Reuters

SHANGHAI (Reuters) - China's Li Auto said it has postponed plans to launch pure electric SUV models to next year, citing hurdles such as a lack of enough fast chargers, sending its shares down more than 17% on Tuesday.

The decision comes as Li Auto, which has built its profits and success on four extended-range gas electric hybrid models, has also encountered a setback with its first fully electric model Mega that didn't meet its original expectation... (continue reading...)

BEIJING (Reuters) - China's embassy in Japan on Tuesday said it firmly opposes Japanese lawmakers visiting Taiwan and expressed firm protests.

"The Japanese government and some politicians ignored China's strong opposition and congratulated Taiwan's Lai," an embassy spokesperson said according to a statement.

Taiwan President Lai Ching-te asked China on Monday to stop its military and political threats, saying in his inauguration speech... (continue reading...)

BEIJING (Reuters) - China's embassy in South Korea on Tuesday said it resolutely opposes and condemns South Korean lawmakers visiting Taiwan to attend the so-called "inauguration ceremony of the leader".

A spokesperson for the embassy said the move runs counter to the China-South Korea strategic cooperative partnership.

Lai Ching-te was sworn in as Taiwan's new president on Monday, in footage shown live on television from the presidential... (continue reading...)

By Kevin Buckland

TOKYO (Reuters) - Asian stocks drifted lower while the dollar held firm on Tuesday as investors awaited minutes of the Federal Reserve's latest policy meeting to gauge the timing and extent of possible interest rate cuts this year.

Japan's tech-heavy Nikkei edged higher though, driven by chip shares after the Nasdaq hit a record high overnight ahead of Nvidia earnings due on Wednesday.

Gold inched back... (continue reading...)

(Reuters) -Florida-based Hard Rock International has denied any involvement in a takeover bid for Star Entertainment, sending the troubled Australian casino operator's shares plunging on Tuesday.

Star on Monday said it had received interest from a group of investors which includes Hard Rock Hotels & Resorts (Pacific), pushing its shares up 20%.

Shares of the cash-strapped firm plunged more than 10% on Tuesday as investors expressed their... (continue reading...)