Nippon Steel pouring big money into India and Thailand

Nippon Steel and ArcelorMittal, two of the world’s largest steel companies, have turned their attention to India and Thailand amid weakening demand in Japan and the energy crisis in Europe. The ArcelorMittal Nippon Steel India joint venture (AM/NS India) has announced two new initiatives to expand operations in India: New construction and capacity expansion of […]Continue Reading

Chinese American gangster transformed cartel money laundering

This story was first published by ProPublica, a Pulitzer Prize-winning investigative newsroom. In 2017, US Drug Enforcement Administration agents following the money from cocaine deals in Memphis, Tennessee, identified a mysterious figure in Mexico entrusted by drug lords with their millions: a Chinese American gangster named Xizhi Li. As the agents tracked Li’s activity across […]Continue Reading

China-based US chip experts face stay-go dilemma

Hundreds of top engineers and executives working for Chinese chip companies are facing a tough decision about whether they should stay in mainland China amid the United States’ sanctions. They include those who were born in China but hold US passports after finishing their studies and gaining their working experience in America. Chinese media said […]Continue Reading

Axiata among first three telcos globally to achieve TM Forum’s ‘Running on ODA’ Status

Recognition of Axiata’s global industry leadership and execution capability
Able to assist other telco groups in their digital transformation journeys Axiata Group Bhd, one of Asia’s leading telco groups serving over 163 million subscribers, announced today that it had been named by the TM Forum as one of the first three telcos…Continue Reading

N Korea tests put Seoul and Tokyo on a narrow bridge

North Korean leader Kim Jong Un, perhaps emboldened by his embrace of Russia’s war in Ukraine, has unleashed a wave of missile tests with a possible nuclear test to come. The Pyongyang regime claims to be developing tactical nuclear weapons and to be responding to recent joint military exercises by the US, South Korea and […]Continue Reading