Economy News

Monday 13 October 2025

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scmp - 5 month ago

Driver arrested in eastern China after bus stop crowd hit during May Day holiday

No details of casualties or possible motive have been released after the crash which happened on Sunday afternoon.

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Ukraine lost 60% of gas output – Bloomberg

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Britain faces winter gas shortages – FT

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IMF issues global debt warning

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AI could wipe out 100 million US jobs – Bernie Sanders report

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Tesla beats Mercedes in sales

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ECB boss warns EU against seizing Russian assets

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No euro for Hungary as EU ‘falling apart’ – Orban

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Apple lining up successor to CEO Cook – Bloomberg

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Brussels moves to lift sanctions on Russian billionaire’s assets – FT

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US dollar hits 30-year low in global foreign reserves – IMF

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Musk becomes first person worth $500 billion – Forbes

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Russian oil product finds unexpected top buyer – NGO

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Ukraine conflict fuels ‘gold rush’ for Western weapons makers – NYT

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Russian oil keeps flowing despite US pressure – Bloomberg

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Saudi Arabia to buy world’s largest video games publisher

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Russia’s finance minister explains VAT increase

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US ‘ready to displace’ all Russian gas and oil in EU – energy secretary

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Russian Finance Ministry proposes VAT increase

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Russia to introduce 5% gambling tax

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Post-Soviet trade bloc defying Western unilateralism – Iranian minister

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Russians ramp up spending on foreign holidays – data

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EU to unlock €500mn in bid for Orban’s Russia sanctions backing – FT

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EU names member states still importing Russian gas

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Billionaire Ellison to become most powerful US media mogul ever – NYT

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Central Bank of Russia governor dismisses talk of recession

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EU plans to seize €170bn of Russia’s frozen funds – FT

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US and China reach ‘framework’ TikTok deal

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China probes US chip giants

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Fitch hits France with record-low credit score

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EU could target ‘Russian SWIFT’ – Euractiv

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Russia and China planning clearinghouse to avoid West – Moscow

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France headed for ‘black hole’ – financial expert

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China to open up ‘panda bonds’ to Russian energy giants – media

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Russia and UAE agree major business deal – Kommersant

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Gazprom boss warns EU to prepare for ‘cold winter’

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Russia’s biggest bank sounds warning about economy

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Russian economy cooling ‘faster than expected’ – ministry

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EU country taps record volume of Russian gas

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Russia-China gas deal to ‘turn the LNG market on its head’ – analysts

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German unemployment hits ten-year high

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Tesla sales slump in Europe – data

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US extends loophole to keep banned Russian diamonds coming

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EU ready to impose secondary sanctions on Russia’s partners – Bloomberg

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China boosts AI chip output amid US export curbs – FT

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US energy giant ‘in secret talks’ to return to Russia – WSJ

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Britain faces worst crash in fifty years – economists

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Russia sees tourism boom from Gulf states despite sanctions – FT

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Russia to print new Syrian banknotes – Reuters

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EU has given Ukraine €9bn in Russian money – data

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US hails ‘major win’ over EU

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Chinese refiners boost Russian oil imports – CNN

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Major US firms ‘lining up’ to return to Russia – industry boss

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European military stocks fall as Ukraine peace hopes rise

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Ruble share of Russia’s exports hits record high

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EU pledges to maintain Russian sanctions

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China hits back at EU over Russia sanctions

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EU state blasts Ukraine over key pipeline attack

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US chipmakers to pay Washington for trade with China – media

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US slaps tariffs on gold bars – media

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Trump tariffs wipe out $12 billion from global carmakers – WSJ

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Luxury brands suffer slump as tourist spending falls in Europe and Japan – FT

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US ‘on precipice’ of recession – Moody’s chief analyst

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Global trade hub seeking Russia partnership – media

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Russia’s rich grow richer

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BMW reports 29% drop in profits

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Trump announces EU-style deal with South Korea

