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China's steel industry has been struggling as the country's property sector remains in the doldrums and is unable to absorb excess capacity, industry watchers told CNBC.
Officials said all six who have died so far this year were Japanese nationals, with five apparently succumbing to the effects of altitude sickness, made worse by bad weather close to the 3,776-metre summit. The other fatality was a man who died in a fall.
The European Union is proposing to charge Tesla an additional tariff of 9 percent on its vehicles imported from China while other automakers face rates as high as 36.3 percent, as part of efforts to protect European producers from unfair competition.
Boeing said Monday that it has paused flight tests of its 777X after it found damage in a structure of one of the wide-body aircraft.
Singapore has tightened the maximum loan that home buyers can take out in a bid to cool the country's public housing resale market.
BEIJING (AP) — Approvals for new coal-fired power plants in China dropped sharply in the first half of this year, according to an analysis released Tuesday, after a flurry of permits in the previous two years raised concern about the government’s commitment to limiting climate change.
PESHAWAR, Pakistan (AP) — Pakistani security forces killed five militants in a remote northwestern area on Monday when they tried to sneak in from neighboring Afghanistan, the military said.
TOKYO -- With generative artificial intelligence poised to trigger seismic shifts across society, Japan's animation industry is opening up to its potential to stem critical labor shortages, even as concerns about protecting creators abound.