TOKYO -- China's export growth slowed sharply in March, as the war in Iran rocked global markets, while higher energy prices sharply increased the country's import bill and cut into its trade surplus.
Nissan cuts model lineup by 20% as it unveils new AI tech strategy
YOKOHAMA, Japan -- Struggling carmaker Nissan Motor unveiled a long-term technology strategy on Tuesday that includes an artificial intelligence-powered autonomous driving system and a range of electric-vehicle options, as the company sought to bolster its business restructuring plan.
PLS chief sees 'supply shortness' and higher prices ahead for lithium
CANBERRA -- PLS chief executive Dale Henderson is optimistic that the "lithium winter" is coming to an end as prices of the key battery metal, which have risen sharply from last year's lows, look set to continue their ascent.
Foreign investors bet on revamp of Bangladesh's informal retail sector
DHAKA -- Foreign investors are making cautious but strategic bets on formalizing Bangladesh's retailing industry, with Indonesia's Alfamart entering into a partnership with local conglomerate Kazi Farms Group, while Japanese trading house Mitsui & Co. has backed leading retail chain Shwapno.
Singapore Q1 preliminary GDP up 4.6% on year, misses 5.9% forecast
SINGAPORE -- Singapore's economy grew 4.6% in the January-March quarter from a year earlier, preliminary data showed Tuesday, slowing from a 5.7% expansion the previous quarter. The city-state has tightened its monetary policy to address persistent inflation.
Japan, South Korea stocks near highs reached before Iran war
TOKYO -- Stock markets in Japan and South Korea rose on Tuesday morning, with the benchmarks in both countries closing in on record highs reached before the Iran war broke out on Feb. 28.
South Korea and Japan on edge as US shifts military assets to Iran war
SEONGJU, South Korea/TOKYO -- The outbreak of war in Iran effected a quiet change in the bucolic village where Lee Seog-ju has lived his whole life.
New Hungary PM seen resetting rules for China, EV sector: 4 things to know
HAMBURG, Germany -- Hungarian voters turned out in record numbers to catapult opposition leader Peter Magyar and his Tisza party into power in parliamentary elections on Sunday, convincingly ousting Prime Minister Viktor Orban after 16 years in office.
Vingroup launches first bullet train project linking Vietnamese cities
HO CHI MINH CITY -- Vingroup has begun work on a high-speed rail line in northern Vietnam as part of an eventual $5.6 billion network that will slash two-hour trips from Hanoi to 30 minutes.
Cambodia eyes 7-fold expansion of deep-water port with help from Japan
HANOI -- Cambodia is expanding the Sihanoukville Port on the country's southwest coast, with a proposal calling for a seven-fold increase in freight handling capacity by 2050, as the closure of border crossings with Thailand necessitates alternate routes for goods.