Page 78 - China

China considers probe into Apple's policies, App Store fees: Report

The development comes a day after China announced measures targeting US businesses including Google, farm equipment makers and the owner of fashion brand Calvin Klein

Stock Market Close Highlights: Sensex sheds 313pts, Nifty ends at 23,696; Smallcap shares outperform

Stock Market Highlights on February 5, 2025: Broader markets outperformed the benchmarks, with small-cap shares leading the charge, as the Nifty Smallcap100 index ended higher by 1.85 per cent

Toyota announces EV, battery push in China, US as quarterly profit surges

Toyota is developing and making electric vehicles and EV batteries in China, the Japanese automaker said Wednesday, under a new partnership with the Shanghai government. Toyota Motor Corp. also announced it will start producing batteries for EVs, hybrids and plug-ins at a new USD 14 billion facility in North Carolina, with shipping starting for North American models in April. The moves highlight Toyota's aggressive push in electric cars, a sector where some critics have said it's fallen behind rivals like Tesla and BYD at a time when the Chinese EV market is booming and the world's concerns about sustainability are increasingly crucial. Toyota is setting up a company in Jinshan district in southwest Shanghai for that effort, with production of the new Lexus EVs starting in 2027. Initial production capacity there totals 100,000 vehicles a year, which will create about 1,000 jobs, the world's top automaker said. The battery plant in the US will create some 5,000 jobs, according to ..

Chinese chip makers, cloud providers rush to embrace homegrown DeepSeek

The news that Huawei had integrated DeepSeek's models with its Ascend chips marked a watershed moment

US postal service suspends incoming packages from China, Hong Kong

The Trump administration imposed an additional 10 per cent tariff on Chinese goods that came into effect on Tuesday

China's services activity grows at slower pace in Jan, PMI slips to 51

The Caixin survey showed that new business growth eased to a four-month low, while employment fell to the weakest since April 2024

Markets Today: Services PMI; MPC; Trump-China news; Swiggy, Titan Q3; IPO

At 6:33 AM, GIFT Nifty futures were up 71 points at 23,856, signaling a higher start for Indian markets

Markets rebound to settle at 1-month high after Trump delays tariff storm

US move to delay tariffs, China's response improve investor sentiment

China launches antitrust probe into Google, labels 2 other firms unreliable

China Tuesday announced a flurry of retaliatory measures against the US, including tariffs on imports of products such as coal, liquefied natural gas products and crude oil, as well as an antitrust probe into Google. It also placed two other US firms on an unreliable entity list that could bar them from investing in China. China and Google have had a long and entangled relationship going back to the early 2000s. Here's a look at Google's history in China and what the antitrust probe means for the company: What is Google's relationship with China? Google launched Chinese-language search engine google.cn in 2006. It was censored to comply with Beijing's laws, and in 2009, was a major search engine in China with about 36% market share. In 2010, in response to a cyberattack and an increasing unwillingness to comply with censorship rules, Google said it was no longer willing to block search results and shut down its Chinese search engine, redirecting users to its Hong Kong site ...

Dollar holds ground as tariffs on China kick in but Euro, Yuan, AUD slide

Canadian dollar, Mexican peso down after Monday rebound

US, Philippine jets jointly patrol disputed shoal region guarded by China

US and Philippine fighter aircraft staged a joint patrol and training Tuesday over a disputed South China Sea shoal where Chinese fighter jets fired flares last year to drive away a Philippine aircraft, Philippine officials said. The joint patrol and air-intercept drills over the hotly disputed Scarborough Shoal off the northwestern Philippines were the first by the longtime treaty allies since US President Donald Trump took office again. Trump's America First foreign policy thrust has sparked concerns among Washington's allies in Asia about the scale and depth of US commitment to the region in his new term. His predecessor, Joe Biden, had moved to strengthen an arc of security alliances in the region to counter China's increasingly assertive actions. Two US Air Force B-1 bomber aircraft and three Philippine Air Force FA-50 fighter jets joined the brief patrol and training, which involved practising how to intercept a hostile aircraft, Philippine air force spokesperson Maria Consuel

China hits back at Trump tariffs with 10-15% duty on select US goods

This announcement comes in response to the 10 per cent tariffs announced by Trump on China

Taiwan detects 11 Chinese aircraft, 6 naval vessels around its territory

Among them, four aircraft crossed the median line and entered Taiwan's northern and southwestern Air Defense Identification Zone (ADIZ)

Singapore's DBS finds seat on table as MNCs start to look away from China

DBS Group Holdings Ltd. may want to purchase 29 per cent of Alliance Bank Malaysia Bhd., one of the country's smallest publicly traded banks, from its top investor

Why DeepSeek's AI leap only places China in technological front for now

DeepSeek has brought together and extended a range of ideas, with the key advances in hardware and the way learning works

Oil prices rise as Trump's tariffs on Mexico, Canada, China stoke fears

Gasoline pump prices in the US are certainly expected to rise with the loss of crude for refineries and the loss of imported products, said Mukesh Sahdev at Rystad Energy

Pakistan President Zardari to visit China on Tuesday on 5-day state visit

President Asif Ali Zardari will travel to China on Tuesday on a five-day state visit during which he will discuss a broad spectrum of bilateral relations with the Chinese leaders, with a focus on economic and trade cooperation, security collaboration, and the multi-billion dollar economic corridor (CPEC). The Foreign Office said on Monday that President Zardari, who is visiting Beijing at the invitation of his Chinese counterpart Xi Jinping, will hold high-level meetings with the President, Premier Li Qiang, and other senior officials. Their "discussions will encompass the full spectrum of Pakistan-China relations, with a particular focus on economic and trade cooperation; counter-terrorism and security collaboration, China-Pakistan Economic Corridor (CPEC) and future connectivity initiatives," state-run Radio Pakistan quoted the Foreign Office as saying. The two sides will also exchange views on regional and global geopolitical developments and cooperation in multilateral forums, i

Trump bans China's 'de minimis' route: What it is and why it matters

Trump's new tariffs suspend China's de minimis exemption, blocking duty-free shipments under $800 - a move aimed at curbing fentanyl inflows and impacting Chinese e-commerce firms

Will take canal back or something powerful will happen, Trump warns Panama

Military intervention would likely not be required but Panama has breached its agreement with the US, said President Donald Trump

India Inc looks to navigate US President Donald Trump tariff storm

Some sectors hoping to cash in on the likely void created by Canada, Mexico, China