Global News


18 July 2018 - India imposes 25pc duty on China, Malaysia solar cells
  1. More India has imposes a 25 per cent safeguard duty on solar cells from China and Malaysia, saying the overseas supplies have caused or threatened "serious injury" to domestic manufacturing
17 July 2018 - Great Wall Motor, BMW form joint venture to produce new energy vehicles
  1. More Great Wall Motor Company Lts (GWM) nad BMW Holding BV have entered into a joint venture in the global market
16 July 2018 - Southeast Asia's growth could be the trade war's next casualty
  1. More For Southeast Asia’s biggest economies, 2018 wasn’t supposed to be like this
16 July 2018 - CFM: No rise in engine output pace
  1. More Company already on track to deliver more than 2,100 units in current record year
15 July 2018 - Rolls-Royce plans for take-off in flying taxi market
  1. More British jet engine maker Rolls-Royce has designed a propulsion system for a flying taxi and is starting a search for partners to help develop a project it hopes could take to the skies as soon as early next decade
13 July 2018 - BMW to own majority stake in China car venture
  1. More Beijing follows through on pledge to open economy to global firms
12 July 2018 - China-U.S. trade war hots up
  1. More Washington mulls fresh tariffs on another US$200b in Chinese good
10 July 2018 - Marathon pow-wow ends in a soft Brexit plan
  1. More Hard Brexiteers, perhaps because of political expediency or survival, are giving May the benefit of the doubt
09 July 2018 - Philips may move manufacturing ops out of UK
  1. More Dutch health technology company Royal Philips NV may move manufacturing out of the United Kingdom in the event of a hard Brexit, as its chief executive officer (CEO) warned that such outcome would be a "serious threat" to the viability of its operations in the country
07 July 2018 - China-U.S. trade war begins
  1. More Washington pulls trigger on 25pc duties on US$34b in products, Beijing responds in kind
06 July 2018 - Trade war impact on commodity markets will be very small
  1. More Commodity bull Goldman Sachs group Inc has poured cold water on the notion that a trade war between the United States and China represents a serious threat to raw materials, saying most f them aren't likely to be significantly impacted, and after recent declines now's the time to buy
06 July 2018 - Renault, Nissan set 2 year deadline
  1. More Solution to cement ties needed before Ghosn steps down as CEO of French carmaker in 2022, say sources
04 July 2018 - India's tax perform shows mixed results
  1. More GST brought in average 975.4b rupees a month in revenue from April to June, compared with government target of 1.1 tril rupees
03 July 2018 - Nissan scraps sale of battery unit
  1. More China's GSR Capital lacks funds to complete US$1b deal
28 June 2018 - Steel giant JSW invests US$1bil into US and more will follow
  1. More India’s top steelmaker JSW Steel Ltd says it is scouting for more deals in the US and Europe to expand its global footprint, betting that vibrant growth will underpin demand in overseas markets and complement a boom at home that’s seen the mill ramp up local output
28 June 2018 - BYD to build world's largest vehicle-battery factory
  1. More BYD Co is building what would become the world's largest vehicle-battery factory next year in an effort by the Chinese electric car maker to increase capacity and help revive earnings growth
26 June 2018 - Japanese networking site Wantedly looks to expand in Southeast Asia, help companies ‘date’ millennials
  1. More Wantedly Inc., the Tokyo-listed job recruitment networking company, is considering expanding into Malaysia and Vietnam after setting up in Singapore as it steps up its presence in Southeast Asia
26 June 2018 - China, EU to fight protectionism
  1. More There’s risk of meaningful slowing in an otherwise vibrant economy
26 June 2018 - These are the world’s most expensive cities for expats
  1. More Hong Kong is the world’s most expensive city for expatriates, according to an annual cost of living report produced by consultancy Mercer.
26 June 2018 - LG Display is set to open China OLED plant, braces for competition
  1. More LG Display Co is close to starting OLED production at a new factory in Guangzhou to sell more of the next-generation screens, even as Chinese rivals gear up to enter the market.
