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Official data on Friday showed that industrial profits fell 7.3% in November from the same month last year, following a 10% drop in October
The Murdoch media group has sold its Australian cable TV unit Foxtel to UK-based streaming network DAZN, sparking talk it may make a bid for rugby broadcast rights
Top-selling Japanese carmaker will produce its luxury car brand Lexus at a new plant in Shanghai, Nikkei business daily says
“The only way to beat China is to stay ahead of them," US Commerce Secretary Gina Raimondo said in an interview
Investigation aims to counter 'unfair' practices and stymie China's plan to dominate global production of chips, US Trade Rep says. "Trump can decide" on possible fourth wave of chip tariffs
PM says Vietnam will start work on a high-speed rail link from Haiphong port to China, while the southern business hub Ho Chi Minh opens its first metro line
The claim comes at a time when US security agencies and officials have accused Chinese hackers of infiltrating multiple US telecom providers and stealing huge amounts of data
Nvidia has asked its big distributors, including Super Micro and Dell, to conduct spot checks of their customers in Southeast Asia
Apple has had talks with Tencent and Bytedance about integrating their AI models into iPhones sold in China, sources say
The Modi government is looking to offer tariffs cuts on farm and other imports from the US in a bid to clinch a broader trade and investment deal once Trump takes office
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
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With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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PaymentsCan China Take Place of SWIFT System? Analysts Say ‘No’There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
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MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
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Market InsightsHere’s How China Can Win the Tech War With USAThe Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
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Fintech InsightsAsia Becomes the Epicentre of Global NFTsAsia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade
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