FILE: A woman in kimono, walks past a shop in a shopping district in Tokyo · Reuters

Japan’s Retailers Face Pressure as Wage Hikes Continue Amid Shrinking Workforce and Inflation

In Japan’s traditionally conservative retail sector, employers are offering substantial pay increases for a second consecutive year. This trend, driven by a combination of economic pressures and demographic challenges, is reshaping the labor landscape, with profound implications for businesses, workers,...
Tata Technologies

Tata Technologies Exceeds Q3 Profit Expectations Amid Growing Demand in Services and Technology Segments

Tata Technologies, a global leader in engineering and technology services, posted a stronger-than-expected profit for the third quarter of the fiscal year, driven by steady growth in its services and technology segments. The company, which primarily serves the automotive, aerospace,...
US President Donald Trump -TikTok logo

President Trump Pauses TikTok Ban in One of His First Acts in Office

In a surprising move that marked a sharp departure from the previous administration's stance, newly inaugurated President Donald Trump issued an executive order delaying the enforcement of a controversial law that would effectively ban the popular social media app TikTok...
China Car Sales

China’s Car Sales Surge in 2024: Record EV Growth Amid Fierce Market Dynamics

China's automotive market maintained robust growth in 2024, driven by a surge in sales of electric vehicles (EVs) and plug-in hybrids, hitting record highs despite intense competition and aggressive pricing strategies. The world's largest auto market demonstrated resilience and adaptability,...
Apple Siri

Apple Denies Selling Siri Data Following $95 Million Settlement Over Privacy Allegations

Apple Inc. took a firm stance on Wednesday, clarifying that it has never sold data collected by its Siri voice assistant or used it to create marketing profiles. This statement comes in the wake of a $95 million settlement reached...
Asia Stock Markets

Asian Markets Slide Amid US Economic Uncertainty and Weak Chinese Data

Asian markets experienced a downturn following a cautious session on Wall Street, with investor anxiety rising ahead of the Thursday closure of US equity markets for a national day of mourning for former President Jimmy Carter and the release of...
Chinese yuan

China Intensifies Yuan Support with Record Hong Kong Bill Issuance

China is set to issue a record amount of bills in the Hong Kong market, aiming to tighten offshore liquidity and curb speculative attacks against its currency. The People’s Bank of China (PBOC) announced plans to auction 60 billion yuan...
iPhone 16

Indonesia Upholds Ban on iPhone 16 Sales Amid $1 Billion Apple Investment Impasse

Indonesia has reaffirmed its ban on iPhone 16 sales, citing Apple’s inability to comply with stringent domestic market regulations, despite the tech giant’s $1 billion pledge to invest in the Southeast Asian nation. The announcement on Wednesday (Jan 8) came...
Sri Lanka Central Bank

Sri Lanka Eyes Stronger Economic Recovery Following Impressive GDP Growth in 2024

Sri Lanka's economy is poised for a significant rebound in 2025, building on the momentum of an impressive 5 percent real GDP growth in 2024, the highest in seven years. This growth marks a critical turning point as the island...
7-Eleven

Japanese Economy Minister Labels Seven & i Buyout a National Security Concern

Japan's growing sensitivity towards foreign acquisitions, Economy Minister Ryosei Akazawa declared on Wednesday that a potential takeover of retail giant Seven & i Holdings Co. by foreign entities could pose serious national security risks.  The company, widely recognized for its...
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