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Business - APAC BUSINESS HEADLINES

Business

China’s iPhone Sales Capture Top Spot in May 2025

Apple Inc. has reclaimed its position as the leading smartphone brand in China, with iPhone sales capturing the top spot in May 2025, according to data from Counterpoint Research....

Hyundai Exits India’s Ola Electric as Kia Cuts Stake in $80 Million Share Sale

In a notable development in India’s electric vehicle (EV) sector, South Korean automakers Hyundai Motor and Kia Corporation...

Foxconn Eyes $3 Billion Acquisition of Singapore’s UTAC in Semiconductor Expansion

In a significant development within the global semiconductor industry, Taiwan’s Foxconn Technology Group, officially known as Hon Hai...

Google One Hits 150 Million Subscribers AI Revolution Is Here!

Alphabet’s Google One subscription service has recently surpassed 150 million subscribers, marking a significant milestone fueled by the...

Asian Airlines Re-routes and Cancels Flights Amid India-Pakistan Conflict

Several Asian airlines have been forced to reroute or cancel flights due to the escalating conflict between India...

Nearly 700,000 Teslas Recalled: The Risks Behind the TPMS Fault

Tesla has issued a recall affecting close to 700,000 vehicles globally due to a flaw in the tire pressure monitoring system (TPMS). The defect...

Honda and Nissan’s Production Partnership: What’s Next?

Honda Motor Co. and Nissan Motor Co.’s recent discussions on sharing vehicle production facilities have created ripples in the automotive sector. Initially framed as...

How L’Oréal’s Latest Deal Could Reshape the Skincare Industry

L'Oréal, the global beauty giant, has made waves in the cosmetics and skincare industry by acquiring South Korea's prominent skincare brand, Dr.G, in a...

The Impact of a Nissan-Honda Merger on Global Automotive Markets

In December 2024, reports emerged that Japanese automotive giants Nissan Motor Co. and Honda Motor Co. are engaged in discussions to deepen their collaboration,...

Amazon Under Pressure to Address Warehouse Injury Risks

A recent report has brought to light the growing concerns about the risk of injuries in Amazon warehouses. Despite Amazon's efforts to optimize its...

Honda and Nissan Explore Merger to Combat EV Market Challenges

In a strategic move to bolster their positions in the rapidly evolving automotive industry, Japanese automakers Honda Motor Co. and Nissan Motor Co. have...