Hyundai Boosts US Investment to $26 Billion After Lee Visit
Hyundai Motor Group announced on August 26, 2025, an increase in its US investment to $26 billion through 2028, up $5 billion from the $21 billion pledged in March. The investment, aimed at expanding auto, steel, and robotics production, underscores deepening economic ties between South Korea and the US. It
China’s Mega Dam Raises Concerns about Water Conflict with India
India fears the Chinese mega-dam in Tibet could reduce water flows on a major river by up to 85% during the dry season, according to sources and a government analysis seen by Reuters. This has prompted India to fast-track its own dam projects to mitigate potential effects. Since the early
Asia’s 10 Best Business Magazines for Insight & Growth
Running a business in Asia today feels like navigating a whirlwind. Between keeping up with fast-moving financial trends, tackling disruptive tech, and making sense of ever-changing regulations, it’s tough for executives, entrepreneurs, and professionals to stay ahead. That’s where Best business magazine in Asia comes in, offering a lifeline to
Ex-President Yoon’s Wife Joins Him in Jail After Corruption Charges
Kim Keon Hee, South Korea’s former first lady, was taken into custody on Tuesday night after a court approved her arrest over alleged corruption, a charge she disputes. The move marks a pivotal moment in an expanding special investigation. Kim Keon Hee is now the first former first lady in
Japan Wins $6.5B Warship Contract with Australia
Japan finalized a groundbreaking A$10 billion ($6.5 billion) contract to build warships for Australia on Tuesday, representing its largest defense export since ending its military export restrictions in 2014. The agreement highlights Tokyo’s move away from postwar pacifism toward countering China’s expanding influence. As part of the agreement, Mitsubishi Heavy
Trump Objects Central Asia for Abraham Accords Expansion Push
Trump advisors are exploring an extension of the Abraham Accords to include Azerbaijan and key Central Asian nations in an effort to strengthen Israel’s regional alliances and broaden U.S. influence. Given their existing diplomatic links with Israel, Azerbaijan and Central Asia’s inclusion in the Abraham Accords would be mostly formal,
China Begins Building the World’s Largest Hydropower Dam in Tibet
China’s Premier Li Qiang announced the commencement of construction on what will be the world’s largest hydropower dam. The project, situated on the eastern edge of the Tibetan plateau, is estimated to cost approximately $170 billion, according to Xinhua news agency. The dam, comprising five cascade hydropower stations, will be
Malaysia Mandates Trade Permit for Import of U.S.-Origin AI Chips
Malaysia’s Ministry of Investment, Trade and Industry announced on Monday that, effective immediately, the export, transhipment, and transit of high-performance artificial intelligence (AI) chips originating from the United States will require prior approval through a trade permit. Anyone exporting, transhipping, or bringing such items into transit that are not explicitly
South Korea’s Ex-Leader Yoon Returns to Jail as the Martial Law Investigation Speeds Up
Former South Korean President Yoon Suk Yeol was detained again on Thursday, placed in a solitary cell with basic food, after prosecutors secured a new detention warrant related to his attempted martial law last year. The Seoul Central District Court approved the warrant, citing concerns that Yoon might destroy evidence.
Adani Refutes Bribery Claims, Eyes Green Energy Boom
Gautam Adani, the Indian billionaire, addressed shareholders this week, again denying any wrongdoing in the face of U.S. bribery allegations. At the Adani Group‘s meeting, Gautam Adani said that no one from the company has been charged under U.S. law. Foreign Corrupt Practices Act (FCPA), following a 2024 indictment involving
