Carmakers respond to EU tariffs on Chinese-made EVs
With the European Union's extra duties on Chinese-made electric vehicles expected to take effect on Thursday, some carmakers have decided on counter measures.
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China Developing Attack Drone Modeled on Iran's Shahed for Russia
Chinese and Russian companies are developing and testing an attack drone modeled on the Iranian-made Shahed for shipment to Russia, Bloomberg reported Tuesday, citing...
EU takes aim at China's Temu and Shein with proposed import duty, FT reports
The European Union is drawing up plans to impose customs duties on cheap goods bought from Chinese online retailers including Temu and Shein, the...
Asia stocks gain on rate cut wagers, yen stays near 38-year lows
Asian stocks rose on Wednesday as comments from Fed Chair Jerome Powell reinforced expectations that U.S. rate cuts were not far off, while the...
Japan Revamps Banknotes in Move That May Unleash Mattress Cash
Japan issued newly designed banknotes for the first time since 2004 in a move that may provide a small boost to the economy while...
