Global News


09 January 2019 - China increases US patent holdings
  1. More ​Chinese inventors received a record number of US patents in 2018 and are on pace to overtake Germany in the No. 4 position of top recipients, according to an analysis of filings with the US Patent and Trademark Office
09 January 2019 - How Takeda’s Shire deal reshapes pharma world
  1. More Japanese firm now a top 10 drugmaker after US$62bil buy
09 January 2019 - German industrial output records broad-based slump
  1. More ​German industrial production unexpectedly dropped in November, underlining the subdued pace of expansion in Europe’s largest economy during the final quarter of 2018
09 January 2019 - Daimler is selling a truck that can brake, accelerate and steer on its own
  1. More Blackrock says treasuries have regained haven status
08 January 2019 - Huawei launches arm-based chipset
  1. More China firm seeking growth avenues in cloud computing, enterprise services
08 January 2019 - Intel working with Facebook on AI chip coming later this year
  1. More ​Intel Corp said on Monday at the Consumer Electronics Show in Las Vegas that it is working with Facebook Inc to finish a new artificial intelligence chip in the second half of this year
08 January 2019 - Amazon Becomes Most Valuable Company, Inching Past Microsoft
  1. More Amazon.com Inc. surpassed Microsoft Corp. to become the world’s largest public company on Monday, in the latest example of the list of Wall Street’s biggest names being reordered
08 January 2019 - Japanese firms best Chinese ones
  1. More They have US$890bil war chest to spend on M&As
07 January 2019 - Assets worth US$1 trillion to shift from UK to EU due to Brexit — EY
  1. More Assets worth nearly 800 billion pounds (US$1 trillion) are being moved from Britain to new financial hubs in the European Union ahead of Brexit, consultancy EY said
07 January 2019 - Chinese tech investors flee Silicon Valley as Trump tightens scrutiny
  1. More ​New Trump administration policies aimed at curbing China’s access to American innovation have all but halted Chinese investment in U.S. technology startups, as both investors and startup founders abandon deals amid scrutiny from Washington
03 January 2019 - Robots aren't yet killing off all our jobs, World Bank says
  1. More ​The rise of automation has so far had a negligible impact on jobs at a global scale, the World Bank chief economist said, despite common gloomy predictions that humans are set to be replaced by machines
03 January 2019 - Italy manufacturing shrinks again as nation nears recession
  1. More ​Italy’s manufacturing sector shrank for a third straight month in the latest sign that Europe’s third-largest economy is on the brink of another recession
03 January 2019 - Global Factory Slump Adds to 2019 Central Bank Challenges
  1. More ​Manufacturing gauges across the world’s largest economies stumbled at the end of last year, starting 2019 with fresh challenges for global growth and central banks
28 December 2018 - Japan factory output falls in sign of rising pressure on economy
  1. More ​Japan’s industrial output contracted in November and partially reversed the previous month’s gain, in a sign of fragility in factory activity as increasing global risks threaten to undermine the country’s export-reliant economy
28 December 2018 - Nissan to make fewer cars in China in months ahead as demand slows: source
  1. More ​Nissan Motor Co will produce 30,000 fewer vehicles in the coming months in China than what it had planned, a person briefed on the matter told Reuters, as global automakers grapple with falling demand in the world’s biggest car market
27 December 2018 - Japan wants to promote free and fair trade for global economy
  1. More ​Japan’s top government spokesman said his government wants to promote rules that protect free and fair trade for the global economy
27 December 2018 - US Commerce Dept won't publish economic data during shutdown - WSJ
  1. More The US Department of Commerce's Bureau of Economic Analysis and Census Bureau will not publish economic data during the ongoing partial government shutdown, the Wall Street Journal reported on Wednesday, citing an agency spokeswoman
27 December 2018 - China's draft foreign investment law bans forced tech transfer, emphasises reciprocity
  1. More ​China has proposed a ban on forced technology transfer and illegal government "interference" in foreign business operations, practices that have come under the spotlight in a trade dispute with the United States
27 December 2018 - Steady, not strong as South-East Asia faces growth risks in 2019
  1. More ​Last year, economists predicted South-East Asia would be blessed with a strong and vibrant 2018. For next year, they’re not quite so optimistic
27 December 2018 - Toyota wants to put a robot in every home and make it your pal
  1. More ​Toyota Motor Corp has sold enough cars to put one outside every Japanese home. Now it wants to put robots inside
