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Business

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Nissan accelerates strategy in China to compete with global rivals
Nissan commits $1.4 billion to China in bold bid for market share

SHANGHAI, China: Nissan is making a fresh push to regain its footing in China with a US$1.4 billion investment and a pledge to speed...

Toyota’s Hino and Mitsubishi Fuso near merger deal
Toyota, Daimler near merger of truck units

TOKYO, Japan: Toyota's Hino Motors and Daimler Truck's Mitsubishi Fuso are edging closer to a long-awaited merger of their truck operations,...

Trade talks to target India’s digital market rules
US to push India for major e-commerce reforms

WASHINGTON, D.C.: The United States plans to press India for sweeping changes to its e-commerce policies as part of negotiations aimed...

China’s automobile exports jump 16% in early 2024
China's Q1 automobile exports up 16% y/y, industry official says

BEIJING, China: China's automobile exports rose sharply in the first quarter of 2024, with 1.54 million vehicles shipped abroad, marking...

Beijing BBQ spot drops US beef over high tariffs
US beef off menu as trade war hits China's American-style restaurants

BEIJING, China: At Home Plate BBQ in Beijing, the iconic Texan brisket is about to get a new passport. The restaurant, known for its...

Dow Jones edges up 20 points, Nasdaq Composite adds 217 points
U.S. stock markets finish with daily, weekly gains

NEW YORK, New York - Stocks were largely higher on Friday with all the indices notching up daily and weekly gains. Steadying the markets...

Asia Pacific

Section
Toyota’s Hino and Mitsubishi Fuso near merger deal
Toyota, Daimler near merger of truck units

TOKYO, Japan: Toyota's Hino Motors and Daimler Truck's Mitsubishi Fuso are edging closer to a long-awaited merger of their truck operations,...

China’s automobile exports jump 16% in early 2024
China's Q1 automobile exports up 16% y/y, industry official says

BEIJING, China: China's automobile exports rose sharply in the first quarter of 2024, with 1.54 million vehicles shipped abroad, marking...

UK and New Zealand to boost defence ties
Britain and New Zealand to step up military ties as leaders meet

LONDON, U.K.: British Prime Minister Keir Starmer and New Zealand Prime Minister Christopher Luxon decided to strengthen their countries'...

Beijing BBQ spot drops US beef over high tariffs
US beef off menu as trade war hits China's American-style restaurants

BEIJING, China: At Home Plate BBQ in Beijing, the iconic Texan brisket is about to get a new passport. The restaurant, known for its...

Japan posts trade deficit overall but surplus with US
Japan reports $63 billion trade surplus with US as it talks tariffs

TOKYO, Japan: Japan had a trade deficit in the past fiscal year, but made a trade surplus with the U.S., the Finance Ministry said...

Cambodia, China restart Mekong-Gulf of Thailand canal project
China, Cambodia to fund 94-mile canal from Mekong to Gulf of Thailand

PHNOM PENH, Cambodia: Cambodia and China have revived work on a stalled canal project that aims to connect the Mekong River to the...