Global News


09 October 2018 - India firms win Japan sales
  1. More Imports of ingot from South Asian country doubles in first 8 months amid US sanctions
09 October 2018 - Call to invest US$2.4tril in clean energy yearly
  1. More The world must invest US$2.4 trillion (RM9.96 trillion) in clean energy every year through 2035 and cut the use of coal-fired power to almost nothing 2050 to slow the quickest pace of climate change since the end of the last ice age, according to scientists convened by the United Nation (UN)
05 October 2018 - Carmakers throw money at the future of driving
  1. More GM’s self-driving subsidiary draws big bucks from Japanese companies
05 October 2018 - Nafta’s China Clause Is Latest Blow to Trudeau’s Asia Ambitions
  1. More ​Justin Trudeau dreams of closer Canadian ties with China. The deal he just made with Donald Trump makes it harder for that to happen
05 October 2018 - Italy pivots to China in blow to EU efforts to keep its distance
  1. More ​Italy’s government is scrapping the previous administration’s efforts to limit Chinese investment in strategic sectors in favor of fostering relations with Beijing by volunteering for a role in China’s vast global infrastructure program
04 October 2018 - Nissan warns no-deal Brexit will damage British industry
  1. More ​Japanese carmaker Nissan said on Thursday a no-deal Brexit will have “serious implications” for British industry and urged Britain and the European Union to reach a deal on their future trading relationship
04 October 2018 - Honda to invest $2.75 billion in GM's self-driving car unit
  1. More Honda Motor Co Ltd will invest $2.75 billion and take a 5.7 percent stake in General Motors Co’s Cruise self-driving vehicle unit, to jointly develop autonomous vehicles for deployment in ride services fleets around the world
03 October 2018 - German diesel deal gives drivers choice of hardware fix or trade-in
  1. More Owners of older diesel cars in German cities where the air is particularly polluted should be able to choose between trade-in incentives and a hardware upgrade, coalition parties have agreed according to a paper seen by Reuters
03 October 2018 - Risk of hard Brexit has these Asian companies on edge
  1. More With only six months left before the UK pulls out of the European Union, the chance of a chaotic exit is spooking Asian companies invested in Britain as they face higher tariffs and costs
02 October 2018 - WTO, IMF, World Bank seek 'urgent' international trade reforms
  1. More The World Trade Organisation (WTO), International Monetary Fund (IMF) and World Bank issued an emergency call to reform the multilateral trading system as the United States retreats from prior agreements
02 October 2018 - KKR's Kravis sees Southeast Asia winners in US-China trade war
  1. More KKR & Co is seeking to invest more in Southeast Asia, where companies are poised to benefit from the US-China trade dispute, according to the private equity firm’s co-founder Henry Kravis
01 October 2018 - Asia factory activity sputters as trade woes hit export orders
  1. More Factory activity in Asia weakened in September, with many trade-reliant economies seeing a slump in export orders in a sign that escalating US-China tensions are taking a toll on business confidence
01 October 2018 - Fearing debt trap, Pakistan rethinks Chinese Silk Road projects
  1. More ​After lengthy delays, a US$8.2bil revamp of a colonial-era rail line snaking from the Arabian Sea to the foothills of the Hindu Kush has become a test of Pakistan’s ability to rethink signature Chinese “Silk Road” projects due to debt concerns
01 October 2018 - In a US manufacturing hub, no illusions about tariffs and jobs
  1. More After its furniture industry moved out, Thomasville found other ways to move on
01 October 2018 - Peugeot moves to counter brand apathy
  1. More French carmaker relying on retro styling, futuristic technology to star ahead if rivals
01 October 2018 - China's manufacturers feel pinch as trade war escalates
  1. More Two gauges of activity in China's manufacturing sector worsened last month, reflecting the nation' s economic slowdown and the fallout from the trade war with the United States
01 October 2018 - What oil at US$100 would mean for world economy
  1. More Exporters to enjoy big returns while consuming nations will suffer
28 September 2018 - Emerging Asia Feels Pain as Fed Tightening Ripples Across Region
  1. More ​The turmoil that’s rocked emerging markets this year is spreading from bankers and traders to bakers and tradesmen, dampening growth prospects for some of Asia’s fastest-growing economies
27 September 2018 - Chinese Solar Giant to Make All Its Panels With Just Solar Power
  1. More In a first for the solar industry, China’s Longi Green Energy Technology Co. plans to produce all of its panels using solar power in as little as three years
