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

Search: 197건

AI All-In" by Son Jeong-ui... Plans to Launch In-House Semiconductor Next Year: Kim Minyoung 05/13/2024 03:11 AM; Softbank Chairman Son Jung-eui. (Photo=Reuter Yonhap News)[Alpha Biz= Reporter Kim Minyoung] Son Jeong-ui, chairman of SoftBank Gr ...

Indonesia, Korea's partner in the joint development of the 'KF-21', has proposed to the South Korean government that they will only contribute one-third of the originally agreed development costs.: Kim Minyoung 05/07/2024 03:57 AM; [Alpha Biz= Reporter Kim Minyoung] Indonesia, currently in joint development with South Korea on the 'KF-21' fighter aircraft, has ...

Bitcoin and Ethereum spot ETF trading started in Hong Kong: Paul Lee 05/02/2024 03:11 AM; [Alpha Biz= Reporter Paul Lee] Bitcoin and Ethereum spot ETF trading started in Hong KongForeign media including the Financial Tim ...

Daiso has withdrawn all its stores in China: Kim Jisun 04/29/2024 01:24 AM; Daiso store. (photo = Yonhap news)[Alpha Biz= Reporter Kim Jisun] Asung Daiso, a flat-priced household goods store, said on the 28 ...

“Bitcoin and Ethereum spot ETF trading begins in Hong Kong from the end of this month”: Paul Lee 04/26/2024 02:55 AM; [Alpha Biz= Reporter Paul Lee] Reuters reported on the 25th that in-kind Exchange Traded Fund (ETF) trading between Bitcoin and Et ...

Japanese listed companies bought 10.2 trillion yen in treasury stock last year, the largest ever: Paul Lee 04/25/2024 02:55 AM; (Photo = Yonhap news) [Alpha Biz= Reporter Paul Lee] Nikkei reported on the 24th that Japanese listed companies acquired 10.25 tri ...

Apple's smartphone sales in China plunged in the first quarter due to Huawei's popularity: Paul Lee 04/24/2024 02:44 AM; iPhone 15 pro.(photo=Apple)[Alpha Biz= Reporter Paul Lee] Apple's smartphone sales in China plunged in the first quarter due to Hu ...

Softbank will invest an additional 150 billion yen (approximately 1.337 trillion won) by next year to develop high-performance generative AI.: Kim Minyoung 04/23/2024 02:50 AM; Softbank Chairman Son Jung-eui. (Photo=Yonhap News)[Alpha Biz= Reporter Kim Minyoung] With mobile carriers around the world enteri ...

BYD ranked first in monthly market share in the Chinese car market for the first time.: Kim Minyoung 04/22/2024 03:09 AM; Chinese electric car BYD model exhibition hall (photo = BYD)[Alpha Biz= Reporter Kim Minyoung] Chinese electric car manufacturer ...

SPC Group opened its first Paris Baguette Philippines store: Paul Lee 04/19/2024 03:34 AM; (Photo= SPC group) [Alpha Biz= Reporter Paul Lee] The SPC Group announced on the 18th that it opened the first Paris Baguette stor ...

Toyota recalled 135,000 Prius in Japan: Kim Minyoung 04/18/2024 01:41 AM; (Photo = Yonhap news)[Alpha Biz= Reporter Kim Minyoung] Toyota recalled more than 135,000 Prius hybrid cars in Japan over rear sea ...

Japan's Kioxia is pushing to list on the Tokyo Stock Exchange this year: Kim Minyoung 04/17/2024 12:01 AM; (Photo = Kioxia homepage) [Alpha Biz= Reporter Kim Minyoung] Kioxia, a Japanese NAND flash memory producer, announced that it will ...

Hong Kong approved Bitcoin and Ethereum spot ETF for the first time in Asia: Paul Lee 04/16/2024 03:04 AM; [Alpha Biz= Reporter Paul Lee] Hong Kong has approved Bitcoin and Ethereum Exchange Traded Fund (ETF) for the first time in Asia.A ...

Japan also imposes a fine of '20% of sales' on Apple and Google: Kim Minyoung 04/15/2024 08:34 AM; (Photo = Yonhap news)[Alpha Biz= Reporter Kim Minyoung] The Japanese government has also taken a knife out of the monopoly of glob ...

Taiwanese media reported, “TSMC expects to increase U.S. factories from 3 to 6.”: Paul Lee 04/12/2024 06:19 AM; (Photo=TSMC)[Alpha Biz= Reporter Paul Lee]Taiwan's TSMC, the world's largest foundry company, is set to receive $11.6 billion in l ...

Microsoft invests $2.9 billion to revitalize Japanese AI business: Paul Lee 04/11/2024 03:02 AM; Microsoft headquarters. (Photo=Yonhap News)[Alpha Biz= Reporter Paul Lee] Microsoft will invest about $ 2.9 billion over the next ...

Kakao, Naver, and Toss Pay in China doubled in just five months: Paul Lee 04/09/2024 03:50 AM; (Photo = Yonhap news)[Alpha Biz= Reporter Paul Lee] Kakao, Naver, and Toss Pay in China doubled in just five months(Photo = Yonhap ...

Up to 700 times more carcinogens were detected in jewelry purchased from Ali Express and Temu.: Kim Minyoung 04/08/2024 03:58 AM; [Alpha Biz= Reporter Kim Minyoung] Carcinogens were detected in accessories sold on Chinese e-commerce platforms such as Ali Expre ...

TSMC "More than 80% of the plant facilities have been restored, but some lines need more time.": Kim Jisun 04/05/2024 03:57 AM; (사진=TSMC)[Alpha Biz= Reporter Kim Jisun] Taiwan'sthe world's largest semiconductor consignment production (foundry) company, said ...

TSMC "More than 80% of the plant facilities have been restored, but some lines need more time.": Kim Jisun 04/04/2024 10:51 PM; [Alpha Biz= Reporter Kim Jisun] Taiwan's the world's largest semiconductor consignment production (foundry) company, said it has r ...

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Headline

Designer Claims BLACKPINK’s Jisoo Failed to Return Borrowed Outfits, Says Issue Moving Toward Resolution

JW Pharmaceutical Faces 3-Month Sales Suspension Following Rebate Conviction

KakaoBank Eyes KRW Stablecoin Ecosystem and Capital Firm M&A for Long-Term Growth

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

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