The Chinese telecommunications giant Huawei Technologies Co is looking to venture into less glamorous business alternatives which can eventually help the company to offset the fall in the revenues from its biggest revenue contributor – its smartphone business, after the… Read More ›
Entrepreneurship
Taiwanese firms in Myanmar fly Taiwanese flag to distinguish from Chinese financed companies facing brunt of public anger
Rising public anger in Myanmar against China, which is viewed as being supportive of the military junta has led Taiwan’s de facto embassy in Myanmar advised its companies that operate in the country to fly its flag so that they… Read More ›
Singapore-Australia discussing possible air travel bubble
In a statement Singapore’s foreign ministry said, it is in discussion with Australia on introducing the possibility of an air travel bubble that allows residents to travel between the two countries without requiring them to be quarantined. “Singapore is discussing… Read More ›
Exit of high carbon industries likely to heighten systemic risks in financial markets: PBOC official
On Monday, in a statement state-owned Shanghai Securities News said citing a central bank official, with high-carbon industries pulling out of China is likely to lead to a possible re-evaluation of invested financial resources; it is also likely to strengthen… Read More ›
Experts Say Microsoft’s Flaw Being Exploited By Ransom-Seeking Hackers
A recently disclosed flaw in Microsoft’s widely used mail server software is being targeted by hackers who seek ransom, claimed a researcher and added that there can be widespread digital disruption if there is a serious escalation of the hacking… Read More ›
Tesla’s Fire Response Team along with Fremont Fire Department put out fire
On Thursday evening, a fire which broke out at electric carmaker Tesla’s factory in Fremont, California, has been brought under control, with no immediate reports of injuries, said the fire department. According to Aisha Knowles, Fremont Fire Department’s spokeswoman, the… Read More ›
Chinese antitrust regulators gunning for Aliababa Group Holding Ltd
According to a report from the Wall Street Journal citing sources familiar with the matter, China’s antitrust regulators are mulling options to levy a record fine on Alibaba Group Holding Ltd over suspected anti-competitive behavior. The potential fine could exceed… Read More ›
China’s State Administration for Market Regulation fines 12 companies for illegal monopolistic behaviors
On Friday, in a statement China’s market regulator said, it has levied fines on 12 companies for illegal monopolistic behavior. The regulator has cited 10 deals which demonstrate their illegal monopolistic behaviours. The companies that have been fined include Baidu… Read More ›
Quad nations agree to collaborate on securing rare earth metals
Australia, Japan, India and the United States, will collaborate to secure rare earth metals which are critical to the production of a wide array of goods ranging from fifth generation fighter jets, to smartphones, and electric cars, said Japan’s the… Read More ›
Stellantis NV pauses plan to launch Peugeot in US market
In a statement, Stellantis, the world’s fourth-largest carmaker said, it has shelved a plan to launch the Peugeot brand in the United States. Instead it will focus on high-margin Jeeps, RAM pickup trucks, Fiat Chrysler’s (FCA) other brands including Chrysler,… Read More ›