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Asia Economy

China, India or Japan — Asia’s edge isn’t just cheap labor, KKR says

by Adrian Jhonsan
China, India or Japan — Asia’s edge isn’t just cheap labor, KKR says

Pictured here are self-driving robots in a China Duty Free Group’s warehouse in Haikou, Hainan, on March 20, 2023. Vcg | Visual China Group | Getty Images BEIJING — Asia’s …

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Alibaba’s Lazada woos sellers affected by Indonesia’s e-commerce ban

by Adrian Jhonsan
Alibaba’s Lazada woos sellers affected by Indonesia’s e-commerce ban

Lazada is the third-largest e-commerce player in Indonesia, after Sea Limited’s Shopee and Tokopedia, according to Momentum Works. Matt Hunt | Lightrocket | Getty Images Lazada, a Southeast Asian e-commerce …

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Categories World

Japan could be next in line to land on moon

by Adrian Jhonsan
Japan could be next in line to land on moon

An H2-A rocket carrying a small lunar surface probe and other objects lifts off from the Tanegashima Space Centre on Tanegashima island, Kagoshima prefecture on September 7, 2023. Str | …

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LG Energy Solution to supply EV batteries to Toyota

by Ev Richard
LG Energy Solution to supply EV batteries to Toyota

South Korea’s LG Energy Solution signed an agreement to supply Toyota, the world’s largest automaker, with lithium-ion batteries for electric vehicles that will be assembled in the U.S., the companies …

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Categories Technology

Japan’s property sector foreign investments soared 45%

by Adrian Jhonsan
Japan’s property sector foreign investments soared 45%

Vehicles travel along a highway past commercial and residential buildings in Tokyo, Japan, on Wednesday, Feb. 8, 2023. Bloomberg | Bloomberg | Getty Images Foreign investments into Japan’s real estate …

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High rates are breaking something new in markets

by Adrian Jhonsan
High rates are breaking something new in markets

Traders work on the floor of the New York Stock Exchange during afternoon trading on July 18, 2023 in New York City. Michael M. Santiago | Getty Images News | …

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Indian minister warns there’ll be ‘organized chaos’ if oil tops $100 per barrel

by Adrian Jhonsan
Indian minister warns there’ll be ‘organized chaos’ if oil tops 0 per barrel

Oil prices surged to their highest level in more than a year on Thursday. The U.S. West Texas Intermediate futures reached $95.03 per barrel, marking the highest cost since August …

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Categories World

Ripple obtains full license to operate in Singapore

by Adrian Jhonsan
Ripple obtains full license to operate in Singapore

Brad Garlinghouse, chief executive officer of Ripple Labs Inc., speaks during the Token2049 conference in Singapore, on Wednesday, Sept. 13, 2023. Joseph Nair | Bloomberg | Getty Images Cryptocurrency company Ripple …

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Categories World

TikTok halts e-commerce service in Indonesia following ban

by Ev Richard
TikTok halts e-commerce service in Indonesia following ban

A merchant sells crystal ornaments via a live TikTok broadcast. CFOTO | Future Publishing | Getty Images TikTok Indonesia said it will end transactions on its e-commerce marketplace by Thursday, …

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Categories Technology

Bank of Japan hikes bond buying as benchmark yields hit decade peak

by Adrian Jhonsan
Bank of Japan hikes bond buying as benchmark yields hit decade peak

A pedestrian walks past the Bank of Japan (BoJ) building in central Tokyo on July 28, 2023. Richard A. Brooks | Afp | Getty Images The Bank of Japan announced …

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Categories World
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