LG: New Manufacturing Hub to be built in India
SRI CITY, INDIA — LG Electronics India Ltd. (LGEIL), a subsidiary of South Korea’s LG Electronics, has officially begun construction on its new state-of-the-art manufacturing facility in Sri City, Andhra Pradesh. The strategic investment underscores LG’s growing commitment to India … Continue reading LG: New Manufacturing Hub to be built in India
Younger people set the pace in the Chinese travel market
BERLIN/SHANGHAI – The Chinese edition of ITB Berlin, ITB China – the country’s leading B2B travel trade show from May 27 to 29, 2025, in Shanghai – offers exclusive insights into the dynamic development of China’s travel and outbound market. … Continue reading Younger people set the pace in the Chinese travel market
Earthquake in Sumatra Shakes Penang: No Tsunami
PENANG – A moderate 5.9-magnitude earthquake struck northern Sumatra on Sunday afternoon, with tremors felt across parts of the Malaysian island of Penang. The quake occurred at 4:57 PM local time at a depth of 74 kilometers, with the epicenter … Continue reading Earthquake in Sumatra Shakes Penang: No Tsunami
Geneva: Breakthrough Hopes Rise as Tariff Talks Resume
GENEVA – For the first time in years, high-level delegations from the United States and China sat down in Geneva this weekend, aiming to de-escalate the prolonged trade war that has rattled global markets. Led by US Treasury Secretary Scott … Continue reading Geneva: Breakthrough Hopes Rise as Tariff Talks Resume
Apple Shifts iPhone Production to India, Vietnam
Cupertino/New Delhi/Hanoi — Apple is accelerating the transformation of its global supply chain: The US tech giant will soon manufacture most iPhones sold in the United States in India, while iPads, Macs, Apple Watches, and AirPods will largely come from … Continue reading Apple Shifts iPhone Production to India, Vietnam
New APAC Coalition to Boost Ocean Start-Ups
SINGAPORE — A powerful regional coalition was officially launched yesterday in Singapore to bolster ocean-impact start-ups across the Asia-Pacific, signaling a new era of sustainable innovation in one of the world’s richest marine ecosystems. The 1,000 Ocean Startups APAC Coalition—a … Continue reading New APAC Coalition to Boost Ocean Start-Ups
US and China Launch High-Stakes Trade Talks
GENEVA — The United States and China have officially initiated their first high-level trade talks in over two years, aiming to ease tensions that have rattled global markets. US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are … Continue reading US and China Launch High-Stakes Trade Talks
China and EU Signal Thaw as Xi Urges Closer Ties
BEIJING — Marking 50 years of diplomatic relations, Chinese President Xi Jinping called on the European Union to deepen mutual openness and resolve differences “properly,” signaling a renewed push to strengthen ties with Europe as global trade frictions escalate. His … Continue reading China and EU Signal Thaw as Xi Urges Closer Ties
Malaysia Tightens Export Rules Amid U.S. Crackdown
KUALA LUMPUR — In a decisive move to safeguard its trade reputation, Malaysia has imposed stricter export documentation rules aimed at curbing the trans-shipment of goods that originate outside its borders. The crackdown comes as U.S. authorities escalate their scrutiny … Continue reading Malaysia Tightens Export Rules Amid U.S. Crackdown
Singapore’s Ruling PAP Party Secures Stronger Mandate
SINGAPORE — In the 2025 general election held on May 3, Singapore’s ruling People’s Action Party (PAP) achieved a decisive victory, securing 87 out of 97 parliamentary seats. This marks the PAP’s 14th consecutive win since the nation’s independence in … Continue reading Singapore’s Ruling PAP Party Secures Stronger Mandate