Bloomberg BMW AG and Daimler AG are facing more pain in China after higher tariffs on US-imported cars force price hikes and consumers hold back on their next purchase. BMW, which like Daimler AG ships US-made sport utility vehicles to China, said it will join Tesla Inc. in raising prices in the Asian country. The steeper charges are a result ...

Bloomberg The Indonesian government is seeking to boost coal exports and increase foreign exchange earnings by scraping an obligation on miners to supply domestic power stations, according to a senior minister. The proposal, which will be discussed in a cabinet meeting on Tuesday, can generate an additional $5 billion annually in export proceeds, Coordinating Minister for Maritime Affairs Luhut B. ...

Bloomberg Amidst the hand-wringing over escalating US-China trade tensions, Taiwanese electronics producer New Kinpo Group is rejoicing. Chief Executive Officer Simon Shen said inquiries about New Kinpo’s plants in Thailand and in the Philippines, where its unit Cal-Comp Technology plans a public listing this year, are increasing. New Kinpo has 28,000 workers in the two Southeast Asian countries — thrice ...