27 December 2018 - World economy set to feel trade war pain in 2019
  1. More Data points to slowing exports, companies warn of ongoing disruption
25 December 2018 - China removing some import, export tariff
  1. More Beijing reducing number of items taxed by around 200 to slightly more than 700
21 December 2018 - Emerging market comeback in 2019?
  1. More Brazil, Indonesia expected to lead the charge
20 December 2018 - A whale quietly enters Japan's US$125b electricity market
  1. More ​One of the largest energy companies is quietly testing the waters of what is perhaps the world’s richest electricity market yet to be tapped by foreign investors
20 December 2018 - U.K. Unveils Post-Brexit Immigration Plan, Angering Business
  1. More The U.K. published its long-awaited immigration plan for life outside the European Union, to end freedom of movement from the bloc and prioritize skilled workers regardless of nationality. Home Secretary Sajid Javid said the aim was to bring net migration down to “sustainable levels
19 December 2018 - Tech trends, what's in store for 2019?
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19 December 2018 - Japan's view on US ties worsens on Trump's trade push: Yomiuri
  1. More ​Japan’s popular perception of the country’s ties with the United States worsened significantly this year, an opinion poll showed on Wednesday, battered by U.S. President Donald Trump’s hostile trade policies
19 December 2018 - There are some big warning signs for the UK economy
  1. More ​The warning signs of 2019 are lighting up for the UK economy as Brexit comes to a head
19 December 2018 - LG plans to sell TVs that roll up like posters in 2019
  1. More Company aims to revive consumer electronics business
18 December 2018 - Taisho nears US$1.6bil deal for Bristol-Myers unit
  1. More Japanese drugmaker seeks to boost overseas presence
17 December 2018 - Metals Rebirth Tied to Shrinking Supplies, Stimulus in China
  1. More ​As China goes, so goes industrial metals
15 December 2018 - Brexit could disrupt Europen aircraft production, says IATA
  1. More The International Air Transport Association (IATA) has cautioned that the global aircraft production, mainly in Europe will likely be hampered by Brexit deal
13 December 2018 - Xpeng the latest to join China electric-car gold rush
  1. More Firm starts deliveries of its first commercial model, the G3 SUV
13 December 2018 - Vietnam winner from trade war
  1. More Country set to capture China's global market share in labour-intensive maufacturing
12 December 2018 - Asia to grow as expected in 2018 and 2019, trade war poses downside risks — ADB
  1. More ​The Asian Development Bank expects developing Asia to meet its growth forecasts for this year and next on strong domestic demand and easing inflation pressures, though it warned of downside risks from a rising tide of trade protectionism
12 December 2018 - Daimler to buy €20b worth of electric car battery cells
  1. More ​German luxury car maker Daimler, parent company of Mercedes-Benz, on Tuesday said it would buy battery cells worth more than €20 billion (US$22.75 billion) by 2030 as it readies mass production of hybrid and electric vehicles
12 December 2018 - Rough ride for China carmakers
  1. More Nation’s automobile sales drop at steepest rate in almost seven years
12 December 2018 - Huawei clash shows deeper US-China battle for global influence
  1. More The Trump administration has insisted the arrest of a top Huawei executive has nothing to do with trade talks. In Beijing, it’s just the latest US move to contain China’s rise as a global power
11 December 2018 - Grab to add 1,000 tech jobs; R&D center to focus on in-app calls
  1. More ​Grab’s planned hiring in 2019 include 100 new tech roles for its new R&D center in Kuala Lumpur, according to an emailed statement
11 December 2018 - Lion Air crash shows challenges of Asia's budget airline boom
  1. More The investigation into the fatal crash of a Boeing jet from Asia’s second-largest budget airline has turned the spotlight on the ballooning growth of low-cost carriers in the region and the training, staff and facilities needed to support them. Rising wealth is adding a million new Asian fliers a year, spurring entrepreneurs, full-service airlines and regional governments to try their hand in an industry notorious for price wars and outside forces that have doomed dozens of ventures
10 December 2018 - From trade war to sanctions; emerging markets look back at 2018
  1. More Emerging markets are rounding off the year with few excuses to keep floundering into 2019
10 December 2018 - China, cars and Congress: Three risks to 2019 trade outlook
