Latest News: Regions
China’s announcement last week on ending export tax rebate means exporters of affecting products — ranging from aluminium to used cooking oil — will look to pass on the resulting extra costs
A recent deal on a UN-backed carbon market promises to move billions of dollars for climate action, but it will first need to win over sceptics
A fourth former official who worked at China's top securities regulator has disappeared amid a crackdown on stock market corruption, Nikkei and a local news outlet have said
Korea offers quick delivery of submarines, tanks, missile systems, jets and howitzers, as tensions rise between Canada and the US, amid concerns over US weapons – and its president...
-
Trade War Ramps up as Trump’s Steel and Aluminium Tariffs Start12 Mar 2025
The EU hits back, saying it will impose counter-tariffs on $28 billion worth of US goods from next month; China and US allies in the Asia-Pacific also not happy...
-
Not a Single Asian Country Met Air Quality Standards in 202411 Mar 2025
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...
-
Musk ‘May Cut Govt Waste For a Year’, Tesla Shares Plunge11 Mar 2025
Musk's admission that he could oversee US government cost-cutting for another year, despite 'great difficulty' also heading Tesla, spurred a 15% fall in its share price on Monday...
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....
-
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....
-
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...
-
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...
Wealthy Chinese are investing in Musk’s businesses, despite deteriorating ties between Beijing and Washington, by using an arrangement that hides their identities...
-
Four US Groups Seeking to Buy TikTok, Trump Says10 Mar 2025
Potential buyers reportedly include Amazon, Oracle and Microsoft, the YouTube star MrBeast and Frank McCourt...
-
China’s Tariffs ‘a Warning to Canada Not to Widen Trade War’10 Mar 2025
Former central banker Mark Carney will have to deal with major trade issues with the US and China after he is sworn in as Canada's new leader in coming days...
Southeast Asian nations seen being caught in US dragnet, while tariff exemptions for carmakers have put the spotlight on Trump's use of exemptions, which critics liken to 'crony capitalism'...
-
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...
-
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...
Top Japanese carmaker wants to regain market share in the world's largest auto market. With features similar to local rivals and priced at $15,000, it could do that...
-
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...
-
Honda ‘to Make Civic Hybrid in US Instead of Mexico Due to Tariffs’03 Mar 2025
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...
More Regions News
Asia Financial is owned by Capital Link International Holdings Ltd, 902, Wilson House 19-27 Wyndham Street, Central, Hong Kong. www.capitallinkintl.com
