Latest News: Regions
Shares of Nvidia plunged by 17% on Monday, wiping nearly $600 billion from the chipmaker's market value, a record one-day loss for any company.
At least four plants with a combined annual processing capacity of 18 million metric tons either closed crude oil distillation units this month or plan to in February after Beijing cut tax rebates
American billionaires and tech giants are falling over each other to get their bids in for TikTok
If the battery-maker's listing goes through as it plans, it would be the largest globally so far for the year...
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US Firms Seen Getting Chinese Rare Earth Permits After Truce12 May 2025
Industry sources expect Beijing to ease process for US firms to get export licences for rare earths, while Australia is looking to set up a strategic reserve stockpile of critical minerals...
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Asian Markets Rise After US, China Agree to Cut Majority of Tariffs12 May 2025
Asian markets rose, while the yuan and the dollar both surged after China and the US both said they have agreed to slash tariffs for 90 days...
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Nvidia ‘to Modify H20 Chip for China to Meet New US Export Limits’09 May 2025
Nvidia will downgrade its H20 chip for China, with specifications that will slash its memory capacity, but a source said customers may also be able to adjust the new chip...
Countries in Central and South Asia continued to see some of the worst air quality, with India's New Delhi being the most polluted capital city in the world...
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Momentick Unveils First Emissions Risk Management Service14 Jan 2025
The group, which describes its business as "emissions intelligence," has raised an extra $5 million to enter the insurance sector to focus on emissions risk management....
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Billion-Dollar Oil Fraud in Mongolia Hits Trafigura Profit13 Dec 2024
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...
Beijing has grown increasingly alarmed about the impact of US tariffs on the economy and the risk of isolation as other countries started negotiating deals with Washington...
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China’s Steelmakers Hit by Wave of Tariffs, Plunge in Export Orders08 May 2025
Second quarter steel shipments are expected to plunge by about 20-30% after the US imposed a 25% tariff in March and other countries involved in trans-shipment followed suit ...
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BYD Plants Seen Generating Big Sales in Europe, South America08 May 2025
China's most successful carmaker is eyeing major growth from plants it is building in Europe and South America, and hopes to have half its sales overseas by 2030...
The Modi government has said its will slash its tariff gap with the US to less than 4% from nearly 13% – in a bid to be exempt from Trump's tariff hikes, sources have revealed...
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US to Rejig Export Curbs for AI Chips, ‘Shift to Licensing Deals’08 May 2025
Trump administration officials are looking to dump the tiered approach to access to advanced chips and shift to a global licensing regime with government-to-government agreements, sources say...
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Pakistan Worries Loom Over Foreign Investors’ $5bn India Buying Spree07 May 2025
India’s escalating conflict with Pakistan could put at risk its image as a ‘safe haven’ amid global economic turmoil...
Asian currencies have surged on the back of a wave of dollar selling, which suggests regional investors are baulking at the long trend of investing in US assets...
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US Lawmakers Push Location-Tracking For High Powered AI Chips06 May 2025
Lawmaker says technology to track chips is readily available, while there is bipartisan support for requiring companies like Nvidia to build location-tracking into their high-powered AI chips...
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Japan Tells US: No Trade Deal Unless Auto Tariffs Reviewed05 May 2025
Japan says tariffs imposed on autos, steel and aluminium cannot be excluded from trade talks, because the auto sector is a core national industry...
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