Asia Business

Jaguar’s ambition to seduce younger, richer drivers was on full display in Paris with a presentation of its newest prototype, the Type 00, which promises all-electric luxury… at a steep price.The low-slung, muscular-looking concept car presented to European reporters on Friday prefigures a production model expected mid-2026 at a base cost of 150,000 euros ($160,000).That’s …

Jaguar looks to woo younger, richer drivers with $160,000 Type 00 Read More »

China said on Friday it welcomed a visit to Beijing by Republican US Senator Steve Daines, who has vowed to raise trade tensions and fentanyl smuggling with officials this week.Daines, a strong supporter of US President Donald Trump, has extensive business experience in China and Hong Kong.”China welcomes Senator Daines’s visit and it also welcomes …

China says it ‘welcomes’ visit by pro-Trump senator Read More »

A South Korean court on Friday ruled against popular K-pop girl group NewJeans, which had sought to sever ties with their label ADOR over what they called “mistreatment” by the company. The group made headlines in November by announcing their decision to leave ADOR, whose parent company HYBE is behind K-pop sensation BTS.The label later filed …

Court rules against K-pop group NewJeans in contract dispute Read More »

Growing up in North Korea, Hyuk’s childhood was about survival. He never listened to banned K-pop music but, after defecting to the South, he’s about to debut as an idol.Hyuk is one of two young North Koreans in a new K-pop band called 1Verse — the first time that performers originally from the nuclear-armed North …

Forbidden K-pop to centre stage: North Koreans set for music debut Read More »

Wall Street stocks slipped Thursday after the US Federal Reserve sought to calm fears over President Donald Trump’s tariffs, while eurozone equities slumped.Meanwhile, oil prices jumped and gold hit a new record high on continued geopolitical tensions — particularly concerning Gaza and Yemen — and fresh US sanctions on Iranian oil.All three major indices on …

Stocks fall, oil prices rise in choppy trade after Fed decision Read More »

Embattled Hong Kong conglomerate CK Hutchison Holdings, caught in a US-China spat over control of the Panama Canal, said on Thursday that profits fell 27 percent in 2024.CK Hutchison offloaded its global ports business outside China — including operations in the vital Central American canal — this month to a group led by giant asset …

Hong Kong’s embattled CK Hutchison says profits down in 2024 Read More »

Rafayel’s girlfriends went all out to celebrate their lover’s birthday, renting malls across China for parties, decorating high-speed trains with his photos, and even staging a dazzling drone show.But the birthday boy was absent from every event — he’s a virtual character in the romantic mobile game “Love and Deepspace” that has won over millions …

Young Chinese women find virtual love in ‘Deepspace’ Read More »

Most Asian equities rose Thursday after US Federal Reserve boss Jerome Powell suggested any increase in consumer prices caused by tariffs would likely be short-lived, even as the central bank slashed its growth outlook and hiked inflation expectations.Markets have been seized by volatility recently as US President Donald Trump embarks on his hardball trade policy …

Most Asian markets track Wall St rally after Fed rate signals Read More »

To sow or not to sow? Canola farmers in Canada’s vast western Prairies region have found themselves in the crossfire of trade wars with both the United States and China.”We have two economic superpowers of the world having a trade war with us at the same time,” Rick White, head of the Canadian Canola Growers …

Canada canola farmers squeezed by trade wars on two fronts Read More »

Nvidia boss Jensen Huang expressed confidence Wednesday that the artificial intelligence (AI) chip giant can handle US President Donald Trump’s trade war.”We have a really agile network of suppliers; they are not just in Taiwan or Mexico or Vietnam,” Huang said while meeting with journalists at Nvidia’s annual developers conference in San Jose, California.”If we …

Nvidia chief confident chip maker can weather US tariffs Read More »