Japan’s Rapidus Corp. receives $3.9 billion boost to semiconductor ambitions
In a move to enhance its semiconductor manufacturing capabilities, Japan has allocated a staggering ¥590 billion ($3.9 billion) in subsidies to chip venture Rapidus Corp. [more…]
Water crisis in Bengaluru sparks concerns of urban flight and economic impact
In the midst of India’s bustling tech hub, Bengaluru, a quiet crisis is unfolding. As the city battles an escalating drought, tech professionals are fleeing, [more…]
RHI Magnesita to acquire Resco Group, expanding U.S. market reach
In a expanding move to strengthen its position in the alumina-based refractories market, Vienna-based RHI Magnesita has unveiled plans to acquire Resco Group, a U.S.-based [more…]
Indian nationals rescued from cyber scam captivity in Cambodia
In a recent turn of events that sounds like a plot straight out of a cyber thriller, the Indian government has successfully rescued and repatriated [more…]
Singapore’s fight against financial crime gets a boost with COSMIC
Singapore’s financial sector is stepping up its game in the fight against financial crime with the launch of a groundbreaking initiative. The Monetary Authority of [more…]
Thailand’s economic growth forecast downgraded
Thailand’s economic growth is facing a challenging road ahead, with the World Bank revising its growth outlook for the country. The latest projections suggest a [more…]
Japanese whisky is taking a stand by defining new rules that govern the spirit
Japanese whisky, renowned worldwide for its exquisite taste and quality, is set to undergo a transformation starting Monday. The industry is implementing stricter definitions to [more…]
China’s top EV makers see surge in March deliveries despite intensifying competition
China’s electric vehicle (EV) market is charging ahead, with Li Auto, Nio, and Xpeng leading the pack. In March, these top three premium EV manufacturers [more…]
AT&T investigates data breach impacting millions of customers
In a stark reminder of the digital age’s vulnerabilities, AT&T announced Saturday that it is investigating a recent incident that led to millions of customers’ [more…]
Chinese collectors drive surge in art market growth with increasing sophistication
In 2023, China cemented its position as the world’s second-largest art market, sparking a surge in demand for art advisory services from banks, according to [more…]