Finance

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...

China’s Economic Slowdown Deepens: What It Means for the Global Economy

China's economic slowdown is deepening, driven by weak consumer demand, declining exports, and a worsening real estate crisis, with global implications China, once hailed as...

Dollar Soars, Japan Dominates Asian Stock Rally After Massive US Payroll News!

Asian stocks surged, and the dollar reached a fresh seven-week peak against the yen on Monday. This rally followed the release of robust U.S....

South Korea’s Household Borrowing Soars: Biggest Jump in Over Three Years

In a financial twist that could make even the most seasoned economists raise an eyebrow, South Korea’s household borrowing skyrocketed in August, marking the...

PepsiCo invests $400 million to expand its footprint in Vietnam

In a significant move, the renowned U.S. food and beverage giant PepsiCo invests $400 million in Vietnam. The company aims to construct two new...

Seven Major European Banks Select IBM to Bring Blockchain-Based Trade Finance to SMEs

IBM (NYSE: IBM) today announced that it has been selected by a consortium of seven of Europe's largest banks to build and host a...

7 Banking Trends in APAC

The economies in the Asia Pacific region are undergoing considerable transformation and so is the banking sector of the region. Over the past decade, the...