The plant targets mass production by 2025, joining other battery suppliers in taking advantage of new US EV tax credit rules

As China's automakers close the gap with foreign automakers we are likely to see more joint ventures collapse in the coming years, Urban Science managing director Chee-Kiang Lim said

The government will also review property rights for tokenised assets and explore legalising so-called smart contracts

Foxconn is Apple's biggest iPhone maker, producing 70% of iPhone shipments globally, which in turn makes up 45% of the Taiwanese firm's revenue

China stocks sank again on Friday, with CSI 300 Index falling 2.5% and the Hang Seng plunging 3.7% to hit new lows since 2008; most other Asian markets edged down

Samsung insiders say his quiet manner disguises a steely determination that Lee will need if he is to grow Samsung amid mounting business headwinds amid a sharp downturn in global tech demand

Data Lake, a Manila-based firm part owned by Henry Sy Jr, said it signed a deal to be first SE Asian partner of SpaceX's Starlink. Currently few Filipinos have broadband internet service

Shares in Japan closed at their highest level in nearly seven weeks, while world stocks also hit a five-week high and most Asian currencies also eked out gains after a decline in the dollar index

Reports of Foxconn's Zhengzhou campus operating in a “production bubble” went viral on Chinese social media platforms

Korean tech groups SK Hynix and LG Display joined US tech giants in reporting big slowdowns in growth and warning things are going to get worse, fanning recession fears.

About 95% of Singapore's electricity is generated from natural gas, though the country plans to ramp up sources of renewable energy.

Central banks from Hong Kong, Thailand, China and the UAE issued CBDCs worth $12m on BIS’ mBridge platform to test cross-border transfers to and from commercial banks and foreign exchanges