Topic: Asia

Trump-Xi summit live: US president arrives in BeijingAsiaπŸ‡¬πŸ‡§πŸ‡¬πŸ‡ͺπŸ‡·πŸ‡Ί

Trump-Xi summit live: US president arrives in Beijing

US President Joe Biden arrived in Beijing for a historic summit with Chinese President Xi Jinping. The leaders are expected to discuss trade, climate change, and other critical global issues as tensions between the two c...

2026-05-14 09:29

Japan's Nidec suspected of over 1,000 cases of quality tamperingAsiaπŸ‡¬πŸ‡§πŸ‡¬πŸ‡ͺπŸ‡·πŸ‡Ί

Japan's Nidec suspected of over 1,000 cases of quality tampering

Japanese electronics giant Nidec is under investigation for suspected quality tampering at multiple plants. The company has reported that around 1,000 products are involved in the potential fraud, raising concerns about ...

2026-05-14 09:29

Australia takes aim at rising fuel prices with annual budgetAsiaπŸ‡¬πŸ‡§πŸ‡¬πŸ‡ͺπŸ‡·πŸ‡Ί

Australia takes aim at rising fuel prices with annual budget

Australia unveiled its fiscal year 2024-2025 budget, aiming to tackle the rise in fuel prices. The plan includes subsidies and incentives for consumers and increased investments in renewable energy sources. This move ref...

2026-05-14 09:29

Tokio Marine gets green light for talks to buy Malaysia's RHB InsuranceAsiaπŸ‡¬πŸ‡§πŸ‡¬πŸ‡ͺπŸ‡·πŸ‡Ί

Tokio Marine gets green light for talks to buy Malaysia's RHB Insurance

Tokio Marine Holdings, Japan's largest life insurer, is set to enter negotiations with RHB Insurance, Malaysia's leading insurance company. This acquisition could strengthen Tokio Marine's position in the Southeast Asian...

2026-05-14 09:29

Mazda cuts EV investment by 20% on slowing US demandAsiaπŸ‡¬πŸ‡§πŸ‡¬πŸ‡ͺπŸ‡·πŸ‡Ί

Mazda cuts EV investment by 20% on slowing US demand

Mazda announced a significant cut to its electric vehicle (EV) investments, citing slowing demand in the United States. This decision comes as automakers around the world grapple with declining EV sales and pressure from...

2026-05-14 09:29

The AI space race: US and China bet big on orbital data centersAsiaπŸ‡¬πŸ‡§πŸ‡¬πŸ‡ͺπŸ‡·πŸ‡Ί

The AI space race: US and China bet big on orbital data centers

Both the United States and China are investing heavily in orbital data center infrastructure to lead the global AI revolution. This competition has far-reaching implications for technology and national security....

2026-05-14 09:29

NYK Line plans to diversify oil tanker fleet outside MideastAsiaπŸ‡¬πŸ‡§πŸ‡¬πŸ‡ͺπŸ‡·πŸ‡Ί

NYK Line plans to diversify oil tanker fleet outside Mideast

Japanese shipping company NYK Line has announced its intention to expand its fleet of oil tankers, sourcing them from outside the Middle East. This move is seen as a strategic shift to reduce dependency on volatile oil p...

2026-05-14 09:27

US solar firms accuse China of tariff evasion through EthiopiaAsiaπŸ‡¬πŸ‡§πŸ‡¬πŸ‡ͺπŸ‡·πŸ‡Ί

US solar firms accuse China of tariff evasion through Ethiopia

American solar manufacturers have accused China of evading tariffs by exporting goods through Ethiopia. The allegations highlight the complex nature of global trade and the challenges faced by local industries in protect...

2026-05-14 09:27

NSK, NTN merge to become world's largest bearing playerAsiaπŸ‡¬πŸ‡§πŸ‡¬πŸ‡ͺπŸ‡·πŸ‡Ί

NSK, NTN merge to become world's largest bearing player

Japaneseθ½΄ζ‰ΏεˆΆι€ ε•† NSK and NTN have agreed to merge, forming a new entity that will be the world's leading player in the sector. This merger is expected to enhance the company's global competitiveness and market share....

2026-05-14 09:27

China ice cream maker Mixue expands with Snow King merchandiseAsiaπŸ‡¬πŸ‡§πŸ‡¬πŸ‡ͺπŸ‡·πŸ‡Ί

China ice cream maker Mixue expands with Snow King merchandise

Mixue, a prominent Chinese ice cream chain, has introduced Snow King branded products in an effort to tap into the growing popularity of international brands. This move aims to expand its market reach and appeal to young...

2026-05-14 09:27

Chinese rare-earth miners bullish ahead of Trump-Xi summitAsiaπŸ‡¬πŸ‡§πŸ‡¬πŸ‡ͺπŸ‡·πŸ‡Ί

Chinese rare-earth miners bullish ahead of Trump-Xi summit

China's rare-earth miners are optimistic about the upcoming Trump-Xi summit, viewing it as a chance to secure favorable terms and improve global market confidence....

2026-05-14 09:23

Trump and Xi need to master a new art of the dealAsiaπŸ‡¬πŸ‡§πŸ‡¬πŸ‡ͺπŸ‡·πŸ‡Ί

Trump and Xi need to master a new art of the deal

The upcoming Trump-Xi summit presents an opportunity for leaders from the United States and China to negotiate on various issues, ranging from trade tensions to regional security concerns....

2026-05-14 09:23

China loves food deliveries. Restaurants are starving as a resultAsiaπŸ‡¬πŸ‡§πŸ‡¬πŸ‡ͺπŸ‡·πŸ‡Ί

China loves food deliveries. Restaurants are starving as a result

The rise of food delivery services in China has led to a significant increase in the number of restaurants, but it is also causing some establishments to struggle. With many people ordering meals online and preferring co...

2026-05-14 09:23

Japan Inc., households step up overseas investment despite weak yenAsiaπŸ‡¬πŸ‡§πŸ‡¬πŸ‡ͺπŸ‡·πŸ‡Ί

Japan Inc., households step up overseas investment despite weak yen

In an effort to stimulate growth and diversify its economic base, Japanese corporations and households are increasing their investments abroad. This comes at a time when the weakening of the yen has made Japanese exports...

2026-05-14 09:23

China widens oil purchases to extend influence from US to IranAsiaπŸ‡¬πŸ‡§πŸ‡¬πŸ‡ͺπŸ‡·πŸ‡Ί

China widens oil purchases to extend influence from US to Iran

In a strategic move aimed at diversifying its energy sources and reducing reliance on the United States, China has broadened its oil purchases from various countries. This includes increased purchases from Russia and oth...

2026-05-14 09:23

China Inc.'s global growth curbs Trump tariff powers undercut by courtsAsiaπŸ‡¬πŸ‡§πŸ‡¬πŸ‡ͺπŸ‡·πŸ‡Ί

China Inc.'s global growth curbs Trump tariff powers undercut by courts

Despite President Donald Trump's tariffs on US goods, China Inc. continues to see robust growth abroad. Courts in several countries have upheld the legality of Chinese exports and intellectual property rights, effectivel...

2026-05-14 09:23