27 September 2018 - Ford expands partnership talks with VW and Mahindra to cut costs
  1. More With its stock trading near a 6-year low late last month, Ford Motor Co CEO Jim Hackett gathered the automaker's top 300 executives near its headquarters in Michigan for a global leadership meeting
26 September 2018 - In a U.S. manufacturing hub, no illusions about tariffs and jobs
  1. More ​In a town where a 30-feet tall chair is the chief landmark, and which is synonymous with a U.S. furniture industry decimated over the years by imports from China, many greet the possibility of tariffs on Chinese goods with a shrug
26 September 2018 - US-China trade war dims Asia's 2019 growth outlook — ADB
  1. More ​Developing Asia could grow more slowly than previously thought next year as the US-China trade war inflicts damage on the region's export-reliant economies, the Asian Development Bank (ADB) said on Wednesday
25 September 2018 - Tesla is making its own car carriers
  1. More Tesla Inc is building its own car carriers, as the electric carmaker faces vehicle distribution problems
25 September 2018 - Trade war reality sets in as U.S and China stick to their guns
  1. More The world’s two biggest economies are digging in for what could be a long and bruising trade war, testing the resilience of the strongest global upswing in years
24 September 2018 - Asian firms shuffle production around the region as China tariffs hit
  1. More A growing number of Asian manufacturers of products ranging from memory chips to machines tools are moving to shift production from China to other factories in the region in the wake of U.S. President Donald Trump’s tariffs on Chinese imports
20 September 2018 - In a World of Robots, Carmakers Persist in Hiring More Humans
  1. More Car-industry employees concerned that robots will put them out of work needn’t worry -- at least for now
20 September 2018 - Hi-Tech Market Set To Reach USD 16 Trillion By 2030
  1. More Global market research company Euromonitor International presented new research today at IP EXPO Nordic 2018, identifying and discussing the arising global opportunities in the Internet of Things (IoT) business
19 September 2018 - Spectre of new US tariffs
  1. More Analysts expect worsening trade war to cause slowdown in the global economy
17 September 2018 - New technology could replace 28 million jobs in region
  1. More ​Innovations in artificial intelligence (AI) technology, coupled with its increased adoption, will have a big impact on the workforce across Asean over the next decade, according to a new study by Cisco and Oxford Economics
17 September 2018 - Trump to unveil new China tariffs?
  1. More Announcement on 10pc levy on items that include tech and consumer goods may be as early as today
17 September 2018 - China-Asean e-commerce to expand
  1. More Chinese investments in the region growing in areas of e-commerce, logistics and payment
14 September 2018 - 'Firms feeling pain'
  1. More AmCham shows more than 60pc of US and Europe companies hurt by initial tariffs
14 September 2018 - Economists bullish on global growth
  1. More Positive outlook stays despite turmoil in emerging markets
13 September 2018 - Reject protectionism unilateralism, says China
  1. More Chinese Vice Premier Hu Chunhua called for a rejection of protectionism and said unilateral trade policies by some countries posed a "most serious hazard" to the world economy
13 September 2018 - NIO raises US$1b in IPO
  1. More China firm plans to use part of proceeds to develop production facilities, supply chain
12 September 2018 - Renesas to buy IDT in US$6.7b deal
  1. More Japan's Renesas Electronics Corp said it had agreed to buy Integrated Device Technology Inc (IDT) for US$6.7 billion (RM27.82 bilion), its has second major acquisition as it deepens its push into semiconductor for self driving car
12 September 2018 - Singapore plans to attract more investments
  1. More New corporate structure bill offers investors greater flexibility
11 September 2018 - Ma to step down in a year
  1. More Alibaba's charismatic chairman to hand over reins to trusted lieutenant Zhang
10 September 2018 - Asean GDP to soar as SMEs go digital
  1. More Region’s digital economy could see trillion-dollar boost, but non-tariff barriers an issue
10 September 2018 - Trump ups ante on China, threatens duties on nearly all its imports
  1. More ​US President Donald Trump warned on Friday he was ready to slap tariffs on virtually all Chinese imports into the United States, threatening duties on another US$267bil of goods on top of US$200bil in imports primed for levies in coming days
07 September 2018 - Amara Raja plans India battery plant
  1. More Firm eyes slice of country's US$300b market for electric vehicle power packs
