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As Micron president visits China, chip maker stays silent in US-China balancing act
US chip maker Micron Technology, which Beijing targeted last year with a partial sales ban, has stayed tight-lipped about the company president’s visit to China, [more]
China’s crippling local government debt is getting worse: S&P Global Ratings
China’s rescue plan to resolve its local government debt crisis has thus far provided only temporary fixes, with default risks remaining significant and the debt [more]
Petronas, Enilive and Euglena to jointly develop biorefinery in Malaysia
The new venture will solidify state energy company Petronas's standing in the biofuels value chain beyond trading and offer sustainable solutions to reduce carbon emissions. [more]
Spot work startup Timee’s shares soar 30% in Tokyo debut
Shares in startup Timee, which operates a platform connecting workers seeking side gigs with labour-strapped businesses, rose roughly 30% on Friday in their Tokyo stock [more]
SBI Holdings and Franklin Templeton to start digital asset management JV in Japan
Franklin Templeton logo is displayed on a company arranged shootout. Photo: Franklin TempletonJapanese internet finance group SBI Holdings and global asset manager Franklin Templeton have [more]
French high-speed rail lines sabotaged hours before Olympics open
PARIS (AP) -- France's high-speed rail network was hit Friday with widespread and "criminal" acts of vandalism including arson attacks, paralyzing travel to Paris from [more]
Hong Kong’s Insurance Authority appoints managers to take control of Tahoe Life
Hong Kong’s Insurance Authority has for the first time taken over control of a distressed life insurance company based in the city.The regulator said in [more]
Shanghai seeks AI, humanoid robotics, low-altitude economy upgrade by 2027
China’s economic powerhouse of Shanghai would focus on artificial intelligence (AI), humanoid robotics and the low-altitude economy in efforts to upgrade services for its industrial [more]
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Apple falls out of top 5 in China smartphone market in Q2
TAIPEI -- Chinese smartphone makers including Vivo and Huawei edged Apple out of the top five brands by market share in Asia's largest economy in [more]
Indonesia launches ‘Golden Visa’ programme to lure foreign investors
Indonesia launched a long-term visa scheme on Thursday intended to attract foreign investors, President Joko Widodo said, with amounts of up to $10 million giving [more]
Opinion | How America’s national debt has become the world’s liability
To paraphrase prose written by American poet Carl Sandburg, money is power, freedom, a cushion and the root of all evil. Since the pseudonymous Satoshi [more]
Hong Kong exports up 10.7% in June
Photo by Harry Shum via PexelsImports also rose by 9% to $429.2b.Hong Kong’s total export value reached $373.5b in June, a 10.7% increase compared to [more]
Blue to partner with over 100 brokers in 2 years with new channel
/Blue Hong KongThe first product available is the 25-year participating life insurance plan.Blue, a Hong Kong digital life insurer, has launched an insurance broker channel. [more]
Blue to partner with over 100 brokers in 2 years through new channel
/Blue Hong KongThe first product available is the 25-year participating life insurance plan.Blue, a Hong Kong digital life insurer, has launched an insurance broker channel. [more]
9 in 10 CEOs embrace hybrid working: survey
Photo from Pexels by Liza Summer.Almost 8 in 10 noted improved employee engagement thanks to hybrid working.Nine out of 10 CEOs have adopted hybrid working, [more]
Apple falls: iPhone maker out of China’s top 5 as Huawei ascends
Apple has fallen out of the top 5 ranking of smartphone vendors in China, according to data trackers, marking the first time in years the [more]
Toyota to set up EV battery plant on Japan’s ‘Silicon Island’
NAGOYA, Japan -- Toyota Motor will build a battery plant for electric vehicles in Kyushu, the southernmost of Japan's four main islands, Nikkei has learned. [more]
E-commerce platform East Buy’s top influencer quits, takes namesake venture for free
High-profile Chinese influencer Dong Yuhui has left East Buy, the e-commerce unit of private tutoring giant New Oriental, due to his “career aspirations, commitment to [more]
Alibaba puts Olympics on the cloud, adding AI services while taking over for satellite
Alibaba Group Holding’s cloud computing unit is offering an artificial intelligence (AI)-infused platform to support the broadcasting of the 2024 Summer Olympics in Paris, taking [more]
HK-listed real estate manager ESR completes acquisition of LOGOS
Hong Kong-listed real estate group ESR announced that it is acquiring the remaining 13.6% interest in LOGOS, one of the region’s top logistics property groups, [more]
Indosat’s potential sale of submarine cable and fibre assets may attract local bidders
Photo: BloombergIndonesia’s second-largest telcom company PT Indosat Ooredoo Hutchison Tbk is looking to sell its fibre and submarine cable assets to become more asset-light, DealStreetAsia [more]
Naver-backed Planetarium Labs’s losses widened 2.6x in 2023 despite higher revenue
Photo by Sean Do on Unsplash.Planetarium Labs, a Singapore-incorporated open-source gaming platform, saw its losses swell 2.6x year on year even as its revenue increased [more]
L Catterton’s Asia chairman Chinta Bhagat steps down from role
Bhagat's departure is the latest in a series of changes at L Catterton’s South and SE Asia offices in the last 18 months. Read More
Second-hand goods sellers might use coded words for sex services
Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. Individuals may be [more]