The Japanese carmakers are grappling with fast-growing Chinese rivals and sluggish consumer demand for EVs
Opposition leader Lee Jae-myung seen as frontrunner in potential election
Minister says Eutelsat OneWeb network falling short and Elon Musk’s Starlink ‘not an option’ given his Chinese links
Embassy spokesperson accuses MPs of ‘arrogance and shamelessness’
Linking subsidies to intellectual property is the sort of strategic inclusion that fosters mutual benefits
Semiconductor toolmaking is a great business, but the geopolitics are daunting
Authorities hope the initiative, which makes use of index funds including ETFs, will boost investment in private pensions
Given the need for a weak renminbi to support export growth, a reprise of the 1985 Plaza Accord with Japan is unlikely
Also in this newsletter: a massive spam call problem and Sajjan Jindal’s mantra
New chief executive takes over streamlined conglomerate with most of its revenues and employees overseas
Pyongyang’s soldiers have for the first time fought alongside the Russian military in Kursk
Tengbo Yang has been banned from UK on national security grounds
Dutch national is first EU citizen targeted in relation to western price cap measures introduced after full-scale Ukraine invasion
Three decades of market liberalisation have not delivered sustained growth or greater social mobility
Austrac says Entain failed to identify and assess risks
Consumption rises less than forecast in November, highlighting why leadership made it the top economic concern
Also in this newsletter: can Olaf Scholz lose a no-confidence vote?
Bank accused of ‘widespread and systemic’ shortcomings in protecting customers
Brussels increasingly concerned it would struggle to fight back in a global trade war
Jailed former prime minister remains hugely popular and capable of mobilising support, say analysts
An increasingly close trade relationship is putting Mexico in the spotlight
Treasury cuts $5.4bn from budget estimates over next four years, citing ‘significant impact’ of softer commodities demand
Home secretary says Britain will take robust approach to any challenge to national or economic security
Han Duck-soo must navigate foreign policy challenges and warring political factions after president’s impeachment
Aircraft designed to accompany crewed stealth jets could help Beijing challenge American air superiority