Nippon Steel Tops Global Blast-Furnace Peers in Profit per Ton in Q1 Nippon Steel’s profit per ton in the first quarter ranked highest among major global blast-furnace steelmakers, driven by …
Demand
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Business
United Microelectronics begins advanced photonics production in Singapore to meet AI demand
by Sato Asahiby Sato AsahiUMC photonics chips begin production in Singapore to meet surging AI connectivity demand UMC has begun producing advanced photonics chips in Singapore to supply high-speed AI connectivity, signaling an expansion …
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Business
Tibetan protesters at UN demand justice as three detained after self-immolation death
by Sato Asahiby Sato AsahiTibet protest at U.N. draws hundreds in New York as three are detained Hundreds gathered outside the United Nations in New York on July 9 in a Tibet protest following …
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Business
China vehicle exports offset slowing domestic demand as experts warn of volatility
by Sato Asahiby Sato AsahiChina EV exports surge offsets weak domestic demand, automakers pivot abroad China EV exports are rising rapidly as domestic sales slow, with manufacturers shifting production and sales strategies to overseas …
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Business
Applied Materials CEO says tremendous 24-month visibility supports prolonged AI chip demand
by Sato Asahiby Sato AsahiApplied Materials Says ‘Tremendous Visibility’ in AI-Driven Chip Demand over Next 24 Months Applied Materials sees “tremendous visibility” for AI-driven chip demand over the next 24 months, with equipment orders …
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Business
Samsung, SK Hynix propose South Korea chip hub as AI demand surges
by Sato Asahiby Sato AsahiSouth Korea chip production hub plan unites Samsung and SK Hynix amid market caution South Korea aims to build a new chip production hub to anchor Samsung and SK Hynix …
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Business
Gold prices slide as U.S. rate hike bets and weak Asian demand bite
by Sato Asahiby Sato AsahiGold prices slide as U.S. rate-hike expectations and Asian ETF selling weigh Gold prices fall as investors pivot toward equities and bond yields rise, while demand remains sluggish in China …
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Business
Ascott Announces Nationwide Japan Expansion to Capture Intra-Asian Tourism Demand
by Sato Asahiby Sato AsahiAscott expansion in Japan targets intra-Asian tourists as airfares rise Ascott expansion in Japan targets intra-Asian tourists as airfares climb; the serviced-residence operator plans nationwide growth this year, CEO Kevin …
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Business
Nonrace sports betting in Australia overtakes lotteries as critics demand tougher controls
by Sato Asahiby Sato AsahiNon-race sports betting in Australia overtakes lotteries as fastest-growing gambling sector Non-race sports betting in Australia has surged ahead of traditional lotteries in net spending, becoming the fastest-growing segment of …
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Business
WCFO announces plan to double Cambodia fiber-optic capacity amid AI data center demand
by Sato Asahiby Sato AsahiWCFO to Double Production of Fiber‑Optic Cable Components in Cambodia Amid AI Data‑Center Boom Hong Kong manufacturer WCFO will roughly double fiber‑optic cable components production in Cambodia to meet rising …