Latest News: Regions
Musk said previously that killing the subsidy may slightly hurt Tesla sales, but would devastate its US EV rivals. However a major auto trade group wants the credits retained
China's motive for developing the port was access to Brazil, as a $3.5 billion rail link is planned to carry exports like soybeans and iron ore to the port
Every business headed by Musk, including Tesla, SpaceX, Neuralink, social media platform X and artificial intelligence startup xAI has intersections with the federal US government
US senators have introduced a bill to stop batteries being purchased from six Chinese companies, amid concern domestic power grids could be destabilised, after rogue devices were found in Chinese solar power inverters...
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US Tariff Pause Puts Heat on China+1 Trade Via SE Asia, Mexico13 May 2025
Analysts say countries in Southeast Asia like Vietnam, Thailand and Malaysia, plus Mexico, who are part of the China-plus-one supply chain, will need to make better deals with Washington. ...
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China Touting Geneva Trade Agreement With US as a Victory13 May 2025
State media have hailed the big tariff cuts agreed with US officials as a result of Beijing's tough countermeasures and negotiating skills; shipping companies expect cargo loads to 'explode' in coming months...
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China’s CATL Looking to Raise $4 Billion In Hong Kong Listing12 May 2025
If the battery-maker's listing goes through as it plans, it would be the largest globally so far for the year...
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...
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...
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...
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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Asian Currencies Soar as Investors Dump The US Dollar06 May 2025
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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