Vietnam’s Growth Under Threat as Trump Imposes Heavy Tariffs
Vietnam, long hailed as a manufacturing powerhouse and global export hub, is facing a serious economic setback after the U.S. President Donald Trump slapped a steep 46% import duty on Vietnamese goods—one of the highest among 180 nations affected. The new tariffs threaten to derail the country’s ambitious 2025 GDP
Toyota Ramps Up EV Game with 15 Models by 2027, Eyes 1M Units
In a quiet yet ambitious push towards the electric future, Toyota is reportedly gearing up to roll out around 15 electric vehicle (EV) models by 2027, with plans to ramp up production to 1 million units per year, according to a Nikkei report. While Toyota hasn’t officially confirmed the figures—opting
BYD Gears Up for Korean Market with 30 Sales Outlets
BYD Co. is planning to expand its sales network in South Korea, a market currently dominated by local automotive giants Hyundai Motor Co. and Kia Corp., as part of its strategy to boost deliveries beyond its home base in China. “We aim to increase our sales network to 30 outlets
Han Jong-hee, Samsung’s Co-CEO, Dies of Cardiac Arrest
South Korean tech giant Samsung is grappling with the sudden loss of its CEO, Han Jong-hee, who passed away at the age of 60 due to cardiac arrest. Han, who had been a pivotal figure in the company’s leadership team, died unexpectedly, leaving a void in Samsung that will be
Segway Recalls 220,000 Electric Scooters Over Folding Defect
Segway, the Chinese-owned company once known as an American innovator in personal transportation, has announced a major recall affecting around 220,000 units of its popular Ninebot Max G30P and Max G30LP scooters. The reason? A potentially dangerous flaw in the folding mechanism. According to the U.S. Consumer Product Safety Commission
Japan’s Q4 GDP Slips: Was It The US Tariffs To Blame?
Japan’s economy expanded at a slower pace than reported in Q4 (October-December). The degradation was mainly caused by weaker consumption. GDP (Gross Domestic Product) expanded by 2.2% in the fourth quarter; however, economists forecasted 2.8% growth. At the same time, government officials and analysts shared their concerns about U.S. President
$53 Billion for Gaza: Arab Leaders Chart a New Course
In the latest turn of events, the Arab leaders proposed a $53 billion Egypt plan to counter Donald Trump’s idea of taking over Gaza and moving out 2 million Palestinians at an emergency summit in the Egyptian Capital Cairo. According to BBC, the secretary general of the Arab League, Ahmed
South Korea Set to Unveil Its First Alternative Exchange
NEXT, Korea’s first alternative trading system (ATS), is set to launch on March 4th, 2025. The market will operate for 12 hours daily, enabling stock trading during commuting hours. Additionally, the introduction of new pricing mechanisms will support diverse investment strategies. Starting with 10 listed stocks, the number of tradable
SoftBank’s Mega $16 Billion Funding Plan To Expand In AI
In the latest turn of events, the CEO of Softbank, Masayoshi Son, is in talks to borrow $16 billion to expand its operations in the AI segment. Moreover, as per the information tech news, the bank might borrow another $8 billion at the beginning of 2026. Reuters also reported that
Asian Cryptocurrencies Landscape: The Best Out of the Bunch
Imagine a digital marketplace full of innovation, where virtual currencies redefine the boundaries of finance and technology. Asia stands at the forefront of this revolution, crafting cryptocurrencies that command significant market capitalisations and promise transformative potential. Let’s delve into the top Asian cryptocurrencies as of February 21, 2025, exploring their
