Despite reforms, Vietnam remains a non-market economy, US declares
Vietnam will continue to be classified as a non-market economy, the US announced on Friday, one of only 12 nations Washington identifies as such.
Asian news from Eu
EU approves Hewlett Packard Enterprise's $14 billion Juniper deal
The EU Commission on Thursday said it had unconditionally approved the $14 billion takeover of networking gear maker Juniper Networks by Hewlett Packard Enterprise.
Moderna stock falls more than 10% as it slashes guidance on low EU sales, tough U.S. vaccine market
Moderna on Thursday reported second-quarter revenue that beat expectations but slashed its full-year sales guidance, citing lower expected sales in Europe, a "competitive environment" for respiratory vaccines in the U.S. and the potential for deferred international revenue into 2025.
World’s first major AI law enters into force — here's what it means for U.S. tech giants
The European Union's landmark artificial intelligence law officially enters into force Thursday — and it means tough changes for American technology giants.
Uber to start using BYD cars in Europe, Latin America and develop 'autonomous-capable vehicles'
BEIJING — Uber and BYD announced Wednesday that drivers on the ride-hailing platform can get pricing and financing deals for the Chinese company's electric cars, starting in Europe and Latin America.
Banks get bullish on the British pound despite the possibility of an imminent snapback
LONDON — With sterling as one of the best performing major currencies so far this year, analysts at various investment banks believe that the British pound still has more room to run, despite the Bank of England likely cutting interest rates in the near term.
Cost is key for Southeast Asia to attract EV investment, BCG says
JAKARTA -- Southeast Asian countries looking to enter the electric vehicle supply chain must do more to reduce costs if they want to take advantage of the trade friction between China and the West over EVs, Boston Consulting Group's Asia-Pacific chief told Nikkei Asia.