Industries.
Beijing halts new energy battery plant approvals
China's Ministry of Industry and Information Technology initiated the freeze in May to prevent overcapacity in energy-storage systems.
Trump Canada Tariffs: Toyota, Honda Face Production Shift
Former US President Donald Trump's proposed 50 per cent tariff on Canadian car imports could force Japanese automakers Toyota and Honda to reconfigure their North American production. The two companies manufacture over three-quarters of all cars made in Canada.
China Drives Billions into Indonesian Petrochemicals Amid Domestic Green Push
Chinese firms are investing billions in Indonesia's petrochemical sector. This expansion occurs as Beijing tightens environmental standards at home, raising questions about Indonesia's emissions and long-term economic strategy.
SK hynix US HBM Production Hub to Commence 2029 Output
South Korean chipmaker SK hynix has begun construction on its advanced packaging facility in Indiana, investing over $4 billion. The plant will produce next-generation High Bandwidth Memory for AI applications, with mass production slated for the second half of 2029, aiming to supply US technology firms.