U.S.-based Chinese state-owned aircraft maker Cirrus lists in Hong Kong
HONG KONG -- Cirrus Aircraft, a U.S.-based but Chinese state-owned manufacturer of small airplanes, made its debut on the Hong Kong stock exchange on Friday.
Manufacturing asian news
China’s BYD faces backlash, probe in Thailand over mega EV discounts
Thailand’s consumer protection agency has received about 70 complaints since initiating a probe into aggressive discounting by BYD dealers that has left some buyers feeling they overpaid for their Chinese electric vehicles.
Samsung Union Workers Launch Indefinite Strike
Unionized workers at Samsung Electronics said Wednesday they would go on an indefinite strike, an escalation of a rare labor dispute that could disrupt the technology giant’s world-leading chip business.
China EV exports fell 13.2% in June amid rising trade tensions
TOKYO -- China's electric vehicle exports declined 13.2% from the previous month in June to 86,000 vehicles, new data showed on Wednesday, signaling growing resistance to the cars as Europe raises trade barriers.
China EV makers Neta, Xpeng turn to Africa amid European backlash
GUANGZHOU -- Chinese electric-vehicle manufacturers Neta Auto and Xpeng Motors are ramping up their push into Africa, shifting their overseas strategies amid trade frictions with Europe.
Boeing to plead guilty to criminal fraud charge stemming from 737 Max crashes
Boeing agreed to plead guilty to a criminal fraud charge tied to the fatal 737 Max crashes, the Justice Department said Sunday, months after U.S. prosecutors said the aerospace giant violated a 2021 settlement that shielded it from prosecution.
Indonesia business lobby says tariffs 'not solution' for industry
TOKYO -- Indonesia's plan to introduce new import tariffs on items like clothing and cosmetics is not the answer for local industries struggling to grow, the head of a major local business group, said in an interview in Tokyo.
Stocks waver to start the second half, Nvidia falls: Live updates
Stocks seesawed Monday as Wall Street struggled to maintain the strong momentum seen in the first half of 2024.