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New Business

South Korea tops China for shipbuilding orders as competition heats up

Chinese firms, though, received 30 orders, compared to 18 for South Korean manufacturers. China also consolidated its lead with new…

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Tech

China’s EV, battery firms bolt into emerging markets as trade remains caustic

“In the coming five to 10 years, regions such as Southeast Asia, Europe, Latin America and parts of Africa are…

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Tech

Opinion | US-China trade war could be the death knell for advanced economies

The US’ China containment strategy and its shift towards re-industrialisation are shrinking the market for competitive industries in high-income economies.…

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New Business

Hong Kong stocks slide after US data shock triggers regional sell-off

Hong Kong stocks stumbled after a surge in US unemployment and manufacturing contraction triggered worries about a slowdown in the…

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Tech

Samsung profit surges most in years after chip arm recovery

Samsung Electronics reported its fastest pace of net income growth since 2010 after the artificial intelligence boom lifted earnings at…

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Tech

SK Hynix’s revenue more than doubles as AI demand powers on

SK Hynix said quarterly revenue more than doubled and that its capex this year would likely top earlier plans, stoking…

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New Business

Is Vietnam losing its appeal for China’s manufacturers bypassing US tariffs?

But the 31-year-old firm that draws about two-thirds of its business from the US is making less money from Vietnam…

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Tech

Tech war: AMSL’s China shipments rebound in second quarter but further restrictions loom

Dutch lithography system supplier ASML Holding said its second quarter shipments to mainland Chinese customers accounted for nearly half of…

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Tech

Chinese tech companies face increased EU compliance costs amid bloc’s new AI rules

The world’s first comprehensive artificial intelligence (AI) rules, which will come into effect throughout the European Union (EU) on August…

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New Business

South Korea calls for North Korea to halt raising military tension

South Korea on Saturday urged North Korea to “stop action that intensifies military tension on the Korean peninsula,” saying it…

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