Asia/Pacific

Canada Explores Raising Tariffs on Chinese EVs Following US Move Against China: Report

Canada is reportedly exploring raising tariffs on Chinese-produced electric vehicles (EVs) following the US decision to impose higher levies on these imports.


Japan's SoftBank Is Harnessing the Power of AI to Prevent Customer Harassment by 'Softening' Angry Callers' Voices

Japan's SoftBank Corp. is banking on AI to tone down the voices of irate customers to help call center workers deal with such clients...

IMF Criticizes Joe Biden's Ramping Up Chinese Import Tariffs, Says US Should Work With China to Resolve Disputes

The IMF is urging the US to maintain its open trade system instead of imposing new punitive duties on goods from China...

US Blocks Imports From 26 More Chinese Companies Tied to Uyghur Forced Labor

The US has announced it blocked imports from 26 Chinese cotton traders or warehouse facilities tied to Uyghur forced labor...


Latest News

Freedom 251 Release: Indian Company Ringing Bells Launches 'Cheapest Smartphone' at $7
Local smartphone manufacturer Ringing Bells, launched an affordable smartphone called the Freedom 251 on Wednesday. With immense support from the India government, it released the smartphone in attem
Pirelli Shareholders Approve Merging With Marco Polo Industrial Holding
Shareholders of the Italian tyre maker Pirelli has nodded in favor of the proposed merger with Marco Polo Industrial Holding. Marco Polo’s parent concern ChemChina has acquired Pirelli for $8.25 billi
Ratan Tata Invests In A New Tech Start-Up Business, Snapbizz
Ratan Tata has invested in a new tech start-up business, Snapbizz. This is Tata's eighth e-commerce business this year after DogSpot.in, Tracxn, CashKaro, FirstCry, Teabox, Moglix and Invictus Technol
North Korea Will Begin to Export Giant Statue for National Income
North Korea has been using giant statues as propaganda tool for more than 50 years. Now, it has exported locally crafted giant statues to increase the country's income.
Brazil's Usiminas hires Credit Suisse for unit sale
Brazilian steelmaker Usiminas Siderurgicas de Minas Gerais SA, a Brazilian steel producer, is in the process of offloading its manufacturing unit. Usiminas has already hired Credit Suisse SA as its fi
South Korean Central Bank Keeps Interest Rates Unchanged, Observes Impact of New Stimulus Package
BoK has decided to keep hold benchmark interest rates in place on Tuesday. To tackle the ongoing sluggish economic growth, South Korean government has unveiled a stimulus package on February 3. BoK is
Foreign investors take US small biz route
The market volatility, rising dollar and sluggish global economy are forcing foreign investors towards the US small business credit market for growth opportunities. Foreign investors generally prefer
Defying Sluggish Export Growth, Thai Economy Grown Faster In 2015, Predicted To Grow More In 2016
Thai economy has reportedly grown 2.8% in 2015 while expected to grow by 2.8%-3.8% during 2016. The military ruler is about to loss support from the middle class segments due to sluggish economic grow
Auction For Marcos’ Jewelry Collection Appears To Be An Electoral Propaganda By Philippine President
The Philippine government has assigned the PCGG to recover ill-gotten wealth of former dictator President Marcos. The commission has announced on Friday exhibition and auction of a jewelry collection
R-Squared investment firm ups position in Russian ruble
R-Square Macro Management is increasing its exposure to Russian currency Ruble. It's hoping on rebound in Ruble as it fell 37 percent from the recent high in 2015. Some asset managers scaled back thei
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