Asian Automobile Industry Struggles Under Trump Regime
Shares of Japanese automakers and South Korean battery manufacturers fell on 21-01-2025 following U.S. President Donald Trump’s statement that he could soon impose a 25% tariff on Canada and Mexico, along with his decision to revoke the previous administration’s executive order on electric vehicles. However, Chinese manufacturers saw a different
AI in Banking: Reshaping Finance Services in Asia
Artificial Intelligence, or AI, came into existence in 1956 and has entered every industry to revolutionise it. AI probably affected Asia’s banking sector more than any other industry. The Asian Banking & Finance site shares that 80% of Asian banks currently use Gen AI. With the rise of AI in
Bank of Japan Set to Create New Record with Rate Hike
In recent events, Reuters mentioned that the Bank of Japan (BOJ) is expected to increase interest rates to record-high levels in the last 17 years when US President-elect Donal Trump takes office. This move will lift the borrowing cost in Japan to record high levels since the 2008 financial crisis.
5 Popular Tech Books To Learn About The Digital Era
Over the years, technology has greatly transformed everything from businesses to regular lifestyles. Reading tech books can help you understand the transformation technology has brought with it. These books are crucial, especially for businesspeople, because they can gain valuable insights about the current tech trends. We have listed 5 best
Sri Lanka And China Signs $3.7 Bn Oil Deal
In the landmark move to enhance Sri Lanka’s energy sector, the island nation has signed a significant deal of $3.7 billion with the leading Chinese oil giant. The agreement marks a major step in Sri Lanka’s efforts to expand its oil refinery capacity and infrastructure. With this partnership, Sri Lanka
Singapore’s Bunker Hub Hits Unprecedented Highs
According to official data released on Wednesday, marine fuel sales in Singapore, the world’s largest bunker hub, hit new peaks in 2024. The surge was fueled by record container throughput and increased deliveries of alternative marine fuels. Sales reached 54.92 million metric tons, surpassing the previous record of 51.82 million
China’s New Move to Sideline India’s Apple Boom
As the Make in India campaign strides in the Global landscape, China faces the burn of growth. According to the Economic Times, China appears to be attempting to hinder the growth of a key milestone in India’s domestic manufacturing journey: Apple production. As India’s electronics manufacturing sector has only recently
China’s Auto Industry Hits 31 Million Sales in 2024!
According to the Global Times, China’s auto production and sales witnessed a sharp growth in the auto industry. The news agency further mentioned that, in 2024, China produced 31.28 million vehicles and sold 31.44 million, marking year-on-year increases of 3.7% and 4.5%, respectively. These figures set new records and exceeded
Maha Kumbh 2025 Begins: India To Welcome The World
India is set to host the world’s largest gathering – Maha Kumbh Mela – a Hindu sacred event held once in 12 years. A six-week Maha Kumbh Mela will start on January 13 and continue until February 25. This world’s largest event expects more than 400 million people to reach
Asia’s Gig Economy: Deep Dive into Game-Changing Trends
The gig economy in Asia is no longer a side hustle for the residents. The elegance of autonomy and flexibility has overshadowed the security of 9-5 work. According to Visa.com, in their survey, 67% of the Gen Z respondents reported they worked in some kind of Gig work; a similar
