South Korea

New Business

SK Hynix profit surpasses Samsung, but shares dip on lower memory chip demand

South Korea’s SK Hynix forecast sales of its high-end semiconductors used in generative artificial intelligence (AI) chipsets would double this…

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New Business

Tech stocks lead Hong Kong decline, threatening 6-day winning streak

Hong Kong stocks fell, snapping a six-day winning streak after broad losses among technology companies, while weaker-than-expected earnings from New…

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New Business

China rejects US allegations targeting its world-leading shipbuilding industry

China has rejected the findings of a US investigation into its shipbuilding industry and described the allegations that it levelled…

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New Business

If US shores up defence against China shipbuilding threat, what could really happen?

Targeted action by Washington against Chinese shipbuilders in the waning days of Joe Biden’s presidency could offer a slight boost…

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New Business

China’s top exporting regions pare back GDP targets under shadow of tariff threats

China’s top exporting regions have set moderate targets for gross domestic product in 2025, naming external pressure as a reason…

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New Business

Hong Kong stocks on course for 4-month low as US jobs data dampens rate-cut hopes

Hong Kong stocks retreated to an almost four-month low as robust US job data pared bets that the Federal Reserve…

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New Business

China’s investors, tourists hit pause to size up risks of turmoil in Seoul

China’s traders, investors and tourists are likely to pause and examine the risks of South Korea’s prolonged political turmoil in…

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New Business

Shanghai draws S Koreans in droves as China’s visa-free entry entices travellers

South Koreans are making a beeline for China, especially top urban centres such as Shanghai, as overseas travellers take advantage…

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New Business

Hong Kong stocks waver on manufacturing wobble as China vows more support for economy

Hong Kong stocks slipped, erasing an earlier advance, after reports showed growth in Chinese manufacturing lost momentum last month, suggesting…

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New Business

Chinese autonomous-driving tech firm Pony.ai eyes robotaxi services in Hong Kong

Based in Guangzhou, Pony.ai said it seeks to provide “robotaxi commuting services” for airport staff within the Hong Kong International…

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