Tag: Business
China Mobile in Talks for Potential Acquisition of HKBN
China Mobile, the largest wireless carrier globally, is currently in discussions regarding a potential acquisition of Hong Kong broadband provider HKBN Ltd. The goal is to expand its presence in the city. HKBN's board...
Exploring the Connection Between Russian Sanctions Evasion and British Overseas Territories
Russian sanctions evasion has been a topic of concern in recent years, especially when it comes to British Overseas Territories. These territories, such as the Cayman Islands and British Virgin Islands, have been under...
China’s Baidu Enters Race with Meta for AI Smart Glasses
China's tech giant Baidu has recently announced its entry into the competitive market of AI smart glasses, putting it in direct competition with Meta, formerly known as Facebook. Baidu's move signifies the growing importance...
Former Minister Yamagiwa Named Chip Czar by Japan’s LDP
Japan's ruling party, the Liberal Democratic Party (LDP), has appointed Daishiro Yamagiwa as the new chairman of its semiconductor promotion group. This move comes as the government aims to enhance funding for the semiconductor...
Chinese Tech Giants Establish AI Teams in Silicon Valley – A Strategic Move for...
Chinese tech giants have recently made a strategic move by establishing artificial intelligence (AI) teams in Silicon Valley. This decision reflects their commitment to innovation and growth in the rapidly evolving tech industry.By setting...
Lowering Power Costs in China’s Factory Heartland: Support for Exporters
China's industrial heartland, particularly the southern province of Guangdong, is making efforts to lower electricity prices to support struggling exporters and shift economic challenges to power plants. Negotiations for new annual contracts are underway,...
Pakistan’s Fiscal Year 2022: No Further Tax Increases Planned
Pakistan's government has announced that there will be no additional taxes imposed in the current fiscal year. The Finance Minister, Muhammad Aurangzeb, expressed confidence in meeting the tax revenue target of 13 trillion rupees...
Goldman Sachs Downgrades Australia Economic Forecast Amid Trump Tariff Concerns
Goldman Sachs Group Inc. has revised its economic growth forecast for Australia in 2025, citing potential negative effects from the anticipated increase in tariffs on China by the incoming Trump administration. The new forecast...