The Japanese automaker posted a 3.7% drop in global group unit sales last year, including those of compact car maker Daihatsu and truck unit Hino Motors. The decline was largely due to a steep slump in sales in Japan where the automaker faced fallout from governance issues over certification test procedures, especially at Daihatsu. Second-ranked […]
Trump, speaking to reporters at the White House a day after his inauguration, also warned the European Union it could face stiff levies while aiming once again at Beijing over fentanyl trafficking. “They treat us very, very badly. So, they’re going to be in for tariffs,” Trump said of the EU. “You can’t get fairness […]
In a letter to UN Secretary-General Antonio Guterres, the government in Panama City referred to an article of the UN Charter precluding any member from “the threat or use of force” against the territorial integrity or political independence of another. The missive, distributed to reporters Tuesday, urges Guterres to refer the matter to the UN […]
China claims Taiwan as part of its territory and has threatened to use force to bring it under its control. Taipei fears Beijing could sever communication links to the island as part of an attempt to seize or blockade it. A Cameroon-flagged vessel was briefly detained by Taiwan’s coast guard earlier this month on suspicion […]
The new regulations will cap the number of AI chips that can be exported to most countries and allow unlimited access to US AI technology for America’s closest allies, while also maintaining a block on exports to China, Russia, Iran, and North Korea. The lengthy new rules unveiled in the final days of outgoing President […]
According to a SUPARCO spokesman, the EO-1 satellite has been designed to provide critical data for disaster response, agriculture, and urban planning. It will also assist in ensuring food security and water management while enhancing the country’s ability to monitor its natural resources. “Pakistan’s Indigenous EO-1 satellite is a significant step in space innovation,” said […]
Overseas shipments represented a rare bright spot in China’s economy last year as sluggish domestic consumption and a prolonged crisis in the property sector dragged on growth. Total exports last year “exceeded 25 trillion yuan for the first time, reaching 25.45 trillion yuan ($3.47 trillion)… a year-on-year increase of 7.1 percent”, state broadcaster CCTV said. […]
“From January to December 2024, the retail sales volume (of new energy vehicles) reached 10.899 million units, a year-on-year increase of 40.7 percent,” the China Passenger Car Association (CPCA) said. The Chinese electric vehicle market has witnessed explosive growth in recent years, driven in part by generous subsidies from Beijing. New energy vehicles (NEVs) accounted […]
Box office revenue totaled 42.502 billion yuan ($5.82 billion), according to the China Film Administration. That’s down 22.6% from 54.915 billion yuan in 2023, and 34% lower than the pre-pandemic peak in 2019. Of that, box office revenue of domestic films totaled 33.439 billion yuan, plunging 27.3% from 46.005 billion yuan in 2023. Hopes for […]
The hackers compromised third-party cybersecurity service provider BeyondTrust and were able to access unclassified documents, the letter said. According to the letter, hackers “gained access to a key used by the vendor to secure a cloud-based service used to remotely provide technical support for Treasury Departmental Offices (DO) end users. With access to the stolen […]
