Mahindra electric vehicles and pickups to reach South Africa, Australia, New Zealand and the U.K. within two years Mahindra expands overseas push with new electric vehicles and pickups, targeting exports …
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Business
Nvidia targets $200 billion CPU market to become world-leading supplier
by Sato Asahiby Sato AsahiNvidia posts record quarter and lays out plan to capture $200bn CPU market while trimming China data-center outlook Nvidia reports another record-breaking quarter on May 21, 2026, and signals a …
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Business
CXMT reports 1,688% profit surge as DRAM maker targets STAR Market listing
by Sato Asahiby Sato AsahiCXMT Posts Record Q1 Gains as DRAM Maker Eyes STAR Market Listing CXMT’s Q1 net profit jumped 1,688% and revenue climbed 719% in the January–March 2026 quarter as AI-driven memory …
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Business
China targets 70% domestic silicon wafer production by year-end
by Sato Asahiby Sato AsahiChina Pursues 70% Domestic Production of Silicon Wafers Led by Eswin Expansion China accelerates silicon wafers self-sufficiency drive, aiming for over 70% domestic supply this year through rapid factory builds …
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Business
KKR targets Asia as $10bn sports portfolio could double in next five years
by Sato Asahiby Sato AsahiKKR Sports Investments Could ‘Easily Double,’ Co‑CEO Says as Firm Eyes Asia KKR plans to expand its sports investments, with co‑CEO Joseph Bae saying the private equity firm’s $10bn sports …
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Business
Baibars targets $1bn valuation and US IPO by 2029 amid Western unease
by Sato Asahiby Sato AsahiBaibars agricultural drone maker eyes $1bn valuation and US IPO by 2029 Turkish firm Baibars seeks a $1bn valuation and a US IPO by 2029 as it leverages domestic dominance …
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Business
European Union imposes higher steel tariffs and targets Chinese turbine and railmakers
by Sato Asahiby Sato AsahiEU Raises Steel Tariffs on Chinese Imports as Probes Target Goldwind and CRRC European Union tightens steel import rules and doubles duties above new quotas while opening in-depth foreign-subsidy investigations …
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Business
VinFast targets 100,000 overseas EV sales in 2026, eyes 2027 profit
by Sato Asahiby Sato AsahiVinFast aims to sell 100,000 EVs abroad in 2026, owner says VinFast plans to sell about 100,000 electric vehicles in markets outside Vietnam this year, a fivefold increase on 2025 …
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Business
Itsec Asia targets Middle East cybersecurity as clients shun Israeli, US firms
by Sato Asahiby Sato AsahiItsec Asia targets Middle East expansion as businesses avoid Israeli and U.S. cybersecurity providers Indonesia’s Itsec Asia plans to expand into Middle Eastern markets by leveraging ties with Islamic countries, …