Overcapacity? China’s competitive edge lies elsewhere
Nothing has become so prevalent in the shifting sands of political and trade spats between the United States and China as the concept of Chinese industrial overcapacity.
Election asian news
India’s Narendra Modi unveils BJP-led coalition cabinet, in signal of policy continuity
The 71 members of his government took the oath of office after Modi on Sunday, with 11 posts going to coalition allies who extracted them in exchange for their support – including five in the top 30 cabinet posts.
Pressure grows on Germany's Scholz after election drubbing by the far right
Pressure is mounting on German Chancellor Olaf Scholz after the far-right AfD made substantial gains in the European Union election on Sunday despite a string of scandals.
Europe's climate ambitions thrown into doubt as Green vote collapses
Green parties were on track to lose seats in the European Parliament elections, provisional results showed on Monday, sparking concerns that the bloc may be on the brink of scaling back its climate policies.
Australia’s leader says opposition will renege on greenhouse gas emissions target if elected
MELBOURNE, Australia (AP) — Australian Prime Minister Anthony Albanese on Monday said the opposition Liberal Party would renege on the nation’s ambitious target to reduce greenhouse gas emissions by 2030 if it wins elections due within a year.
At least nine killed after attack on bus in Indian-administered Kashmir
Police say at least nine killed, 33 injured after a bus carrying Hindu pilgrims plunged into a gorge after a shooting attack.
European markets open lower; French banks tumble after election called
LONDON — European stocks opened lower Monday as traders reacted to initial results from the EU Parliament elections which suggest far-right parties have surged in popularity.
CNBC Daily Open: Far right gains in EU elections
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