06 September 2018 - China exports expected to stay strong
  1. More Shipments likely rose 10.1pc on year despite US tariffs, according to median estimates from 26 countries
06 September 2018 - Facebook to invest $1 billion in first Asian data centre in Singapore
  1. More ​Facebook said on Thursday it will invest more than $1 billion to build its first data centre in Asia in Singapore, slated to open in 2022
06 September 2018 - Toyota recalls one million Prius, C-HR hybrids
  1. More Toyota Motor Corp is recalling more than a million of its Prius and C-HR compact crossover vehicles globally due to the risk of fire
05 September 2018 - Indonesia to hike import taxes on 900 goods, including caviar
  1. More Caviar, chocolate and stretch limousines could get a whole lot more expensive in Indonesia as the government steps up efforts to curb imports and halt a sliding currency
04 September 2018 - Factories take hit
  1. More Protectionism, slower demand weigh on export-reliant countries
04 September 2018 - On Trade War's Front Line, Car Parts Makers See Orders Dry Up
  1. More The U.S.-China trade war threatens to make September a very slow month at E.D. Opto Electrical Lighting Co.’s auto-parts factory in the eastern Chinese city of Zhenjiang
03 September 2018 - U.S., Canada slug it out as deadline looms to clinch NAFTA
  1. More Canada and the United States will make a final push to iron out differences on a pact to modernize the North American Free Trade Agreement (NAFTA) on Friday, with Mexico on standby to return to talks aimed at ending a year of hard-fought negotiations
03 September 2018 - Asian factories feel pinch from escalating trade conflict
  1. More Manufacturing activity in major Asian economies took a hit from weak export orders in August, a sign firms are starting to feel the pinch from intensifying trade friction between the United States and China that many fear could derail global growth
03 September 2018 - Ford may not be the last to terminate a US model over tariffs
  1. More Ford Motor Co is unlikely to be the last to say forget it to a vehicle that doesn’t make financial sense for the US market anymore thanks to Donald Trump’s trade wars
01 September 2018 - Nestle wants your DNA
  1. More Wellness segment may eventually account for half of company's sales in Japan
01 September 2018 - Coca-Cola gains taste for coffee with £3.9b Costa deal
  1. More Deal for UK chain, which operates in 32 countries, is soft drink maker's biggest push into operating stores
29 August 2018 - India plans to fill gap left by US exports to China
  1. More The country is positioning itself to benefit from trade war
28 August 2018 - Toyota to invest $500 mln in Uber for self-driving cars
  1. More ​Toyota Motor Corp will invest $500 million in Uber to jointly work on developing self-driving cars, a source familiar with the matter said on Monday, a bid by both companies to catch up to rivals in the hotly competitive autonomous driving business
28 August 2018 - EU trade truce with Trump lifts German business morale
  1. More ​German business morale improved for the first time this year in August as a trade truce between the European Union (EU) and United States made company executives less concerned about a transatlantic trade war
28 August 2018 - Trade war pushes Japanese supply chains out of China
  1. More Asahi Kasei and Komatsu juggle global production to avoid US tariffs
27 August 2018 - Powerchip to build $9bn chip manufacturing plants in Taiwan
  1. More Founder and CEO says island's chip sector continues to outperform China
27 August 2018 - U.S. softens 'sunset clause' stance, says Mexico
  1. More Move may likely eliminate obstacle to reaching a deal this week
27 August 2018 - China to discuss ‘top notch’ free trade deal with Britain
  1. More China and Britain have agreed to look at the possibility of reaching a “top notch” free trade agreement after Britain leaves the European Union, China’s Commerce Ministry said after talks with British trade minister Liam Fox
24 August 2018 - China to keep hitting back at US over trade, to boost govt spending — finance minister
  1. More China will keep hitting back at Washington as more US trade tariffs are imposed, but its counter-strikes will remain as targeted as possible to avoid harming businesses in China — whether Chinese or foreign, Finance Minister Liu Kun said
23 August 2018 - US, China set to impose more tit-for-tat tariffs, escalating trade war
  1. More The United States and China were poised to escalate their trade war on Thursday, with both sides set to implement punitive 25% tariffs on US$16 billion worth of the other's goods
23 August 2018 - China picks US$16b worth of aviation projects for private investment
