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Asia🇬🇧🇬🇪🇷🇺

Hynix Shares Surge 11%, Propelling KOSPI to Record High

Shares of South Korean memory chipmaker Hynix jumped 11% after the company reported stronger‑than‑expected quarterly earnings and announced a new partnership with a major smartphone manufacturer. The rally helped the KOS...

2026-05-11 21:40

Asia🇬🇧🇬🇪🇷🇺

MBK Partners to Acquire Japanese Aluminum Components Specialist

Asian private‑equity firm MBK Partners disclosed plans to buy a Japanese manufacturer of aluminum components for the automotive sector. The deal, valued at approximately ¥120 billion, aims to consolidate MBK’s presence i...

2026-05-11 21:40

Asia🇬🇧🇬🇪🇷🇺

SoftBank Enters Battery Production to Power AI Data Centers

SoftBank announced a new venture into battery manufacturing, targeting high‑density storage solutions for AI‑driven data centers. The move is part of SoftBank’s strategy to secure reliable power supplies for its growing ...

2026-05-11 21:40

Asia🇬🇧🇬🇪🇷🇺

Trump‑Xi Meeting Raises Taiwan Concerns as US Policy Appears to Shift

A recent meeting between former President Donald Trump and China’s President Xi Jinping has left Taiwan on edge, with analysts noting subtle indications of a possible shift in US strategic posture. While no formal policy...

2026-05-11 21:40

Asia🇬🇧🇬🇪🇷🇺

Kioxia share surge marks Japan's shift from autos to chips

Kioxia's stock jumped sharply, signalling a broader reallocation of capital in Japan away from the automotive sector toward semiconductor manufacturing. Analysts cite rising global demand for memory chips as the driver. ...

2026-05-11 21:40

Asia🇬🇧🇬🇪🇷🇺

Philippine rice farmers squeezed by high fuel prices and El Niño

Rising diesel costs and the lingering effects of El Niño are hitting rice growers in the Philippines hard, inflating production expenses and threatening harvest yields. Farmers report lower margins and increased hardship...

2026-05-11 21:40

Asia🇬🇧🇬🇪🇷🇺

Indonesian state banks rally, private rivals falter under Prabowo's policies

State‑owned banks in Indonesia posted strong earnings and share gains, while privately run banks lagged after the new president, Prabowo Subianto, introduced economic reforms. The policies, aimed at tightening credit and...

2026-05-11 21:40

Asia🇬🇧🇬🇪🇷🇺

Vietnamese workforce powers Japanese factories, faces AI disruption at home

Vietnam’s large pool of low‑cost labour continues to support Japan’s manufacturing supply chain, especially in electronics and automotive parts. However, experts warn that rapid AI adoption in Vietnam could threaten thes...

2026-05-11 21:40

Asia🇬🇧🇬🇪🇷🇺

North Korea’s economy gains from the Ukraine war, analysts say

North Korean officials claim a significant boost to their economy, which analysts link to increased illicit trade and arms sales linked to the conflict in Ukraine. The gains are said to be helping fund domestic projects ...

2026-05-11 21:40

Asia🇬🇧🇬🇪🇷🇺

Natural rubber prices surge on Iran tensions, lifting Asian suppliers

Escalating geopolitical friction with Iran has driven natural rubber prices to multi‑year highs, benefitting producers in Southeast Asia. The price rally is boosting revenue for major rubber exporters in Thailand, Vietna...

2026-05-11 21:40

Asia🇬🇧🇬🇪🇷🇺

UAE Plans to Leave OPEC to Gain Greater Oil Flexibility

The United Arab Emirates is preparing to exit the Organization of the Petroleum Exporting Countries (OPEC) in order to pursue a more flexible oil policy and stimulate domestic growth. Officials say the move will allow th...

2026-05-11 21:40

Asia🇬🇧🇬🇪🇷🇺

BIS Chief Warns Iran Conflict Could Spike Global Inflation

In a recent statement, the chief of the Bank for International Settlements warned that fiscal policy responses to the risk of war involving Iran may exacerbate inflation worldwide. The official highlighted that heightene...

2026-05-11 21:40

Asia🇬🇧🇬🇪🇷🇺

China’s EcoFlow to Launch Solar Panels in UK Supermarkets

Chinese renewable‑energy company EcoFlow announced plans to sell its portable solar panels through major British supermarket chains later this year. The move aims to tap into the growing UK consumer demand for off‑grid p...

2026-05-11 21:40

Asia🇬🇧🇬🇪🇷🇺

Japan and Taiwan Initiate Joint Drone Development Programme

Industry leaders from Japan and Taiwan have agreed to cooperate on drone technology, establishing a framework for joint research and commercial projects. The partnership, driven by both governments and private firms, foc...

2026-05-11 21:40

Asia🇬🇧🇬🇪🇷🇺

Trump Visits China Amid Philippine Impeachment Vote and SoftBank Earnings

Former U.S. President Donald Trump arrived in China for a high‑profile visit, meeting officials and attending business forums. At the same time, the Philippine Congress voted on the impeachment of Speaker Sara Duterte, d...

2026-05-11 21:40

Asia🇬🇧🇬🇪🇷🇺

Aggressive Chinese Squid Fishing Linked to Declining Catches

Research indicates that intensive squid fishing practices by Chinese fleets have caused a sharp drop in overall squid catches across the region. Scientists attribute the decline to over‑exploitation and unsustainable fis...

2026-05-11 21:40