  1. More ​If 2018 was the year that Donald Trump gave the world a new taste of an ancient phenomenon – trade wars – then 2019 is shaping up to be the one in which the combat risks being fiercest
08 December 2018 - OPEC agrees to cut output
  1. More Oil prices jump 5pc as cartel, Russia say ready to slash production by 1.2m bpd
07 December 2018 - Tesla launches tender process for Gigafactory
  1. More Tesla Inc has opened a tender process to build its Shanghai Gigagfactory and at least one contractor has started buying materials, according to sources and documents, the clearest indication that construction is imminent
06 December 2018 - East European energy firms charge into EV market
  1. More ​For trips near their village in western Poland, Jacek Balcer and his wife zip around in their electric cars. But when they want to travel further afield they know it’s time to bring out their diesel van or risk being stranded
06 December 2018 - Global cement demand forecast to grow 1.5% in 2019
  1. More Global demand for cement is seen growing by 1.5% next year, the World Cement Association said on Wednesday, as economic risks and trade tensions weigh on the construction industry in many countries. The demand forecast is an improvement from the 0.5% dip in cement volumes seen in 2018, and 1% increase during 2017, the trade association said
06 December 2018 - India claims Top 10 in list of fastest-growing cities
  1. More ​When it comes to the top 10 cities for economic growth, India is set to dominate over the next two decades, according to Oxford Economics
03 December 2018 - China and US declare 90-day halt to new tariffs
  1. More The two countries aim to keep their trade war from escalating
30 November 2018 - Japan-France spat over Nissan-Renault brews as Ghosn remains jailed
  1. More ​Japanese Prime Minister Shinzo Abe and French President Emmanuel Macron were arranging to meet on the sidelines of the G20 summit meeting, media said, amid signs of a brewing diplomatic feud over the power balance at the troubled Renault-Nissan alliance
30 November 2018 - Chinese sneeze could give Europe Inc. a nasty flu
  1. More ​With sluggish growth translating into the most disappointing earnings in years, European stocks are set for a tough ride if a full blown Sino-U.S. trade war erupts following Presidents Donald Trump and Xi Jinping’s G20 dinner on Saturday
30 November 2018 - Fiat to spend more than US$5.7 bil to revamp Italy production
  1. More ​Fiat Chrysler Automobiles NV will spend more than 5 billion euros (US$5.7 billion) on the carmaker’s factories in Italy, shoring up its struggling European business by focusing on more in-demand sport utility vehicles and electric cars
29 November 2018 - Supply chain reaction: trade war refugees race to relocate to Vietnam, Thailand
  1. More ​Fred Perrotta spent four years building a network of Chinese suppliers for his line of trendy backpacks, but as soon as the United States announced tariffs on almost half of its Chinese imports, he started looking for suppliers in other countries
29 November 2018 - Trump threatens to cut GM subsidies in retaliation for US job cuts
  1. More US President Donald Trump has threatened to eliminate subsidies for General Motors Co in retaliation for the automaker cutting US jobs and plants, and the automaker also took fire from Canadian political and labour leaders for cutbacks there
29 November 2018 - Asia Succumbs to Global Slowdown as Trade War Threatens Pain
  1. More ​Asia has been hit by a slew of weak gross domestic product reports for the third quarter, with global growth also sputtering at a time when rising interest rates and a U.S-China trade war threaten more pain
29 November 2018 - Ford to accelerate China-built Lincoln plan
  1. More ​Ford Motor Co, banking on China to revive its long-lagging Lincoln brand, is trying to accelerate plans to begin building its luxury models there and avoid profit-sapping tariffs brought about by President Donald Trump’s trade war
29 November 2018 - Volkswagen planning new North America factory for electric vehicles
  1. More Volkswagen is deciding where to locate a new factory in North America to build electric vehicles for the U.S. market, the German automaker’s new head for the Americas said on Wednesday
28 November 2018 - Aramco sees more acquisitions beyond US$70b Sabic deal
  1. More Saudi Aramco seek more acquisitions to speed its expansion in refining and petrochemicals as Saudi Arabia pushes ahead with plans to diversify its economy from reliance on sales of crude
28 November 2018 - Factbox: Four ways China is a major economic driver in Argentina
  1. More ​China is forging closer economic ties with Argentina, posing a challenge to President Donald Trump, who views Argentine President Mauricio Macri as a key regional ally
