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Asian markets mixed as autos suffer more tariff-fuelled losses
Asian markets mixed as autos suffer more tariff-fuelled losses
Economy
by  AFP

Asian markets were mixed Friday as traders brace for next week's expected wave of US tariffs, while auto firms extended their painful losses following President Donald Trump's announcement of steep levies on vehicle imports. After another down day on Wall Street, equity markets in Asia were mixed Friday, with auto firms again taking the brunt.

Clean energy giant Goldwind leads China's global sector push
Clean energy giant Goldwind leads China's global sector push
Economy
by  AFP

China has rushed ahead in recent years as the world's forerunner in wind energy, propelled by explosive local demand as Beijing aggressively pursues strategic and environmental targets. - Gold rush - Goldwind's origin lies in the vast, arid stretches of western China, where in the 1980s a company named Xinjiang Wind Energy built its first turbine farm.

The UK car loan scandal that could cost banks billions
The UK car loan scandal that could cost banks billions
Economy
by  AFP

Banks may have to pay out tens of billions of pounds if the British Supreme Court upholds a judgment ruling controversial car loans are unlawful, in a case beginning in April. Now, the Supreme Court will hear his case on April 1, along with another similar case against FirstRand and one against British bank Close Brothers.