Latest News: Regions
Two factors seen to have helped the Labor Party's strong victory were concern about Trump's tariff policies and Republican support for his conservative rivals.
Japan says tariffs imposed on autos, steel and aluminium cannot be excluded from trade talks, because the auto sector is a core national industry
With the tariff exemption – and trade loophole – for small parcels ending on May 2, some foreign retailers are giving up on seeking sales in the US
US Treasury hits a militia linked to Myanmar's military regime for enabling huge scam operations in its region, days after announcing a ban on dealings with a financial group in Cambodia...
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China’s Steelmakers Hit by Wave of Tariffs, Plunge in Export Orders08 May 2025
Second quarter steel shipments are expected to plunge by about 20-30% after the US imposed a 25% tariff in March and other countries involved in trans-shipment followed suit ...
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BYD Plants Seen Generating Big Sales in Europe, South America08 May 2025
China's most successful carmaker is eyeing major growth from plants it is building in Europe and South America, and hopes to have half its sales overseas by 2030...
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US to Rejig Export Curbs for AI Chips, ‘Shift to Licensing Deals’08 May 2025
Trump administration officials are looking to dump the tiered approach to access to advanced chips and shift to a global licensing regime with government-to-government agreements, sources say...
Countries in Central and South Asia continued to see some of the worst air quality, with India's New Delhi being the most polluted capital city in the world...
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Momentick Unveils First Emissions Risk Management Service14 Jan 2025
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...
Beijing announced benchmark rate cuts plus a major liquidity injection on Wednesday, shortly after the US and China said officials will meet in Switzerland for trade talks this weekend...
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Satellite Images Show Huawei’s Expanding Chip Facilities – FT06 May 2025
Huawei is making an "an unprecedented effort to develop every part of the AI supply chain domestically," one expert told the Financial Times...
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Asian Currencies Soar as Investors Dump The US Dollar06 May 2025
Asian currencies have surged on the back of a wave of dollar selling, which suggests regional investors are baulking at the long trend of investing in US assets...
India’s escalating conflict with Pakistan could put at risk its image as a ‘safe haven’ amid global economic turmoil...
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US Has Reached Out to Discuss Tariffs, China’s State Media Says01 May 2025
Outlet says the US approached Beijing to hold talks on tariffs; Trump says "potential" trade deals are lined up with India, South Korea and Japan...
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US Says One of its First Trade Deals Will be With India29 Apr 2025
Higher US tariffs on dozens of countries are due to take effect on July 8 unless deals are reached before a 90-day pause ends...
Lawmaker says technology to track chips is readily available, while there is bipartisan support for requiring companies like Nvidia to build location-tracking into their high-powered AI chips...
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Toyota Shuts Daihatsu Factories After Safety Tests Scandal – CNN28 Dec 2023
Daihatsu's four factories in Japan will shut down till the end of January while its parent Toyota talks to authorities about what to do about the safety tests scandal revealed last week...
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Shipping Volume Will Plunge by Over a Third Next Week: LA Port01 May 2025
Officials at the Ports of Los Angeles and Long Beach expect a plunge in cargo from Asia that could last well into the second half, if not longer...
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