Emerging Markets
LATEST NEWS FROM EMERGING MARKETS
Emerging Markets
Malaysia to establish data centre framework to streamline policies
Malaysia will establish a data centre framework in October to streamline policies and development in the sector, the trade and digital ministries said on Tuesday.
Emerging Markets
China to issue action plans to stabilise autos and other sectors
China will issue action plans to stabilise growth in the machinery, autos, and electrical equipment sectors, Tao Qing, an official with the industry ministry, said on Friday.
Emerging Markets
China to lower price threshold for collecting consumption taxes on luxury cars
China on Thursday announced changes to how consumption tax is collected from the sales of ultra-luxury vehicles, according to a statement released by the finance ministry.
Emerging Markets
China's Chery denies improper subsidy declarations
Chinese automaker Chery on Saturday denied assertions that it had improperly claimed government subsidies for environmentally friendly vehicles.
Emerging Markets
China's June lending seen tripling as trade truce holds
China's June new yuan loans tripled compared with a month ago, likely supported by front-loaded public funding and strength in corporate loans against the backdrop of a sustained t...
Emerging Markets
China places export controls on eight Taiwanese firms citing dual-use tech concerns
China's commerce ministry on Wednesday said it has added eight Taiwanese firms to an export controls list, citing concerns over shipments of dual-use technologies from the democrat...
Emerging Markets
GAC Fiat Chrysler Automobiles joint venture declared bankrupt
GAC Fiat Chrysler Automobiles, a joint venture between Stellantis and China's Guangzhou Automobile Group , said on Tuesday it has been declared bankrupt.
Emerging Markets
Indonesia's top negotiator to visit U.S. on Monday ahead of tariffs deadline, official says
Indonesia's senior economic minister Airlangga Hartarto, the country's main negotiator for U.S. tariff talks, is scheduled to go to the United States on Monday, an official told Re...
Emerging Markets
Vietnam hails US pact a boost for business as firms await deal details
Vietnam hailed a long-awaited trade deal with the United States as a breakthrough on Thursday and said negotiators were working to finalise details, as business groups awaited clar...
Emerging Markets
Russia sues for owner's stake in gold producer Uzhuralzoloto, say news agencies
The office of Russia's Prosecutor General has filed a lawsuit seeking to transfer ownership of some shares in gold producer Uzhuralzoloto to the state, Russian news agencies report...
Emerging Markets
South Korea's Lee says bold government fiscal role more important than ever
South Korean President Lee Jae Myung said on Thursday it was more important now than ever for the government to play an active role in executing a bold fiscal policy, at a news con...
Emerging Markets
China lifts yuan midpoint, but trade weighted value falls to lowest since 2021
China lifted its official yuan midpoint to its strongest since November on Tuesday, but pressured its value versus its major trading partners to the lowest level in more than four ...
Emerging Markets
Canada orders China's Hikvision to close Canadian operations
The Canadian government has ordered Chinese surveillance camera manufacturer Hikvision to cease operations in Canada over national security concerns, Industry Minister Melanie Joly...
Emerging Markets
Hanwha Ocean offers Poland financing deal for submarines
Hanwha Ocean has added a comprehensive financing deal to its proposal to sell Poland submarines, the South Korean shipbuilder said on Friday, as it battles rival European bidders.
Emerging Markets
Huawei-Chery joint brand Luxeed offers $2,794 cash subsidies
The electric vehicle brand Luxeed, jointly developed by China's Huawei (HWT.UL) and Chery (CHERY.UL), will offer cash subsides of 20,000 yuan ($2,794.00) for all of its cars until ...
Emerging Markets
Exclusive: Indonesia to make e-commerce firms collect tax on sellers' sales, sources say
Indonesia plans to implement new regulations requiring e-commerce platforms to withhold tax on their sellers' sales income in a bid to boost revenues, according to two industry sou...
Emerging Markets
China's Zou Jiayi named next AIIB president
China's finance ministry said on Tuesday the next president of the Asian Infrastructure Investment Bank would be Zou Jiayi, a former Chinese vice finance minister who is expected t...
Emerging Markets
China's auto dealers urge automakers to pay cashbacks within 30 days
Chinese auto dealers on Monday urged automakers to pay cashback incentives within 30 days to help to alleviate their financial pressures.
Emerging Markets