European markets higher on busy week for central bank action
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Reports asian news
First ‘Allah’ socks, now outrage over shoes as Malaysia’s Islamists drive outcry
Vern’s, a high-street shoe brand in Malaysian shopping centres, has been thrust into the dangerous cross hairs of the nation’s conservative-driven cancel culture, which critics say is over-the-top, divisive and used cynically by Islamist parties seeking political gain in the Muslim-majority country.
Russia Foreign Minister Sergey Lavrov visits Beijing to emphasize ties with strongest political ally
BEIJING (AP) — Russian Foreign Minister Sergey Lavrov arrived in Beijing Tuesday to display the strength of ties with close diplomatic ally China amid Moscow’s grinding war against Ukraine.
Will China flood the globe with EVs and green tech? What’s behind the latest US-China trade fight
WASHINGTON (AP) — China’s burgeoning production of electric cars and other green technologies has become a flashpoint in a new U.S.-China trade fight, highlighted by Treasury Secretary Janet Yellen during her five-day visit to China and seized on by former President Donald Trump in incendiary remarks on the campaign trail.
Toyota will oversee model certification at subsidiary Daihatsu after safety testing scandal
TOKYO (AP) — Japanese automaker Toyota will oversee model certification at its subsidiary Daihatsu to regain trust among dealers, customers and workers after a safety testing scandal, Daihatsu’s new president said Monday.
Malaysian shoemaker apologizes for high heels with logo that some say resemble Arab writing for God
KUALA LUMPUR, Malaysia (AP) — A Malaysian shoe company has apologized and stopped selling some of its footwear after some Muslims said the logo resembled the Arabic writing for the word God.
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China says innovations, not subsidies, are powering EV edge as Yellen raises 'overcapacity' concerns
China's Minister of Commerce Wang Wentao said that the speedy rise of the country's electric vehicle firms was not because of subsidies, but due to "constant innovations."