de-risk – ThePakistanInsights.com

It's time for allies to de-risk from the U.S.

April 14, 2025

Japan’s Marelli to file for Chapter 11 as debt workout plan stalls
TOKYO — Japanese auto parts maker Marelli Holdings will file for Chapter 11 bankruptcy protection with a U.S. court, after negotiations for a private debt workout stalled, according to sources familiar with the matter. Marelli, owned by U.S. investment company Kohlberg Kravis Roberts, intends to select a new sponsor to rebuild its business while continuing…
Govt expands tax net to include E-commerce sector
Govt expands tax net to include E-commerce sector ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb announced the government’s decision to impose taxes on those conducting business through e-commerce platforms. In his budget speech, Muhammad Aurangzeb stated that goods sold via online platforms would now be subject to taxation, including items and services ordered digitally. The…
Tata Motors plans new EV launches as market share falls
BENGALURU — India’s Tata Motors will launch at least four new battery electric vehicles in the next five years as it seeks to fend off growing competition that is threatening its dominance in EVs. Those launches are part of a broader plan to be producing at least 15 models by 2030, almost double its current…
Teenage maid dies after brutal torture in Rahim Yar Khan
Teenage maid dies after brutal torture in Rahim Yar Khan Rahim Yar Khan: A 13-year-old domestic worker reportedly died due to alleged torture in the Gulshan-e-Iqbal area of Rahim Yar Khan. According to District Police Officer (DPO) Irfan Samo, the girl, Sumayya, was a resident of the Kotla Pathan locality. She had been working for…
China is ‘different kettle of fish’ from ‘rash’ Russia: Finland president
TOKYO — The biggest national security threat facing Finnish President Alexander Stubb is indisputably Russia, which shares a 1,340-kilometer land border with his country. Many Asian governments would point to China as their top challenge. But the Nordic leader this week warned against drawing easy parallels between the two Eurasian powers, stressing each is a…
In China, fears grow of an EV financial crisis amid pricing war
At a used car market in Beijing, salesman Ma Hui said he fears China’s electric vehicle industry is in a race to the bottom. EV makers, led by the country’s market leader, BYD, have been engaged in a bruising price war, depressing profits for the brands, as well as sellers such as Ma. “All of…
US ‘very interested’ in talking digital trade with Japan: lobby
TOKYO — Donald Trump’s trade representatives are increasingly interested in bringing “digital trade issues” into talks with Japan, according to the head of the Washington-based industry group Business Software Alliance. The U.S. Trade Representative is “very interested” in aligning the tech policies of the two countries, Victoria A. Espinel, CEO of BSA, told Nikkei Asia.…
How the candidates are handling Trump and more
The matchup in New Jersey’s race for governor is officially set — and Tuesday’s primaries also laid down big indicators about the state of both political parties after the first major intraparty contests since the 2024 election. Republican Jack Ciattarelli, a former state legislator, easily won his party’s prim with President Donald Trump’s endorsement, underscoring…