News

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...

Chinese Developer Shimao Group’s Liquidation Hearing Adjourned to July 31

On Tuesday, Shimao Group enhanced the terms of its $11.5 billion offshore debt restructuring plan to garner more support from creditors and stave off...

East Asia Summit 2024: Dynamic Cooperation

The East Asia Summit: Strengthening Regional Cooperation Across Ten Key Areas The East Asia Summit (EAS), a vital regional forum, brings together eighteen countries, including...

North Korea’s Hypersonic Missile Explodes: A Setback in Advanced Weaponry

North Korea's Hypersonic Missile Test Fails, Debris Scattered Over 250 Kilometers North Korea's hypersonic missile test ended in failure as the missile exploded shortly after...

A Closer Look at Asian Markets: Nvidia Slump Sours Market Mood

The financial markets have been on a roller coaster lately, with tech giants and AI stocks leading the charge. The global tech landscape is...

Liquidation Showdown: Chinese Developer Shimao Group Sweetens Debt Revamp Terms Before Liquidation Hearing

Shimao Group, a prominent Chinese property developer, has taken steps to improve its offshore debt restructuring terms to gain support from creditors. The move...

USS Theodore Roosevelt (CVN-71) Arrives in South Korea: Navigating Complex Geopolitical Landscape

USS Theodore Roosevelt (CVN-71) Docks in South Korea Amidst Rising Regional Tensions The USS Theodore Roosevelt (CVN-71), a prominent US Navy aircraft carrier, has arrived...