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China and EU Reach “Understanding” on Hybrid Cars; Brussels Says Chinese Exports Could Be Cut by More Than Half

Two days after reports that China had rejected EU calls to curb hybrid exports, the two sides announced a “shared understanding” in Beijing that Brussels says could cut Chinese hybrid exports to Europe by more than half. What was agreed, what is still unknown and what comes next.

Asia Briefing, October 8: Anwar Hosts Min Aung Hlaing in Putrajaya; China Rejects EU Hybrid Curbs; Korea’s Green Plan; Tanker Hit Off Qatar

Anwar hosts Myanmar’s Min Aung Hlaing in Putrajaya, China rejects EU calls to curb hybrid exports, South Korea unveils a 1 quadrillion won green plan, a tanker is hit off Qatar and Indian banks raise loan rates. What matters in Asia today.

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China Rejects EU Call to Curb Hybrid Car Exports as Brussels Weighs an Import Cap; Šefčovič Heads to Beijing for Talks With Wang Wentao

China has refused an EU request to voluntarily limit hybrid car exports to Europe, the Financial Times reported, while Bloomberg says the European Commission is preparing time-limited safeguard measures. What is on the table, the numbers behind the dispute, and what to watch.

Ukraine’s war plan for EU funding: Kyiv seeks early loan money to close a $27 billion gap

Ukraine's new defence minister Yevhenii Khmara says Kyiv will give partners a clear plan of war needs and results, to win early release of part of the EU loan planned for 2027 and close a roughly $27 billion military budget gap.

Trump Tariff War 2026: Timeline of US Trade Battles With China, EU, India and the World

US President Donald Trump's sweeping tariff agenda has fundamentally reshaped global trade since he...

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Kolkata Chorbagan Tragedy: Bengal Announces ₹25 Lakh Aid and Jobs for Bereaved Families

KOLKATA, October 18, 2026: West Bengal has announced ₹25 lakh in assistance and a...

Singapore Haze Hits a Season-High PSI of 230 on Its 14th Straight Day; Seven Indonesian Firms Face Legal Notices as ASEAN Issues Top Alert

Air in western Singapore hit a season-high 24-hour PSI of 230 on Sunday, the 14th straight day of unhealthy air. Singapore will serve legal notices on seven Indonesian companies, ASEAN's weather centre has raised its top haze alert, and Indonesia has agreed to accept foreign help.

Rubio Heads to Samarkand for C5+1 Talks With a 200-Strong Business Delegation Before Visiting Mumbai and Jamnagar

US Secretary of State Marco Rubio meets the foreign ministers of all five Central Asian states in Samarkand on October 19, bringing more than 200 business leaders, before travelling to Mumbai and Jamnagar. Critical minerals, energy and trade top the agenda.

IMF Meetings End in Bangkok With “Optimism and Worry”: Georgieva Warns Inflation, Debt and War Spillovers Are Squeezing Poorer Countries

The IMF and World Bank annual meetings closed in Bangkok with a chair's statement calling the world economy resilient but at risk, a walkout during Russia's remarks, and a warning from Kristalina Georgieva that low-income countries are being squeezed.