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BUSINESS

Toyota Head Questions EV Dominance, Champions Hybrids and Hydrogen Fuel
The chairman and former CEO of Toyota Motor Corporation, Akio Toyoda, has reiterated his company's reluctance...
China Mulls $139 Billion ‘Special Debt Issuance’ to Stimulate Economy, Long-Term Growth
In hopes of salvaging a sputtering economy, China is poised to issue a staggering 1 trillion yuan ($139...
Simmering Tensions: China Sanctions 5 US Defense Firms Over Arms Sales to Taiwan
On Jan. 7, China imposed sanctions on five American defense manufacturers in response to Washington’s...
Tesla, Other EVs Lose Tax Credits as US Hopes to Reduce Dependency on Chinese Batteries
WASHINGTON, D.C. (Reuters) — Many electric vehicles lost eligibility for tax credits of up to $7,500...
Some Chinese Goods to Remain Exempt From Trump-era Tariffs Until June 2024
WASHINGTON — The office of U.S. Trade Representative Katherine Tai on Tuesday, Dec. 26 announced a further...
Intel Granted $3.2 Billion for New Chip Plant in Israel
JERUSALEM — Israel's government agreed to give Intel a $3.2 billion grant for a new $25 billion chip...
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Driven by Post-Pandemic Rebound, US Oil Giants Spent $250 Billion in 2023
HOUSTON — The oil and gas industry went on a $250 billion buying spree in 2023, taking advantage of companies...
Beijing Deploys Propaganda to Cover up China’s Rapid Economic Decline
Worsening economic figures, rising political instability, and intensifying crackdowns by the Chinese...
Are Japan’s Abandoned Houses Turning Into Goldmines? Why Investors Are Reviving the Rural ‘Akiya’ Gems
Parts of Japan's countryside, dotted with old, abandoned homes, are witnessing a notable transformation...