The EU and Beijing will discuss tariffs imposed on Chinese EVs, following a visit by Germany's economy minister, who had "very open" and "blunt" exchanges with his counterparts
The key to Chinese carmakers’ success has been a massive EV boom in a region, now seen as the "world’s hottest market” for battery-powered vehicles
Deadly heatwaves scorched cities across Asia and the northern hemisphere this week, with hundreds dying on the Haj pilgrimage in Saudi Arabia
China restricts imports of US movies after Trump's latest tariff hike, which follows a ban last week imposed on rare earth exports. But Beijing says it's still ready to discuss trade concerns...
Trump announces a 3-month pause on tariffs he imposed on dozens of countries last week. All now face a 10% base tariff, bar China, where exporters face a 125% tariff...
After averting the risk of a 100% tariff on its chip sales to the US, the world’s largest contract chipmaker now faces the threat of a $1 billion penalty from Washington...
The yuan sank to its weakest level in more than 17 years on Wednesday with US-China trade tipped to be halved by new US tariffs, while US Treasuries were also subject to intense selling...
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...
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....
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....
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 retaliated on Wednesday after the Trump Administration imposed a 104% tariff on Chinese goods – by hiking their levy on US exports to 84%....
Analysts said both sides seem "unwilling to back down" and they fear "the worst may be yet to come." In that event, China may move to boost domestic consumption, and start war games...
Investor fears cooled on Tuesday after China and the EU pushed back against Trump's tariff threats, while advisers and US business leaders urged the President to target business deals ...
The US has imposed tariffs ranging from 10% to 49% on countries across Asia and the rest of the world – plus two uninhabited Australian islands near Antarctica. In Asia there are fears of a trade war and a recession...
Pushback from the domestic auto lobby has been a key reason why the Indian government has, for months, delayed a reduction of import levies...
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'...
Video game enthusiasts in the US say Trump's tariffs are having negative impacts on them - and they're angry about what he's done...
The Hang Seng saw its largest fall since 2008, while stocks in Japan and Taiwan were also hit hard. Over 50 nations are trying to negotiate smaller tariffs with the US...
Beijing said it would impose 34% tariffs on imports from the US next week and limits on rare earth minerals, but countries in Southeast Asia are still coming to grips on how they will manage the trade crisis...