Tag: ASIA
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ZJLD Group Recognized with Prestigious ESG Award
ZJLD Group Inc., the first baijiu company listed on the Hong Kong Stock Exchange, has received the “Greater Bay Area Listed Companies ESG100 Green Advancement Awards – Value Champion Award.” This award acknowledges enterprises that exemplify sustainable business practices. The recent summit in Hong Kong facilitated discussions on growth opportunities while establishing industry sustainability benchmarks…
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Tire Giants Michelin, Bridgestone Adjust Chinese Business to Cope With Rising NEV Demand
International tire manufacturers Michelin and Bridgestone are adjusting their strategies in China to meet the increasing demand for new energy vehicles (NEVs). Michelin is enhancing its product range for NEVs and has ambitious expansion plans, while Bridgestone is boosting investments to cater to specific tire needs for electric vehicles. Both companies aim to leverage the…
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The Impact of the CHIPS and Science Act on Semiconductor Lobbying in Washington, D.C.
The CHIPS and Science Act has prompted significant lobbying efforts by semiconductor companies, particularly Nvidia, TSMC, and Intel, which aim to navigate federal policy changes and secure substantial funding. In light of evolving trade regulations and the high stakes involved in semiconductor manufacturing, these companies have ramped up their government relations strategies, employing both internal…
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Billionaire Zhong Accuses Chinese Tech Giants of Unfair Practices
Zhong Shanshan, head of Nongfu Spring, has accused tech giants ByteDance and Pinduoduo of harming his company’s reputation and market value due to negative online sentiment and price wars. He has specifically called on ByteDance to address damaging rumors and apologize. The incident has sparked a heated debate on social media, highlighting tensions between tech…
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Booking Holdings Achieves Remarkable Growth in Alternative Accommodation Sector
Booking Holdings has experienced significant growth in its alternative accommodation segment, outpacing competitors like Airbnb. Its strategy of providing both hotel and alternative lodging options on one platform has resonated with consumers. The company reported a 14% increase in alternative accommodation room nights and achieved a net income of $2.5 billion in its most recent…
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Sony Engages in Acquisition Talks with Kadokawa Over ‘Elden Ring’
Sony is in negotiations to buy Kadokawa, the Japanese media company known for “Elden Ring.” Kadokawa’s shares rose 23% as a result, while Sony’s stock increased by 0.6%. Sony aims to enhance its entertainment portfolio amid the growing popularity of video games and anime. This acquisition could leverage both companies’ strengths in intellectual property. Sony…
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GigaCloud Technology Inc Secures Top Spot in Forbes’ Small-Cap Rankings for 2025
GigaCloud Technology Inc achieved the number one ranking on Forbes’ “America’s Most Successful Small-Cap Companies 2025” list, highlighting its growth in B2B technology solutions for large parcel merchandise. Founded by Larry Wu, the company emphasizes innovation and efficiency through the GigaCloud Marketplace, connecting manufacturers and resellers worldwide. Forbes evaluated over 900 companies based on their…
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Nvidia’s Jensen Huang Reflects on Softbank’s Offer to Acquire Nvidia
During Nvidia’s AI Summit in Tokyo, CEO Jensen Huang disclosed that Masayoshi Son of Softbank once offered to help him acquire Nvidia due to its undervalued potential. Since that time, their companies have partnered on AI projects despite Son no longer holding a stake in Nvidia. Japan is also re-investing heavily in its tech sector,…
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Ecosia and Qwant Join Forces to Create Independent Search Engine Index
Ecosia and Qwant are partnering to create an independent web index to reduce dependency on Google and Bing. This collaboration, known as European Search Perspective, aims to provide tailored search results that prioritize sustainability, aiming for enhanced user experience while fostering ethical practices in search technology. Two search engines, Ecosia and Qwant, are collaborating to…
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Yuvraj Singh Shifts Investment Strategy with Healthy Snacking Brand Twiddles
Former cricketer Yuvraj Singh is shifting his investment strategy to focus on quality with the launch of Twiddles, a healthy snacking brand. Following personal challenges, Singh has moved from broad investments to a selective approach, aiming to leverage his celebrity to enhance brand growth. Twiddles plans to innovate in the competitive healthy snack market with…