TSMC ‘feeling good’ about possible Germany plant, chairman says
Mark Liu says chipmaker is negotiating subsidies with German government as it considers first facility in Europe.
Category Archives: Economy
US, UK push against child abuse online alarms Asia dissidents
Rights groups are concerned that bid to weaken encrypted communications could harm dissenters in authoritarian regimes.
As US aims to bring back manufacturing, supporting women is key
In Asia, women factory workers powered manufacturing growth. Are there lessons there for the US?
Japan’s birth rate drops to fresh record low
Latest figures released by health ministry show birth rate has dropped below previous low of 2005.
Twitter’s head of safety Ella Irwin resigns
Ella Irwin tells news agency she has quit Twitter a year after joining the social media platform.
Fax machines and cash-only stores: Japan struggles to go digital
Japan's economy is, in many ways, stuck in the past despite the country's futuristic image abroad.
Kuwait’s Al-Zour refinery delayed over technical glitch, CEO says
Kuwait Petroleum Corporation CEO says outlook for China's oil consumption 'encouraging' despite headwinds.
AI poses ‘risk of extinction’, tech CEOs warn
Warning follows open letter earlier this year that called for a six-month pause on AI development.
Carmakers emitting 74 million tonnes of CO2, Greenpeace says
Top automakers' dependence on steel steering planet towards 'climate catastrophe', environmental group says.
Japan’s Nikkei hits 33-year high on weak yen, US optimism
Japanese stock market rises to the highest level since July 1990 after the US finalises deal to raise the debt ceiling.
PwC Australia stands down staff amid tax plans leak scandal
Accounting firm pledges to do 'everything it takes' to regain trust after leaking government information to clients.
Philippines’ crackdown on anonymous SIM cards prompts backlash
Some cybersecurity experts fear the SIM Card Registration Act will encourage identity theft and fraud.
Nigerians look to president-elect Tinubu for economic turnaround
Voters have been let down before, wonder if Bola Tinubu will be able to fix systemic issues in Africa's largest economy.
Singapore economy beats estimates as government warns of risks
Southeast Asian city-state warns of rise in 'downside risks' amid rising interest rates, escalation of war in Ukraine.
Malaysia’s economy beats forecasts with 5.6 percent growth
Solid performance comes as cooling global demand is expected to weigh on export-oriented Southeast Asian economy.
Nintendo’s The Legend of Zelda: Tears of the Kingdom hits shelves
Six-year wait ends for computer game fans across the world as Nintendo releases latest instalment of saga.
Elon Musk says Twitter to get new CEO within weeks
Announcement comes after Twitter users in December voted for Musk to step down.
China’s foreign companies on edge after national security raids
Business groups say probes into firms' handling of information has raised uncertainty about operating in China.
FTX’s Bankman-Fried seeks tossing of charges over crypto collapse
Bankman-Fried's lawyers tell court that prosecutors rushed to judgement in charging their client.
Australia flags first annual budget surplus in 15 years
Treasurer Jim Chalmers says country is on track for first surplus since the global financial crisis in 2008.