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Business Upturn Asia

Author

Tushar Aggarwal 158 posts

Tushar, a B.Tech graduate with a penchant for technology and finance, finds joy in the harmonies of music and the wisdom within the pages of books. His dynamic interests and multifaceted personality reflect a journey of constant exploration at the intersection of creativity and logic.

Russia

Russian government proposes extension of capital controls until end of 2024

Tushar Aggarwal Jan 23, 2024
These measures, initially decreed by President Vladimir Putin in October, have proven effective in stabilizing the…
South Korea

Seoul shares rise on positive momentum from record high U.S. stocks

Tushar Aggarwal Jan 23, 2024
South Korean stocks closed higher Tuesday as investors scooped up undervalued shares after U.S. stock indexes…
Japan

Japan’s Prime Minister Kishida advocates wage hikes at small firms to boost…

Tushar Aggarwal Jan 23, 2024
This push comes as the annual spring wage negotiations reach a pivotal stage, with Kishida engaging in meetings…
South Korea

Kia’s Gwangmyeong plant completes upgrade for electric vehicle production

Tushar Aggarwal Jan 23, 2024
The Gwangmyeong plant, previously producing vehicles for export, underwent significant upgrades to accommodate the…
South Korea

South Korea allocates $74.9 million to boost reshoring efforts in 2024

Tushar Aggarwal Jan 23, 2024
South Korea's Ministry of Trade, Industry and Energy announced plans to allocate 100 billion won ($74.9 million) in…
Taiwan

Taiwan’s export orders experience 2nd consecutive annual drop amid Global…

Tushar Aggarwal Jan 23, 2024
Last month, export orders plunged by 16% year-on-year to US$43.81 billion, falling below the ministry's forecast of…
China

China boosts chip making machinery imports to bypass U.S. controls, nearing record…

Tushar Aggarwal Jan 23, 2024
Chinese chip manufacturers are aggressively investing in new semiconductor factories, aiming to bolster the…
Japan

Japan holds hope for Moon Lander recovery: possibility to restore power after…

Tushar Aggarwal Jan 23, 2024
Despite initial uncertainties surrounding the functionality of the craft's solar batteries, JAXA is gearing up for…
Japan

Sompo Holdings CEO to resign amidst scandal: automobile insurance fraud prompts…

Tushar Aggarwal Jan 23, 2024
The scandal revolves around fraudulent activities related to automobile insurance at Bigmotor, casting a shadow on…
China

U.S.-China Chip battle entangles South Korea’s SK Hynix, forcing tough…

Tushar Aggarwal Jan 23, 2024
South Korea's SK Hynix, a global memory chip giant, faces a challenging dilemma as its Dalian plant, acquired from…
Japan

Amazon announces ¥2 trillion investment in Japan’s cloud business amid AI…

Tushar Aggarwal Jan 21, 2024
Amazon.com Inc's cloud computing service unit, Amazon Web Services Inc., revealed on Friday its ambitious plan to…
South Korea

Korean kimchi exports reach record high in 2023 amid global K-content popularity

Tushar Aggarwal Jan 21, 2024
South Korea's iconic dish, kimchi, has achieved record-high exports in 2023, fueled by the increasing global…
South Korea

Korea lifts anti-dumping tariff on Japanese stainless steel bars

Tushar Aggarwal Jan 21, 2024
Korea's Trade Commission has announced the decision to terminate the anti-dumping tariff imposed on Japanese…
Taiwan

Taiwan unveils 5-Qubit quantum computer for scientific research

Tushar Aggarwal Jan 21, 2024
Quantum computer with 5-qubit chips launched by Academia Sinica yesterday.
Japan

Navigating the next phase: From AI excitement to risk management – insights…

Tushar Aggarwal Jan 21, 2024
The global elites gathered for the World Economic Forum this week, there were two inescapable words on the windows:…
Taiwan

Northern Taiwan’s real estate market faces 12.1% drop in 2023 to four-year…

Tushar Aggarwal Jan 19, 2024
Presale projects and new houses in northern Taiwan totaled NT$1.1 trillion (US$34.84 billion) in 2023, marking a…
East Asia

Dollar dominance sparks intervention concerns across markets, Asia in focus

Tushar Aggarwal Jan 19, 2024
Investors are dusting off intervention playbooks once again as a resurgent dollar raises the spectre of fresh…
Japan

Sekisui House to acquire M.D.C. Holdings for $4.9 billion, aiming to become…

Tushar Aggarwal Jan 19, 2024
Japan's Sekisui House Ltd is buying Denver-based homebuilder M.D.C. Holdings Inc. for $4.9 billion in a deal that…
South Korea

Samsung unveils Galaxy S24 series with advanced AI features, aiming to regain top…

Tushar Aggarwal Jan 19, 2024
Samsung Electronics has introduced its latest Galaxy smartphones, including the premium S24 Ultra model, with…
Taiwan

TSMC forecasts up to 25% revenue growth fueled by strong demand for AI and HPC…

Tushar Aggarwal Jan 19, 2024
The world’s largest contract chipmaker saw revenue contract 4.5 per cent to NT$2.16 trillion (US$68.42 billion)…
South Korea

Samsung elevates AI integration in Galaxy S24 lineup, pioneering…

Tushar Aggarwal Jan 18, 2024
The Galaxy S24 lineup, set to hit stores on January 31, boasts various AI innovations, including live translation…
South Korea

Major recall: 104,000 vehicles by Renault, Kia, and Jeis Mobility for safety…

Tushar Aggarwal Jan 18, 2024
Renault Korea Motors, along with Kia Corp. and domestic electric car manufacturer Jeis Mobility, has initiated a…
China

China faces slowest economic growth since 1990 amid property crisis and global…

Tushar Aggarwal Jan 18, 2024
The National Bureau of Statistics disclosed that gross domestic product (GDP) reached 126 trillion yuan ($17.6…
Japan

Japan’s Tourism rebound: 25 million visitors in 2023 propel economic…

Tushar Aggarwal Jan 18, 2024
In a significant turnaround, Japan experienced a tourism resurgence in 2023, welcoming a staggering 25 million…
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