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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...

Trump’s Tariff Plan: Mexico, Canada, and China in the Crosshairs

Donald Trump’s renewed presidential campaign is making headlines with a controversial economic proposal: imposing tariffs on imports from Mexico, Canada, and China immediately upon...

Aston Martin’s Second Profit Warning in Two Months: What’s Behind the Decline?

Aston Martin, the iconic British luxury carmaker, has issued its second profit warning within two months, a move that has sent ripples through the...

Archegos Founder Bill Hwang Sentenced to Prison for $10 Billion Fraud Scheme

The founder of Archegos Capital Management, Bill Hwang, has been sentenced to a prison term for orchestrating a massive financial fraud that led to...

Jaguar’s Vision for 2025: Electric, Modern, and Fearless

Jaguar has unveiled a new logo as part of its rebranding initiative, signaling a decisive shift towards becoming a fully electric luxury brand by...

Ford to Eliminate 4,000 Jobs in Strategic Restructuring

Ford Motor Company has announced plans to cut 4,000 jobs across Europe by 2027. This decision reflects significant economic challenges, weak electric vehicle (EV)...

Foxconn Bets Big on AI as EV Ambitions Stall

Taiwanese tech giant Foxconn, officially Hon Hai Precision Industry, is riding the wave of unprecedented growth in its AI server segment. The company has...