  1. More China said on Thursday it would encourage private investment in 28 airport, drone and maintenance projects worth a total of 110 billion yuan (US$16 billion), as part of its efforts to make the sector more globally competitive
21 August 2018 - Trade war puts pressure on US factories in China
  1. More They’re increasingly worried about the next group of tariffs
20 August 2018 - US firms warn next China tariffs to cost Americans from cradle to grave
  1. More A broad cross-section of U.S. businesses has a message for the Trump administration: new tariffs on $200 billion of Chinese imports will force Americans to pay more for items they use throughout their daily lives, from cradles to coffins
20 August 2018 - iPhone, laptop manufacturing firms shifting away from China
  1. More From iPhones to computers, the manufacturing powerhouses behind much of the world's electronics, are preparing to move chunks of productions away from China and towards such locales as Eastern Europe, Mexico and Southeast Asia
17 August 2018 - As Nvidia expands in artificial intelligence, Intel defends turf
  1. More Nvidia Corp dominates chips for training computers to think like humans, but it faces an entrenched competitor in a major avenue for expansion in the artificial intelligence chip market: Intel Corp
17 August 2018 - Toyota to increase production capacity in China by 20 percent: source
  1. More Japan’s Toyota Motor Corp will build additional capacity at its auto plant in China’s Guangzhou, a company source said, in addition to beefing up production at a factory in Tianjin city by 120,000 vehicles a year
17 August 2018 - China wants to build robots to overtake its rivals — but it's not there yet
  1. More China's affinity for robots has created a booming industry, but its companies aren't overtaking their global competitors, a senior partner at consulting firm McKinsey & Company told CNBC
16 August 2018 - China Evergrande invests in project to build world's fastest supercomputer
  1. More ​Property developer China Evergrande Group on Thursday said it will invest 1.65 billion yuan (US$239.53 million) into six high-tech projects by the Chinese Academy of Sciences, including one aimed at building the world's fastest supercomputer
15 August 2018 - 'China cooling further'
  1. More More stimulus plans likely as fixed asset investment, industrial output underperform
15 August 2018 - Vienna is 'world's most liveable city'
  1. More Melbourne loses top spot to Austrian capital as best place to live, work in
14 August 2018 - Will Turkey introduce capital controls?
  1. More The options for Turkey to prop up a collapsing lira appear limited, given President Erdoğan's opposition to interest rate hikes or an IMF intervention. Jacopo Dettoni reports
14 August 2018 - 'Alive and kicking' - German economy shifts into higher gear
  1. More The German economy picked up more steam than expected in the second quarter, driven by higher household and state spending, data showed on Tuesday, suggesting that Europe’s biggest economy is powering ahead despite trade-related business uncertainties
14 August 2018 - Singapore Q2 GDP expands 0.6pc
  1. More Government sees moderate growth in second half as US spat with trade partners tempers outlook
14 August 2018 - China may become inadvertent winner from aluminium tariffs
  1. More ​It’s probably not what US President Donald Trump had in mind when imposing tariffs on aluminium imports, but it looks likely that some of the big winners from the 10% import tax will be China’s producers
14 August 2018 - Artificial intelligence is coming for hiring, and it might not be that bad
  1. More Artificial intelligence promises to make hiring an unbiased utopia
14 August 2018 - Russia rewiring economy
  1. More Putin counting on old style state led investment to drove growth rather than consumers
13 August 2018 - Japan FDI into western Europe shows rapid rise from 2013
  1. More Japanese investment into western Europe has risen since 2013, and looks set for a boost from the latest free trade deal
13 August 2018 - Tariffs and sanctions turmoil may overshadow EU, German growth data
  1. More US tariffs and sanctions policies are likely to keep investors on their toes in the coming week as European politicians and policymakers continue their summer break, while economic data from Germany and the euro zone will also be in focus
13 August 2018 - Samsung may suspend operations at China mobile phone plant: report
  1. More Samsung Electronics Co Ltd is considering suspending operations at one of its mobile phone manufacturing plants in China due to slumping sales and rising labor costs, the Electronic Times reported on Monday
13 August 2018 - A private Tesla is one big tiny carmaker
  1. More Tesla's chief executive officer has given us much to think about. There's also much question, such as "Where's the money coming from?" and "What about the master plan?"
