The carmaker, which already has a factory in Thailand, aims to complete a $1 billion plant on Java, Indonesia's main island, by the end of this year, producing EVs for local sale and export

Trump noted on his first day in office the de minimis law, which allows over a billion products to be mailed to the US every year, is unlikely to survive for long

Currency traders and stock markets have been rocked by Trump's return to the White House, which has brought joy and disappointment. Investors are still trying to envision how things will play out

"Trump wants a deal. Otherwise, he would have shot up China on day one," Alicia Garcia Herrero, chief economist for the Asia Pacific at Natixis, said

"The data China released was different from what most people felt," an executive said, as subdued markets point to wavering confidence in China's outlook, analysts noted

Rescue of little-known actor gets widespread publicity in China, which has led to tour groups cancelling Lunar New Year trips

New rules will cap exports of AI chips to adversaries such as China and Russia, while allowing US companies and close allies unlimited access

A rise in the value of the dollar has hit the Southeast Asian currency and caused an 18% spike in the trade deficit over the first 11 months of 2024

Official data on Thursday showed factory-gate prices falling for a second straight year in 2024, while consumer prices only rose marginally

Declaring an emergency would allow Trump to build a new tariff programme via the IEEPA law, which authorizes a president to manage imports during a national crisis

Foreign investors bought $26.6 billion worth of Asian equities in 2023, but last year they sold nearly $16 billion worth of equities in Taiwan, South Korea, India, Thailand, Indonesia, Vietnam and the Philippines

China's proposals could help it retain its 70% grip on global processing of lithium into the material needed to make EV batteries. It could also threaten expansion plans by groups such as CATL