Bloomberg Business

Mercedes S-Class, Porsche Stand to Lose Most in China EV Row

The European Union’s probe into Beijing’s electric-vehicle subsidies is meant to protect its carmakers from a flood of cheap Chinese cars. But if it leads to tit-for-tat tariffs, Mercedes-Benz Group AG and BMW AG’s biggest moneymakers will be most exposed.

Japan Warns Again on Yen After Dollar Breaches 149 Mark

Japan’s finance minister issued his second salvo of warnings to players in foreign-exchange markets in a day after the yen reached its lowest against the dollar since October, the month authorities last intervened to prop up the currency.

South Korea Warns Kim His Regime Would End If It Uses Nukes

South Korean President Yoon Suk Yeol warned North Korea its regime would be ended by Seoul and Washington if it used nuclear weapons, in a speech marking the 75th anniversary of the founding of his country’s military.

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