U.S. dollar edges higher on economic uncertainty
The dollar index stays up 0.05% at 104.28 but remains on track for a 4% drop for the quarter after a strong rally from September to January
Tesla to begin sales in Saudi Arabia next month
Tesla enters the Saudi market as it faces declining sales in Europe and activist protests in the United States
BYD aims to sell 800,000 cars abroad this year, doubling 2024 figures
BYD plans to maintain cost advantages by sourcing key components from China while assembling vehicles in local markets
Over 50 Chinese tech firms blacklisted in latest U.S. trade crackdown
The U.S. measures also extend beyond China, targeting entities in Pakistan, Iran, UAE, Taiwan and South Africa
Vietnam cuts U.S. tariffs, approves Starlink as trade pressure mounts
Vietnam has yet to import U.S. LNG but is in talks with suppliers as it readies two LNG power plants for June launch
South Korea raises security concerns over China’s expanding Yellow Sea operations
South Korea deploys a floating platform in a disputed area of the Yellow Sea in response to China's increasing construction of structures in the region
Canada halts Tesla rebates as U.S. trade dispute escalates
All rebate claims would undergo individual investigations before any payments are approved, says Canadian Transport Minister
EU trade chief meets U.S. officials as tariff deadline approaches
Two previous rounds of discussions fail to change President Donald Trump’s plans to raise U.S. import duties
U.S. tariffs and sanctions drive oil prices higher for fifth consecutive session
Brent crude futures climb 0.6%, reaching $73.46 per barrel, while U.S. West Texas Intermediate crude rises by 0.7% to $69.57
Dollar slips from three-week high amid tariff uncertainty
The dollar loses ground against the Japanese yen, dropping 0.4% to 150.09 after briefly rising above 150 overnight
Trump-linked crypto firm plans expansion with USD1 stablecoin
The company says that USD1 will be issued on the Ethereum and Binance Smart Chain blockchains, with plans to expand to other networks in the future
Chinese refiners pause venezuelan oil purchases over U.S. sanctions
The order states that a 25% tariff may be imposed on goods from any country importing Venezuelan oil, starting on April 2
Chinese AI startup DeepSeek unveils advanced V3 model
The new model delivers enhanced reasoning and coding capabilities, outperforming its predecessor in benchmark tests across multiple technical metrics
Alibaba to resume hiring after 12 quarters of workforce cuts
Alibaba Group Chairman Joe Tsai says the bottom has been reached, and hiring is set to be rebooted
India slaps Samsung with tax demand of $601 million for telecom imports
The demand represents a substantial chunk of last year's net profit of $955 million for Samsung in India