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China doubles down on domestic oil and gas output with $470 billion investmentChina is boosting its domestic oil and gas production. This move aims for energy self-reliance. The nation is investing heavily in drilling...
Trump tariff bite unlikely to spoil Apple harvest in India as desi iPhone plan holds firm: ReportApple's suppliers are likely proceeding with plans to mass-produce the next iPhone in India, anticipating an exemption from the potential 5...
Shein's tariff-busting shift hits home in Chinese factory hubShein’s rapid rise transformed factory villages in Guangzhou into "Shein villages," fueling a $30 billion ultra-fast fashion empire. Howeve...
Nike can’t ‘just do it’ with US tariffs on Vietnam, set to face big blow in its effort to revive brandNike faces potential U.S. tariffs on imports from Vietnam, where it produces 50% of its footwear and 28% of its apparel. Higher tariffs cou...
Over 600 trapped in Cambodia by cyber gangs brought backOver 600 Indians have been rescued from Cambodia, where they were forced into cybercrime by gangs using fake job offers. The National Inves...
Once a darling, China turns 'radioactive' for big foreign moneyForeign investment in China is rapidly declining. High geopolitical tensions and regulatory unpredictability have led investors to reconsid...
AI’s Magic Call: how AI will make smartphones smarterArtificial intelligence will unlock limitless possibilities in smartphones once they fully adopt the technology and make it a part of their...
As China looks to set up second military base on foreign soil, what it means for India?China is recceing various spots, especially in South Asia, to set up overseas military bases. If China builds a military base anywhere in S...
TSMC leads rush for renewables ahead of Taiwan energy voteEnergy security and reliance on imported fossil fuels have long been key political issues for Taiwan that have become more inflammatory aft...
Under Biden, China faces renewed trade pressureBiden won't confront Beijing right away, economists say, because he wants to focus on the coronavirus and the economy. However, Biden looks...
India’s record highs spark talk of further upsideMorgan Stanley, Goldman Sachs Group Inc. and JPMorgan Asset Management are among a number of prominent names talking up prospects for the c...
Deep-freeze hurdle makes Pfizer’s vaccine one for the richCountries will need to build from scratch the deep-freeze production, storage and transportation networks needed for the vaccine to survive...
Jack Ma’s $290 billion loan machine is changing Chinese bankingFor China whose last quarter growth was lowest since 1992, the implications of Ma's new business could be profound.
Finally, crypto-currencies make central banks sit up and take noteCrypto-currencies pose a threat to the established money system by effectively circumventing it.
China's industrial profit improvesMajor Chinese industrial firms combined profits rose to 11.6 per cent year-on-year in July, improving from 6.3 per cent seen in June.
Much ado about manufacturingThis magical appeal of manufacturing is based on a number of misguided beliefs. There is also a mythical notion that manufacturing jobs are...
- China’s first property taxes kick in
“It is a historic breakthrough because it is the first time in China that people need to pay for holding real estate assets,” Chen said.