Japanese workers have seen their pay go up at a record rate after the government called on companies to help employees facing rising prices. Official figures show that, compared to a year earlier, wages rose by 1.8% in May, the fastest pace in 28 years. The salaries of many people […]
Year: 2023
Electric car maker Tesla Inc is laying off some battery production workers at its Shanghai plant, Bloomberg News reported on Friday (Jul 7), citing people familiar with the matter. It was not clear how many workers may be let go, or the specific reasons behind the layoffs, according to the […]
HONG KONG : Chinese authorities are likely to announce a fine of at least 8 billion yuan ($1.1 billion) on Ant Group as soon as Friday, sources with direct knowledge of the matter said, bringing an end to the fintech company’s years-long regulatory overhaul. The People’s Bank of China (PBOC), […]
SILVERSTONE: A calm and focussed Max Verstappen yesterday expressed some relief that his Red Bull team have maintained a very healthy lead over all their rivals despite introducing fewer upgrades this season. Speaking at Silverstone on the eve of opening practice at this weekend’s British Grand Prix, the defending double […]
Twitter is considering legal action against Meta over its fast-growing rival app Threads. Threads, which was launched to millions on Wednesday, is similar to Twitter and has been pitched by Meta bosses as a “friendly” alternative. Twitter’s Elon Musk said “competition is fine, cheating is not” – but Meta denied […]
TAIPEI : Globalisation is taking a backseat to priorities such as national security and technological leadership, with U.S.-China relations consisting more of competition than cooperation, the retired founder of Taiwanese chipmaker TSMC said on Tuesday. Morris Chang, who founded the world’s largest contract chipmaker Taiwan Semiconductor Manufacturing Co Ltd (TSMC), […]
SHANGHAI : U.S. semiconductor wafer maker AXT Inc said on Monday it would seek permits to keep exporting gallium and germanium substrate products from China, after Beijing abruptly imposed export controls on the metals key to chipmaking. California-headquartered AXT, which has manufacturing facilities in China, said its Chinese subsidiary Tongmei […]
Titled Suicide Squad Isekai, the series features certain characters from the DC franchise finding themselves in an alternate world. nime Expo 2023 is well underway and with it comes a bevy of exciting announcements from various studios. On Jul 4, Warner Bros Japan and WIT Studio announced that they will […]
Supermodel Naomi Campbell celebrated the arrival of her second child, sharing a heartfelt message about the joys of motherhood. Naomi Campbell has welcomed baby No. 2. “My little darling, know that you are cherished beyond measure and surrounded by love from the moment you graced us with your presence,” she […]
U.S.-China tensions over semiconductors began with the Trump administration’s trade war and have ratcheted up under President Joe Biden’s leadership as Washington looks to undercut Beijing’s efforts to build its high-tech industry. The U.S. and the Netherlands are set to deliver a one-two punch to China’s chipmakers by further curbing […]