Asia-Pacific
Nissan annual net profit nearly doubles on-year
Japanese automaker forecasts a dip of 10% for the current financial year despite bumper profits driven by rising demand across markets.
Australia backs long-term gas drilling despite 2050 climate goals
Resources Minister Madeline King said Australia's LNG would be needed "through to 2050 and beyond" in the global shift to cleaner energy.
China’s April crude oil imports rise 5.45% on previous year
Chinese crude oil imports rose as refiners prepared for holiday travel.
Opinion: Green steel needs tiered incentives to flourish in Asia
Virtually every player in the market is taking green steel seriously – but achieving net-zero by 2050 is likely a pipedream, unless there's...
Vietnam’s second LNG terminal starts commissioning phase, operator says
SINGAPORE – Vietnam has started the commissioning phase of its second liquefied natural gas (LNG) terminal and is on track to start commercial...
EU tariffs on Chinese EVs could backfire, hobble Green Deal, BMW CEO says
BMW's CEO has warned against imposing EU import duties on EVs from Chinese automakers, saying it could upend the bloc's Green Deal
BMW says EU probe into China EV subsidies against free trade
CEO of German luxury carmaker BMW on Wednesday warned the European Union's investigation into Chinese electric car subsidies runs counter to free trade
South Korea welcomes US decision to extend use of Chinese graphite in EVs
South Korea welcomed a US decision to extend automakers' eligibility for EV tax credits for cars containing Chinese graphite through 2026
Global car giants seek tech allies in China’s cutthroat EV market
Struggling foreign automakers in China are looking for help from local tech giants to try to stay competitive in the world's biggest EV...
