Ant Group’s Alipay+ set for major global expansion
Ant Group, the Chinese financial technology giant, is gearing up for a substantial expansion of its cross-border mobile payment service Alipay+. The company’s international arm, [more…]
Author: A.R.
China’s C929 widebody aircraft moves to critical development stage, a major leap in aviation ambitions
China’s ambitious foray into the aviation industry has reached a pivotal stage with the development of its home-grown C929 widebody passenger jet, as announced by [more…]
Lucid Motors secures $1 billion investment from Saudi Arabia’s PIF
Lucid Motors, the luxury electric vehicle manufacturer, is once again teaming up with its major investor, Saudi Arabia, in a move aimed at tackling the [more…]
Finland and Sweden call for stronger EU sanctions against Russia and Belarus
In a joint news conference, Swedish Foreign Minister Tobias Billstrom and Finnish counterpart Elina Valtonen made a bold statement, urging the European Union to escalate [more…]
Alibaba abandons Cainiao IPO plans, offers $3.75 billion to buy remaining stake
Alibaba Group, in a surprising move, has decided to shelve the initial public offering (IPO) plans for its logistics arm, Cainiao, and instead is offering [more…]
Genesis debuts Neolun and GV60 Magma concepts, pioneering the future of luxury mobility
Genesis, a luxury brand under the Hyundai Motor Group, recently unveiled two striking concept vehicles, showcasing the brand’s innovative approach to design and performance. The [more…]
Korea’s major financial groups lead in specialized services to growing foreign residents
Banks in Korea are stepping up their game to cater to the growing foreign population, recognizing the importance of offering tailored services to this demographic. [more…]
Singapore’s factory output surges in February, defying expectations
Singapore’s factory output displayed resilience in February, defying expectations and expanding by 3.8 per cent year on year. This surpassed analysts’ forecasts, which had predicted [more…]
Controversy arises as Denmark misclassifies Taiwanese residents as Chinese on ID cards
In a bizarre misstep, Denmark has reportedly been changing the nationality of some Taiwanese residents to “Chinese” on their residence ID cards. The issue came [more…]
Visa and Mastercard agree to historic settlement, lowering credit card fees for U.S. merchants
In a surprising move, Visa and Mastercard have settled a two-decade-long legal battle by agreeing to lower credit card fees paid by merchants. The decision, [more…]