Markets in Hong Kong, Shanghai and many other Asian capitals fell on Monday after Trump moved to curb Chinese investment in the US

Rumours of TSMC potential tie-up with Intel sparked concern in Taiwan about losing its 'silicon shield' while White House said it was 'unlikely' to hand over American chip facilities to foreigners

Insiders say the White House is concerned about many of the terms underpinning the $39 billion Chips and Science Act industry subsidies

As Donald Trump tests America's ties with some of its closest allies, China is quickly emerging as the West's hedge against his tariff threats

Nissan did not want to be a Honda subsidiary, according to sources reported by Nikkei; its board is now reportedly reconsidering it's options

Carmakers of both EVs and Japanese firms like Toyota have had to offer big discounts as they are locked in a bruising price war, while the economy is sluggish

The global energy transition needs to average $5.6 trillion a year from 2025 to 2030 to meet net zero emissions by 2050; current investment levels are only 37% of what's required despite topping $2 trillion

The investment will be made by the Singapore unit of TikTok's parent Bytedance and the data centre will support companies affiliated with the popular short-video site

The carmaker, which already has a factory in Thailand, aims to complete a $1 billion plant on Java, Indonesia's main island, by the end of this year, producing EVs for local sale and export

Trump noted on his first day in office the de minimis law, which allows over a billion products to be mailed to the US every year, is unlikely to survive for long

Currency traders and stock markets have been rocked by Trump's return to the White House, which has brought joy and disappointment. Investors are still trying to envision how things will play out

"Trump wants a deal. Otherwise, he would have shot up China on day one," Alicia Garcia Herrero, chief economist for the Asia Pacific at Natixis, said