Taiwan in focus amid Japan PM comments and US weapons sale
The US approved a $330 million sale of fighter jets and aircraft parts to Taiwan, marking a notable shift under the Trump administration, which had previously expanded military ties with Taiwan. The US response was praised by Taiwan but condemned by China, which claimed it undermined its sovereignty and security
Samsung Creates M&A Team Focused on AI and Mobility
Samsung Electronics Chairman Lee Jae-yong is finalizing major management moves. The company has established a new M&A team within the Business Support Office, led by President Ahn Jung-hyun, who is known for the 2017 Harman acquisition, valued at approximately 9 trillion won. Following several large Mergers and Acquisitions this year,
AI Chip Demand Fuels Taiwan’s Strong 6% GDP Growth Outlook
Taiwan’s economy is projected to approach a growth rate of nearly 6% this year, based on the unexpectedly strong performance observed in the third quarter. This positive momentum is attributed to the nation’s benefits from the burgeoning artificial intelligence (AI) sector. The export-driven economy of Taiwan has absorbed substantial demand
China Links US to $13 Billion Bitcoin Theft from LuBian
China’s cybersecurity authorities have accused the US of being responsible for the theft of approximately $13 billion worth of Bitcoin. The theft occurred in December 2020 when hackers targeted the LuBian Bitcoin mining pool, resulting in the loss of 127,272 Bitcoin tokens, one of the largest crypto heists in history,
Yen Hits Nine-Month Low as U.S. Shutdown Nears End
On Tuesday, the yen dropped to its lowest level since February, while riskier currencies strengthened against the dollar, as traders anticipated the U.S. government shutdown would soon come to an end. The euro remained steady at $1.1555, and sterling gradually rose to $1.3165. Late Monday, the U.S. Senate approved a
Former South Korean President Yoon Charged in Treason Case
South Korea’s special prosecutor recently indicted former President Yoon Suk Yeol on additional charges, including abuse of power and aiding an enemy state, related to his brief attempt to impose martial law last year. An official disclosed that Yoon tried to provoke a military conflict between South and North Korea
China Export Decline Deepens as Tariff Pressures Mount
China’s exports declined unexpectedly in October, marking the worst performance since February. Outbound shipments fell by 1.1%, reversing from an 8.3% increase in September, and missing the forecasted 3.0% growth. This decline was partly due to a high base last year when exports surged in anticipation of President Trump’s tariffs
Xpeng to Launch Robotaxis and Humanoids with AI Chips
Chinese electric vehicle manufacturer Xpeng has announced plans to launch robotaxis in 2024, marking a notable shift from its previous stance that questioned the viability of such a business in the near future. During its “AI Day,” Xpeng revealed that it will introduce three autonomous taxi models equipped with four
China Services Activity Hits 3-Month Low in October
According to a private survey released on Wednesday, Chinese service activity appears to slow down over the next three months, as a decline in overseas orders is offset by improved domestic demand. Recent data shows a slowdown in growth. The RatingDog China General Services PMI, compiled by S&P Global, decreased
Mursosan Wiguna – Best HR Leaders from Asia 2025
“We just want to be seen,” a frontliner once told Mursosan Wiguna during an early visit to a remote branch.
