The move is part of Trump's efforts to spur manufacturing in the US. There was also news that Apple will invest $100 billion in its home market

A preliminary estimate by insurance giant Swiss Re said losses from natural catastrophes soared in the first half of 2025

After announcing a 25% tariff on Indian imports, Trump posted stinging remarks on social media about its high tariffs and slandering its "dead economy". Other countries in the Asia-Pacific fared much better.

Politburo vows to manage the country's overcapacity crisis that have plagued key sectors – such as EVs, solar and more – by boosting capacity cuts in the second half of this year

India and Vietnam exported more phones to the US than China in the second quarter, amid shifts in production and tariffs imposed by President Trump, a new report says

Leaders accept peace proposal, while debate rages on why fighting flared. Bangkok says it stems from a Thai crackdown on a notorious scam centre operator.

A day after the ICJ ruling, a court In Sydney struck down a bid by an Indonesian firm to extend the life of a huge coal mine. A global legal avalanche may have begun

With China demanding a stake in the $23bn sale, officials in Beijing and Washington may need to negotiate who gets what, as part of a bilateral trade deal

Fighting flares near disputed areas on the Thai-Cambodian border. Analysts say the impacts could be serious for both countries if the conflict drags on

Trump said Filipino goods would face a 19% tariff rate while the Philippines will open its market to US autos, soy, wheat products and medicines

China launches a series of giant controversial dams on a river in Tibet, a $170-billion project long opposed by Bangladesh and India

Ministers have vowed to promote high-quality development of the EV sector and comprehensive measures to cool the industry's "irrational competition"