Asia

Asia

China Cross-Border E-Commerce Slows as Korean Platforms Gain Ground

[Alpha Biz= Paul Lee] Growth in China-origin cross-border online shopping into South Korea has sharply slowed this year, reflecting weakening price competitiveness and rising competition from domestic platforms.According to government data released o
Asia

Toyota Motor to Build Three New Plants in India to Triple Output by 2030s

Photo courtesy of Yonhap News [Alpha Biz= Paul Lee] Toyota Motor plans to accelerate its push into the Indian market by constructing three new vehicle manufacturing plants, aiming to expand its production capacity to around 1 million units annually b

Asia

CATL Raises $5 Billion in Hong Kong Share Sale as Clean Energy Demand Surges

CATL (Photo courtesy of CATL)[Alpha Biz= Paul Lee] Amid rising global demand for clean energy driven by Middle East tensions, CATL, the world’s largest battery maker, has raised approximately KRW 7 trillion through a major equity offering.According t
Asia

Samsung Electronics Reportedly to Exit Consumer Electronics and TV Sales in China

Samsung Electronics (Photo = Samsung Electronics)[Alpha Biz= Kim Jisun] Samsung Electronics is reportedly planning to withdraw from its consumer electronics and TV sales business in China within the year, according to Japan’s Nikkei on April 27.The r

Asia

Huawei to Invest Up to USD 17 Billion in Autonomous Driving Over Five Years

Photo courtesy of Yonhap News[Alpha Biz= Paul Lee] Huawei announced plans to invest up to CNY 80 billion (approximately USD 17 billion) over the next five years to strengthen its autonomous driving capabilities.Speaking at the “Qiankun Technology Con

Asia

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Japan’s Economic Revitalization Minister Heads to U.S. for 7th Round of Tariff Talks: Kim Jisun 06/27/2025 03:11 AM; Photo = Yonhap news [Alpha Biz= Kim Jisun] Japanese Economic Revitalization Minister Ryosei Akazawa departed for the United States ...

Huawei’s Kirin X90 Chip in Foldable Laptop Reportedly Uses 7nm, Not 5nm Process: Paul Lee 06/24/2025 03:13 AM; Photo = Yonhap news[Alpha Biz= Paul Lee] Huawei’s recently unveiled foldable laptop, the MateBook Fold, was initially announced to ...

Toyota Motor to Acquire Parent Company Toyota Industries and Take It Private: Kim Jisun 06/04/2025 03:02 AM; Photo = Yonhap news [Alpha Biz= Kim Jisun] Tokyo, June 3 – Toyota Motor Corporation has decided to acquire its founding parent com ...

Nissan Plans to Raise ¥1 Trillion via Asset Sales and Bond Issuance Amid Financial Struggles: Paul Lee 05/29/2025 03:35 AM; Photo = Yonhap news [Alpha Biz= Paul Lee] According to a Bloomberg report dated May 28 (local time), Nissan Motor Co. is planning ...

Rapid Decline of ATM Machines in China Driven by Mobile Payment Surge: Paul Lee 05/27/2025 03:34 AM; Photo = Yonhap news [Alpha Biz= Paul Lee] China is witnessing a sharp decline in the number of Automated Teller Machines (ATMs), p ...

Nissan Reportedly Considering Sale of Yokohama Headquarters Amid Major Restructuring: Kim Jisun 05/26/2025 03:50 AM; Photo = Yonhap news [Alpha Biz= Kim Jisun] Tokyo, Japan – May 24, 2025 – Amid continued financial struggles, Nissan Motor Co., Ltd ...

Honda Scales Back EV Investment Amid Sluggish Market Demand: Paul Lee 05/21/2025 03:08 AM; Picture = Honda[Alpha Biz= Paul Lee] Japanese automaker Honda has announced a major revision of its electric vehicle (EV) strategy ...

Jensen Huang, CEO of Nvidia, Announces AI Supercomputer Project in Taiwan: Kim Jisun 05/20/2025 05:07 AM; Jensen Huang, CEO of Nvidia. (Photo: Yonhap News)[Alpha Biz= Kim Jisun] On May 19, Nvidia CEO Jensen Huang announced plans to buil ...

