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Europe News

Macron opens Paris Motor Show amid crisis for French carmakers

The French president called for tariffs on Chinese EVs and a united European strategy as the auto industry struggles.

Taiwan

China holds large military exercises in 'major warning' to Taiwan

China has held military drills around Taiwan with increasing regularity in recent years, in what Taiwan has called a "provocation."

Sport

Jannik Sinner beats Novak Djokovic to take Shanghai Masters title

The South Tyrolean champion beat the Serb in just two matches in the Shanghai Masters 1000 final. Sinner thanked Djokovic, calling him a 'sports legend'.

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Taiwan celebrates National Day amid tensions with China

Taiwan's National Day saw President Lai reaffirm Taiwan's sovereignty and call for peace, with celebrations focused on speeches and performances amid rising tensions with China.

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Europe News

MEPs debate crisis facing Europe's automotive industry

Europe's car industry has been battling against the transition to low carbon technologies, the degradation of supply chains, increased competition from Asia, and decreased demand for electric models.

Business

China goes for the slow burn with anti-dumping brandy levy for Europe

China is imposing more restrictions for Europe with its anti-dumping measures for imports of European brandy. This is particularly hard hitting for brands such as Hennessy and Rémy Martin.

Business

European luxury businesses set for boost from China's Golden Week

China's Golden Week holiday has seen a surge in consumer spending, which could provide further momentum to European luxury markets.

Pakistan

Pakistani separatists bomb Chinese convoy near Karachi airport

The late-night attack killed two Chinese workers and injured eight others, including police officers escorting the convoy.

Europe News

EU approves steep tariffs on Chinese EVs, despite lack of majority

Chinese producers of electric vehicles will soon face steep tariffs before selling their high-end goods in the EU market.

Europe News

Von der Leyen's China policy faces make-or-break vote on EV tariffs

Amid Beijing's threats of retaliation, member states need to decide if they want to slap additional import tariffs on Chinese electric vehicles.

USA

CIA seeks more informants in China, Iran and North Korea

In a bid to attract more tipsters, the CIA published a set of online instructions on how to reach out to Langley in Korean, Mandarin and Farsi on Wednesday.

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Tibetans protest outside China's embassy in India

Tibetans in India staged a protest outside China’s embassy in New Delhi, calling for an end to "genocide" in Tibet.

Germany

German police arrest AfD-linked Chinese spy for leaking military data

The Chinese national is accused of conveying sensitive information to an ex-AfD staffer who is also facing espionage charges.

China

Xi warns of 'rough seas' as China fetes 75 years of communist rule

Commemorations were also held in the former UK colony of Hong Kong and Portugal’s former territory of Macao, both of which returned to Chinese sovereignty in the late 1990s.

Netherlands

Will Rutte's political savvy help him manage a growingly complex NATO?

As the former Dutch PM takes over as secretary general of the alliance, analysts say he will have to use his political survival skills as an astute negotiator to persuade members to spend more on defence and keep supporting Ukraine.

Business

AIIB: Multilateral development banks unite to fight climate change

Battling climate change needs both public and private financing, leveraged through multilateral development banks like AIIB, says its president, Jin Liqun. The Asian Infrastructure Investment Bank is working with World Bank, EBRD and other financial institutions to step up projects across the globe.

Hungary

Orbán rallies China and Brazil in renewed Ukraine peacemaking push

Kyiv — which views Orbán's constant overtures to Moscow and pushback against support for Ukraine as hostile — is on a peace-through-victory campaign of its own and might not have any interest in hearing out Russia's demands any time soon.

China

China’s top-of-the-line nuclear submarine sunk in shipyard

Beijing has not acknowledged the sinking and a US defence official said it was "not surprising" that China's navy would conceal it.

China

China test-fires intercontinental ballistic missile into Pacific Ocean

Beijing's rapid expansion of its missile capability in recent years represents a direct challenge to the US security guarantees that much of East Asia depends upon.

Markets

European markets climb as China unveils economic stimulus package

European markets opened higher, buoyed by the People's Bank of China's (PBOC) recent suite of easing measures. Mining stocks are expected to gain from the strong price rally in key metals.