Latest News: Regions
Tencent, Alibaba and ByteDance have "significantly increased" orders of a Nvidia chip after AI startup's success, and speculation on tougher export curbs; Beijing says plan for tougher curbs will backfire
Online fashion retailer's profit plunged by $1 billion in 2024, a new report says, and worse is to come after Trump closed a tax loophole it used to send items to the US
Nvidia's results this week will put a spotlight on demand for its chips after low-cost AI models from China's DeepSeek raised doubts on the need for big outlays on pricey chips
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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China Vows to Hit Back at Trump’s Threat of 20% Tariffs Next Week28 Feb 2025
Beijing defends its drug policies and vows retaliation after Trump says he'll impose an extra 10% tariff for insufficient progress on curbing the flow of fentanyl...
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...
Carmakers such as Toyota have been discussing 'End of Life vehicle schemes' with Thai officials to reduce old cars to help lift the sector out of a slump...
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Trump’s Steel Tariff to Hit Chinese Supply Lines via Other Nations27 Feb 2025
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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Notorious North Korean Hackers Blamed for $1.5bn ByBit Heist27 Feb 2025
The FBI and blockchain analysts say a hacking unit backed by North Korea was behind the massive ByBit crypto heist that occurred last week...
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...
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Fears of Reciprocal Trump Tariffs Wipe $180bn Off Indian Stocks11 Feb 2025
India is at risk of facing the worst impacts of Trump's reciprocal tariffs due to high import levies meant to protect domestic industries such as autos and pharmaceuticals...
TSMC and other chipmakers are watching Trump Administration moves closely amid reports the agency dispersing chip subsidies is set to be gutted by job cuts; Beijing says Taiwan is giving TSMC to the US like a 'souvenir'...
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Japanese Carmakers Want Government Help to Negate US Tariffs25 Feb 2025
Auto body fears 25% tariffs on auto imports from Japan, Mexico and Canada will harm the economies of all countries if the Trump Administration goes ahead...
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China, Asian Markets Fall After Trump’s Latest China Curbs24 Feb 2025
Markets in Hong Kong, Shanghai and many other Asian capitals fell on Monday after Trump moved to curb Chinese investment in the US...
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