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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China Retaliates Against U.S. Tariffs with New Economic Measures: Kim Jisun 02/05/2025 05:07 AM; U.S. President Donald Trump (left) and Chinese President Xi Jinping. [Photo: Yonhap News] [Alpha Biz= Kim Jisun] China has launche ...

EU Launches Investigation into Shein Over Consumer Protection Violations: Kim SangJin 02/04/2025 08:21 AM; [Alpha Biz= Kim Sangjin] The European Union (EU) is launching an investigation into Shein, the leading online fast fashion platfor ...

TikTok to Invest $3.8 Billion in Thailand: Kim Jisun 01/31/2025 07:19 AM; Photo = Yonhap news[Alpha Biz= Kim Jisun] According to Reuters and Bloomberg on Thursday, Thailand’s Board of Investment (BOI) has ...

OpenAI, SoftBank, and Oracle to Launch Multi-Billion Dollar Joint Venture "Stargate": Kim SangJin 01/22/2025 07:27 AM; Sam Altman, OpenAI CEO, Attending Donald Trump's Inauguration[Photo: Yonhap News] [Alpha Biz= Kim Sangjin] OpenAI, SoftBank, and O ...

Earthquake Hits Taiwan, TSMC Evacuates Workers from Semiconductor Plant: Kim SangJin 01/21/2025 08:37 AM; TSMC logo. (Photo = Yonhap News)[Alpha Biz= Kim Sangjin] An earthquake occurred in Taiwan, prompting semiconductor foundry company ...

Quantum Computing Stocks Plummet After Nvidia CEO's Remarks, Domestic Investors Lose $16.3 Billion in Market Value: Kim Jisun 01/10/2025 12:31 AM; [Alpha Biz= Kim Jisun] Quantum computing stocks, which had surged last month, plummeted after comments by Jensen Huang, CEO of Nvi ...

Xiaomi Establishes Korean Subsidiary, Eyes Automotive Sector Amid EV Expansion: Kim Jisun 01/08/2025 03:26 AM; [Alpha Biz= Kim Jisun] Chinese tech giant Xiaomi has recently established a subsidiary in South Korea, listing the automotive sect ...

Xiaomi Korea to Hold New Product Launch Event on January 15: Kim SangJin 01/07/2025 03:13 AM; [Alpha Biz= Kim Sangjin] Xiaomi Korea will hold a press event on January 15 at 10:30 AM at the Four Seasons Hotel in Seoul to cele ...

Alibaba Sells Hypermarket Chain Sun Art to DCP Capital for $2.5 Billion: Kim SangJin 01/02/2025 10:28 AM; [Alpha Biz= Kim Sangjin] Alibaba, China's largest online shopping company, has decided to sell its stake in Sun Art, the country's ...

CATL and Stellantis to Build Joint Electric Vehicle Battery Plant in Spain: Kim Jisun 12/12/2024 02:42 AM; CATL [Alpha Biz= Reporter Kim Jisun] Chinese electric vehicle (EV) battery giant CATL and multinational automaker Stellantis, rank ...

Vietnam to Ban E-Cigarettes Starting Next Year: Kim Jisun 12/02/2024 01:55 AM; Photo = Yonhap news [Alpha Biz= Reporter Kim Jisun] The Vietnamese government will prohibit the production, sale, and use of e-cig ...

Toshiba to Sell Toshiba Materials for 1.3 Trillion KRW Amid Financial Struggles: Kim Jisun 11/26/2024 02:53 AM; Photo = Yonhap news[Alpha Biz= Reporter Kim Jisun] Struggling Japanese conglomerate Toshiba announced on the 25th that it will sel ...

Taiwanese Media: "Trump May Attend TSMC's U.S. Plant Completion Ceremony Next Month": Kim Jisun 11/12/2024 02:45 AM; Photo = Yonhap news[Alpha Biz= Reporter Kim Jisun] Taiwanese media outlets, including Liberty Times, reported on the 11th that Pre ...

TSMC to Halt Supply of Advanced AI Chips to China Amid U.S. Export Restrictions: Kim Jisun 11/11/2024 08:13 AM; Photo = TSMC[Alpha Biz= Reporter Kim Jisun] Taiwan's TSMC, the world's largest foundry (semiconductor contract manufacturing), has ...

Nippon Steel Expects US Steel Acquisition, Opposed by Trump, to Be Finalized by Year-End: Kim Jisun 11/08/2024 03:26 AM; [Alpha Biz= Reporter Kim Jisun] Nippon Steel has expressed confidence that its acquisition of U.S. Steel, opposed by U.S. Presiden ...

Here’s the English translation of the provided text: "TSMC to Begin Official Production of 4nm Process Products at U.S. Factory Next Month": Kim SangJin 11/05/2024 01:58 AM; (Photo= Yonhap news)[Alpha Biz= Reporter Kim Sangjin] Taiwan's TSMC, the world's largest semiconductor foundry, will commence offi ...

China to Implement Visa-Free Policy for South Korea and Eight Other Countries Starting November 8: Kim Jisun 11/04/2024 04:01 AM; (Photo= Yonhap news)[Alpha Biz= Reporter Kim Jisun] Starting November 8, China will implement a visa-free policy for South Korea a ...

BYD Surpasses Tesla in Quarterly Revenue for the First Time with Hybrid Strategy: Kim Jisun 11/01/2024 06:51 AM; 출처=BYD[Alpha Biz= Reporter Kim Jisun] Chinese automaker BYD outpaced Tesla in revenue for the first time in Q3 (July-September), m ...

Global Investors Exclude China Amid Economic Stimulus and Rising Capital Flight: Kim SangJin 10/24/2024 05:41 AM; [Alpha Biz= Reporter Kim Sangjin] Despite the Chinese government's recent efforts to boost the economy with various stimulus measu ...

China's CATL to Build Battery Cell Plant in Indonesia with $1.6 Billion Joint Investment: Kim Jisun 10/21/2024 03:23 AM; Photo=CATL[Alpha Biz= Reporter Kim Jisun] China's electric vehicle battery manufacturer CATL is partnering with Indonesia's state- ...

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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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