28 November 2018 - Microsoft Becomes World's Most Valuable Company After Apple Rout
  1. More ​Microsoft Corp. surpassed Apple Inc. to become the world’s most valuable publicly traded company.
28 November 2018 - BMW Keeps Preaching Free Trade as Trump Tariff Threat Lingers
  1. More ​BMW AG will keep spreading the gospel of free trade and back its rhetoric up by investing more in its massive U.S. plant, all as the Trump administration mulls higher tariffs on imported autos
27 November 2018 - Asia's mood tested by Trump's tariff threats
  1. More Asian shares battled to extend a global rebound on Tuesday after U.S. President Donald Trump seemed to quash hopes of a trade truce with China, dampening risk appetite across the region
27 November 2018 - China building US$9bil rival to American-run GPS
  1. More Beidou Navigation System will be accessible worldwide by 2020
27 November 2018 - Aramco plans to invest US $500 bil in global expansion
  1. More ​Saudi Aramco aims to become a global refiner and chemical maker, seeking to profit from parts of the oil industry where demand is growing the fastest while also underpinning the kingdom’s economic diversification
27 November 2018 - GM on verge of closing Oshawa plant
  1. More A car plant that General Motors Co has operated for 65 year in Canada could be on verge of shutting down, though the union that represents thousands of workers at the factory still holding out hope
26 November 2018 - In China's hinterland, car market growth engine sputters
  1. More When Cao Jun, 40, an engineer from the central Chinese city of Pingdingshan, takes his old, grey MG 3 car to be serviced he always steals a few moments to pop into the Nissan and Honda dealerships next door
26 November 2018 - GM to make major announcement about global operations Monday: Canada union
  1. More ​General Motors Co is set to make a major announcement on Monday that will affect its global operations, including auto production at an Ontario plant, a Canadian union said in a statement on Sunday
26 November 2018 - Brexit may cost UK its US$1.7 trillion WTO deal
  1. More ​UK businesses stand to lose access to a US$1.7 trillion (RM7.13 trillion) public procurement market if signatories to a World Trade Organisation accord this week block Britain’s application for membership, which will lapse after it leaves the European Union in March
23 November 2018 - WTO to review U.S. tariffs decision
  1. More Dispute Settlement Body panels to hear complaints from countries
22 November 2018 - Singapore listed companies among world's least exposed to cyber threats, finds study
  1. More ​Despite its reputation as one of the most connected countries globally, Singapore’s listed companies are among the least exposed to cyber threats, according to findings from Cyber Intelligence House’s latest Cyber Exposure Index (CEI)
22 November 2018 - Nissan-Renault rivalry bursts into the open
  1. More Tensions over future of partnership erupt after arrest of Ghosn
21 November 2018 - Google invests US$700 mil in Danish data centre, secures green energy
  1. More ​Google will invest almost US$700 million in a Danish data centre powered by the abundant green energy that underpins power-intensive companies' interest in the Nordic region
21 November 2018 - Thailand’s no beach party for foreign investors
  1. More Many choose to invest instead in Vietnam and Indonesia
20 November 2018 - Internet economy to exceed US$240b
  1. More More consumer using smartphones to go online, says study
19 November 2018 - German minister looks to tax cuts as economy contracts
  1. More ​Germany needs a package of tax cuts and other measures to shore up economic growth in the long term, Economy Minister Peter Altmaier said in an interview published on Sunday, days after the country posted its first economic contraction since 2015
16 November 2018 - European car sales slump
  1. More This will test VW’s upbeat outlook
15 November 2018 - How will the US affect Asia?
  1. More The US is reaching important — and potentially disturbing — turning points, in politics as well as in the economy. First, the results of the midterm elections have changed the political dynamic, which will reorientate US President Donald Trump’s domestic and foreign policy directions. Second, the economy, while still growing strongly, is beginning to show signs of trouble ahead. Emerging Asian economies will have to prepare for even more turbulence ahead: They will have to step up domestic efforts to support demand while also overcoming differences so as to work together on trade and related issues
15 November 2018 - Trudeau says Canada to work with China on eventual free trade deal
  1. More Canadian Prime Minister Justin Trudeau said on Thursday his country would work with China towards a free trade deal
15 November 2018 - US state spending exceeds $2 trillion in fiscal 2018: report
  1. More ​U.S. state spending topped $2 trillion for the first time in fiscal 2018, with Medicaid expenditures rising the most along with a significant increase in transportation spending, according to a report released on Thursday
15 November 2018 - China is leading the world to an electric car future
  1. More ​The world’s biggest market for electric vehicles wants to get even bigger, so it’s giving automakers what amounts to an ultimatum. Starting in January, all major manufacturers operating in China—from global giants Toyota Motor and General Motors to domestic players BYD and BAIC Motor—have to meet minimum requirements there for producing new-energy vehicles, or NEVs (plug-in hybrids, pure-battery electrics, and fuel-cell autos). A complex government equation requires that a sizable portion of their production or imports must be green in 2019, with escalating goals thereafter
14 November 2018 - Japan's economy contracts in third quarter, trade war clouds rebound outlook
  1. More ​Japan’s economy shrank more than expected in the third quarter, hit by natural disasters and a decline in exports, a worrying sign that trade protectionism is starting to take its toll on overseas demand
14 November 2018 - Asia's weakening economies, record supply threaten to create oil glut
  1. More ​Oil traders’ worries over record supplies arriving in Asia just as the outlook for its key growth economies weakens have pulled down global crude benchmarks by a quarter since early October
