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News
European Central Bank raises interest rates a quarter point to quell energy-fueled inflation
3+ day, 22+ hour ago (296+ words) The central bank for the 21 EU member countries that use the euro currency raised its benchmark rate by a quarter percentage point to 2.50% at a meeting held in Berlin, away from the bank’s Frankfurt headquarters. Bank President Christine Lagarde said…...
China says it hopes to agree with US on tariff reductions 'at an early date"
4+ day, 1+ hour ago (245+ words) Negotiators are striving to implement reciprocal tariff reductions on $30 billion of goods “at an early date," Commerce Ministry spokesperson Huang Ling said at a weekly briefing. She did not elaborate. U.S. President Donald Trump and Chinese leader Xi Jinping are…...
China’s car exports in first 8 months surpass 2025 total, as EV sales soar
4+ day, 3+ hour ago (237+ words) Passenger car exports in August jumped 67.1% from the year before to around 890,000 units, driven by plug-in hybrids and pure electric vehicles, according to the China Association of Automobile Manufacturers (CAAM). China exported more than 6.2 million passenger vehicles. Exports of all…...
Chinese electric bike imports surge as Africa’s EV investments diversify
4+ day, 4+ hour ago (356+ words) Greenwich Time Two and three-wheelers account for a large share of vehicles on African roads and are heavily used commercially So, switching to electric from gasoline and diesel engines could cut fuel consumption and urban air pollution Northern African countries…...
Asian shares are mixed as Brent crude approaches $100 a barrel
5+ day, 7+ hour ago (191+ words) greenwichtime.com Japan's benchmark Nikkei 225 was nearly unchanged at 65,249.95, and South Korea's Kospi gained 1.2% to 7,041.10 In Hong Kong, the Hang Seng dipped 0.1% to 25,287.99 The Shanghai Composite gained 0.2% to 3,949.89 Australia's S&P/ASX 200 slipped 0.2% to 8,903.20 Taiwan's Taiex edged 0.2% higher and the…...
Canada will move faster from US reliance as tariffs take effect and Trump response looms
5+ day, 19+ hour ago (651+ words) “In too many areas, they wanted dependency, not a true economic partnership,” Carney said in a prerecorded video outlining his government’s plan to withstand the trade war. The prime minister said four decades of deeper economic integration had left Canada…...
Japan protests as China slaps new measures against its exports of a key chipmaking material
6+ day, 5+ hour ago (230+ words) China imposed the curb on imports of dichlorosilane from Japan, saying its exports of the material, also known as DCS, have violated anti-dumping regulations and harmed China’s domestic industry. Beginning Tuesday, companies importing the chemical compound from Japan must provide…...
What to know about Canada’s escalating trade war with the US as Carney retaliates with tariffs
6+ day, 7+ hour ago (1057+ words) The outcome could resonate far beyond Canada, showing other governments whether a smaller U.S. ally can withstand Trump’s economic pressure. Canadian Prime Minister Mark Carney says U.S. demands could hollow out key Canadian industries and limit the country’s independence, while Trump’s…...
China's exports pick up in August, jumping 25% on strong demand for autos and high tech goods
6+ day, 8+ hour ago (261+ words) greenwichtime.com The data came ahead of U.S President Donald Trumpâs planned meeting with Chinese leader Xi Jinping, set for late September, though Beijing has not yet confirmed the exact date for the visit Exports grew 23.9% year-on-year in July…...
Carbon credit financing emerges as Africa’s biggest bet for expanding clean cooking
1+ week, 7+ hour ago (727+ words) Today, she says, for 80 cents in electricity tokens she can cook several meals. “It cooks much faster, and is much safer because I have young children,” Kavutha said. “With charcoal there was always smoke in the house. Now I can…...