Latest News: Regions
A wave of positivity over the US economy and possible rate cuts lifted equities across the region but also fired Japan’s currency higher
Economists say major intervention is needed if the country is to meet its 5% growth goal this year as speculation rises that Beijing will do more to boost consumption
Ex-PM's daughter has been sworn in as Thailand's new leader after a royal ceremony on Sunday, which allows her to form a cabinet in coming weeks
PetroVietnam signed an MoU with to buy GE equipment for gas-fired power plants, plus deals with Conoco Phillips and Excelerate, while oil refiner Binh Son did a deal with Kellogg Brown & Root...
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Cloud Over Panama Ports Deal: China Slams HK Owner’s Sellout14 Mar 2025
Fears rise that Beijing may seek to block the $22.8bn port deal; shares of CK Hutchison plunge after Chinese media damn the deal as a 'betrayal' of the Chinese people and an 'act of US hegemony'...
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Tesla Planning Cheaper, Smaller Model Y to Boost China Sales14 Mar 2025
The car will cost at least 20% less to produce than the refreshed Model Y launched last year, sources said. Production will begin next year....
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Server Fraud Case in Singapore May be Linked to AI Chips, China13 Mar 2025
Singapore prosecutors say local firms have been accused of fraudulently supplying $390m worth of US servers to Malaysia, amid reports it involves Nvidia chips sent to China...
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...
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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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...
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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...
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'...
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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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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...
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...
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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...
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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...
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