26 June 2018 - Italy working to put one million e-cars on roads
  1. More The populist government in Italy, Europe’s most sluggish market for electric cars, has a bigbang plan to put one million of the vehicles on the nation’s roads. Getting anywhere near that target could cost the state US$10bil in incentives.
26 June 2018 - U.S. plans curbs on China investments
  1. More Security risks cited for law that will affect sensitive industries
25 June 2018 - U.S. plans limits on Chinese investment in US technology firms
  1. More The U.S. Treasury Department is drafting curbs that would block firms with at least 25 percent Chinese ownership from buying U.S. companies with “industrially significant technology,” a government official briefed on the matter said on Sunday
25 June 2018 - Car tariffs? Europe is ready to retaliate as trade dispute grows
  1. More The European Union says it will continue a tit-for-tat escalation in its trade dispute with the US while countering President Donald Trump’s assertion that the US is being treated unfairly by the 28-nation bloc
22 June 2018 - Daimler predicts profit hit on trade war
  1. More It becomes 1st prominent company to cut earnings forecast due to US-China spat
21 June 2018 - Iran rejects potential
  1. More Riyadh may act unilaterally as it did in 2011 after a meet ended without a deal
21 June 2018 - Boeing inks US$6.6b deal with FedEx
  1. More Firm to buy 24 cargo aircraft, plans to boost order book
20 June 2018 - India must boost depth and durability of ASEAN ties
  1. More Act East strategy has yielded more for Indian engagement with others than with Asean
19 June 2018 - Volvo plans to use 25pc recycled plastic in car models from 2025
  1. More At least 25 per cent on the plastics used in new Volvo car models from 2025 will be from recycled materials, said the Chinese-owned company in an anti-pollution plan praised by the United Nations
13 June 2018 - Semiconductor fab equipment spending to grow 14% y-o-y in 2018, says SEMI
  1. More Global semiconductor fab equipment spending is projected to grow 14% year-on-year (y-o-y) in 2018, according to the US-based Semiconductor Equipment Materials International's (SEMI) World Fab Forecast
13 June 2018 - 'U.S. losing global sway'
  1. More World economy has more legs to stand on, says Norway PM
13 June 2018 - 'Opec should resist pressure to boost suply'
  1. More Iraq said Organisation of the Petroleum Exporting Countries (Opec) should resist pressure to increase oil supplies, strengthening opposition to plans by Saudi Arabia as the group prepares to meet next week
13 June 2018 - Xiaomi worth twice that of Apple?
  1. More Company deserves to trade at premium due to its market-share gains, faster growth trajectory, says Morgan Stanley
12 June 2018 - Trade tensions drive Chinese auto investors from U.S. to Europe
  1. More Chinese auto investors are increasingly pouring money into Europe rather than the United States, because of intense U.S. scrutiny of their deals under the Trump administration, according to industry sources and M&A data
12 June 2018 - Biggest AI startup boosts fundraising to US$1.2 bil
  1. More SenseTime Group Ltd has raised US$620 million at a valuation of more than US$4.5 billion, just months after scoring a similar amount from investors led by Alibaba Group Holding Ltd. and Singapore’s state investment firm
08 June 2018 - S-E Asia economies to see mild 4.9pc expansion
  1. More Southeast Asia economies are expected to experience milder growth this year despite solid start to the year according to ICAEW's latest Economic Insight: Southeast Asia report
08 June 2018 - Intel, Daimler-backed German startup wants to become Uber of the skies
  1. More Forget autonomous cars - your next taxi might whiz you across town through the air
08 June 2018 - China to buy US$70b worth of U.S. goods
  1. More Beijing willing to expand imports if Washington drops plans to impose tariffs
08 June 2018 - Flying car start-up backed by Google’s Page offers test flights
  1. More A flying car project backed by Google co-founder Larry Page was closer to take-off on Wednesday, with a model for test flights by aspiring buyers
07 June 2018 - Huawei to invest over US$80m in SEA region
  1. More Huawei Technologies Co Ltd is pouring US$81 million (approximately RM321.6 million) into Southeast Asia (SEA) over the next three years, to enable cloud developers, build OpenLabs, and cultivate information and communications technology (ICT) talent in the region
05 June 2018 - 'Airports facing capacity crisis'