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Vast majority of sanctions against Russia haven’t worked – expert

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Apple closes store in China for first time

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Russia bans all gasoline exports

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Trump tariffs to cost German car giants over €10bn – study

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Trump’s tariffs to cost global economy $2 trn – Bloomberg

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Trump backs down on tech export restrictions to China – FT

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Russia crosses ruble foreign trade threshold

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US-made Taiwanese microchips cost up to 20% higher – leading buyer

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EU’s Russian diesel ban pushing up prices – industry boss

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Asian company achieves $1 trillion valuation for first time

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AI fueling energy price rises in US – FT

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Russia ousts Germany from global top-five beer brewers – report

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Mass bankruptcies threaten Russian construction sector – industry leader

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Trump Media invests $2 billion in Bitcoin

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US Treasury chief calls for review of Fed for ‘many mistakes’ (VIDEO)

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China posts over 5% growth despite trade war

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Beijing slams EU for including Chinese firms in Russia sanctions

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Russian inflation cooling down – Bloomberg

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Putin aide issues warning on Russian economy

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Bitcoin soars to new all-time high

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Russian companies losing interest in foreign currency – central bank

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US Treasury reports surprise surplus

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EU plans to tax big corporates to boost coffers – FT

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Ruble hits two-year high against dollar

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Trump threatens Brazil with 50% tariffs over ‘witch-hunt’ trial

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Snoop Dogg drops music VIDEO about Telegram gifts

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Musk’s X CEO steps down

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Trump announces stinging tariffs on US allies in Asia

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Putin takes action against Apple

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National currencies free BRICS from Western pressure – Russian finance minister

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China buying up mines globally – FT

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Russia sanctions trigger European trust fund crisis – FT

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Russia’s fertilizer exports to BRICS soaring – industry

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Trump threatens BRICS partners with extra tariffs

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Trump threatens BRICS partners with extra tariffs

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Russian pipeline gas exports to EU fall – Reuters

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Trump to reinstate sweeping tariffs

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Russia’s international reserves hit all-time high – central bank

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British pound may go ‘woke’

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EU could become ‘province of China’ – German industry leader

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Dollar enduring worst year since 1973 – NYT

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Russian IT sector sees Asia influx — Kommersant

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Richest Russians add $24 billion to wealth – Bloomberg

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China boosting purchases of Russian metals – Bloomberg

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Canada scraps tax on tech giants in bid to revive US trade talks

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Russia’s largest bank delivers pessimistic 2026 forecast

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US lifts Russia sanctions that blocked key NPP construction in EU state

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Trump Mobile drops ‘Made in USA’ label amid China copycat concerns

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Russia will not bend under sanctions – finance minister

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Putin explains what will happen if West ‘robs’ Russia’s reserves

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Oil prices surge on new US data

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Bezos trying to cash in on Musk-Trump falling out – WSJ

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China warming to new Russian mega gas pipeline – WSJ

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German export outlook slips on trade fears – survey

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Hashtags:

Driver

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eastern

China

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crowd

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holiday

China’s next-gen surveillance tools get AI boost to target Telegram and VPN users

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China’s advanced Fujian carrier conducts ‘intensive’ eighth sea trial

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Russia’s international reserves hit all-time high – central bank

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Russia could restrict return of Western brands – Izvestia

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Trump to reinstate sweeping tariffs

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China accuses US of violating trade truce

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Philippine politician slams US travel warning: ‘unfair treatment from our No 1 ally’

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Malaysia denounces Israeli bombardment of Gaza, says Asean ‘cannot remain silent’

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George Floyd’s uncertain legacy marked in US 5 years on

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Hong Kong surgical robot start-up Cornerstone eyes funds to take on da Vinci

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Telegram announces partnership with Musk

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China’s mega bridges: build smarter, build higher, build where others won’t dare

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Hong Kong helicopter rescues 3 women after Big Wave Bay coastal hike turns perilous

