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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Tariff War Fuels Surge in Chinese Nationalism and Anti-American Sentiment: Kim Jisun 04/14/2025 03:27 AM; Photo = Yonhap news[Alpha Biz= Kim Jisun] As the Trump administration’s trade war with China escalates, signs of rising nationalis ...

U.S.-China Tariff War Triggers Yuan Devaluation and Surge in U.S. Long-Term Treasury Yields: Kim Jisun 04/10/2025 03:38 AM; Photo = Yonhap news[Alpha Biz= Kim Jisun] On April 9, the U.S. and China both activated mutual tariffs, leading to a sharp drop in ...

Tokyo Stock Market Sees Significant Surge, Nikkei Index Rises by 6.03%: Paul Lee 04/09/2025 04:10 AM; Photo = Yonhap news [Alpha Biz= Paul Lee] On Tuesday, the Nikkei index in the Tokyo stock market closed at 33,012.58, up by 1,876 ...

Vietnam to Impose Temporary Anti-Dumping Tariffs on Some Korean Steel Imports: Kim Jisun 04/07/2025 03:21 AM; Photo = Yonhap news[Alpha Biz= Kim Jisun] Vietnam announced on Friday (local time) that it will impose provisional anti-dumping ta ...

Yen Strengthens Amid U.S. Tariff Policy Announcement, Hitting 2-Year High Against the Won: Paul Lee 04/04/2025 03:53 AM; Photo = Yonhap news[Alpha Biz= Paul Lee] On Thursday, the yen strengthened significantly, with the exchange rate of 100 yen to the ...

TCL Completes Acquisition of LG Display's Guangzhou LCD Factory: Kim Jisun 04/03/2025 03:58 AM; Photo = Yonhap news[Alpha Biz= Kim Jisun] China's largest electronics company, TCL, has completed the acquisition of LG Display's ...

Xiaomi Electric Car Explodes After Crash in China, 3 Dead Inside: Kim Jisun 04/02/2025 03:46 AM; Photo = Yonhap news[Alpha Biz= Kim Jisun] A tragic accident involving Xiaomi’s electric vehicle, the SU7 (known as the "Suci" in C ...

Global Automakers, Including GM, Toyota, and Honda, Face Pressure from U.S. Tariff Plans: Paul Lee 03/28/2025 03:24 AM; Photo = Yonhap news[Alpha Biz= Paul Lee] The U.S. government's plan to impose a 25% tariff on imported cars is also a significant ...

China Seizes DeepSeek Employees' Passports to Prevent Information Leaks: Kim Jisun 03/24/2025 03:46 AM; Photo = Yonhap news[Alpha Biz= Kim Jisun] Foreign media have reported that the Chinese government has confiscated the passports of ...

SoftBank Group to Acquire Ampere Computing for $6.5 Billion, Accelerating AI Capabilities Expansion: Paul Lee 03/21/2025 06:54 AM; Photo = Yonhap news [Alpha Biz= Paul Lee] Japan's SoftBank Group is accelerating its AI capabilities by acquiring U.S. semiconduct ...

SEBI Approves LG Electronics' IPO Plan for Indian Subsidiary: Paul Lee 03/19/2025 03:14 AM; Photo = Yonhap news[Alpha Biz= Paul Lee] The Securities and Exchange Board of India (SEBI) has approved the initial public offerin ...

Huawei Allegedly Secures Over 2 Million AI Chips from TSMC via Shell Companies: Kim Jisun 03/10/2025 07:28 AM; Huawei Booth at MWC 2024. (Photo by Correspondent Shin Jung-hoon)[Alpha Biz= Kim Jisun] China’s largest IT company, Huawei, has re ...

Chinese Smart TVs Under Fire for Data Breaches and Unauthorized Data Collection: Kim Jisun 03/06/2025 03:14 AM; Photo = Yonhap news[Alpha Biz= Kim Jisun] Chinese-manufactured smart TVs are facing ongoing scrutiny over allegations of "data lea ...

TSMC to Invest $100 Billion in U.S. Semiconductor Plants Over Next Four Years: Paul Lee 03/04/2025 03:30 AM; Photo = Yonhap news[Alpha Biz= Paul Lee] Taiwan's TSMC, the world's largest foundry (semiconductor contract manufacturer), will in ...

Asahi Beer to Raise Prices in Korea from March 1: Kim Jisun 02/24/2025 02:35 AM; Photo = Yonhap news[Alpha Biz= Kim Jisun] Asahi, the top-selling imported beer brand in Korea, is set to increase its prices start ...

Chinese E-commerce Giant Temu Enters South Korean Market Directly: Kim Jisun 02/19/2025 12:46 AM; [Alpha Biz= Kim Jisun] Chinese e-commerce platform Temu is making a direct entry into the South Korean market. After launching its ...

Honda and Nissan Call Off Merger Amid Structural Reform Dispute: Kim Jisun 02/14/2025 12:47 AM; Nissan President Makoto Uchida (left) and Honda President Toshihiro Mibe hold a press conference in Tokyo, Japan, last December to ...

Japan Requests Exemption from U.S. Tariffs on Steel and Aluminum Amid Trump’s Tariff Plans: Kim Jisun 02/13/2025 07:28 AM; Yoshimasa Hayashi, Japan’s Chief Cabinet Secretary (Photo = Yonhap news) [Alpha Biz= Kim Jisun] The Japanese government announced ...

Huawei Reports 22% Revenue Increase in 2024 Despite U.S. Sanctions, Reaches Second-Largest Revenue in History: Kim SangJin 02/07/2025 03:59 AM; WMC24 Huawei booth[Alpha Biz= Kim Sangjin] Huawei, China's largest telecommunications equipment company, has reported a 22% increa ...

Honda-Nissan Merger Talks Collapse Over Disagreements on Integration Terms: Kim Jisun 02/06/2025 05:58 AM; [Alpha Biz= Kim Jisun] The proposed management integration between Japanese automakers Honda and Nissan is on the verge of collaps ...

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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

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