Digital Wallets Beat Cards in Hong Kong Online Shopping
Mobile payments now lead the way in how people buy things online in Hong Kong, leaving old-style credit and debit cards behind as more people choose smartphones for purchases. This move follows a broader shift toward tap-and-go methods, spreading quickly through the city’s internet-driven spending habits. Now, topping up cards
China Moves Against Offshore Trusts to Tackle Wealthy Tax Evasion
Offshore money moves now face sharper scrutiny from Chinese regulators. Trusts once favoured by wealthy citizens are under a microscope. Information trickles in slowly, but officials want it all dividends here, capital gains there. Quiet requests arrive, asking for names, dates, and transaction trails. Numbers that stayed abroad may soon
Japan Cuts BYD Electric Car Incentives Below 1000 Dollars
Beyond budget shifts, Japan eyes steep cuts to EV aid for China’s BYD, sliding support under a thousand dollars each. This tilt may stretch differences in state backing, placing homegrown carmakers miles ahead of overseas rivals. Japan is cutting subsidies while reshaping how it supports electric vehicles, weighing things like
Japan Starts Releasing Oil Reserves Amid Iran War
Fuel prices began to steady when Japan tapped into stockpiled crude, responding to ripples from unrest near Iran. With tankers stuck or rerouted following chaos at the Strait of Hormuz, a chokepoint for oil, pressure built on supplies worldwide. That passage sees nearly a fifth of traded petroleum pass through
Not Registered on Network: Meaning and Workarounds
Mobile phones have become an essential part of our daily lives, so it can be frustrating when your device suddenly displays ‘Not Registered on Network’. Ever happened to you? If not, then it shouldn’t be. This prevents you from making calls, sending texts, or using mobile data, even when the
Gan Urges Firms to Expand Overseas
Gan Kim Yong has advised companies in Singapore to look beyond the domestic market to ensure the sustainability of their business, as the international environment is becoming more and more uncertain. While speaking to business leaders, Gan Kim Yong stated that the international environment has become more uncertain due to
Japan Wage Growth Holds Despite Oil Price Surge
Japan continues to experience wage increases in 2026 as farms raise wages to cover labor shortage and rising costs. However, the benefits of these increased wages are being tested by the rising energy costs due to the geopolitical conflicts in the Middle East. Japan’s major firms have agreed to raise
Iran Charges $2M for Strait of Hormuz Passage
Iran has charged as high as $2 million in fees for ships using the sea route known as “Transit Passage” through the Strait of Hormuz, which is considered one of the most important maritime shipping channels for oil in the world; however, in recent weeks, there has been increased geopolitical
Samsung Elec’s Intend to Supply Its HBM4 Chips to OpenAI
Samsung Electronics has decided to supply its next-generation high-bandwidth memory (HBM4) chips to OpenAI. These chips will be used in OpenAI’s first in-house artificial intelligence processor, according to The Korean Daily on Wednesday. Last year, Samsung signed an official letter of intent to supply memory chips for OpenAI’s data centre,
Micron Strong Revenue on AI Boom; Shares Drop On Spending Plan
Micron Technology forecasts strong third-quarter revenue above Wall Street’s market expectations, and this announcement comes after the company reported a big jump in their second-quarter performance. The reason for this growth is the rising demand for memory chips used in artificial intelligence (AI) systems. Even after a good performance, the
