Why EVs are causing a tire boom
The business of tires has historically been marked by tight competition, low growth and slow margins.
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A bus crashes into a tunnel wall in northern China, killing 14 people
BEIJING (AP) — A bus crashed into a tunnel wall on an expressway in northern China killing 14 people, state media said Wednesday.
South Korean tanker capsizes off southwestern Japan, 4 crewmembers rescued and 7 missing
TOKYO (AP) — A South Korean tanker capsized off an island in southwestern Japan early Wednesday, and the coast guard said it had rescued four crew members and was still searching for seven who were missing.
Cambodia’s prime minister sounds a sour note on trucks’ musical horns
PHNOM PENH, Cambodia (AP) — Cambodian Prime Minister Hun Manet has ordered a ban on musical horns, after videos posted on social media showed people dancing on roads and roadsides as passing trucks blasted rhythmic little tunes.
Early trends in Indonesian presidential election show Prabowo leading
Prabowo Subianto, a former special forces commander, was leading with an outright majority in Indonesia's presidential election with over 50 percent of quick votes counted, according to tallies from several independent pollsters, including the Indonesian Survey Institute, Population Center and Political Chart, on Wednesday.
Vietnam’s prosecutors seek death sentence for mastermind of nation’s largest financial scam
Vietnamese prosecutors on Tuesday called for a death sentence for Truong My Lan, the mastermind of the country’s largest financial fraud case on record, state media reported.
Hong Kong Security Law Could Damage City’s Standing as Financial Hub
Paul Chan, the top finance official of Hong Kong, traveled to Paris, London, Frankfurt and Berlin last September to lure foreign investors. Last month he abolished taxes on foreigners’ purchases of Hong Kong real estate. And he is soon set to host an international art show, as well as conferences for big money funds and advisers to wealthy families.