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Asia Pacific

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Huawei unveils first HarmonyOS laptops to cut US tech dependence
Huawei launches laptops using home-grown Harmony operating system

BEIJING, China: Huawei has launched its first laptops running on its proprietary HarmonyOS, marking a significant step in its effort...

Nissan may shut plants in Japan, Mexico amid cost-cutting drive
Nissan considering plant closures in Japan, overseas, sources say

TOKYO, Japan: Nissan is reportedly considering shutting down two car assembly plants in Japan and several overseas factories, including...

China's heavy truck market maybe 50% electric by 2028: CATL chief
Half of China's heavy truck sales could be EVs by 2028, CATL says

BEIJING, China: China's sales of heavy trucks could be dominated by electric vehicles by 2028, with battery-powered models potentially...

Russia imprisons Australian for 13 years over fighting for Ukraine
Russia jails Australian man for 13 years as he fought on Ukraine side

MOSCOW, Russia: Russia has sentenced a 33-year-old Australian man to 13 years in a high-security prison for fighting with Ukrainian...

Japan’s economy shrinks, first contraction in a year
Japan's economy shrinks more than expected as US tariff hit looms

TOKYO, Japan: Japan's economy contracted for the first time in a year, shrinking at a faster pace than expected in the first quarter...

A glimpse of Chinese modernization in millennia-old heartland
A glimpse of Chinese modernization in millennia-old heartland

ZHENGZHOU, May 22 (Xinhua) -- As dusk settled over the rooftops of a Tang-Dynasty-style pavilion, a fleet of glowing drones ascended...

Business

Section
Huawei unveils first HarmonyOS laptops to cut US tech dependence
Huawei launches laptops using home-grown Harmony operating system

BEIJING, China: Huawei has launched its first laptops running on its proprietary HarmonyOS, marking a significant step in its effort...

U.S. stocks undermined by accelerating bond yields
Wall Street tumbles Wednesday as investors bail out of bonds, dollar

NEW YORK, New York: U.S. stocks dived on Wednesday as investors and traders fretted about the passing of the budget bill by Congress...

Trump says Walmart should cover tariffs, not blame price hikes
Trump tells Walmart to 'eat the tariffs' instead of raising prices

WASHINGTON, D.C.: U.S. President Donald Trump said over the weekend that Walmart should eat the tariffs instead of blaming duties imposed...

Trump administration probes Apple-Alibaba AI deal over security fears
US administration is concerned by deal to put Alibaba's AI on iPhones

WASHINGTON, D.C.: The Trump administration is scrutinizing Apple's plans to partner with Chinese tech giant Alibaba to bring its artificial...

Nissan may shut plants in Japan, Mexico amid cost-cutting drive
Nissan considering plant closures in Japan, overseas, sources say

TOKYO, Japan: Nissan is reportedly considering shutting down two car assembly plants in Japan and several overseas factories, including...

Tech stocks lead Wall St lower, Nasdaq Composite falls 73 points
Wall Street slides, Dow Jones drops 115 points

NEW YORK, New York - U.S. stocks weakened across the board on Tuesday, led by the tech sector once more. I would say that the largest...