The smartphone giant’s chief Lei Jun said the company was aiming to become 'one of the world's top five automakers'

Daihatsu's four factories in Japan will shut down till the end of January while its parent Toyota talks to authorities about what to do about the safety tests scandal revealed last week

Together China and India accounted for around 90% of Russia’s crude exports, while Europe's share fell to only about 4-5% from about 40-45%

Costs have shot up as ships have rerouted around Africa. Some shippers are looking to boost the number of vessels sailing through the Suez Canal, but others want to see if the response to Houthi attacks is effective

The surge suggests Chinese chip firms are racing to acquire lithography systems before Dutch export curbs tighten from next year

"A more dovish Fed means the likelihood of recession in 2024 has fallen considerably," one market analyst said

Earlier this month, BMW Group said it had received a test license for L3 self-driving on high-speed roads in Shanghai

Uncertainty in the Red Sea, after Yemen's Houthi militant group began targeting vessels this month, is threatening to worsen the global surge in inflation

The US Department of Defence said on Saturday the drone that attacked the Japanese-owned chemical tanker was launched from Iran.

The ET9, which is still a year away from delivery, features self-developed tech such as an autonomous driving chip, a 900-volt electric drive for fast charging and large cylindrical battery cells

Beijing has condemned a US plan to review procurement of mature-node chips from China, as it likely fears the move will create further upheaval in its volatile chip sector

The National Development and Reform Commission said on Saturday it had identified thousands of flood control and disaster relief projects under a $140bn plan to boost the economy