Latest News: Regions
A rise in the value of the dollar has hit the Southeast Asian currency and caused an 18% spike in the trade deficit over the first 11 months of 2024
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
Huang’s statements triggered an $8 billion meltdown in the four biggest quantum computing shares in the US
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...
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India Seeks Quick Trade Deal With Trump, Offers to Slash Tariffs09 May 2025
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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Fear of Huge Job Losses Led to China’s Move to Discuss Tariffs09 May 2025
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...
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...
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...
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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...
India’s escalating conflict with Pakistan could put at risk its image as a ‘safe haven’ amid global economic turmoil...
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US Has Reached Out to Discuss Tariffs, China’s State Media Says01 May 2025
Outlet says the US approached Beijing to hold talks on tariffs; Trump says "potential" trade deals are lined up with India, South Korea and Japan...
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US Says One of its First Trade Deals Will be With India29 Apr 2025
Higher US tariffs on dozens of countries are due to take effect on July 8 unless deals are reached before a 90-day pause ends...
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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