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MELBOURNE, Australia (AP) — Tonga’s prime minister said on Thursday he is open to Beijing’s offer of security support when the South Pacific kingdom hosts a major regional leaders’ summit, raising concerns in the United States as it strives to counter China’s growing influence.
SHANGHAI -- U.S. Treasury Secretary Janet Yellen arrived in Guangzhou on Thursday, on a mission to stabilize ties with China while pressing officials on industrial overcapacity that looms over the global economy.
HANOI (Reuters) -- Vietnam's trade ministry said on Thursday that automaker Chery had signed a joint venture agreement with a local company to set up an $800 million plant, becoming the first Chinese electric vehicle maker to set up a facility in Vietnam.
SK Hynix, one of the world's largest memory chipmakers, said it would invest $3.87 billion in its first chip packaging facility in the U.S., marking another victory for the Biden administration's efforts to onshore chip production.
When Singaporean entrepreneur Douglas Gan launched his dating-focused mobile platform YouApp in 2023, there was little to differentiate it from established players like Tinder and Bumble – then a major revamp changed everything.
Malaysia is emerging as a hotspot for semiconductor factories as U.S.-China tensions prompt companies to diversify operations.
HANOI -- From Samsung Electronics to LG, South Korean companies have long led foreign direct investment in Vietnam, making the Southeast Asian country a critical manufacturing hub in global supply chains. But they are now being pushed back by Chinese peers, according to the representative of the Korea Chamber of Commerce and Industry (KCCI) in the country.
KUALA LUMPUR/JAKARTA -- Prabowo Subianto, Indonesia's president-elect and defense minister, met Malaysian Prime Minister Anwar Ibrahim on Thursday in Putrajaya, his first stop in Southeast Asia since winning the presidential election in February.