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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...

Airbus Announces 2,500 Job Cuts Amid Defence and Space Unit Overhaul

This restructuring signals Airbus's intention to adapt to a rapidly changing aerospace landscape, where the focus is shifting toward next-generation technologies and cost efficiency. Airbus,...

Boeing’s Layoff Wave: Confronting Challenges in a Changing Aviation Landscape

Boeing is poised to deliver layoff notices to thousands of employees, signaling a troubling phase for the aerospace giant as it grapples with industry-wide...

Elon Musk’s X Excludes Unilever from Advertiser Boycott Legal Action

Dropping Unilever from its advertiser boycott lawsuit could be signaling a potential shift in strategy. This decision could reshape relationships with key advertisers while...

North Korea Army to Severe Road and Rail Links with South Korea

In a dramatic escalation of tensions, North Korea has announced plans to cut off all road and rail links to South Korea starting Wednesday....

UK Energy Tax Increase to 38% Threatens Economic Growth, Oil Industry Claims

UK's Energy Tax Increase Threatens Economic Growth, Oil Industry Warns In a move that has stirred significant concern within the oil and gas sector, the...

Ellison’s Call to Mining Industry: Reject Work from Home for Better Efficiency

Mining Industry: Australian Firm Challenges Work from Home Trend In a bold move, the Australian mining industry is making headlines as one of its leading...