  1. More But IATA urges caution as governments increasingly turn to private sector for investment
31 May 2018 - U.S. to slap tariffs soon on steel, aluminum from EU -WSJ
  1. More ​The United States will soon announce plans to impose tariffs on steel and aluminum from the European Union, possibly as early as Thursday, the Wall Street Journal reported on Wednesday, citing people familiar with the matte
31 May 2018 - GM unit braces for new U.S. tariff plan
  1. More Higher tax can 'make or break' South Korea subsidiary which has pledged to stay in Seoul for at least 10 years
30 May 2018 - IMF maintains China's 2018 GDP growth forecast at 6.6 percent
  1. More The International Monetary Fund (IMF) kept its 2018 forecast for China’s economic growth unchanged at 6.6 percent, according to a statement released on Wednesday following a visit by an IMF team to the world’s second-biggest economy this month
30 May 2018 - Quotas may leave U.S. allies worse off
  1. More Non-exempt countries can make trade profitable even with 25pc tariffs
30 May 2018 - Nestle to cut 500 jobs in Switzerland
  1. More Move comes as world’s biggest food company eyes higher profit
30 May 2018 - A.I. beats docs at cancer diagnoses
  1. More Study finds most dermatologists outperformed by computer in detecting skin cancer
23 May 2018 - South Africa offers carmakers 'generous' tax breaks
  1. More South Africa is proposing carmakers including Toyota Motor Corp, Ford Motor Co and BMW AG more than double production in return for tax breaks so generous that the companies can ship the cars all the way to Europe
21 May 2018 - U.S., China agree to end trade row
  1. More Beijing will 'significantly' increase its purchases of American goods, according to joint statement
17 May 2018 - China's city of Tianjin to set up $16-billion artificial intelligence fund
  1. More China’s northern port city of Tianjin announced plans on Thursday to set up funds worth 100 billion yuan ($16 billion) to support the artificial intelligence industry, official news agency Xinhua said
17 May 2018 - China does not want to see escalation in Sino-U.S. trade tension
  1. More China does not want to see escalation in Sino-U.S. trade tensions, its commerce ministry said on Thursday, expressing hope that the two sides could minimize conflict during talks being held in the United States
17 May 2018 - India's Biggest Steelmakers Plan Record Output on Strong Demand
  1. More India’s biggest steelmakers are set to expand production to a record after reporting solid quarterly earnings amid strong steel prices
15 May 2018 - Europe not using good economic growth to reform, IMF says
  1. More European economic growth is strong, mainly thanks to domestic demand, but governments are not taking sufficient advantage of the good times to reduce their debt and implement reforms, the International Monetary Fund said in a forecast on Tuesday
15 May 2018 - Plan to oppose Trump’s tariffs
  1. More US retail group to start ad campaign against trade barriers
14 May 2018 - Tata Power plans US$5 bil push to boost renewable capacity
  1. More Tata Power Co, one of India’s largest private power utilities, is planning to invest as much as US$5 billion to ramp up its renewable capacity fourfold, according to its top executive
14 May 2018 - Why Asia will come out on top as emerging markets get shaken up
  1. More The turbulence seen across emerging markets is following a similar pattern to a crisis that rocked global trading more than two decades ago -- it involved tequila
07 May 2018 - Fear not China presence in Pakistan
  1. More While South Asian investments get headlines, Malaysia gets the money
07 May 2018 - Australia needs to trim corporate tax to compete globally
  1. More Australian businesses need a lower corporate tax rate to help them compete with global rivals and to encourage investment, Treasurer Scott Morrison said ahead of tomorrow’s national budget
04 May 2018 - GM bets on 3D printers for cheaper and lighter car parts
  1. More General Motors Co (GM) said it was working with design software company Autodesk Inc to manufacture new, lightweight 3D-printed parts that could help the automaker meet its goals to add alternative-fuel vehicles to its product lineup
04 May 2018 - U.S. asks China to reduce trade imbalance immediately: WSJ reporter on Twitter
  1. More A U.S. trade delegation wants China to cut a bilateral trade imbalance immediately and to stop subsidizing advanced technology, a Wall Street Journal reporter wrote on Twitter on Friday, citing a document issued to the Chinese before talks
