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Home Business (page 3)

Business

Business News Today: Get all the Latest Business News, Market News, Asian and International Business News on the Asian Affairs.

Intel’s New CEO Lip-Bu Tan Faces Scrutiny Over Past Investments in Chinese Tech Firms

By The Asian Affairs
April 11, 2025
in :  Business
Intel

We’re going to talk about the new CEO of Plant by Interior: Mr. Tan, not for his leadership but for his appointments in many Chinese tech companies, some of which are connected to China’s military activities, users of semiconductors, and the major chipmaker in China itself. His investment activities in China are, therefore, a matter of recording and dating in …

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Trump Escalates US-China Trade Tensions with 125% Tariffs While Pausing Other Import Duties

By The Asian Affairs
April 10, 2025
in :  Business
trump escalates us china trade tensions with 125% tariffs while pausing other import duties

President Donald Trump established a temporary tariff hold during a significant policy change but immediately enforced brutal 125% import taxes against China. The two largest international economies confront each other more fiercely in their continuing trade conflict. China started to tax every product from the US by 84% on Thursday after implementing the action. According to the Chinese Commerce Ministry …

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Samsung SDI Lowers Share Sale Price as Global Markets Fall

By The Asian Affairs
April 9, 2025
in :  Business, South Korea
Samsung SDI

Samsung SDI has slashed its Share Price owing to Jitters across the Global Market For fresh equity, South Korea’s Samsung SDI has cut new share prices by 14% in a bid to raise 2 trillion won, approximately 1.4 billion dollars. Prices have dropped from 169,200 won to 146,200 won for the stock issue. The definitive price is yet to be …

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Developing Asian Countries Hit Hardest by New Trump Tariffs

By The Asian Affairs
April 3, 2025
in :  Business
developing asian countries hit hardest by new trump tariffs

As President Donald Trump declared economic independence through new tariffs he placed significant harm on developing countries in Southeast Asia and Africa. Research shows Chinese investments serve as the main target of these policies so nations hit by natural disasters and war keep facing challenges.  By taking this action, the United States creates a worldwide trade conflict and challenges previous …

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UAE Tops Global Entrepreneurship Rankings Again!

By The Asian Affairs
April 3, 2025
in :  Business, Economy
UAE Tops GEM

Once again crowned the world’s best entrepreneurship nation in the Global Entrepreneurship Monitor (GEM) Report, the UAE has claimed the number-one position for four successive years now. This further consolidates the image of a country where business is favorable because of its environment, supported by the government, and booming with startup culture. The Startups’ Conducive Environment In 56 economies, the …

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China Signals Trade Expansion with India as Trump Tariffs Loom

By The Asian Affairs
April 1, 2025
in :  Business, China, Japan, South Korea

China, stepping ahead of possible new US tariffs, has announced new trade plans from India to bring both countries closer in their trading relationship. Chinese Ambassador Xu Feihong stated at the 75th anniversary ceremony between China and India that Beijing wants to team up with New Delhi to do more business and bring in best-selling Indian goods to China. China’s …

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Xi Jinping Meets Global CEOs to Boost Foreign Investment Confidence

By The Asian Affairs
March 28, 2025
in :  Business, China
xi jinping meets global ceos to boost foreign investment confidence

Chinese President Xi Jinping invited 40 foreign business executives to Beijing on Friday to boost investor confidence and restore stable international trade ties. https://x.com/shen_shiwei/status/1905500630044774853 The business leaders who met with President Xi included executive members of AstraZeneca, FedEx, Saudi Aramco, and Standard Chartered. China’s economic system depends heavily on foreign companies which Xi recognizes and appreciates for sustaining his nation’s …

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BYD Surpasses Tesla in Annual Sales, Cementing Its Position as the EV Leader

By The Asian Affairs
March 26, 2025
in :  Business, China
BYD vs Tesla sales,BYD annual revenue 2024,Tesla vs BYD market share,BYD EV sales 2024,Tesla China market share,BYD new technology,BYD vs Tesla competition,BYD God’s Eye system,BYD fast charging EV,Tesla Full Self-Driving China,best EV brand 2024

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 …

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Japan Sees Rise in Unsolicited Takeovers After 2023 METI Guidelines

By The Asian Affairs
March 24, 2025
in :  Business
japan sees rise in unsolicited takeovers after 2023 meti guidelines

The Japanese market for mergers and acquisitions now allows unsolicited acquisition offers due to recent Ministry of Economy Trade and Industry guidelines. Canadian retail leader Alimentation Couche-Tard made public its interest in acquiring Seven & i Holdings and their Japanese 7-Eleven stores. METI’s modern guidelines assist Japan’s market development by letting companies acquire businesses that improve value and protect shareholder …

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China Seeks US Investment Despite Trump’s 20% Tariffs

By The Asian Affairs
March 24, 2025
in :  ASEAN News, Business, China
china seeks us investment despite trump's 20% tariffs

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 …

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