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VDA said the 15% US tariffs currently applied to passenger cars and parts will pose a severe challenge to Germany's auto industry.

2026-06-16

VDA said the 15% US tariffs currently applied to passenger cars and parts will pose a severe challenge to Germany's auto industry.

Other News
2026-06-16

The German Chemicals Association (VCI) welcomes the European Parliament's approval of the tariff agreement between the EU and the US.

The German Chemicals Association (VCI) welcomes the European Parliament's approval of the tariff agreement between the EU and the US.
2026-06-16

Individual Stock News 1. China Coal Energy (01898.HK): Sales of marketable coal in the first five months reached 98.31 million tons, a year-on-year decrease of 8.1%. 2. China Southern Airlines (01055.HK): Passenger traffic in May decreased by 4.2%

Individual Stock News 1. China Coal Energy (01898.HK): Sales of marketable coal in the first five months reached 98.31 million tons, a year-on-year decrease of 8.1%. 2. China Southern Airlines (01055.HK): Passenger traffic in May decreased by 4.2% year-on-year. 3. CITIC Resources (01205.HK) issued a profit warning: It expects interim consolidated profit attributable to shareholders to be approximately HK$238 million to HK$322 million, an increase of approximately 57% to 112% year-on-year. 4. Controlling stake in Pujiang China (01417.HK) changed hands after a cash offer from Sun Taoyong, Chairman of the Board of Directors of Weimob Group (02013.HK), at a discount of approximately 72.25%. 5. Henry Gard Group (03638.HK) issued a profit warning: It expects annual profit to be approximately HK$25 million to HK$30 million, turning a profit from a loss in the same period last year. 6. China Development Holdings (00475.HK) issued a profit warning: It expects the annual loss attributable to shareholders to widen to approximately HK$25 million to approximately HK$27 million year-on-year. 7. Midland Group (01200.HK) issued a profit alert: It expects significant growth in interim pre-tax profit and profit attributable to equity holders. 8. Agile Group (01813.HK): Entered into a restructuring support agreement with certain initial participating creditors.
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