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China’s spy agency warns of foreigners posing as scholars, tourists, ‘insincere lovers’

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Russia is open to ‘smart’ foreign investment – first deputy PM

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Western businesses in no rush to leave Russia – survey

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Suriname begins vote for government to steer new-found oil wealth

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US extends tariff exemptions on certain Chinese imports

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Pope Leo prays for Chinese Catholics to be in communion with Rome

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Ship sinks off India’s coast, spilling oil and cargo containers

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Israeli strikes kill 30 in Gaza, including rescue service official and local journalist

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Trump Org releases golden smartphone (PHOTO, VIDEO)

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EU nation blames Ukraine for energy crisis

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Cambodia is home to world’s most powerful criminal network: report

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Covid cases reaching a peak in China and will start falling next month: leading expert

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Trump Mobile drops ‘Made in USA’ label amid China copycat concerns

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In Singapore, ‘third places’ tap into yearning for deeper physical connection in digital age

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Russia to increase gas supplies to European country

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More Russians warming to US – poll

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Plague of flying pests adds to Osaka World Expo’s woes in Japan

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Putin hails Russia’s economic growth

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Euro could dethrone US dollar – ECB

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Polish farmers call for Russian cucumber ban

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EU nation blames Ukraine for energy crisis

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Trump agrees to delay EU tariffs

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China’s former state employees warned not to leak classified information

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Philippine politician slams US travel warning: ‘unfair treatment from our No 1 ally’

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China’s ambassador hits out at Australia’s ‘questionable’ Darwin port plan

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Plague of flying pests adds to Osaka World Expo’s woes in Japan

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Israeli strike on Gaza school sheltering displaced people kills at least 20

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Ship sinks off India’s coast, spilling oil and cargo containers

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China couple choose bicycles over limousines for wedding, get community blessings

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China’s advanced chest pain centre standards to go global through Hong Kong

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Can neighbours, security guards do more to help Hong Kong single families in need?

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Go fish: China to deliver world’s first salmon-farming ship, modernising fisheries

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Sleep helps the brain enter repair mode to clean up free radicals, Chinese study finds

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Hong Kong surgical robot start-up Cornerstone eyes funds to take on da Vinci

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World’s fastest coilgun, Korean-Chinese food, cancer drug trials: 5 weekend reads

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Shirtless man detained in Vietnam for vandalising historic throne

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China’s mega bridges: build smarter, build higher, build where others won’t dare

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In Singapore, ‘third places’ tap into yearning for deeper physical connection in digital age

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Rita, Indo-Pacific bottlenose dolphin at Hong Kong’s Ocean Park, dies at 24

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Asean summit opens in Malaysia with trade dismay, US tariffs top of mind

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China should mull a 4% GDP target, focus on jobs, debts in next 5 years: former official

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Hong Kong to ride IPO wave as global investors pour in, JPMorgan says

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Systems collapse could knock out Taiwan without a fight, military magazine says

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Air India ranks dead last for punctuality in UK: ‘completely unacceptable’

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How Hong Kong can reassert its global edge in an uncertain world

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China university criticised for requiring student to lower pants for menstrual pain leave

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Hong Kong warned of surge in inflammatory bowel disease rates

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As Hong Kong office rents plummet, landlords upgrade with video walls to lure tenants

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Ahead of election in Malaysia’s Sabah, voters yearn for end to daily shortages

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Wealthy investors see ‘time to buy’ Hong Kong stocks amid trade war: Standard Chartered

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Israeli PM Netanyahu meets visiting US homeland security chief Kristi Noem in Jerusalem

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Trump ‘not happy’ with Putin after Russian strikes on Ukraine kill 13

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EU chief vows to advance trade talks after ‘good’ Trump call

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Truth in the truce: Wendy Cutler mulls if US-China trade can find lasting peace

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Renault leverages Shanghai development centre for cars aimed at markets outside Europe

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Suriname begins vote for government to steer new-found oil wealth