11 August 2018 - US trade war could trigger further yuan depreciation against dollar and greater capital outflows, economist warns
  1. More ‘Disturbing factors’ in financial markets and trade dispute could hit Chinese currency, according to former central bank adviser Yu Yongding
10 August 2018 - Walmart, JD invest in Chinese logistics service
  1. More Dada-JD Daojia has raised US$500mil from existing backers JD.com Inc and Walmart Inc to quicken the growth of its delivery network across China
10 August 2018 - Boeing faces hiccups in ops
  1. More Glitches at fuselage and engine makers, record output contribute to logjam
10 August 2018 - Geely mulls US$1.9bil revival plan for Lotus Cars
  1. More Firm plans to add production facilities and research centres in the UK
09 August 2018 - Samsung pledges US$22bil spend on new technology
  1. More Company to invest in AI and 5G mobile tech, among others
09 August 2018 - Ford to launch SUV in China
  1. More 'Entry-level' Territory is on of 50 new or redesigned vehicles planned for world's biggest car market
09 August 2018 - US to slap duties on US$16bil of China goods
  1. More List includes motorcycles, steam turbines and railway cars
08 August 2018 - Tesla starts hiring for Shanghai plant
  1. More Cash-strapped Tesla Inc has yet to reveal details of the investment needed for its Shanghai plant. But it has already started hiring for the facility
07 August 2018 - United States falling behind China in race to 5G wireless — Deloitte report
  1. More The United States is being outspent by China in the race to build the next generation of wireless communication, known as 5G, and it risks losing out on the potential economic benefits, according to a report by consultants Deloitte published on Tuesday
07 August 2018 - Daimler said to build electric Smart cars in China
  1. More The parent company of Mercedes-Benz is in talks to build electric versions of its tiny Smart branded cars in China with a local partner, Bloomberg reported Monday, citing anonymous sources
07 August 2018 - Top American Aluminum Maker Seeks Waivers From U.S. Tariffs
  1. More Alcoa Corp., the American aluminum maker that supplies metal used in everything from Coca-Cola cans to Boeing Co.’s 747 jetliner, is seeking relief from U.S. tariffs meant to help it
07 August 2018 - Daimler in talks to make electric smart cars in China
  1. More Daimler AG is planning to manufacture battery-powered Smart cars in China with a local partner, according to people with direct knowledge of the matter, in a push to boost sales of the tiny-car brand in cities around the world where parking and emissions are becoming a challenge
06 August 2018 - Increasing scrutiny on Huawei in UK
  1. More Tech firm in spotlight over use of US firm's software
06 August 2018 - 'Tit-for-tat tariffs a new norm'
  1. More Trade tensions seen settling into regular rhythm of counterblows
06 August 2018 - China Prepared for Long Trade War With U.S., State Media Says
  1. More ​After a weekend of claims by U.S. President Donald Trump that he has the upper hand in the trade war with China, Beijing responded through state media by saying the nation is ready to endure the economic fallout
06 August 2018 - How to end Japan's deflation? Abolish cash
  1. More Monetary medicine in Japan is keeping the economy alive, but with nasty side effects. The search for a new cure should begin with a simple question: What if the Bank of Japan were to throw out its money-printing presses?
02 August 2018 - Trump's overture to emerging Asia drowned out by trade war
  1. More When the US Secretary of State flies into Southeast Asia this week with a new investment pitch for the region, the response could be: thanks a million, but please stop threatening a trade war with China that will make us lose billions of dollars
02 August 2018 - Higher U.S. tariffs on US$200b China goods?
  1. More Trump administration increasing pressure on Beijing to re-engage in talks, say sources
01 August 2018 - Huawei overtakes Apple as world No. 2 smartphone seller, gains ground in China
  1. More China’s Huawei Technologies overtook Apple Inc to become the world’s second-biggest smartphone seller in the June quarter, data from market research firms showed, as it gained ground in Europe and expanded its lead back home

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Last Updated : Monday 15th October 2018