Latest News: Regions
Chinese state media says the development could lead to “overwhelmingly unfavourable consequences” for Taiwan and global chip supply chains
US court appears to see control of the app as the key issue in the case, and a top analyst says the world is entering a dangerous phase as US-China ties 'decouple'
New rules will cap exports of AI chips to adversaries such as China and Russia, while allowing US companies and close allies unlimited access
Latest US probe finds China subsidized labour costs in the shipbuilding as part of plan to dominate the sector; analysts say it opens the door to tariffs by Trump ...
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New US Sanctions ‘Will Cut Russian Oil Shipped to China, India’13 Jan 2025
The likely disruption to Russian supply drove oil prices to their highest in months on Monday. Much will depend on whether Trump lifts the embargo and if China acknowledges it...
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TikTok Ban: Supreme Court Case Begins, Billionaire Bids For App10 Jan 2025
The app and its Chinese parent have maintained that selling off US operations was not possible as it would be a complicated process that would also be prohibited by Beijing...
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US to Finalise Rules Against Chinese Cars, Software Next Week10 Jan 2025
Despite the Biden Administration’s push to finalise those rules, however, their implementation will come down to President-elect Donald Trump who takes office in a little over a week...
Trafigura attributed the majority of debts owed by its counterparty in the country, Lex Oil, but its own internal probe is ongoing to try to locate around $500 million....
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Ruble Plunges After US Sanctions GPB, Dozens of Russian Banks28 Nov 2024
The Russian central bank moved on Thursday to stop foreign buying of the ruble in the domestic market after the currency slipped to its lowest since March 2022...
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China Eyes Minerals, Offers Afghan Taliban Tariff-Free Trade25 Oct 2024
President Xi said at a summit in Beijing last month that from December goods from least developed countries with diplomatic ties to China would not be subject to import duties...
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Xi And Modi End Five-Year Standoff at BRICS Summit in Russia24 Oct 2024
Modi said BRICS should not project itself as an alternative to global bodies, but rather try to reform organisations and help humanity....
China's central bank is expected to cut rates and deploy its biggest stimulus in years to bolster its economy and soften the blow from higher US tariffs...
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Nearly One in Every Two Cars Sold in China Was Electric in 202409 Jan 2025
A brutal price war between automakers and millions of dollars worth of government subsidies fuelled a record boom in sales of EVs in China last year...
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Practical Use Of Quantum Computers 20 Years Away: Nvidia Chief09 Jan 2025
Huang’s statements triggered an $8 billion meltdown in the four biggest quantum computing shares in the US...
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...
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Overseas Investors Quit Asian Equities After Trump’s Poll Win07 Jan 2025
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...
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Neighbours Worried About China’s Giant New Dam in Tibet27 Dec 2024
China is seen as a coercive neighbour that 'weaponizes' water projects to the detriment of neighbouring states. India and Bangladesh regard the Brahmaputra as a vital resource, but China refuses to abide by UN transboundary river rules ...
Official data on Thursday showed factory-gate prices falling for a second straight year in 2024, while consumer prices only rose marginally...
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Can Musk’s Ties With Trump Overcome US Military Ban on CATL?08 Jan 2025
Some analysts think Musk's close ties with incoming President Donald Trump might allow Tesla some kind of waiver from potential future restrictions on the Chinese battery giant...
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Tencent and CATL Shares Sink After Listing by US Defence Dept07 Jan 2025
Chinese tech giant and biggest battery maker say the move is 'clearly a mistake' as they are not military firms, or suppliers or engaged in military-related activities. They could sue the Pentagon....
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