03 May 2018 - Conflict to go high tech?
  1. More China prepares semiconductor sector for battle as US trade team arrives for talks
02 May 2018 - Extension for Canada, EU, Mexico
  1. More United States President Donald Trump has postponed the imposition of steel and aluminum tariffs on Canada, the European Union and Mexico until June 1, and has reached agreements for permanent exemptions for Argentina, Australia and Brazil, said the White House
30 April 2018 - Saudi Arabia launches multi-billion dollar resort
  1. More Mega project breaks ground on 334 sq km site near Riyadh
30 April 2018 - US, China trade tensions a pressing concern for Southeast Asia — Singapore PM
  1. More Singapore Prime Minister Lee Hsien Loong said on Saturday a mounting trade spat between the United States and China was one of the most pressing concerns for Southeast Asian nations
30 April 2018 - China factory gauge holds up as services exceed estimates
  1. More A gauge of activity at China’s manufacturers remained robust as services strengthened for a second month, signaling that the economic expansion is intact
28 April 2018 - Windmills making clean energy mainstream
  1. More The largest rotor blades can reach 82m in length, comparable to the wingspan of an Airbus A380, the world's largest commercial plane
26 April 2018 - Geely unit partners Japan's Aisin
  1. More Joint venture pact covers production and sales of high-end automatic six-speed gearboxes
25 April 2018 - GM, South Korea in talks to raise investment plan from US$2.8b - source
  1. More General Motors and South Korea are in talks to increase the size of their investment in the US automaker's local unit from a previously proposed US$2.8 billion, a senior government source with direct knowledge of the matter said on Wednesday
25 April 2018 - Lilium hires designer behind iconic car brands
  1. More Lilium, a German startup with Silicon Valley scale ambitions to put electric "flying taxis" in the air next decade, has hired Frank Stephenson, the designer behind iconic car brands including the modern Mini, Fiat 300 and McLaren P1
25 April 2018 - What's behind the trade battle with China
  1. More Trade tensions between the United States and China exploded last month as the countries started threatening each other with new tariffs
25 April 2018 - Volvo Cars CEO on US-China trade tariffs: 'We are very worried'
  1. More Retaliatory trade tariffs between the world's two largest economies could end up hurting automobile buyers, Volvo Cars CEO Hakan Samuelsson warned on Wednesday
25 April 2018 - Google triples capex to US$7.7bil
  1. More Company spending big to catch up with biggest rivals
24 April 2018 - Philips on lookout for acquisitions
  1. More Manufacturer of medical equipment plans to sharpen health focus
23 April 2018 - Trade tension and its impact on the US economy
  1. More Of the 25 US companies seen by Credit Suisse as most exposed to a trade war, more than half will report their results this week
23 April 2018 - Door open for US-China talks, says IMF chief
  1. More The gathering of world finance ministers began with heightened anxiety about the potential damage a United States-China trade war could do to the economic recovery but ended on Saturday with a door open to negotiations
21 April 2018 - IMF urges governments to avoid harming trade and investment
  1. More With the United States-China frictions hanging over its annual meeting, the International Monetary Fund (IMF) on Thursday warned governments to avoid harming trade and investment, which have been key drivers of the global economic recovery
20 April 2018 - Japan ready for U.S. trade deal talks
  1. More Tokyo cot committing to bilateral pact but may try to get Washington to rejoin CPTPP
19 April 2018 - Nornickel in talks with battery makers
  1. More Russia's Norilsk Nickel (Nornickel) is in talks with battery makers over possible investment in its mining assets, but is also interested in downstream joint ventures in return, said a company executive
19 April 2018 - Nestle confirms outlook as volume growth picks up
  1. More Food group Nestle confirmed its full-year guidance after organic sales growth accelerated to 2.8% in the first quarter of 2018, helped by improving volumes
