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The European Union will need to levy higher-than-expected tariffs of up to 55% on Chinese electric vehicles to curbtheir imports into the bloc, according to a new analysis by Rhodium Group.
This is CNBC's live blog tracking developments on the war in Ukraine. See below for the latest updates.
Global automaker Stellantis on Tuesday reported a 12% decline in revenue in the first quarter, citing lower sales and foreign exchange effects, even as net pricing held firm.
The International Monetary Fund (IMF) on Tuesday (Beijing Time) released the April 2024 Regional Economic Outlook for Asia and Pacific.
The Democratic People's Republic of Korea (DPRK) conducted a power test of a super-large warhead designed for the "Hwasal-1 Ra-3" strategic cruise missile and a test launch of the "Pyoljji-1-2" new-type anti-aircraft missile in the western waters off the Korean Peninsula on Friday afternoon, the official Korean Central News Agency (KCNA) reported Saturday.
TOKYO (AP) — Japanese Prime Minister Fumio Kishida said Tuesday his governing party’s major defeat in last weekend’s by-elections was largely due to a political fundraising scandal and that he would not step down or replace party executives to take responsibility.
MANADO, Indonesia (AP) — Indonesia’s Mount Ruang volcano erupted Tuesday for a second time in two weeks, spewing ash almost 2 kilometers (more than a mile) into the sky, closing an airport and peppering nearby villages with debris.
Gambling is considered taboo across Malaysia’s multicultural society – especially among the ethnic Malay majority, who are predominantly Muslim and legally barred from engaging in any form of betting. Yet Malaysians are also prolific gamblers, with the country’s nationals regularly appearing at gaming tables elsewhere in Asia.