Asia/Pacific

South Korea to Invest Nearly $7 Billion in AI to Maintain Semiconductor Chips Dominance

South Korea's President Yoon Suk Yeol said the government will invest 9.4 trillion won ($6.94 billion) in artificial intelligence (AI) by 2027 in a bid to maintain its global dominance in semiconductor chips.


Russia Seeks Emergency Gasoline Supply From Kazakhstan as Ukraine Aims Drones at Oil Refineries: Report

Russia is reportedly considering Kazakhstan as a potential source of gasoline in the event of shortages aggravated by Ukrainian drone attacks on oil refineries.

Salary Trend: These Jobs in Singapore See Wages Jump This Year!

According to a new report, certain tech positions in Singapore experienced a significant increase in wages, reaching as high as 11%, despite the overall decline in tech salaries in 2023.

Dutch Government Set to Comply With US Demands on Chip Exports to China

The Dutch government is reportedly set to comply with the US demand to tighten restrictions on semiconductor-related exports to China.


Latest News

A survey by ISEAS-Yusof Ishak Institute shows over 50% of Southeast Asians prefer aligning with China over the US, reflecting China's growing influence.
Malaysia is increasingly attracting semiconductor factories amid escalating tensions between the US and China.
HSBC is reportedly considering selling various business units in Germany. HSBC is reportedly considering selling various business units in Germany, particularly those dealing with wealth management, custody, and fund administration.
President Joe Biden and China's President Xi Jinping clashed in a telephone call on Tuesday about US restrictions on high-technology exports.
China has surpassed the United States as the most preferred ally of Southeast Asia, according to the study.
The Chinese government has slammed the US for tightening regulations about semiconductor exports, claiming they have created trade barriers and heightened uncertainty in the chip industry.
An elderly businessman was killed by his caretaker for allegedly disturbing him while he was sleeping.
Kobayashi Pharmaceutical Co. President Akihiro Kobayashi apologized to victims of their supplements, with the death toll now at 5 with 100+ more hospitalized.
Apple CEO Tim Cook has visited China to boost iPhone sales while praising the Chinese economy. However, he was criticized at home for his laudatory remarks.
China's President Xi Jinping met with more than a dozen American CEOs and academics on Wednesday in an effort to mend strained relations with the US.
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