China appeals to WTO over Canada’s new tariffs on EVs and metal imports
China has filed an appeal to the World Trade Organization (WTO) to challenge Canada’s tariffs on electric vehicles (EVs), steel, and aluminum products. The Chinese Ministry of Commerce announced this…
Apple faces production challenges after Tata plant fire in India
Apple may need to source critical iPhone components from China after a fire at Tata Group’s plant in southern India caused significant production disruptions, according to industry insiders. The fire…
Oracle plans major $6.5 billion cloud investment in Malaysia
Oracle plans to invest over $6.5 billion to establish its first public cloud region in Malaysia, marking one of the largest single technology investments in the country to date. This…
Google commits $1 billion to build data center and boost AI growth in Thailand
Google announced Monday a $1 billion investment in Thailand, equivalent to 36 billion Thai baht, aimed at establishing a new data center and expanding cloud infrastructure within the country. This…
Kasikornbank Introduces Thailand’s First Licensed Digital Asset Custodian
Thailand’s Kasikornbank (KBank), the second-largest bank in the country by assets, has announced the launch of orbix Custodian, marking the establishment of Thailand’s first licensed digital asset custodian. The orbix…
India Aims to Fabricate First Semiconductor by 2026 Amid Major U.S. Tech Investments
India is set to produce its first semiconductor chip within two years, according to Commerce Minister Piyush Goyal, who shared the update during an interview with CNBC. This announcement coincides…
South Korea Sees Strong Export Growth Driven by Semiconductor Demand
South Korea’s export growth remained strong in September, driven by high global demand for semiconductors, contributing to optimistic economic growth forecasts. Adjusted for working-day differences, exports increased by 12.9% compared…
Europe prepares to decide on new tariffs for Chinese electric vehicle imports
The European Union is set to vote on October 4 to decide whether to impose tariffs as high as 45% on imported electric vehicles (EVs) manufactured in China, according to…
Taiwan Expands Digital Asset ETF Access for Professional Investors
Taiwan’s Financial Supervisory Commission (FSC) has made a significant move by officially allowing professional investors to participate in “foreign virtual asset” exchange-traded funds (ETFs). This announcement, made on September 30,…
BYD announces recall of top-selling Dolphin and Yuan Plus EVs
BYD is recalling nearly 97,000 electric vehicles due to a manufacturing fault in the steering control unit, which poses a potential fire risk, according to the Chinese market regulator. The…
ByteDance Turns to Huawei Chips for New AI Model Development
ByteDance is reportedly preparing to develop a new artificial intelligence model using Huawei chips, as U.S. trade restrictions push the Chinese tech giant to seek domestic alternatives. According to three…
Epic Games accuses Samsung and Google of blocking rival app stores
Epic Games has accused Samsung and Google of colluding to stifle competition and restrict user choice in a lawsuit filed on Monday. The legal action claims that Samsung’s Auto Blocker…
Nio to Invest US$1.9 Billion in China Unit as EV Expansion Continues
Chinese electric vehicle (EV) manufacturer Nio Inc. is set to inject 13.3 billion yuan (US$1.9 billion) into its China unit through a combination of its own funds and contributions from…
CryptoQuant CEO Advocates for ‘Smart Regulation’ Amid Community Skepticism
Ki Young Ju, the CEO of CryptoQuant, has emphasized the necessity of regulation as a crucial element for the long-term growth and sustainability of Web3 and cryptocurrency. In a post…
Former Chinese Finance Minister Calls for In-Depth Analysis of Cryptocurrency Following US Bitcoin ETF Developments
During a recent address at the 2024 Tsinghua Wudaokou Chief Economists Forum in Beijing, former Chinese finance minister Lou Jiwei emphasized the necessity for China to critically assess the evolving…
CATL Confirms Small Disruption After Battery Plant Fire in Ningde
China’s Contemporary Amperex Technology Co. Ltd. (CATL) announced that a fire at its battery factory in Fujian province has caused limited disruption to production, with a relatively small number of…
Alibaba and Tencent Surge as Beijing Stimulus Boosts Tech Stocks to 13-Month High
Chinese tech stocks saw a notable surge this week, with companies like Alibaba and Tencent hitting levels not seen in over a year. This rally comes on the heels of…
Swiggy Joins India’s IPO Surge with $1.25 Billion Offering
Swiggy has filed for a $1.25 billion initial public offering (IPO) in one of India’s largest listings this year, amid a surging stock market. The SoftBank-backed food delivery firm submitted…
South Korea Levies Heavy Fine on Worldcoin for Personal Data Protection Violations
South Korea’s Personal Information Protection Commission (PIPC) has imposed a significant fine on the Worldcoin Foundation and its affiliate Tools For Humanity (TFH) for breaches of the country’s stringent personal…
China, South Korea, Taiwan Lead Global Chip Equipment Spending for 2025-2027
China, South Korea, and Taiwan are expected to lead semiconductor manufacturing investments between 2025 and 2027, according to estimates from global industry association SEMI. Semiconductor manufacturers are forecasted to spend…