Chinese EV makers hunt for idled plants in Europe as they expand global influence
BYD, the world’s largest electric car maker, says it is in talks with Stellantis about using European marques’ idled assembly facilities
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BYD, the world’s largest electric car maker, says it is in talks with Stellantis about using European marques’ idled assembly facilities
BYD, the world’s largest electric car maker, says it is in talks with Stellantis about using European marques’ idled assembly facilities
Early signs point to the United States and China moving towards a relationship focused on pragmatic areas of common interest following US President Donald Trump’s trip to China, according to analysts, setting aside the turmoil that marked 2025.
President Trump departed Beijing on Friday, touting trade deals to sell American-made airplanes, farm goods and other products, the signature outcome of his two-day summit with Xi Jinping, China’s top leader.
Facing waning demand, Japanese automaker Subaru announced on May 15 that it will postpone the rollout of EVs developed in house. (Photo by Kantaro Fushiki)
Chicago: A US jury has awarded $US49.5 million ($68.6 million) to the family of a 24-year-old global nonprofit worker killed in the 2019 crash of a Boeing 737 Max jet in Ethiopia while travelling to her first major assignment.
From tariff turmoil and stock shocks to market meltdowns, the global financial system has never been in such flux.
Oil prices rose on Friday and were headed for a weekly gain as supply disruptions continued, with no breakthrough in sight for ending the Iran war and reopening the Strait of Hormuz.
Filipinos seeking weight-loss treatment were urged to undergo medically supervised and science-based care instead of self-medicating amid the growing popularity of drugs sold through the black market. Wei Sun, general manager of Novo Nordisk, said obesity medications should only be taken with proper consultation, di…
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BEIJING — U.S. President Donald Trump's closely watched visit to China this week has gone a long way toward strengthening a fragile trade truce with Beijing and stabilizing the bilateral relationship.
Google parent's multi-tranche deal tops Berkshire Hathaway's previous high
Amazon was listed among Samsung Electronics’ five largest customers for the first time, underscoring the growing influence of cloud and artificial intelligence infrastructure companies on the tech giant’s revenue base.
Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security.As a foreign affairs reporter, I closely follow developments from the Ministry of Unification, the Foreign Ministry and the Defense Ministry, tracking shifts i…
Federal Reserve Chairman Jerome Powell speaks at a news conference at the Federal Reserve, following the Federal Open Market Committee meeting, in Washington, Wednesday, April 29, 2026. (AP Photo/Cliff Owen)
Federal Reserve Chairman Jerome Powell speaks at a news conference at the Federal Reserve, following the Federal Open Market Committee meeting, in Washington, Wednesday, April 29, 2026. (AP Photo/Cliff Owen)
Campaign aims to name 40 cities and 200 workplaces as being supportive of childbirth every three years
Campaign aims to name 40 cities and 200 workplaces as being supportive of childbirth every three years
Abu Dhabi-based Mubadala Energy and its partners have confirmed the start of full construction on their $13 billion liquefied natural gas project in the US after announcing the final investment decision for the project.
Finance Minister Bezalel Smotrich called to annex the entirety of the West Bank during a speech at a Jerusalem Day rally on Thursday night.
As Trump travelled to Beijing for the kind of bilateral dealmaking he prefers, two groups have continued their multilateral efforts
As Trump travelled to Beijing for the kind of bilateral dealmaking he prefers, two groups have continued their multilateral efforts
US President Donald Trump departed China on Friday, touting business deals that gave markets little to cheer, while Beijing warned Washington about mishandling Taiwan and said its war with Iran should never have started.
For decades, Muse Omar Jama made a living swapping currencies in Mogadishu’s Bakara market, where customers once lined up to trade Somali shillings for dollars and mobile money. Now his office sits mostly silent, and the safes around him are stuffed with cash no one wants, according to The Guardian.
The sudden stock market sell-off comes on the back of soaring bond yields globally. (File photo by Tomoki Mera)
Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security.As a foreign affairs reporter, I closely follow developments from the Ministry of Unification, the Foreign Ministry and the Defense Ministry, tracking shifts i…
Beijing: Donald Trump has wound up a two-day visit to Beijing that delivered numerous displays of goodwill between the US president and his Chinese counterpart, Xi Jinping, but few definitive trade deals.
Say you’re in a supermarket doing your grocery run and you’re drawn to a bold red label advertising a sale on one of your favourite snacks.
The possibility of Heathrow Airport being expanded by a rival company has moved a step closer, once again pitting rival options for a third runway against each other.
Kioxia has been increasing its focus on advanced memory products used in AI servers. (Photo by Naoki Hori)
As US naval pressure disrupts Iran's access to the Arabian Gulf, Tehran is turning east.
US Virgin Islands: The latest reports from “Little St Jeff’s”, the notorious Caribbean hideaway of Jeffrey Epstein, are startling.
As US naval pressure disrupts Iran's access to the Arabian Gulf, Tehran is turning east.
Beijing tightened jet fuel exports after the war broke out, forcing Canberra to seek alternative suppliers
Beijing tightened jet fuel exports after the war broke out, forcing Canberra to seek alternative suppliers
The UAE plans to complete the expansion of the West-East crude oil pipeline, which is expected to double export capacity through Fujairah by 2027.
BEIJING, May 15 (Yonhap) -- U.S. President Donald Trump left Beijing for Washington on Friday, wrapping up his three-day visit here for summit talks with Chinese President Xi Jinping on trade, the U.S.-Israeli war with Iran, as well as Taiwan and other key issues.
King Charles III hosted a garden celebration at Buckingham Palace on Thursday to mark the 50th anniversary of The King’s Trust, the youth charity he founded in 1976 using his Royal Navy severance pay during a period of economic hardship in Britain. Formerly known as The Prince’s Trust, the organisation supports disa…
Juan Miguel Mas is an avant-garde choreographer and director who founded his own company of plus-size performers in the late 1990s in Cuba. His performances with his company used to fill prestigious venues, but like many Cubans lately, his daily life has been turned upside down from the country’s economic crisis and…
The South Korean won weakened to a more than one-month low against the US dollar Friday amid renewed worries about inflation, as higher-than-expected US inflation data raised expectations about a rate hike.
SEOUL, May 15 (Yonhap) -- President Lee Jae Myung on Friday met with Peter Howitt, a co-laureate of the 2025 Nobel Memorial Prize in Economic Sciences, to discuss an innovation-driven growth strategy for South Korea.
A view of Kuala Lumpur's skyline: Malaysia's economy grew at a slower pace in the first quarter of 2026, compared with the previous three months. © Reuters
China's President Xi Jinping took US President Donald Trump for a tour around Zhongnanhai Gardens during his visit to Beijing on Friday. The two leaders walked through the compound’s gardens before holding private talks focused on trade, artificial intelligence, Taiwan and the war in Iran. Xi showed Trump through th…
Leading think tank urges the city to align with national development, diversify growth, boost innovation and deepen supply chain role
Leading think tank urges the city to align with national development, diversify growth, boost innovation and deepen supply chain role
The Green Party’s record-breaking gains in UK council elections are a sign voters are taking climate change seriously, analysts say
The Green Party’s record-breaking gains in UK council elections are a sign voters are taking climate change seriously, analysts say
The global economic order has shifted dramatically over the last decade, with countries reshuffling positions amid inflation shocks, geopolitical tensions, pandemic disruptions, and the rapid rise of AI-driven industries.
SEOUL, May 15 (Yonhap) -- The South Korean won weakened to a more than one-month low against the U.S. dollar Friday amid renewed worries about inflation, as higher-than-expected U.S. inflation data raised expectations about a rate hike.
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