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SHANGHAI (Reuters) – Global automakers, including Toyota and Volkswagen, took the stage at the Shanghai auto show on Tuesday with built-for-China and electric-drive products to compete for a high-stakes comeback in the world’s largest market.

By Arathy Somasekhar (Reuters) – Oil prices held steady in early trading on Tuesday after falling 2% in the previous session, with markets awaiting the release of economic data in China, looking for signs of economic recovery and growth to offset weakening demand elsewhere.

SEOUL (Reuters) – J-Hope, a member of Grammy-nominated K-pop boy band BTS, will begin his mandatory military service in South Korea on Tuesday, local media reported, the second member of the group to do so.

By Scott Murdoch SYDNEY (Reuters) – Asia’s share markets were in a cautious mode on Tuesday as global investors waited to see whether China recorded a first quarter bounceback from its punishing pandemic lockdowns that led to a major economic slowdown.

By Kane Wu and Julie Zhu HONG KONG (Reuters) – State-owned China Mobile Ltd is exploring a potential buyout of Hong Kong’s leading telecoms company HKBN Ltd, which is currently valued at $1 billion, four people with knowledge of the matter said.

SHANGHAI (Reuters) – Japanese automaker Nissan Motor aims to have seven electric vehicle (EV) models by 2026 and 80% of its line-up to be electric by 2030, chief operating officer Ashwani Gupta said on the sidelines of the Shanghai auto show on Tuesday.

By Medha Singh and Lisa Pauline Mattackal

STOCKHOLM(Reuters) – Truck-maker Scania and battery producer Northvolt on Tuesday said they had developed an electric battery with a lifetime equivalent to that of a truck.

A look at the day ahead in European and global markets from Kevin Buckland

TAIPEI (Reuters) – Terry Gou, the billionaire founder of major Apple Inc supplier Foxconn, has no plan for now to visit China, he said on Tuesday, in his bid to become the presidential nominee of Taiwan’s main opposition party.

SHANGHAI (Reuters) – Chinese electric vehicle (EV) maker Li Auto Inc aims to build more than 3,000 charging stations across China by 2025, it said at the Shanghai autoshow.

(Reuters) – Taiwan will buy as many as 400 U.S. land-launched Harpoon missiles in the face of rising threat from China, Bloomberg News reported on Monday, citing a trade group’s leader and people familiar with the issue.

By Joey Roulette WASHINGTON (Reuters) – Demand for sending satellites into space remains strong, but U.S. rocket startups are taking drastic measures to survive a tight funding environment where fears have been exacerbated by the bankruptcy of Virgin Orbit.

China GDP numbers for Q1 eased fears of a snail’s pace economic recovery, delivering support to riskier assets and commodity currencies.

SHANGHAI (Reuters) – Germany’s Volkswagen AG said on Tuesday it plans to introduce 10 more electric vehicle (EV) models by 2026 and it remained committed to China, where established foreign brands are losing ground to nimble local rivals.

SHANGHAI (Reuters) – Chinese electric vehicle makers should brace for the possibility of protectionist policies being leveled against them by foreign governments as they seize on their cost advantages to expand exports, the founder of Chinese EV maker Nio said.

By Steve Scherer OTTAWA (Reuters) – Prime Minister Justin Trudeau on Monday accused his Conservative rival Pierre Poilievre of enlisting U.S. billionaires to attack Canada’s public broadcaster, after Poilievre prodded Twitter owner Elon Musk to label the CBC “government-funded”.

SHANGHAI (Reuters) – Premium electric vehicle (EV) maker Polestar, founded by Volvo and Zhejiang Geely Holding Group, said on Tuesday it expects production of its Polestar 4 to begin later this year in Hangzhou Bay.

By Lisa Baertlein LOS ANGELES (Reuters) – United Parcel Service and the International Brotherhood of Teamsters union will on Monday start U.S. private sector labor contract talks covering roughly 340,000 U.S. drivers, package handlers and loaders at the global delivery firm.

LONDON (Reuters) – Glencore executives have met around 120 Teck Resources shareholders during a short visit to Toronto in an effort to gain support for the company’s bid rather than an internal overhaul, a source familiar with the situation said.