Latest News: Regions
$23-billion incentives programme that aimed to lure manufacturers away from China was hindered by red tape and slow meagre payouts, officials said, but two sectors enjoyed huge growth
Shares in Asian defence suppliers have soared amid expectation Europe will buy more military equipment, while Trump is also looking ramp up US shipbuilding to narrow the vast output and capacity gap with China
Some private banks will be able to have up to 49% foreign ownership – up from 30% – if they take over struggling financial institutions, Hanoi has said
The orders for Nvidia's H20 chip - the most advanced semiconductor the group is permitted to sell to China – came in the first three months of this year, a report by The Information said...
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India Likely to Defy Auto Lobby, Cut EV Levies to Appease Trump02 Apr 2025
Pushback from the domestic auto lobby has been a key reason why the Indian government has, for months, delayed a reduction of import levies...
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Trump Fan May Join Bid For TikTok After White House ‘Invite’02 Apr 2025
US venture capital firm is the latest investor 'keen to back' the bid by Oracle and partners for TikTok, but there's doubt on whether a sale can be agreed by Saturday...
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Tokyo, Seoul Deny China Claim of Joint Response to US Tariffs01 Apr 2025
Japan and South Korea reject claim by a Chinese state media outlet that the three countries will issue a joint declaration after Trump's 'reciprocal tariffs' are announced on Wednesday...
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...
Stocks were down again in India on Tuesday, when China's President Xi Jinping urged his giant neighbour to do a 'dragon-elephant tango,' but talks on a US-India trade deal are 'progressing'...
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Asian Markets Crash as Trump Vows Tariffs Against Every Country31 Mar 2025
Trump’s declaration has fanned fears of a global trade war and a recession, causing big losses in equities in Japan, South Korea and Taiwan...
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China, Japan, South Korea Boost Trade Ties, as US Tariffs Loom31 Mar 2025
Trade ministers from three countries – Asia's biggest economies – met in Seoul for the first economic talks in five years to discuss greater regional trade...
Dozens of firms helping to develop technology, such as AI and supercomputers for the Chinese military, plus others helping Iran to make drones were added to a US blacklist on Tuesday ...
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India Eyes $23bn in Tariff Cuts on US Imports to ‘Save Exports’25 Mar 2025
Major concessions stem from estimates by officials in Delhi that Trump's reciprocal tariffs would hit 87% of its total exports to the US...
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April 2 Set as Date for Unveiling of Trump’s Reciprocal Tariffs19 Mar 2025
US tariffs are set to be announced next month, but Treasury secretary says some of the 'dirty 15' trading nations are already curbing unfair practices and seeking to avoid reciprocal levies...
Car industry reeling from 25% auto tariff, which will likely to hit Japanese carmakers not producing autos in the US, while companies with factories in Mexico and Canada, will also suffer, analysts say...
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Nvidia’s Huang Expected to Reveal Details of New AI Chips18 Mar 2025
Nvidia chief expected to reveal details about the company's new flagship AI chips – designed for huge data centres that train AI systems...
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New CEO May Block Intel Split, TSMC’s Plan for JV to Run Fabs13 Mar 2025
TSMC proposed setting up a firm with design giants like Nvidia to run Intel's chip fabs, but the US firm's new CEO has told employees he wouldn't split the group up...
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