Growth in global oil demand is set to slow significantly by 2028
In particular, the use of oil for transport fuels is set to go into decline after 2026 as the expansion of electric vehicles, the growth of biofuels and improving fuel economy…
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Hong Kong trade council cuts export forecast amid global headwinds
The downgrade followed its flagship export index, released on the same day, showing that Hong Kong exporters have regained some business confidence.
K-beauty’s US gambit pays off amid sagging China sales
K-beauty’s brisk growth in the US comes as the increased popularity of K-pop and K-content is driving up the demand for Korean commodities overall.
Japan expands scope of Category II residence status amidst labour shortage
The addition is based on the demands of various industries that are facing severe labour shortages due to an aging society and declining birthrate.
President Yoon declares ‘all-out war’ on chips to support chip industry
Seoul is home to the world’s largest and second-largest chipmakers, as well as global battery companies that supply automakers such as Tesla and General Motors.
Indonesia set to become EV battery battleground
The competition is between the longer-range nickel-based battery and the cheaper, iron-based battery.
China leads US, Japan in brain-computer technology
According to an industry report, applications for patents in the segment in China soared to 35 per cent of the global total in recent years, followed by 30 per cent from the US…
1 million Chinese tourists visited Thailand from January to mid-May
The government expects the number of Chinese visitors to meet its target of 5 million this year, with spending of 446 billion baht.
Flying cars or pie in the sky: Nusantara smart city dreams called ‘too ambitious’
The money to build it all is nowhere to be seen, especially with the city scheduled to be inaugurated next year, notwithstanding the availability of most of the required…
China’s first home-grown passenger jet, C919, marks first commercial flight
Wu Guanghui, head designer of the C919 and chief scientist at Commercial Aircraft Corp of China, said the commercial flight was the fulfillment of a dream.