Latest News: Regions
Europe and the United States are on track to step up levies on imports of Chinese EVs in coming weeks, but those levies could fuel inflation, put climate goals at risk and lead to retaliation from Beijing
The new measures, which affect $18 billion of imported Chinese goods such as steel and aluminium, chips, EVs, critical minerals, solar cells and cranes, will start in August
A research centre report revealed 38% of the web pages that existed in 2013 have now been lost because they've been moved or binned
Seaborn trade from Asia to the US has plummeted, with a vast number of freight shipments cancelled and China's once-bustling ports now at a standstill because of the tariff war launched early this month...
-
Concern Rises on Delisting of Chinese Firms on US Exchanges17 Apr 2025
The intensifying trade war – and a remark by one of President Trump's top advisers – has put the spotlight back on possible forced delisting of Chinese companies from US stock exchanges...
-
Trump Wants Defence Costs Part of Tariff Talks With Asian Allies17 Apr 2025
Japan and South Korea have tried to separate the defence costs issue, but Trump appears determined to extract an economic payoff, critics say ...
-
Chinese Exporters Bank on Discounts, Patriotism Amid US Tariffs16 Apr 2025
Chinese sellers of items ranging from lunch boxes to appliances have taken to social media platform Rednote to generate sympathy purchases...
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...
-
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....
-
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...
US officials have told their European counterparts they will cut tariffs if countries reduce their dealings with China, while Beijing has urged Trump to 'stop whining'...
-
Nvidia and China Tech Giants Hit by Latest US Chip Clampdown16 Apr 2025
Top chip designer takes a $5.5 billion hit from US security clampdown, curbing sales of its H20 AI chip to cloud giants in China...
-
China Says it Will ‘Shake Hands Not Fists’ to Beat US Tariffs15 Apr 2025
Beijing is aiming to diversify ties amid an escalating trade war with the US, making a significant shift in its approach so far to international ties...
Stock jumps 15% on Wednesday after tariffs eased and news emerges of airlifts of iPhones flown out of India to beat the start of tariffs in the US...
-
Asian Economies Rocked by Trump’s Tariffs, Fears of Trade War03 Apr 2025
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...
-
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...
Japan's second-biggest automaker by sales plans to increase US vehicle production by as much as 30% over two to three years, a new report says...
-
Tariffs on Imported Chips to be Announced Soon, Trump Says14 Apr 2025
Computer chips made outside the US could face a tariff soon, according to the US President, while a security review will be undertaken on critical technology products from China...
-
China Lifts Tariff on US Goods to 125%, as ‘Hikes Become a Joke’11 Apr 2025
Beijing says the ramping of US tariffs is becoming a joke; meanwhile it is canvassing trading partners on how to deal with its trade crisis...
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
