Toyota to ramp up hydrogen fuel cell vehicle sales

Toyota Motor Corp on Thursday said it plans to set up a facility to mass manufacture hydrogen fuel cell stacks, a key component of fuel
24 May 2018, 18:00 PM

Financial firms face new EU disclosure requirements on green investment

The European Commission proposed on Thursday new rules to force asset managers, insurers and pension funds to disclose how they take into account environmental risks in their investments and abide by clearer criteria when they claim “green” credentials.
24 May 2018, 18:00 PM

Japan hits back as US mulls auto tariffs

Japan's trade minister on Thursday pushed back against Washington for considering possible tariffs on automobile imports, a major driver of the Japanese economy.
24 May 2018, 18:00 PM

India trying to get resolution soon on rising fuel prices

India is trying to get a resolution soon on tackling rising fuel prices, and the government is looking at both short-term and long-term solutions, said Oil Minister Dharmendra Pradhan on Thursday.
24 May 2018, 18:00 PM

Indian rice prices ease to lowest in a year as rupee slides

Rice prices in India fell for the third straight week to their lowest level in a year as the rupee slipped to a 16-month low, while markets in
24 May 2018, 18:00 PM

German carmakers dismayed as US weighs auto tariffs

German automakers reacted with dismay Thursday as the US Commerce Department said tariffs on car imports could be on the horizon, potentially opening a new front in a burgeoning transatlantic trade conflict.
24 May 2018, 18:00 PM

Uber self-driving car failed to recognise pedestrian, brake: US agency

An Uber self-driving vehicle that struck and killed a woman in Arizona in March failed to identify the pedestrian or to brake, raising serious questions about its performance, the US National Transportation Safety Board said in a preliminary report released on Thursday.
24 May 2018, 18:00 PM

Apple, Goldman Sachs working on credit card

Apple is working with financial giant Goldman Sachs on a credit card that would carry the iPhone maker's digital wallet logo, according to a report Thursday in the Wall Street Journal.
13 May 2018, 18:00 PM

JP Morgan looks to expand in China

Wall Street titan JP Morgan Chase has become the latest firm to apply for a controlling stake in a Chinese securities venture, taking advantage of new rules Beijing put in place last month as part of a move to open up the economy.
13 May 2018, 18:00 PM

Brexit seen threatening UK links in EU supply chain

Mandy Ridyard knew Brexit was going to be a challenge for her aviation components firm, but it was still a shock when she heard a French company bluntly ruling out British suppliers from an international bid for a contract in China.
13 May 2018, 18:00 PM

Airbus, Boeing fly into lucrative services market

Airbus and Boeing may have built their global success on the back of the transcontinental airliners but they are now eyeing a lucrative if rather less glamorous side of the aviation sector in their battle to dominate the skies -- parts and repairs.
13 May 2018, 18:00 PM

ZTE woes loom as US-China trade tensions rise

With a major Chinese smartphone maker on the rocks following US sanctions, the trade spat between Washington and Beijing appears to be taking a turn for the worse for tech firms in the two global economic powerhouses.
13 May 2018, 18:00 PM

Difficult to shield German firms after US withdrawal from Iran deal: minister

Germany wants to help its companies continue doing business in Iran after the US decision to reimpose sanctions against Tehran, but it could be difficult to shield them from any fallout, Foreign Minister Heiko Maas said on Sunday.
13 May 2018, 18:00 PM

ZTE teeters as US ban hits operations

Chinese telecom giant ZTE faces a grim future after ceasing major operations due to a US ban on American sales of critical technology to the company, raising the stakes in a trade spat between the world's two largest economies.
10 May 2018, 18:00 PM

S Korea puts pressure on Samsung over complex ownership structure

South Korean regulators turned up the heat on Samsung Group over its complex ownership structure, with the country's antitrust chief saying on Thursday the arrangement for control at the nation's top conglomerate was “not sustainable”.
10 May 2018, 18:00 PM

Sri Lanka sharply raises fuel prices

Sri Lanka hiked fuel prices Thursday by up to 130 percent following pressure from the International Monetary Fund and its central bank to reduce the burden of heavy subsidies on its struggling economy.
10 May 2018, 18:00 PM

Asia coal industry sees blue skies, ignores storm clouds

Asia's coal miners, shippers and traders are seeing strong demand and rising prices for their fuel, and they expect this happy situation to persist for several years to come.
10 May 2018, 18:00 PM

Apple scraps $1b Irish data centre over planning delays

Apple ditched plans to build an 850 million euro ($1 billion) data centre in Ireland because of delays in the approval process that have stalled the project for more than three years, the iPhone maker said on Thursday.
10 May 2018, 18:00 PM

Oil edges up

Oil prices edged higher on Thursday despite swelling US crude inventories and record weekly US production, as focus shifted back to Opec supply cuts and the potential of new US sanctions against Iran.
3 May 2018, 18:00 PM

Slowing growth is another headwind for Asian currencies

The spectre of slower global economic growth presents another threat for Asian currencies, many of which are already under pressure from rising US yields and capital outflows.
3 May 2018, 18:00 PM