ASEAN News

Big investment company KKR is close to finishing its purchase of Japanese medical equipment manufacturer Topcon as private equity firms show more interest in the Japanese market. Multiple reliable sources say an agreement will be ready for signing in several days as Japan welcomes new corporate developments. The possible Topcon acquisition has a market worth of 323.4 billion yen ($2.15 …

Indeed, it is, and it marks a milestone in medical research as it transpired that doctors in China successfully transplanted genetically modified pig liver into brains-dead humans incredible milestone in seeking alternatives to organ donors. The procedure team at the Fourth Military Medical University in Xi’an has been successful, and high hopes linger that one day pig organs could help …

China’s electric vehicle (EV) giant BYD has officially taken over the global EV market, with a whopping revenue of 777 billion yuan (U.S. $107 billion) for the year 2024. That makes BYD a step ahead of Elon Musk’s Tesla, with $97.7 billion in revenues. This movement highlights the notorious rise of Chinese EV makers as competition grows for the clean-energy …

The Japanese women’s curling team has a tough road to qualification for the 2026 Milan-Cortina Winter Olympics. Having silver and bronze medals at the last two Winter Games, Japan’s recent record has threatened to jeopardize their Olympic chances. In the 2025 World Women’s Curling Championship held in Uijeongbu, South Korea, Sapporo based Team Fortius which was skippered by Sayaka Yoshimura, …

The Chinese Coast Guard ships extended their stays near the Senkaku Island region which led Japan to lodge formal diplomatic objections. Foreign Minister Takeshi Iwaya said on Monday that China’s maritime expansion near the disputed islands is rapidly intensifying to create more international political instability.The ships stayed 92 hours inside Japanese waters for the first time since Japan acquired the …

Samsung Electronics CO-CEO  Han Jong-hee has passed away suddenly after suffering a heart attack, as announced Tuesday. The sudden demise has put the South Korean tech giant through a transition with new CEO, Jun Young-hyun, sashaying into the leadership role alone. The leadership was changed at a time very crucial as the company was working on revamping its poorly performing …

Vice Premier of China, He Lifeng, met business executives at Apple Pfizer and Mastercard on Sunday to discuss trade solutions with the US. As Beijing seeks outside business during its economic slump it brings leaders from Eli Lilly, Medtronic Cargill and Corning together with government officials for discussions.  As reported to business leaders at the event, He stated that China …

Japanese officials joined South Korean and Chinese foreign ministers in Tokyo to plan a summit based on historical turning point statements from Japan’s Takeshi Iwaya. The recent talks between Japan and its neighbors arise from uncertainty about the United States and its traditional alliances while China attempts to build stronger regional connections.  During the meeting Wang Yi stressed the three …

According to the most recent data produced by the Bank for International Settlements and released on Thursday, South Korea’s total debt- household, corporate, and government liabilities alike- grew by 4% within the third quarter of the past year, breaking its debt threshold past 6.2 quadrillion won ($4.24 trillion), which has now become 2.5 times the GDP of the country. Thus, …

Hong Kong billionaire Li Ka-shing sold Panamanian port terminals to a US-led group, causing diplomatic conflicts between Washington and Beijing because of Latin American geopolitical competition. CK Hutchison completed its $22.8 billion deal on March 6 to unload its worldwide port terminals to a consortium led by BlackRock US due to 96-year-old Li Ka-shing’s decision. Shortly after the deal, President …