China Criticizes EU EV Tariffs, Citing Harm to German Economy
China’s commerce minister, Wang Wentao, has expressed concerns over the European Union’s impending tariffs on electric vehicles (EVs), warning that the move will harm both China and Germany. He argued…
Vietnam Faces US Pressure Over Undersea Cable Decisions
The United States is actively encouraging Vietnam to avoid using Chinese firms, particularly HMN Technologies, in its plans to build 10 new undersea cables by 2030. Vietnam, dealing with aging…
Chinese Tech Firms Target Nvidia’s Dominance in AI Chip Market
China is making significant strides toward reducing its reliance on U.S. semiconductor technology, particularly amid increasing sanctions from Washington. With the rapid growth of artificial intelligence (AI) and foundational models,…
Samsung Workers Extend India Plant Strike After Failed Negotiations
Samsung workers at its India plant will continue their strike for the fifth day after negotiations involving the union, company management, and state government officials failed to produce a settlement.…
Ant Group Secures $6.5 Billion Refinancing for Overseas Expansion
China’s Ant Group is refinancing its $6.5 billion credit line, the company confirmed on Thursday. The move comes as the Alibaba-backed fintech giant aims to strengthen its overseas operations. According…
Young Sohn Returns to Arm’s Board After Samsung Advisory Role
Young Sohn, a senior adviser at Samsung Electronics, is set to rejoin the board of Arm Holdings, the British chip firm announced on Thursday. Sohn, who previously held a position…
India’s Antitrust Investigation Confirms Amazon, Flipkart Breaches
Indian authorities have concluded that e-commerce giants Amazon and Walmart’s Flipkart breached local antitrust laws by favoring specific sellers on their platforms, according to reports obtained by Reuters. The investigation,…
Indian Startup Swiggy Targets $1.4B IPO with $150M Increase
Swiggy is considering expanding its IPO by $150 million, potentially raising up to $1.4 billion. This would make it one of the largest public listings in India this year. The…
Alibaba’s Taobao App Tops Singapore App Store After English Update
Alibaba’s Taobao shopping app has rapidly gained popularity in Singapore, topping the Apple App Store charts after launching an AI-powered English version, designed to improve accessibility for non-Chinese users. The…
Indodax Halts Operations Following Suspected $22 Million Crypto Hack
Indonesian cryptocurrency exchange Indodax recently faced a severe security breach leading to a suspected loss of approximately $22 million in various cryptocurrencies. In response, Indodax has temporarily disabled both its…
Australian Crypto Investors Await Clear Regulations Before Entering the Market
In Australia, millions of potential cryptocurrency investors are hesitating to enter the market, awaiting clearer regulations. According to Jason Titman, CEO of Swyftx, an Australian crypto exchange, there’s a significant…
US Authorities Shut Down Over 350 Websites Selling Illegal Gun Parts from China
U.S. authorities announced the seizure of more than 350 websites selling gun silencers and parts from China, which were being used to convert semiautomatic pistols into fully automatic machine guns.…
Chinese Tech Giants Push AI Innovation to Compete with U.S. Companies
China’s major tech firms are intensifying their efforts in the field of generative artificial intelligence (AI), positioning themselves as competitors to established U.S. players like OpenAI, Google, and Meta. Chinese…
Malaysia Partners with China to Advance UAV Technology Development
Malaysia is set to strengthen its technological capabilities in unmanned aerial vehicle (UAV) development through a collaboration with China’s Honeycomb Aerospace Technologies (Beijing) Co Ltd, the third-largest UAV manufacturer in…
Samsung Electronics plans to cut global workforce by up to 30% in select divisions
Samsung Electronics is planning to reduce its global workforce by up to 30% in certain divisions, targeting overseas staff in regions like the Americas, Europe, Asia, and Africa, according to…
Sony’s PlayStation 5 Pro Set to Launch in November at $700
Sony has officially announced the PlayStation 5 Pro, priced at $700 and set to launch on November 7. The upgraded console promises up to 45% faster rendering, addressing a common…
Chinese-Swedish Lynk & Co Commits to Stable Prices Despite European Tariffs
Chinese-Swedish EV brand Lynk & Co has announced that it will not pass the burden of impending European tariffs on to consumers as it prepares to launch its first China-made…
Meta Uses Australian User Data for AI Training with No Option to Opt Out
Meta, the parent company of Facebook and Instagram, has been collecting public photos and posts from Australian users to train its artificial intelligence (AI) models, without offering an option to…
Apple Supplier Jabil Creates 5,000 Jobs with South India Investment
Apple supplier Jabil is investing approximately 20 billion rupees ($238.2 million) to establish a new manufacturing facility in Tamil Nadu, India, according to a statement from the state’s industries minister,…
Huawei introduces $2,800 trifold phone designed for maximum portability
Huawei has officially unveiled its Mate XT Ultimate, a $2,800 trifold smartphone, distinguishing itself from traditional folding designs by offering a unique collapsing feature. With two hinges, the phone transitions…