Taiwan Strengthens U.S. Trade Strategy by Appointing Former TSMC Legal Counsel to Key Negotiation Role: Kim Jisun 05/15/2025 03:41 AM; Photo = Yonhap news[Alpha Biz= Kim Jisun] Taiwan has reinforced its trade strategy with the United States by appointing a former e ...

Nissan Announces Massive Restructuring Plan, Doubling Job Cuts to 20,000: Kim Jisun 05/14/2025 03:59 AM; Photo = Yonhap news [Alpha Biz= Kim Jisun] Nissan Motor Co. has unveiled a sweeping restructuring plan that includes cutting 20,00 ...

Panasonic to Cut 10,000 Jobs as Part of Major Restructuring Drive: Kim Jisun 05/12/2025 03:45 AM; Photo = Yonhap news[Alpha Biz= Kim Jisun] Panasonic Holdings has announced a sweeping restructuring plan that includes cutting app ...

BYD Becomes Top-Selling Imported EV Brand in Korea Just One Month After Market Entry: Kim Jisun 05/09/2025 02:47 AM; Photo = Yonhap news[Alpha Biz= Kim Jisun] Chinese electric vehicle (EV) manufacturer BYD has taken the top spot in South Korea’s i ...

Bank of Japan Holds Interest Rates Steady Amid Global Economic Uncertainty: Paul Lee 05/02/2025 06:45 AM; (사진= 제공) [Alpha Biz= Paul Lee] The Bank of Japan (BOJ), which has been raising interest rates since early last year, has decided t ...

Japanese Authorities Investigating Criminal Group Using Stolen Brokerage Accounts for Stock Manipulation: Paul Lee 04/29/2025 06:54 AM; Photo = Yonhap news [Alpha Biz= Paul Lee] A criminal group in Japan has been using stolen customer accounts from eight securities ...

China’s JD.com Enters Korean Market, Expands C-Commerce Footprint: Paul Lee 04/25/2025 03:53 AM; [Alpha Biz= Paul Lee] JD.com, often dubbed the “Amazon of China,” is making its official foray into the South Korean market, foll ...

Chinese Executive Arrested in Thailand Over Bangkok Skyscraper Collapse Tied to Myanmar Earthquake: Kim Jisun 04/22/2025 03:06 AM; Photo = Yonhap news [Alpha Biz= Kim Jisun] A Chinese executive has been arrested in Thailand in connection with the collapse of a ...

Two Incheon City Council Members Indicted for Accepting ₩1.6 Billion Bribe in School Smartboard Scandal: Kim Jisun 04/18/2025 04:08 AM; Incheon City Council members Cho Hyun-young (left) and Shin Choong-sik, who were indicted on bribery charges related to the supply ...

Trump Tariffs Trigger Sharp Drop in China Container Bookings: Up to 60% Decline Forecast: Kim Jisun 04/18/2025 04:04 AM; Photo = Yonhap news[Alpha Biz= Kim Jisun] High tariffs imposed by the Trump administration on Chinese goods are expected to severe ...

SBI Holdings to Acquire Over 20% Stake in South Korea’s Kyobo Life Insurance: Paul Lee 04/17/2025 03:38 AM; (Photo = Kyobo Life)[Alpha Biz= Paul Lee] Japanese financial company SBI Holdings is reportedly set to acquire over 20% of Kyobo L ...

China Halts Boeing Aircraft Orders in Retaliation Against U.S. Tariffs: Kim Jisun 04/16/2025 03:20 AM; The logo of Boeing headquarters. (Photo = Boeing)[Alpha Biz= Kim Jisun] The Chinese government has reportedly instructed domestic ...

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Headline

Woori Bank Selected as Preferred Bidder for National Pension Service’s FX Custody Mandate Worth KRW 886 Trillion in Overseas Assets

Hyundai Marine Exposure Estimated at KRW 10 Billion in HMM Namu War Risk Insurance Case

Prosecutors Again Reject Arrest Warrant for HYBE Chairman Bang Si-hyuk Over IPO Fraud Allegations

Most read

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4: NAVER, Kakao Struggle to Rebound Despite Earnings Growth

5: Bad Loans Written Off by Korea’s Big Four Financial Groups Near Record KRW 3 Trillion

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