18 April 2018 - IMF spots trouble ahead for the global economy after 2020
  1. More The International Monetary Fund predicted the world economy’s strongest upswing since 2011 will continue for the next two years, but warned the seeds of its demise may have already been planted
18 April 2018 - China removes auto ownership cap
  1. More China will allow foreign automakers from Volkswagen AG (VW) to Ford Motor Co to own more than 50% of local ventures, removing a two-decade restriction and giving a boost to global companies seeking to capture a greater share of the world’s largest car market
16 April 2018 - China growth slows in Q1
  1. More Economy expected to have expanded 6.7pc in January - March period, down from 6.8pc in Q4 last year
12 April 2018 - Trade war is risk for export-led Southeast Asia, World Bank says
  1. More The World Bank warned that a trade war between the US and China will hurt economies in Southeast Asia since they rely on exports for growth
12 April 2018 - ADB sees 6pc growth for developing asia
  1. More Higher forecast due to pick-up in global export demand
11 April 2018 - Pledge to cut tariffs, boost market access
  1. More China may raise foreign ownership limit in automobile, shipbuilding, aircraft sectors
11 April 2018 - Robots and AI are available everywhere
  1. More But where is the productivity growth?
11 April 2018 - China’s Xi pledges greater openness amid Trump trade dispute
  1. More Xi reiterates pledge to reduce import tariffs on vehicles amid trade spats with US
10 April 2018 - Analyst view: China's Xi promises to open economy, lower tariffs
  1. More Chinese President Xi Jinping on Tuesday promised to open the country’s economy further and lower import tariffs on products including cars, in a speech that struck a conciliatory tone amid rising trade tensions between China and the United States
10 April 2018 - Xiaomi pushes for suppliers to invest in India
  1. More Move by smartphone maker could potentially create 50,000 local jobs
10 April 2018 - Cities running on car batteries? Just so crazy it might work
  1. More When Damien Maguire moved to the countryside outside Dublin, he struggled to keep the lights on at home because of the town’s constant power outages. He found a solution inside his electric cars: their batteries
09 April 2018 - Wages too high in Europe’s Eastern workshop
  1. More Countries need to up-skill workers to match higher salaries as region faces skills shortage
09 April 2018 - Saudi sees chemical, oil-refining bonanza along US gulf coast
  1. More Saudi Arabia signalled its intent to expand chemical production along the US Gulf Coast and potentially double the size of North America’s biggest oil refinery
09 April 2018 - Dutch rolls out 'orange carpet'
  1. More Lobbyists urges firms leaving Britain to pick Rotterdam or Amsterdam as base
07 April 2018 - US$100b more extra tariffs
  1. More Trump threatens additional measures but Beijing vows to fight back 'at any cost'
06 April 2018 - S-E Asia wary of fallout but 'impact minimal for now'
  1. More Policymakers across Southeast Asia are bracing for fallout from United States-China trade war, turning their focus on bolstering their domestic markets to cushion the blow
05 April 2018 - Beijing strikes back
  1. More China responds with own list of duties on US goods including planes, cars and beef
05 April 2018 - Vestas taps car battery know-how for power storage
  1. More The output from solar and wind is very intermittent and we need to even that out
05 April 2018 - US-China trade war escalates
  1. More Asian markets see red as both countries unveil new tariff lists
04 April 2018 - Manufacturing boom slows but still robust
  1. More The eurozone's manufacturing boom stumbled for a third month last month as optimism waned and demand ebbed, a survey showed yesterday, but output remained robust and expansion was still broadbased across the region
04 April 2018 - US tariff list aims at technology China wants to dominate
  1. More The US proposed imposing 25% tariffs on about US$50 billion worth of Chinese-made products, focusing on high-tech items from semiconductors to lithium batteries while seeking to minimize the impact on American consumers

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Last Updated : Thursday 19th July 2018