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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...

Reliance and Disney Unite : India Approved $8.5bn Merger

India Approves $8.5bn Reliance-Disney Entertainment Merger Reliance and Disney: In a move set to reshape the entertainment landscape in India, the Competition Commission of India...

AI Chip Leader Nvidia Share Price Drop 6%, Despite Historic Revenue Growth

Nvidia Shares Price Drop Despite Record Sales: What’s Behind the Dip? Nvidia’s Roller Coaster in the Stock Market Nvidia Share Price Drop: Nvidia, the powerhouse in...

China Unveils 2024 Negative List: New Horizons for Foreign Investment

China Approves 2024 Negative List for Foreign Investment Access China's State Council has recently approved the 2024 Negative List for Foreign Investment Access, which is...

InsurTech Boom in Southeast Asia: Navigating Through $2.35 Billion in Deals

Southeast Asia's Insurtech Sector's Rise in 2023 The insurtech boom in Southeast Asia has experienced a remarkable transformation in 2023. This year has seen the...

New SkillsFuture Scheme Aids Involuntarily Unemployed in Singapore

Singapore Announces SkillsFuture Scheme In a significant policy shift, Singapore's Prime Minister, Lawrence Wong, has announced the launch of the SkillsFuture Jobseeker Support scheme. This...

Shein Sues Temu for Alleged Copyright Infringement and Trade Secret Theft

Shein Sues Temu Over Copyright Infringement Shein, a well-known Chinese-linked fast-fashion giant, has recently made headlines by filing a lawsuit against its competitor, Temu, over...