Tesla’s EV Production Frontier in China for 2025
Tesla, a leading manufacturer of electric cars, is all set to launch 6-seat variants of its model Y with scaling production by 2025 in China. As the US automakers strive to increase their appeal for the best-selling electric vehicles, Tesla plans to direct suppliers to enhance production for the Shanghai
Asia Markets Plunge to 6-Month Low Due to China Slowdown
China’s economy is struggling due to slow economic growth, impacting the manufacturing and real estate sectors. Asian market indexes like the Nikkei 225 Index of Tokyo fell to -0.16%, while Hong Kong’s HSI index slid down by -1.77%. The benchmarks of Australia and China slipped, while for South Korea, they
What And How To Do Market Research For Startups?
You have a brilliant startup idea. It could be about an e-commerce platform like Alibaba or a fintech product like BharatPe from India. Your excitement is real, with your entrepreneurial spirit soaring, and you are all set to give your business dream wings. But hold on, have you done market
Singapore Airlines Cleared for Vistara-Air India Merger
Recently, Singapore Airlines received approval from the Indian government for foreign direct investment (FDI) in the Air India- Vistara merger. As part of a strategic collaboration, Vistara and its 49%- -%—owned joint venture with Tata were acquired by Air India. The merger will be completed by the end of 2024.
Indian Firm Eros Ready to Setup Malaysia’s First AI Park
India-based Eros investment group is set to invest $1 billion to establish Malaysia’s first AI park and movie studio, announced Gobind Singh Deo, Malaysia’s digital minister. The decision was followed by a series of meetings held with business leaders at a conference in New Delhi, where he met Ali Hussein,
Toyota & BMW Collaborate for Cell Vehicle Manufacturing
The two biggest automakers – BMW and Toyota- are poised to strengthen their relationship in fueling cell manufacturing and development. As per the latest reports, these auto giants are expected to sign a Memorandum of Understanding (MoU) to upgrade their partnership with a formal announcement on 5 September 2024. With
10 Largest Banks in Asia By Value, Total Assets & Market Cap
The banking industry has a diverse, influential global presence, with top institutions holding trillions of dollars in asset valuations. As the ever-evolving finance landscape of the Asia-Pacific region, lenders often look out for trusted and recognised banks to keep their money secure and meet the expectations of diverse global market
Driving Up Costs: Canada Imposes 100% Tariffs on Chinese EVs
Canada is following in the footsteps of the United States and the European Union in imposing 100% tariffs on the import of Chinese electric vehicles. The nation has also announced a 25% tariff on imported steel and aluminium from China. This duty applies to all EVs (Electrical Vehicles) shipped from
Investors Turning to ASEAN Market Amid Easing Inflation
As the market expectations of interest rate cuts by the Federal Reserve are growing, investors are now looking forward to high-growth investing opportunities in the ASEAN market. It will derive more benefits for the market positioning to benefit from tamed inflation. Since the middle of August month, the Southeast Asian
Sri Lanka Extends Free Tourist Visas to 35 Nations
In an attempt to boost its tourism sector, Sri Lanka has approved free tourist visas for visitors from 35 nations. According to the policy, tourists from India, China, the UK, Germany, Netherlands, Belgium, Spain, Australia, Denmark, Poland, Kazakhstan, Saudi Arabia, UAE, Nepal, Indonesia, Russia, Thailand, Malaysia, Japan, France and more
