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Indonesia has banned Chinese online marketplace giant Temu to protect its micro, small and medium-sized enterprises from getting “destroyed” and prevent cheap products from flooding the country.
Former Abercrombie & Fitch CEO Mike Jeffries and his associate will plead not guilty Friday to federal criminal charges of sexually exploiting dozens of men, many of whom sought to be models for the clothing brand.
South Korea's SK Hynix, one of the world's largest memory chipmakers, on Thursday posted record quarterly profit, boosted by strong demand for its high bandwidth memory (HBM) used in generative AI.
LONDON — Microsoft will allow businesses to start making their own autonomous artificial intelligence agents starting next month, taking the fight back to Salesforce, which introduced its own configurable agentic AI tools in September.
Chinese companies venturing into Southeast Asia, one of the hottest destinations for overseas expansion, should refrain from flooding the market with homogeneous products and services that would lead to vicious competition, a senior Chinese bank executive has urged.
Authorities in Indonesia earlier this month implemented the ban to protect the country’s micro, small and medium-sized enterprises (MSMEs) and prevent cheap products from flooding the country.
Enterprise software giant ServiceNow and AI-focused startup CoreWeave announced plans to invest billions of dollars in the U.K., in a vote of confidence for Prime Minister Keir Starmer as he looks to attract foreign investment.
Slated to become the next leader of Macao, Sam Hou Fai wants to steer China's special administrative region further away from its heavy reliance on gaming and gambling.
The Singapore government has stepped in to stop a proposed acquisition worth S$2.2 billion (US$1.68 billion) by German insurance giant Allianz of the city state’s home-grown Income Insurance, following public outcry after the move was first announced in July.