Asia/Pacific

South Korea Announces $313 Billion Funding for Projects to Fight Climate Change

South Korea has committed to providing 420 trillion won ($313.4 billion) in policy loans to finance projects that will help the country meet its climate goals.


Nissan Mulls EV Partnership With Honda to Form Powerful Japanese Alliance to Take on Overseas Rivals

Nissan Motor is reportedly considering approaching Honda Motor for a partnership on key components for electric vehicles (EVs)...

Japan’s Nippon Steel Is Determined to Acquire US Steel Despite Joe Biden's Opposition

After President Joe Biden voiced opposition to the $14.1 billion plan of Japan's Nippon Steel to acquire US Steel, the Japanese firm said it is committed to pursuing the buyout deal...

SMIC Veteran Joins China's Leading Memory Chip Maker CXMT to Boost Research and Development Efforts: Report

A former executive of Semiconductor Manufacturing International Corporation (SMIC), the largest chip foundry in China, has reportedly joined ChangXin Memory Technologies (CXMT), the country's leading ..


Latest News

China's Xiaomi, Tesla's New Rival, to Begin Deliveries of Its First EV Model This Month
Xiaomi said it will begin delivering its first electric vehicle (EV) model, the SU7, to customers this month.
US Seen to Impose More Curbs on China as ‘Decoupling' in 'Full Force’ Amid Possible TikTok Ban
The US is anticipated to intensify restrictions on China amid a potential TikTok ban in the country.
Philippines Could Receive $1 Billion From US Firms! Where Will Investments Be Used For?
The U.S. Commerce Secretary announced that the Philippines is expected to receive $1 billion from U.S. firms.
Escalating Violence in Red Sea Raises Threatens Asia's Economic Growth
Projections indicate an up to a 0.5% reduction in economic growth and a 0.4% increase in inflation rates due to disrupted supply chains, especially impacting Southeast Asian nations reliant on exports
South Korea Regulator May Sanction Meta Over Facebook and Instagram Marketplaces: Report
Meta might be penalized by South Korea's antitrust office for allegedly failing to protect local consumers on its Facebook and Instagram marketplaces against fraudulent transactions.
Tire Maker Goodyear to Shut Down Manufacturing Plant in Malaysia
Goodyear Tire & Rubber Co, one of the leading tire manufacturers globally, is closing its manufacturing plant in Malaysia.
Hong Kong to Host CoinDesk Consensus as It Bids to Become a Crypto Hub
CoinDesk will hold a consensus in Hong Kong, showcasing the region's progress as a digital asset hub despite regulatory lag in certain areas.
China's Exports and Imports for First 2 Months Beat Expectations
China's import and export growth in January and February exceeded expectations.
Russia-North Korea Partnership: What Kind of Weapons Technology Is Moscow Sending to Pyongyang?
Experts said Russia has a range of military technologies that it could offer to North Korea in exchange for weapons to sustain its war in Ukraine.
Russia and China Are Planning to Build a Nuclear Power Plant on the Moon
Russia and China are planning to build a nuclear power plant on the moon by 2035.
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