China restricts cathode material technology exports; LMFP becomes strategic resource, says HCM

Leading battery cathode material manufacturer HCM announced that China’s Ministry of Commerce has officially imposed export restrictions on “battery cathode material preparation technology.” HCM is actively establishing a demonstration production line for lithium manganese iron phosphate (LMFP), highlighting Taiwan’s increasingly important role in energy autonomy policy.

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Copper shock: auto industry faces cost surge under new tariff

President Donald Trump’s latest tariff announcement — a proposed 50% duty on copper imports to take effect in August — is sending shockwaves through the American auto industry, which is already strained by rising material costs. Industry analysts warn the move could trigger a fresh wave of price increases for vehicles, as financial pressures ripple down through the supply chain.

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Yageo again extends Shibaura tender deadline ahead of crucial Taiwan talks

Yageo has extended the deadline for its tender offer to acquire Japan’s Shibaura Electronics for a fifth time, citing ongoing regulatory review under Japan’s Foreign Exchange and Foreign Trade Act. The Taiwan-based passive components giant now expects to complete the share acquisition by August 1, 2025, according to a company statement released on July 15.

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South Korean AV startup brings self-driving shuttles to Singapore with Grab

As autonomous vehicle (AV) companies worldwide race to accelerate commercialization, Singapore has established itself as a premier proving ground for self-driving technology. South Korean autonomous shuttle startup Autonomous A2Z has seized on Singapore’s robust regulatory framework and advanced infrastructure to launch its first overseas operation, partnering with ride-hailing giant Grab to deploy self-driving shuttle services on public roads in Singapore’s bustling downtown.

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Trump cuts Indonesian tariff to 19% after securing billions in purchase commitments

US President Donald Trump announced a new trade agreement with Indonesia on Tuesday, establishing a 19% tariff on goods imported from the Southeast Asian nation into the United States. This rate represents a significant reduction from an earlier threat of a 32% tariff, signaling a partial de-escalation of trade tensions as the Trump administration continues to push for what it views as more favorable terms with trading partners.

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ASML posts strong results, eyes growth amid China curbs and tariff concerns

ASML reported robust second-quarter earnings, with sales rising 23% year-over-year to EUR7.69 billion (US$8.94 billion), driven by upgrade demand and cost efficiencies. While tariff impacts were milder than expected, the company remains restricted from selling its top-tier EUV tools to China, despite signs of easing geopolitical tensions and renewed chip shipments by US rivals.

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