Marvie Basilan

China now may have the computing power at its disposal to match, or even overtake, technology leaders like the United States in several areas that could be key to becoming the dominant economic and military power in the world.

Beijing has developed multiple de-risking plans in recent years such as the Made in China 2025, the dual circulation model and the government's self-reliance strategies, said Jens Eskelund, president of the European Union Chamber of Commerce in China.

Thailand's Prime Minister Srettha Thavisin was in New York last week to attend the UN General Assembly. He says he expects at least $5 billion in investments from three of the world's tech titans in the coming years.

Malaysia's KUL/KLIA is Asia's most internationally connected airport, and it is also the world's top low-cost flight provider. The Philippines's MNL/NAIA jumped 14 spots from 2019 to be in the global ranking's Top 15.

Experts say Taiwan should understand the similarities between its situation and Ukraine, but also the differences, as the latter offer the most valuable operational lessons.

Its parent company, Delivery Hero, is in the early stages of discussions to sell a part of its delivery business in Southeast Asia. The exact number of employees and the specific locations that will be affected by the layoffs is unknown.

The Philippines has fallen down in the World Talent Rankings, taking the 60th spot globally and the second-to-the-last spot in Asia Pacific. The Southeast Asian nation also dropped four spots in this year's World Competitiveness Ranking.

The Philippines is considering the possibility of filing a new arbitral case over Chinese maritime militia's alleged illegal harvesting of corals and degradation of coral reefs in disputed waters, but Beijing says Manila has no "factual basis" over its allegations.

As Hong Kong's economic freedom declines due to the Chinese government's restraints on tenets that affect Hong Kong's economy, Singapore's improvements in government and regulations have allowed it to blow out HK's 53-year candle.

The American chip giant had previously reduced its U.S. workforce, particularly in its San Diego headquarters.

Late Tuesday, Trudeau said that the expulsion of the Indian intelligence chief and the revelations regarding Nijjar's death were not meant "to provoke or escalate." He urged the Indian government to "take this matter with the utmost seriousness."

X, formerly Twitter, reportedly cut its trust and safety team to around 20 people earlier this month even after advertisers discussed concerns about toxic content on the platform.

Military forces from Southeast Asian nations have gathered in Indonesia to participate in the joint military drills that will continue until Thursday. It is the first time the 10-country bloc has conducted joint drills without the participation of non-member nations.

China did not mince words following U.S. President Joe Biden's recent designation of the Asian powerhouse as a major illicit drug producing country along with nearly two dozen others.

Tensions between Canada and India have been on the rise in recent months following the killing of a Sikh separatist leader in British Columbia in June.

Foxconn, the world's largest contract manufacturer of electronics, has been rapidly expanding its footprint in India as it seeks to gradually move away from China.

The exchange was under investigation after the Hong Kong Securities and Futures Commission (SFC) filed a complaint against it last Friday. A crypto influencer, named Joseph Lam Chok, was reportedly arrested Monday for his association with JPEX.

The personalities reportedly reached a settlement in a lawsuit that named multiple celebrities and influencers over their alleged failure to disclose compensation in endorsements related to FTX.

Cisco is cutting hundreds of jobs in California next month following a strong fiscal year 2023. The company has implemented thousands of job cuts since 2014.

Five members of the ASEAN including Thailand are working together to establish a regional cross-border payments system that uses QR codes and e-wallets. Thailand's unbanked and underserved communities as well as SMEs are expected to benefit.

Airtable will cut 237 jobs in its latest round of layoffs. The low-code software unicorn was last valued at $11 billion in 2021 following a $735 million funding round.

Ascendant Studios' CEO Bret Robbins said the team, which Electronics Arts touted as having the right experience to deliver "Immortals of Aveum," had to make the necessary adjustments now that its game has been shipped.

Morningstar is cutting Sustainalytics' workforce next week, more than a year after it reduced the Sustainalytics China team by the hundreds.

Google is cutting a "significant" number of staff from its recruiting unit, citing the need for operational efficiency. The company has implemented smaller workforce cuts in recent months.

Apple has unveiled its new iPhone series, which features not just improved cameras and a major charger change but also lower starting prices for the base devices.

Wells Fargo has already gone through multiple smaller layoffs in recent months, but its CFO is expecting more workforce reductions as the banking industry grapples with corporate real estate lending issues.

China's BRI is a decade old, but beyond its ambitious promises of trans-national connectivity, the initiative is looked at with skepticism and is seen as a debt trap for developing countries.

Chargebee, once valued at $3.5 billion, is cutting another 10% from its global workforce as the company struggles through "market shifts" and a funding winter that already hit the valuations of other Indian unicorns.

The layoffs will affect offices across the United States, as well as remote employees in some parts of the country, including Washington and Ohio.