources now say it will be made in Indiana to avoid US tariffs...
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China Seen Hitting Back at US Farm Exports Over Trump Tariffs03 Mar 2025
State media outlet says "countermeasures" will likely include tariffs and non-tariff measures, with US agricultural and food products "most likely be listed"...
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Stocks Sink to Lowest in Weeks Amid Fears of Global Trade War28 Feb 2025
World stocks were on track for their worst week since mid-December, slumping more than 2% as threats of sweeping US tariffs unnerved investors...
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