India-Russia Oil Deals Erode Dollar’s Currency Dominance

Sanctions on Russia are slowly eating away at the dollar's dominance by encouraging Asian traders such as India to use…

3 weeks ago

Nissan Credit Rating Downgraded to Junk Status by S&P

The Japanese auto giant’s outlook was still stable, said S&P, citing its financial discipline and sound balance sheet

4 weeks ago

Japan Destroys Failed Flagship Rocket 14 Minutes After Launch

The rocket’s failure dealt a blow to Japan’s efforts to cut the cost of accessing space and compete against Elon…

4 weeks ago

China’s Xi Admits Mixed Feelings on CATL’s EV Battery Success

Xi was quoted as saying he was "both happy and worried" – glad about its lead position in the global…

4 weeks ago

Foxconn EV Plans Speed Up With US GM Plant, Nissan Exec Hiring

The Apple contractor has been carefully building an electric vehicle supply chain including the purchase of an Ohio auto production…

4 weeks ago

Indonesia Looks to Boost its EV industry With New Incentives

"We are finalising negotiations with two big global car producers. We hope this new policy will make our position much…

4 weeks ago

$10m Cost for US to Curb Risky Outbound Investment

A US Treasury report said a programme to block US investment going to advanced tech sectors in countries deemed to…

4 weeks ago

Honda Chief Backs EV Shift But Says Fuel Engines Won’t Vanish

The automaker’s CEO Toshihiro Mibe said developments on new low-carbon e-fuels could help keep combustion engines around for another 20…

4 weeks ago

Adani Shares Rally After $1.9-Billion GQG Stock Buy-up

Adani Enterprise stock was up 16% on Friday, while other group firms rose by 5-10% near the close of trading,…

4 weeks ago

BYD New Energy Car Sales up 119% From 2022 – Yicai

Auto giant BYD says it sold 193,655 new-energy vehicles in February – a big jump from a year earlier –…

4 weeks ago

EV-Maker VinFast Finally Delivers First Cars to US Customers

The Vietnamese auto firm had sent 999 vehicles to California in November but then had to stall deliveries for two…

1 month ago

China’s Low-Earth Satellites Push in Starlink Catch-Up Bid

The state-backed China Aerospace Science and Industry Corp will launch the first LEO satellites of a planned constellation in September

1 month ago