India’s Karnataka drafts incentive package for clean mobility sector
Karnataka plans tax cuts and incentives for clean mobility, including hybrids, aiming to attract investments and boost adoption, despite some preferring a focus solely on EVs.
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China to give cash handouts to poor in rare use of aid
OUR TAKEChina has announced a new plan to provide one-off cash payments to individuals in extreme poverty, which marks a big change in its approach to direct aid. This comes just a day after the government announced a new plan to boost the economy. They haven’t said how much the subsidies will be, b…
China weighs injecting $142B of capital into top banks
OUR TAKEChina is looking at injecting up to $142 billion into its main state-owned banks as part of a wider economic stimulus plan to give its struggling economy a boost. This is the first time the banks have had capital injected since the global financial crisis in 2008. The top six banks are above…
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India’s Karnataka drafts incentive package for clean mobility sector
Karnataka plans tax cuts and incentives for clean mobility, including hybrids, aiming to attract investments and boost adoption, despite some preferring a fo…
Asia-Pacific
China to give cash handouts to poor in rare use of aid
OUR TAKEChina has announced a new plan to provide one-off cash payments to individuals in extreme poverty, which marks a big change in its approach to direct…
Trends
China weighs injecting $142B of capital into top banks
OUR TAKEChina is looking at injecting up to $142 billion into its main state-owned banks as part of a wider economic stimulus plan to give its struggling eco…
Trends
China national team ETFs see inflows pick up as stocks surge
OUR TAKEChinese exchange-traded funds (ETFs) linked to the state fund saw a lot of new money come in as the People’s Bank of China launched a new economic st…
Trends
Samsung announces $1.8B investment in new OLED factory in Vietnam
OUR TAKEThe new factory enhances Samsung’s commitment to cutting-edge OLED technology, which is crucial for modern displays, improving quality and innovation…
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China urges vigilance against Taiwanese cyberattacks
China’s security ministry alerts to cyber threats from Taiwan’s Anonymous 64, amid ongoing cyber and geopolitical tensions.
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Xiaomi demands retraction of India antitrust report over sensitive data exposure
OUR TAKEXiaomi has requested the Competition Commission of India to recall a report that alleged the company and Flipkart had breached competition laws, citi…
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S-Tron Shanghai 2024 targets China’s biggest technology and innovation exchange platforms
S-Tron 2024 aims to be China’s top tech and innovation hub, where attendees can explore cutting-edge trends in a dynamic environment.
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Samsung sues Indian labour union over strike as dispute escalates
OUR TAKESamsung Electronics’ Indian unit is in the middle of a big labour dispute. It has filed a lawsuit against members of a labour union following an 11-d…
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Samir Kumar takes the helm at Amazon India amidst regulatory scrutiny and market expansion
OUR TAKEAmazon has appointed long-time executive Samir Kumar as its new India head, taking over from Manish Tiwary at a time when the company is expanding ra…
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Vietnam’s leader Lam set to meet Google and Meta in the US
OUR TAKETo Lam’s visit and meetings with major U.S. corporations underscore the importance of Vietnam’s relationship with the U.S., not just economically but…
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YouTube and Shopee partner for e-commerce expansion in Southeast Asia
OUR TAKEThis collaboration allows both companies to tap into the rapidly growing e-commerce market in Southeast Asia, which is one of the fastest-growing reg…
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U.S. pressures Vietnam to dismiss Chinese firms in subsea cable plans
OUR TAKEThe subsea cables will improve not only Vietnam’s connectivity but also its links to neighbouring countries and regions. This can lead to enhanced co…
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Fake videos, real impact: The ‘deepfake era’ hits US and Indian elections
OUR TAKE Deepfake technology is revolutionising political campaigns by enhancing engagement and fundraising, but it also introduces serious risks to democrac…
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Australia introduces fines for social media giants over misinformation
OUR TAKEMisinformation poses a significant threat to the integrity of democratic processes, particularly during elections. The legislation aims to safeguard …
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Indian crypto adoption leads globally despite regulatory challenges
Chainalysis’s report indicates that India has retained its leading position in cryptocurrency adoption globally, despite a challenging regulatory environment…
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The future of open-source and AI according to China’s leading open source exec
OUR TAKE The interview with Du Junping highlights the significance of open-source contributions in driving AI and data innovation. With decades of experience…
Asia-Pacific
Drones in China: From delivering dumplings to saving lives
See how drones are reshaping Hangzhou’s urban landscape—from speeding up deliveries to revolutionising emergency services. Dive into the future of low-altitu…
Asia-Pacific
Interview with Zhang Wensong, China’s open-source champion
Recently, we had the privilege of arranging an interview with Zhang Wensong, one of China’s renowned “six men of open-source.” Zhang Wensong has an extensive…
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ASML CEO indicates US export restrictions to China due to economic concerns
ASML’s CEO asserts that the U.S. export restrictions are increasingly influenced by economic interests rather than security concerns.