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![]() Lionel LimCoinDesk |
As Apple’s traditional cash cow of China begins to dry up, emerging markets like Indonesia are quickly becoming a source of growth
Baidu's ambitious play could intensify an ongoing price war in China's competitive AI sector.
The bank, driven by its wealth management business and an increase in loans, reported a net profit of $8.4 billion for 2024, up 11% from the year...
Stanley Co, the first CEO from outside the founder's family, is confident that Robinsons Retail can thrive even amid Trump-era uncertainty.
“It’ll be interesting to know how much the Singapore Tourism Board paid for this endeavor," says Jose Raymond, managing director of PR firm SW...
The Chinese tech giant's 2024 revenue is a 22% year-on-year increase and marks a return to growth following Washington's restrictions.
The bank targets younger Vietnamese and its growth was driven by loans and wealth management services.
Officials in South Korea and Australia have cited concerns about user data and national security as reasons to block the buzzy AI service from China.
"We expect another year of profitable growth in 2025, and have further improved our long-term outlook," said CEO Walmsley.
The Shanghai factory is expected to start production in 2027 and will develop a new BEV under Toyota's premium Lexus brand.
Keppel's connectivity segment, which handles its data center business, was the only part that reported growth in profits last year.
Kakao, which owns one of Korea's largest taxi-hailing and messaging platforms, will use ChatGPT for its new AI services.
Among other measures, China will impose a 15% tariff on imports of U.S. coal and liquefied natural gas.
Workers agree AI technology makes them more efficient, but it isn’t ready to replace them.
Its CEO downplayed converns about cannibalization as tourist hotspot Thailand looks to open new casinos.
At least three other companies including those backed by Alibaba and Tencent released updates to their applications in recent weeks.
Chinese imports of durian rose to 1.56 billion kilograms last year, 2.5 times what it imported in 2019.
Luckin Coffee—booted from the Nasdaq in 2020—has overtaken Starbucks in China revenue and store count.
Fortunately, Singapore Prime Minister Lawrence Wong thought a full split was unlikely: “I can’t see how a full decoupling can happen at this stage.”
Markets were cautiously optmistic after Trump took a lighter approach to China on Monday. That sentiment lasted a day.
Use of the "aphrodisiac honey" has increased in recent years, with officials warning of potentially serious health risks from ingredients not listed...
Trump signed an executive order on Monday that delays a divest-or-ban law for TikTok for 75 days.
Users on Chinese social media app Xiaohongshu asked if it was safe to travel to Thailand while a Hong Kong singer-actor canceled his Bangkok concert.
Nintendo's shares slid by as much as 7% when markets opened Friday, after the company released few details about its next gaming device.
The bloc has a GDP of around $4.2 trillion and came up during a U.S. Senate hearing on Wednesday.
"We are no longer satisfied with playing the spectator."
There’s renewed uncertainty over U.S. Steel’s future after President Biden decided to block Nippon Steel’s acquisition bid, worth over $14...
Biden's final foreign policy featured harsh rhetoric on China, as Washington embraces tough-on-China policies.
BYD's new luxury supercar, the Yangwang U9, stole the show with its "dance" in a massive booth near the exhibition's entrance.
“Defending global trade is very important to us as a country," Rafizi told Fortune the day after Malaysia and Singapore unveiled the Johor-Singapore...
It's Singapore's first facility dealing with HBM, part of the AI chips that's powering companies like Nvidia and TSMC to new heights.
"We need more competition in the aerospace business," Kirby said during an aviation podcast interview.
Data from government-affiliated research firm show an almost 50% year-on-year decline in shipments of foreign-branded phones in November 2024.
Vietnam's GDP grew by 7.09% in 2024, ahead of government forecasts of 6.5%. Yet Vietnam's trade surplus with the U.S. could put it at risk of new...
From Jan. 1, social media platforms with more than 8 million users in Malaysia need to have a license to operate or risk getting blocked.
Beijing may be taking a page out of Washington's playbook in its use of export controls and trade blacklists.
BYD sold 1.7 million battery EVs in 2024, nearing the 1.81 million EVs sold by Tesla in 2023.
Countries like Vietnam benefited from Trump's trade war. That could put them at risk in the second round.
China “will add nearly twice as many EV sales next year as the rest of the world combined," predicts Rho Motion's Will Roberts.
A share rally in Singapore's biggest banks—DBS, UOB and OCBC—lifted the Straits Times Index to end the year above Malayis'a Kuala Lumpur Composite...
Proton's e.MAS 7, unveiled on Monday, was developed concurrently with Geely's Galaxy E5.
The ambitious high-speed rail project has been bogged by financial issues since it was first announced in 2013.
Allianz's bid to take over Singapore's Income Insurance drew scrutiny from both public officials and prominent Singaporeans.
The Biden administration's investigation, reported by the New York Times, could lead to tariffs or import bans.
Starbucks' China revenue fell 7% last quarter, as Chinese shoppers turned to more affordable drinks sold from local chains like Luckin Coffee.
It's the second family-friendly out of Tokyo, following the municipal government's decision to offer a 4-day work week to employees.
AirTrunk is giving away the money to celebrate its $16 billion acquisition by the U.S. private equity giant Blackstone.
An analyst from the consultancy firm Trivium China thinks Beijing is preparing for some tough negotiations ahead.
“Design is critical for a successful company,” said Vanessa Cho, design partner at GV, at Fortune's Brainstorm Design conference on Dec. 5
BYD sold around 3.8 million cars in the first 11 months of 2024, a 40% year-on-year jump.