Korean chips act aims to extend tax cuts for local chipmakers
With the latest amendment, conglomerates and companies could receive a tax cut of 25 per cent at maximum.
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Alibaba announces historic restructuring
The business will split into six main units managed by its own chief executive, the biggest restructuring in the company's 24 year history.
Japanese bidet toilet makers targeting overseas markets
By leveraging their technological advantages, Japanese makers are aiming to establish their status as high-quality brands and stimulate demand in Europe, the United States and…
Montenegro charges crypto fugitive Do Kwon with forgery
The Terraform founder is accused of fraud over his company’s dramatic collapse last year, which wiped out about US$40 billion of investors’ money and shook global crypto…
Co-founder of Singapore-based crypto firm behind Terra/Luna collapse arrested in Montenegro
Do Kwon, a South Korean national, faces eight counts, including wire fraud, commodities fraud, securities fraud, and conspiracy to defraud and engage in market manipulation.
China unveils first self-developed flight simulator
The flight simulator has become the first self-developed flight simulator that has cleared the highest certification standard of the Civil Aviation Administration of China.
Wall St ends sharply lower as Powell warns inflation fight continues
According to the Fed’s statement, some additional tightening might be possible but suggested it was on the verge of pausing future hikes in view of recent turmoil in the…
Credit Suisse staff from Singapore to London flood headhunters with calls
The flurry of calls highlights the heightened anxiety of Credit Suisse’s employees amid a takeover that has been described by UBS chairman Colm Kelleher as an emergency rescue.
Malaysia turns to smart farming to boost food security
The country hopes to ramp up domestic production and reduce import dependency using technologies such as the Internet of Things (IoT) and precision farming.
Biden Administration Wants TikTok’s Chinese Owners to Divest
The move is an escalation of America's efforts to address national security concerns about the company’s Beijing-headquartered owner ByteDance.