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Trade asian news

Carl Icahn - Hindenburg takes aim at AI server maker Super Micro with short position - cnbc.com - India

Hindenburg takes aim at AI server maker Super Micro with short position

Hindenburg Research on Tuesday disclosed a short position in Super Micro Computer and alleged "accounting manipulation" at the AI server maker, the latest by the short seller whose reports have rocked several high-profile companies.

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Sheila Chiang - Evelyn Cheng - Michael Dunne - Chinese EV company Xpeng sees shares pop 6% after it launches mass-market car - cnbc.com - China - Hong Kong - New York - city Beijing - city Hong Kong

Chinese EV company Xpeng sees shares pop 6% after it launches mass-market car

BEIJING — Xpeng shares rose after the Chinese electric car company launched its new mass-market Mona brand on Tuesday with prices starting as low as $16,812, far below that of Tesla's cheapest Model 3.

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Sophie Kiderlin - Europe markets close slightly higher, led by travel stocks - cnbc.com - Israel - state Texas - Germany - county Jerome - city Powell, county Jerome

Europe markets close slightly higher, led by travel stocks

LONDON — European markets closed slightly higher on Tuesday, as travel stocks led gains.

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Joe Biden - Jake Sullivan - China accuses Canada of protectionism over 100% tariffs on electric vehicles - apnews.com - Canada - China - Usa - county Sullivan

China accuses Canada of protectionism over 100% tariffs on electric vehicles

BEIJING (AP) — China on Tuesday accused Canada of protectionism after Prime Minister Justin Trudeau’s government imposed a 100% tariff on imports of Chinese-made electric vehicles, matching U.S. duties on Chinese EVs.

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Anwar Ibrahim - AMY CHEW - Taliban courts Malaysia for trade and investment amid Afghanistan’s economic crisis - scmp.com - Malaysia - Afghanistan - city Kuala Lumpur

Taliban courts Malaysia for trade and investment amid Afghanistan’s economic crisis

While Kuala Lumpur does not officially recognise the Taliban government, Malaysian officials, NGOs and business officials have been visiting Afghanistan to explore ways to establish ties with various stakeholders.

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Reuters - Indian solar panels face US scrutiny for possible links to China forced labour - scmp.com - China - Usa - Thailand - Malaysia - India - region Xinjiang - Vietnam

Indian solar panels face US scrutiny for possible links to China forced labour

US Customs and Border Protection have detained nearly US$43 million in shipments of electronics equipment from India since October under a 2022 law banning goods made with forced labour, according to agency data, representing a new focus for the trade enforcement agency.

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Sheila Chiang - Canada to slap 100% import tariffs on Chinese electric vehicles over 'unfair' competition - cnbc.com - Canada - China - Eu

Canada to slap 100% import tariffs on Chinese electric vehicles over 'unfair' competition

Canada said on Monday it would impose 100% import tariffs on China-made electric vehicles, following in the footsteps of the U.S. and the European Union in slapping taxes over concerns related to unfair subsidies.

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Bloomberg - Singapore’s currency scales new heights as traders bet on diverging policy paths - scmp.com - Usa - Singapore - city Singapore

Singapore’s currency scales new heights as traders bet on diverging policy paths

The Monetary Authority of Singapore, which uses the exchange rate as its main monetary policy tool, maintained an appreciating bias for the currency at its July meeting to rein in inflation. Singapore upgraded this year’s growth forecast last month to a range of between 2 per cent and 3 per cent, from an earlier band of 1 per cent to 3 per cent, citing a resilient external demand outlook, further underpinning the local dollar.

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