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BYD, the world’s largest electric‑vehicle maker, reported a sharper‑than‑expected decline in net profit in the fourth quarter of 2025, as intense price competition and tighter regulations in China have trimmed margins for a third consecutive quarter. The company disclosed the figures on Friday as its board met to approve audited......
BASF inaugurated Thursday its massive Verbund integrated chemical complex in Zhanjiang, Guangdong province, southern China the company's biggest single investment in 160 years at 8.7 billion euros across four square kilometers employing over 2,000. Launch timing shadows short-term profitability amid industry overcapacity and weak margins.......
Rapid7 detailed Thursday how a China-linked threat actor, Red Menshen, planted stealthy BPFdoor backdoors in global telecom networks using Linux kernel-level malware. First revealed in 2022, BPFdoor leverages Berkeley Packet Filter technology to passively monitor network packets without opening ports or signaling activity, evading standard......
China has called for a more comprehensive response from Japan following a security breach at its embassy in Tokyo, warning that expressions of regret alone are insufficient. The incident involved an unauthorized intrusion into the Chinese diplomatic compound, reportedly carried out by an armed individual linked to Japan’s military.......
Australia and Germany committed Thursday to develop a shared space-based early-warning system. The pact targets growing orbital threats from Russia and China. The agreement marks a historic deepening of defense ties between these middle powers [thenewdaily.com.au]. Defense ministers Boris Pistorius of Germany and Richard Marles of Australia......
Iran has likely collected hundreds of millions of dollars in additional oil revenue since the U.S.-Israeli military campaign began on February 28, exploiting its unique position as the only major Persian Gulf producer still able to ship crude through the Strait of Hormuz. The windfall represents a central paradox of the conflict: the war has......
US and Israeli military strikes on Iran since February 28 have thrown Asia's $19 billion used car export industry into disarray. Ships avoid the Middle East, stranding cargoes at sea and overwhelming ports from Sri Lanka to China. Dealers feel the impact acutely. Umar Ali Hyder Ali runs Yokohama-based Kobe Motor, which ships about 18,000......
China's once-robust appetite for imported wine has collapsed, and a Communist Party directive banning alcohol at government and official functions has deepened the damage, leaving producers from France to Australia managing unsold inventory and sharply declining demand. In May 2025, Beijing renewed and tightened regulations on excessive......
China has expressed its willingness to address trade and economic issues with the Netherlands through dialogue, Wang Wentao said while meeting his Dutch counterpart on the sidelines of a WTO conference in Cameroon. The discussions included bilateral cooperation in the semiconductor sector and matters related to the chipmaker Nexperia, according......
Two U.S. senators, Tom Cotton and Chuck Schumer, plan to introduce the American Security Robotics Act, aimed at prohibiting the federal government from purchasing or operating humanoid robots produced by Chinese companies. The proposed legislation would also block federal funding related to these robots, citing national security concerns.......
China is reportedly considering relaxing restrictions on bank shareholding for major investors, in a move intended to expand funding options for commercial banks facing slower economic growth. Current regulations, introduced in 2018, limit a single investor holding 5% or more—a major shareholder—to owning stakes in no more than......
A study from Stanford University finds that greenhouse gas emissions from the United States have caused more than 10 trillion dollars in global economic damage since 1990. The research, published in Nature, introduces a new method that connects emissions from countries, companies, and individuals to measurable economic losses worldwide. The......
The energy shock triggered by the war in Iran is reshaping Asia’s energy outlook. Analysts say the disruption is accelerating the region’s shift toward renewable energy and electric vehicles, even as several countries increase coal use in the short term. Fighting has severely disrupted oil shipments through the Strait of Hormuz,......
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Iran under the lens
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First 100 days of the second Donald Trump presidency
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Les Impériales Week 2025: The Paradigm Shift – Business. People. Tech
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