Latest News: Regions
Trump has ordered US agencies to review US trade deficits, unfair trade practices and currency manipulation; fentanyl is also a hot topic.
Before we head into Donald Trump’s first full day in office on Tuesday, here’s a look at what his first day back as president meant for technology, climate and markets
Currency traders and stock markets have been rocked by Trump's return to the White House, which has brought joy and disappointment. Investors are still trying to envision how things will play out
At least four plants with a combined annual processing capacity of 18 million metric tons either closed crude oil distillation units this month or plan to in February after Beijing cut tax rebates...
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Bids Rush in For TikTok as Americans Scramble to Get the App27 Jan 2025
American billionaires and tech giants are falling over each other to get their bids in for TikTok...
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‘AI Breakthrough’ by China’s DeepSeek Rocks US Tech Giants27 Jan 2025
Little-known China startup allegedly spent $5.5 million, and used sub-optimal Nvidia chips, on an AI model that rates with the best created by US tech giants; this caused Nvidia and other tech shares to sink...
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BYD ‘to Complete $1-Billion EV Factory in Indonesia by Year-End’24 Jan 2025
The carmaker, which already has a factory in Thailand, aims to complete a $1 billion plant on Java, Indonesia's main island, by the end of this year, producing EVs for local sale and export...
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...
WTO director-general Ngozi Okonjo-Iweala warned that tariffs of 25% or 60% could trigger tit-for-tat reprisals that return the world to the economic crisis of the 1930s...
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Bytedance ‘Plans $20 Billion Outlay on AI Infrastructure This Year’23 Jan 2025
Tech giant, which owns TikTok, but may soon be permitted its sell its US arm, will spend half of that amount abroad on AI-related infrastructure, such as data centres and networking equipment, sources say...
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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...
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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China Emptying Dams as Cracks Found After Big Quake in Tibet16 Jan 2025
Three of the five affected dams have been emptied since the big quake on January 7, a Tibet emergency management official told a news conference on Thursday...
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Indian Anti-Monopoly Ruling May Limit WhatsApp Features: Meta15 Jan 2025
Tech giant says it may have to roll back or pause features if it faces a five-year ban on its data sharing imposed by India's anti-monopoly body...
"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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Xi Jinping Seen Luring Trump Into a New US-China Trade Deal21 Jan 2025
"Trump wants a deal. Otherwise, he would have shot up China on day one," Alicia Garcia Herrero, chief economist for the Asia Pacific at Natixis, said...
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Rioters Ransack Korean Court After Yoon’s Arrest Extended20 Jan 2025
Police have arrested dozens of protesters who stormed a court in Seoul on Sunday after it extended President Yoon's detention for a further 20 days...
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