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Foxconn's Hon Hai to expand footprint in India with $1.6 bn investment

The news comes as Hon Hai, also known as Foxconn, and other Taiwanese electronics manufacturers continue to diversify their businesses outside of China

China warns of surge in respiratory illness after mystery disease hits kids

The steady rise in pneumonia among children in kindergartens and primary schools flooded hospitals this month and prompted the World Health Organization to make an inquiry with Beijing

AI chip boom fuels Taiwan firm's 40% rally, beating Qualcomm, peers

The buzz surrounding MediaTek casts a spotlight on growing competition between semiconductor firms that are exploiting the use of AI to grab a larger share of the smartphone business

Profits at China's industrial companies rise as deflation persists

For the first 10 months of 2023, profits fell 7.8 per cent from the same period a year earlier, moderating slightly from the 9 per cent fall through the first nine months.

ByteDance to fire hundreds and shut Nuverse in major gaming retreat

TikTok's owner will fire several hundred people, unwind projects under development and weigh potential sales of existing titles, people familiar with the matter said

'AI blowback' fears grip the ESG fund managers betting on Big Tech

The ESG investing industry may be more exposed to such risks than most, after taking to tech in a big way

Inflation gauges in the US at 2-year lows may spur rate hike pause

Despite the disinflation progress, officials on both sides of the Atlantic insist they want to see more evidence to be sure that consumer prices are durably under control

Hamas delays hostage release citing Israel's 'non-compliance' on deal terms

Israel had been anticipating the latest group of hostages would be freed in the evening, part of a four-day temporary cease-fire in which about 13 prisoners would be released daily

Alibaba Group Holding starts its overhaul to revamp cloud business

Key among those is the so-called public cloud - the domestic cloud services arm aimed at enterprise customers in China - which will be led by Liu Weiguang

Crude oil holds a decline as Opec+ dispute clouds production outlook

Saudi Arabia, the de facto leader of Opec, and its allies are embroiled in a dispute over output quotas for African members

Risk of global Mpox outbreak rises as virulent strain spreads in Congo

A Belgian resident with connections to the DRC and his sexual contacts tested positive for a strain of Mpox, known as Clade 1, which has a fatality rate of about 10%

COP28 holds key to global carbon market that could help improve offsets

UN-sponsored program aims to ensure high quality credits within internationally framework, offering investors greater certainty amid concerns that some existing voluntary projects do little

Foxconn's billionaire founder Gou to drop out of Taiwan presidential race

The decision brings to an end Gou's years-long pursuit of Taiwan's most-powerful job - at least for now

Himalaya tunnel disaster: India needs more caution on infrastructure

This is clearly an incredibly fragile part of the world, where large-scale development projects can only be conducted with the utmost caution

Rioters clash with police in Dublin city center after knife attack

The unrest began after a stabbing incident close to a school in the city's north side

U'khand tunnel collapse: 'You can't act surprised,' says environment expert

While large projects in India are required by law to undergo an Environmental Impacts Assessment, the Silkyara Tunnel in Uttarakhand was exempt as it is divided into segments smaller than 100 km each

Dutch leader who backed Nupur Sharma on 'Prophet' row wins elections

Only once in recent Dutch history has the leader of the biggest party not become prime minister

China weighs unprecedented builder support with first-ever unsecured loans

Implementation would require regulators to exempt bankers from being held accountable for possible bad loans given the high risks involved

China's rice exports to Ivory Coast top 2022 after India imposed curbs

The Asian nation shipped 45,000 tonnes to the African country in October, matching the volume exported in August, customs data compiled by Bloomberg show

Israeli 'Government CFO' managing $48 billion fiscal shock of Gaza war

The war, which the Finance Ministry estimates is costing the economy around $270 million every day, will come with a fiscal price tag estimated at 180 billion shekels ($48 billion) in 2023-2024