Carmakers of both EVs and Japanese firms like Toyota have had to offer big discounts as they are locked in a bruising price war, while the economy is sluggish

The global energy transition needs to average $5.6 trillion a year from 2025 to 2030 to meet net zero emissions by 2050; current investment levels are only 37% of what's required despite topping $2 trillion

The investment will be made by the Singapore unit of TikTok's parent Bytedance and the data centre will support companies affiliated with the popular short-video site

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