BEIJING (Reuters) - The joint venture of Volkswagen and FAW Group said on Monday it will launch 11 new Volkswagen and Jetta branded models tailored for the China market from 2026. The new models, as part of a deal signed in Wolfsburg between FAW and VW, include six electric vehicles, two plug-in hybrids, two extended-rangers and one gasoline, the joint...

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SINGAPORE (Reuters) - Asia's ability to supply sustainable aviation fuel will outpace regional demand this year and next as more production comes online, increasing exports and potentially lowering prices for the fuel, oil executives and analysts said. Planned SAF production could take a hit if regional demand remains tepid and prices fall below production costs, industry sources say, though Asia's...

HONG KONG (Reuters) -China's State Council unveiled on Sunday what it called a special action plan to boost domestic consumption, featuring measures including increasing residents' income and establishing a childcare subsidy scheme. The plan comes as levels of consumer demand in China have suffered various setbacks in recent years, due to factors such as COVID-19 disruptions and a prolonged property...