Tesla's new Model 3 sedan is displayed next to a Model X SUV at the China International Fair for Trade in Services in Beijing last September.
Automobiles

Tesla shares rally as Q2 deliveries fall less than expected

Incentives help EV maker achieve increase from previous quarter

3 July 2024
North Korean leader Kim Jong Un speaks at a plenary meeting of the Central Committee of the ruling Workers' Party of Korea. (KCNA via Reuters)
Economy

North Korea's Kim talks up economy amid closer Russia ties

Food shipments seen easing shortage as farming and China trade recover

3 July 2024
The four companies were added to the U.S. Entity List for their connections to the training of China's military forces.
US-China tensions

U.S. adds four firms to trade restriction list for China military links

Washington adds total of six companies to Entity List, citing national security

3 July 2024
Xpeng holds a launch event in Cairo this June for two EV models in Egypt. (Xpeng)
Electric cars in China

China EV makers Neta, Xpeng turn to Africa amid European backlash

Emerging markets gain shine as Europe preps higher tariffs on China-built models

3 July 2024
Geely Automobile Holdings has upgraded its 2024 export target to 380,000 units from 300,000, despite new European Union tariffs set to affect the company.
Automobiles

Geely raises annual export target on eve of European punitive tariffs

Chinese automaker stresses 'limited' impact while feeling pinch in premium EV brand

3 July 2024
Tata Steel workers in Port Talbot and Llanwern have suspended a strike as talks between their trade union and company continue over future investment. 
Work

Tata Steel workers in U.K. suspend strike action

Around 1,500 workers at Port Talbot, Llanwern were due to begin indefinite strike

1 July 2024
U.S. core inflation increased 2.6% year-on-year in May, the smallest advance since March 2021, after rising 2.8% in April.
Inflation

U.S. inflation cools in May; consumer spending rises moderately

Flat reading on prices boosts hope for Fed interest rate cuts this year

28 June 2024
Supporters of Iranian presidential candidate Saeed Jalili hold posters of him on a street in Tehran.
Politics

Iranians vote in presidential polls as economic crisis bites

U.S. elections could shift standoff over Tehran's disputed nuclear program

28 June 2024
From left, Japanese Economy, Trade and Industry Minister Ken Saito, U.S. Commerce Secretary Gina Raimondo, and South Korean Trade, Industry and Energy Minister Ahn Duk-geun in Washington on June 26. (Photo by Shunsuke Ushigome)
International relations

U.S. and Japan face disconnect over further China chip controls

Trilateral with South Korea produces agreement on supply chain cooperation

28 June 2024
A billboard with a picture of Iran's late President Ebrahim Raisi and the country's new presidential candidates is displayed on a street in Tehran.
Your Week in Asia

Iran picks new president, China lawmaking body meets, Vietnam GDP

Your weekly lineup of Asia's biggest business and political events

23 June 2024
German Economy Minister Robert Habeck, left, with Zheng Shanjie, chairman of China's National Development and Reform Commission, before in Beijing on June 22.
Electric vehicles

China and EU set for talks on planned EV tariffs

German economy minister hails pledge for concrete negotiations

23 June 2024
Shipping containers wait for processing in Long Beach, California.
U.S. elections 2024

Biden-Trump debate: Where they stand on the economy and trade

Neither candidate shows willingness to sign new free trade deals

22 June 2024
The European Union's move to slap higher tariffs on Chinese electric vehicles is drawing pushback from Germany and its automakers. (Nikkei montage/Photos by Reuters)
Automobiles

German automakers pressure EU leaders to drop China EV tariffs

European Commission's move politically driven, harms local industry, insiders say

22 June 2024
Visitors check out BMW's exhibit at the Beijing auto show in April. China has hinted at raising tariffs on European cars with high-displacement gas engines, with state media warning "BMW and Mercedes-Benz will bear the brunt."
Trade

China, Europe in EV tariff stare-down as Beijing drops retaliation hints

With two weeks before levies kick in, observers weigh possible deal or 'limited' payback

20 June 2024
Russia's President Vladimir Putin meets with North Korean leader Kim Jong Un upon his arrival in Pyongyang on June 19.
International relations

Russia's Putin lands in North Korea for talks with Kim Jong Un

Need for ammunition in Ukraine war seen as an impetus for first visit in 24 years

19 June 2024
An Air China plane at Beijing's international airport. China is seeing record outflows of rich citizens, research shows, potentially adding to the strain on the economy.
Wealth Management

China to see biggest millionaire exodus in 2024 as many head to U.S.

'Perfect storm' of tensions and uncertainty spurs record global wealth shift, report shows

18 June 2024
EVs to be loaded for exported in Yantai, China in March: Prospects for European companies producing EVs on the continent are grim. (FeatureChina via AP Images)
Opinion

Managed trade isn't good but is best way forward for China and EU

Planned EV tariffs could set off tit-for-tat retaliation that would hurt both sides

18 June 2024
A family member pays respects during the funeral of a Kuwait fire victim, in the Pathanamthitta district of the Indian state of Kerala on June 15. Rampant unemployment in their home country has chased millions of Indians abroad.
Politics

India calls for stronger protections for its overseas workers

Kuwait fire that killed 45 Indians highlights migrants' harsh living conditions

17 June 2024
The China-led Myitsone dam project in Myanmar's Kachin state was designed to produce as much electricity as six nuclear reactors.
Myanmar Crisis

Myanmar revives stalled infrastructure projects with China and Russia

Military regime moves to woo key partners amid pressure at home

16 June 2024
Chinese EV models are likely to remain cost-competitive in Europe even with additional tariffs imposed on them.
Automobiles

EV tariffs expected to slow but not halt China's drive into European market

EU move against 'unfair' state support could spur BYD and others to localize production

13 June 2024
A BYD container ship at the German port of Bremerhaven. The European Commission is poised to slap import tariffs on Chinese EVs. 
Trade war

EU slaps additional duties of up to 38% on Chinese EVs

Beijing threatens retaliation as negotiations begin to avoid application of new tariffs

13 June 2024
The Japanese flag waves at the Bank of Japan building in Tokyo.
Interview

Japan market interventions will not work forever: Kenneth Rogoff

Harvard economist sees need for BOJ to raise interest rates to 1% to 2%

12 June 2024
Drivers push auto rickshaws in a line to buy gasoline from a fuel station in Colombo, Sri Lanka, in July 2022 amid an economic crisis.
Economy

Developing countries face record interest payments as rates rise

Growing debt burden casts shadow over global economic outlook

12 June 2024
A general photo of street in New Delhi. India is set to remain the world's fastest growing large economy. (Photo by Suzu Takahashi)
Economy

India to remain fastest growing big economy in 2024, World Bank says

Global expansion to hold steady at 2.6%; U.S. presidential election a risk for Asia

11 June 2024