13 November 2018 - China plans to further open up its economy
  1. More Premier Li Keqiang slams rising protectionism
13 November 2018 - Xi Expands China’s Footprint in Pacific as Trump Stays in U.S.
  1. More ​For Xi Jinping, diplomatic wins rarely come this easily: Just showing up at an Asia-Pacific summit this week would help to score a victory for China
12 November 2018 - World's Biggest Companies Plan to Get Down With WeWork Effect
  1. More ​The biggest employers on the planet see a future filled with free beer and new age motivational posters. Their offices will need to catch up
12 November 2018 - Oil pares bear market collapse on prospect of OPEC curbs in 2019
  1. More Oil climbed after a record run of losses as Saudi Arabia said it will reduce crude sales in December and speculation rose that OPEC and its allies will cut output next year
05 November 2018 - World’s major economies risk decelerating in sync next year
  1. More Shift being led by China whose economy is set to worsen
02 November 2018 - Volvo's robotaxi foray
  1. More Swedish carmaker to use Baidu's autonomous driving saoftware Apollo to develop Level 4 car
01 November 2018 - How automakers plan to meet China’s new rules
  1. More ​Automakers typically want their cars to stand out. However, China’s push for greener vehicles is prompting Toyota, Fiat Chrysler, Honda and Mitsubishi to resort to an unusual move: they’re set to sell the same car
01 November 2018 - CPTPP to kick in on Dec 30
  1. More Australia triggers 60-day countdown after becoming 6th member to ratify pact
31 October 2018 - Countering global protectionism, Pacific trade pact to start at end-2018
  1. More ​A landmark 11-member deal that will slash tariffs across much of the Asia-Pacific will come into force at the end of December, New Zealand said on Wednesday, a rare bright spot for global commerce as the US-China trade war intensifies
31 October 2018 - Waymo gets first California OK for driverless testing without backup driver
  1. More Alphabet Inc’s Waymo unit on Tuesday became the first company to receive a permit from the state of California to test driverless vehicles without a backup driver in the front seat, the state’s Department of Motor Vehicles said
31 October 2018 - The Car That Will Help Big Automakers Game China's New Rules
  1. More ​Automakers typically want their cars to stand out. However, China’s push for greener vehicles is prompting Toyota, Fiat Chrysler, Honda and Mitsubishi to resort to an unusual move: they’re set to sell the same car
31 October 2018 - Beyond U.K., Google and Tech Peers See Rising Tax Tide
  1. More The U.K. just joined a growing array of countries telling Big Tech it’s time to pay up
30 October 2018 - Germany's BASF scoops second China chemicals deal in four months
  1. More Chemical giant BASF said on Monday it had signed a memorandum of understanding (MoU) with China's Sinopec Corp to build a steam cracker in East China, the second major investment pledged by the German firm in four months
30 October 2018 - WTO metal tariff dispute delayed as countries block action
  1. More Requests for the World Trade Organization to hear disputes related to U.S. steel and aluminum tariffs were delayed on procedural grounds Monday, putting off any action until November
26 October 2018 - Turkey making US$20bil trade pitch to Germany
  1. More It wants German help to boost exports
26 October 2018 - Nokia plans to cut jobs
  1. More Finish firm posted profit that missed analysts’ estimates
25 October 2018 - China-Japan ties improve
  1. More Thanks to Trump’s sharp attacks on the trade front
25 October 2018 - Businesses told to prepare for all Brexit scenarios
  1. More ​The French government told companies to begin preparing for all Brexit scenarios, including no deal between the European Union and the UK
23 October 2018 - Truck makers rev up for rollout of electric big rigs
  1. More Tesla Inc chief executive Elon Musk put electric heavy commercial trucks on the map in November 2017 when he unveiled the company’s futuristic, battery-powered Semi, booked hundreds of orders and said he would start delivering the vehicles by 2019

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Last Updated : Friday 18th January 2019