Musk, now leading the move to slash government spending, is meeting top military officials at Pentagon for talks which sources say may involve secret war plans
Another unpopular decision by Indonesia's Prabowo has unnerved citizens and investors. The Jakarta stock exchange has plunged by over 11.5% this year and there are growing doubts about his economic judgement
$23-billion incentives programme that aimed to lure manufacturers away from China was hindered by red tape and slow meagre payouts, officials said, but two sectors enjoyed huge growth
Shares in Asian defence suppliers have soared amid expectation Europe will buy more military equipment, while Trump is also looking ramp up US shipbuilding to narrow the vast output and capacity gap with China
Some private banks will be able to have up to 49% foreign ownership – up from 30% – if they take over struggling financial institutions, Hanoi has said
Trump's plan to charge Chinese vessels a big fee at US ports is looking uncertain as exporters struggle to find US-built or flagged ships to send goods abroad. It is also impacting farm and other exports
The Xi Jinping administration fears a plant in the country would give Mexico unrestricted access to BYD’s advanced technology and EV know-how, insiders claim
US tariffs are set to be announced next month, but Treasury secretary says some of the 'dirty 15' trading nations are already curbing unfair practices and seeking to avoid reciprocal levies
Members of the European Parliament 'may have been offered trips to China and cash to support the company' while it faced pushback in Europe, local media reports allege
The Chinese electric vehicle giant has described its new fast charging platform as similar to filling up a fuel tank at the pump
China sends delegation to Panama to try to review and possibly reverse its exit from Belt and Road Scheme, while scrutinizing the US deal to buy CK Hutchison's ports
Survey finds one of the biggest-ever drops in exposure to US equities, amid concerns on stagflation, trade wars and the end of US exceptionalism