CEO of Europe's top chip-equipment maker says the auto industry needs a lot more chips that are made using simpler, long-known technologies

Data showed Japanese workers saw their average base pay climb 2.5% in May, the fastest in 31 years, suggesting broadening wage gains will give households more purchasing power

A drama in Suzhou has put the spotlight on violent incidents, with analysts suggesting social hardship from China's economic slump is fuelling rising discontent

Sales of passenger vehicles totalled 1.78 million in June, down 6.9% from last year, but exports were up 28% and sales of plug-in hybrids rose by 67%

Samsung enjoyed a more than 15-fold rise in second-quarter operating profit, as chip prices rebounded thanks to the AI boom, but the group opposes unions and the strike may have little impact

Market participants and analysts believe the move paves the way for a new interest rate corridor, with the seven-day reverse repo rate serving as a central guide

Orban arrives for talks with Xi Jinping. He is believed to be negotiating a potential peace deal to end the war in Ukraine, as well as holding trade deals

Foreign firms in Taiwan have been assessing risks to employee safety after China's threat to execute Taiwanese 'diehards' who passionately embrace its independence

Experts say pricing reforms and better tech are needed for a storage sector whose rapid growth has been plagued by low utilisation and losses for operators

PBOC says it has signed deals with major financial institutions to borrow medium- and long-term bonds and will sell them depending on market conditions in a bid to cool a major rally

The world's fastest growing major economy has prioritised coal to address a surge in power demand in recent years, underscoring the challenges it faces in weaning its economy off carbon

Modi government has asked power companies to order $33 billion worth of equipment this year to ramp up more coal power for the rest of this decade