Business

China Orders State Firms to Speed AI Rollout Across Manufacturing

China's SASAC directed central state-owned enterprises to accelerate AI adoption across manufacturing, from R&D to production and management.

China Tests Star-Based Navigation for Its 2030 Jupiter Mission

Chinese researchers tested stellar aberration navigation aboard the Tianhui-7 satellite in January, fixing its position to within 5km ahead of a 2030 Jupit

Hong Kong Cuts Subsidised Physiotherapy Places by a Third for 2027-28

Hong Kong's Education Bureau cut subsidised physiotherapy places by about a third for 2027-28 as graduates face a tightening job market

China Sets 2030 Target for Public Cultural Services in 15th Five-Year Plan

China's Ministry of Culture and Tourism issued a 15th Five-Year Plan for public cultural services, setting 2030 targets and 18 key engineering projects.

China Unveils Publishing Industry Plan for 2026–2030 With 33 Major Projects

China's National Press and Publication Administration has issued a publishing industry plan through 2030, listing eight priority areas and 33 major project

Mitsubishi Heavy Projects Profit Growth Despite Tariff Risks and Missed Estimates

Mitsubishi Heavy Industries is forecasting a 9.6% increase in operating profit for the fiscal year ending March 2026, driven by strong demand in the...

China’s Soybean Imports Drop to Decade Low Amid Delays and Trade Tensions

China’s soybean imports in April fell to their lowest level in a decade, reaching just 6.08 million metric tons—a 29.1% drop compared to the...

Commerzbank Posts Strong Quarterly Profit, Fending Off UniCredit Takeover

Commerzbank has posted a nearly 12% rise in net profit for the first quarter, reaching 834 million euros ($936 million), surpassing the forecast of...

China Confident in Managing U.S. Trade Issues Amid Ongoing Tariff Disputes

China has expressed full confidence in its ability to handle ongoing trade issues with the United States, according to Vice Foreign Minister Hua Chunying....

IAG to Order 53 New Long-Haul Aircraft from Airbus and Boeing

IAG, the parent company of British Airways, has announced plans to place an order for 53 new long-haul aircraft from Airbus and Boeing. The...

Nippon Steel Reports Decline in Net Profit Amid Challenging Year

Nippon Steel, Japan's leading steelmaker, reported a net profit of 350.2 billion yen ($2.41 billion) for the fiscal year ending in March, representing a...

Investors Shift Focus from U.S. to Asian Equities Amid Tariff Concerns

Investors are shifting their focus from U.S. stocks to Asian equity funds, as the Trump administration's tariffs create uncertainty over the future growth of...

U.S.-China Trade Tensions Ease as Exporters Resume Shipments

Chinese shipping agents and exporters have begun resuming shipments to the United States after a sharp drop caused by recent tariff hikes. The renewed...

Thailand Faces Uncertainty Over Prolonged U.S. Tariff Impact

Thailand is bracing for a prolonged and uncertain impact from the United States’ evolving tariff policies, according to a statement by the country’s central...

Nvidia to Launch Downgraded H20 AI Chip in China Amid Export Curbs

Nvidia is preparing to introduce a downgraded version of its H20 artificial intelligence chip in China within the next two months, as it adapts...

Japan’s Real Wages Decline for Third Month Despite Surprise Rise in Household Spending

Japan’s real wages declined for the third consecutive month in March, reflecting the continued pressure of inflation on household purchasing power. Government data released...

Global Markets Rise on US-UK Trade Deal, Bitcoin Nears Record High

Stocks rallied across Japan and Taiwan on Friday as investor sentiment improved following a trade agreement between the United States and the United Kingdom....

Uber Tightens Office Policy and Benefits, Sparking Employee Tensions

Uber recently announced a shift in its workplace policies, requiring employees to be in the office three days a week starting in June, up...

Seagate Targets 100TB Hard Drive by 2030 to Meet AI-Era Data Demands

Seagate is aiming to launch a 100-terabyte hard drive by 2030, nearly tripling the capacity of its current flagship model, the 36-terabyte Exos M....

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