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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...

Big Tech Condemns Australia’s “Hasty” Social Media Restrictions

Australia has enacted a world-first law prohibiting social media access for individuals under 16 years old. The legislation aims to shield young users from...

Uniqlo Confirms It Does Not Use Xinjiang Cotton Amid Global Scrutiny

Uniqlo, the Japanese apparel giant, has issued a strong statement reinforcing its commitment to ethical sourcing practices, clarifying that it does not use cotton...

Canadian News Giants Take OpenAI to Court Over Copyright Dispute

A coalition of major Canadian news outlets has launched a groundbreaking lawsuit against OpenAI, accusing the company of copyright violations. The dispute highlights ongoing...

Shifting Gears: UK EV Production Under Strain

The UK's electric vehicle (EV) manufacturing sector is grappling with a sharp decline, highlighting the challenges posed by stringent regulatory targets, shifting consumer demands,...

Uber’s Subscription Scandal: FTC Investigation Reveals Troubling Practices

Uber Technologies, Inc. is under investigation by the U.S. Federal Trade Commission (FTC) regarding its subscription service, Uber One. This inquiry follows complaints about...

Microsoft Faces Growing Antitrust Pressure: A Turning Point for Regulation

The U.S. Federal Trade Commission (FTC) has launched a comprehensive antitrust investigation into Microsoft, focusing on its software licensing practices, cloud computing dominance, and...