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After hardline Yoon, South Korea needs a more balanced foreign policy

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US-German citizen charged with trying to attack US embassy office in Tel Aviv

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Pope Leo prays for Chinese Catholics to be in communion with Rome

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George Floyd’s uncertain legacy marked in US 5 years on

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Israeli strikes kill 30 in Gaza, including rescue service official and local journalist

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Suspect was released from psychiatric care a day before Hamburg attack, officials say

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6 die in weekend mountain accidents in Swiss Alps

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French President Macron hopes for defence, energy and tech deals as he starts Asia trip

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King Charles to visit Canada for throne speech amid US tensions

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Hong Kong village church members wonder where next after relocation order

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Bangladesh: first trial begins for Hasina-era officials, police

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China’s corruption busters eye key tech sectors as Beijing gears up to challenge US

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Russia kills at least 12 in Ukraine war’s largest air attack

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Musk ‘back to 24/7’ work on his business projects

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Hundreds of poor Hongkongers face cutbacks in essentials when handout ends: poll

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China’s advanced Fujian carrier conducts ‘intensive’ eighth sea trial

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Hong Kong internet sensation ‘Mr Ho’ arrested over insecticide attack

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Malaysia calls for expansion of Myanmar’s post-earthquake ceasefire

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In picking Hong Kong over New York, CATL’s IPO was a strategic move

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Can China’s new stealth tech challenge Trump’s Golden Dome?

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Hong Kong man held after Zhuhai customs finds 42 mobile phones inside wheelchair

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Wind, hail and heat: Extreme weather kills at least 14 and injures 100 in Pakistan

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Covid cases reaching a peak in China and will start falling next month: leading expert

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Hong Kong braces for midweek heavy showers and squally thunderstorms

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UK renationalises first train operator, Labour vows improvements

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Hong Kong helicopter rescues 3 women after Big Wave Bay coastal hike turns perilous

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Hong Kong to get 10 pedestrian walkways in connectivity push

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Chinese husband sings, dances for vegetative wife every day, finally awakening her

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Rare owl bred in Hong Kong draws bird watchers galore, venue restricts access

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Japan’s Ishiba eyes G7 summit, aims to advance US tariff talks

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Signal failure leaves 17 stranded on Hong Kong’s Ocean Park Tower

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China’s spy agency warns of foreigners posing as scholars, tourists, ‘insincere lovers’

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How India and Pakistan are preparing for the next conflict

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Why is Hong Kong scrimping on schools and splurging on elections?

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Syrian government to aid search for missing Americans, US envoy says

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China teacher threatens to throw pupil from third floor after boy sprays him with water gun

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Job creator or industry killer? Europe’s EV sector faces Chinese investment dilemma

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Trump defends ban on Harvard accepting foreign students, demands transparency

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Vietnam and Thailand forge strategic ties to boost trade, reduce reliance on China

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Hong Kong’s ‘bustling’ IPO market exceeds HK$76 billion mark this year

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Elderly Japanese woman loses US$345,000 to scammers, joins gang as they are ‘kind’ to her

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China is getting ready for a key meeting to discuss its next 5-year plan

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New global mediation body could open in Hong Kong as early as end of 2025, official says

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China ready to tackle ‘risks and challenges’, common development with Indonesia: Li Qiang

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Hong Kong’s investment-for-residency scheme yields HK$16.5 billion over 14 months

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Capital from Hong Kong, mainland China sets sights on Dubai, Abu Dhabi property

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Crypto trader accused of kidnapping, torturing man in New York flat to get bitcoin password

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Malaysia denounces Israeli bombardment of Gaza, says Asean ‘cannot remain silent’

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Preparing Malaysia’s toolkit to weather Trump’s tariff storm

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Hong Kong Palace Museum holds first fully digital show on Forbidden City

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As fighting stops, India-Pakistan start narrative war to sway global opinion over conflict

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Sources

channelnewsasia
RT business
scmp
straitstimes

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