Latest News: Regions
The agency expects carmakers to continue working towards making cheaper and innovative EVs — with China firmly in the lead. It also predicts a hit to Europe’s GDP from the EV transition
China's recent policy stimulus has triggered a furious rally in stocks, though that euphoria has turned into caution in past weeks
Chipmaker suspends deals with firm seen buying chips on behalf of Huawei after it was told the tech giant's Ascend 910B had a TSMC chip in its AI accelerator
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...
-
China Investors Buy Up Stakes Worth $30m in Musk’s Firms: FT10 Mar 2025
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...
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...
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...
-
Toyota Unveils Bozhi 3X in China, a Cheap Advanced Smart EV07 Mar 2025
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...
-
China’s Trade Drops in First Two Months Even Before Tariffs Hit07 Mar 2025
Customs data released by China on Friday shows that imports fell by over 8% in January and February, while exports also slowed before tariffs were imposed by the new US President...
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...
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...
-
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"...
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
