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All articles tagged with #asia pacific

Alibaba to Raise HK$80 Billion to Accelerate AI Push
technology2 days ago

Alibaba to Raise HK$80 Billion to Accelerate AI Push

Alibaba plans an HK$80bn (about $10.2bn) share placement, with 100% of net proceeds earmarked for expanding its full‑stack AI capabilities and infrastructure, capitalizing on buoyant Chinese markets even as it posts a June quarter free cash outflow of $6.6bn and a 75% drop in net profit as AI spending rises. The move follows a wave of AI-related enthusiasm—including the Qwen 3.8‑Max model, CXMT IPO, and Unitree Robotics—while Alibaba navigates US regulatory pressure, including the Pentagon blacklist and ongoing tech‑policy talks ahead of a U.S.–China summit.

via Financial Times|
#alibaba#artificial-intelligence#asia-pacific
Trump's Asia Pullback Shifts Power Toward China
world2 days ago

Trump's Asia Pullback Shifts Power Toward China

An opinion piece arguing that relocating the USS George Washington from Asia and substantially reducing joint exercises with South Korea signals a major retreat of U.S. military power in the region, benefiting China and North Korea, unsettling Seoul, and raising concerns about Taiwan and nuclear deterrence as more nations recalibrate their security postures; the author warns this broader pivot could increase global risk by diminishing American dominance.

via Salon.com|
#asia-pacific#china#military
Trump's Korea Post Tests U.S. Alliance Commitments in Asia
world4 days ago

Trump's Korea Post Tests U.S. Alliance Commitments in Asia

A CFR analysis warns that Trump’s post suggesting reduced U.S.–South Korea joint drills risks damaging Northeast Asia’s security balance by undermining allied deterrence, potentially prompting Seoul and Tokyo to hedge or pursue alternative security options. The piece emphasizes how ongoing alliance upgrades among the U.S., South Korea, and Japan, along with broader European and regional security ties, are crucial to counter North Korea, China, and Russia amid the Iran and Ukraine crises, and cautions that signaling retreat could invite greater instability and miscalculation in the region.

via Council on Foreign Relations|
#asia-pacific#japan#north-korea
Taiwan and the South China Sea: a flashpoint shaping the U.S.-led order
world4 days ago

Taiwan and the South China Sea: a flashpoint shaping the U.S.-led order

The article argues that Taiwan’s status and the South China Sea are central to the United States’ strategy toward China, with a potential conflict risking mass ASEAN evacuations and major power competition that could push Beijing’s influence beyond the first island chain. It notes ongoing disputes over China’s maritime claims despite a 2016 arbitration ruling, frequent confrontations in the disputed waters, and Washington’s efforts to maintain presence and deter dominance through carrier redeployments, regional drills, and security partnerships with allies like Taiwan and the Philippines.

via AP News|
#asia-pacific#china#south-china-sea
Buybacks Lift Stocks as Markets Navigate Mixed Global Signals
business5 days ago

Buybacks Lift Stocks as Markets Navigate Mixed Global Signals

Markets were mixed as Asia led with tech gains and Europe opened flat, boosted by big buyback announcements (Novonesis €1 billion) and Nordson lifting its full-year guidance, with SK Hynix also revealing a massive buyback. U.S. stock futures edged higher ahead of the session, Bitcoin extended its after-hours rally, and gold pulled back after yesterday’s strength, while global debt topped $40 trillion still shaping the macro backdrop.

via CNBC|
#asia-pacific#business#buybacks
Massive offshore quake near Flores Island leaves at least 47 dead in Indonesia
world9 days ago

Massive offshore quake near Flores Island leaves at least 47 dead in Indonesia

A 7.7-magnitude earthquake struck offshore north of Flores Island, Indonesia, in the early hours of Saturday, leaving at least 47 people dead as rescue teams assess damage, including landslides and collapsed buildings; a tsunami warning was briefly issued and later lifted, while authorities coordinate evacuations and relief efforts in a region prone to seismic activity along the Ring of Fire.

via The Washington Post|
#asia-pacific#earthquakes#evacuations
South Korea raids Starbucks HQ after massacre-themed ad sparks uproar
world-news19 days ago

South Korea raids Starbucks HQ after massacre-themed ad sparks uproar

Police in South Korea raided Starbucks' local headquarters following widespread uproar over a marketing campaign that evoked a massacre, with authorities reviewing potential violations and advertisers facing scrutiny for provocative campaigns. The incident highlights sensitivities around advertising in Korea and the impact of global brands operating in the region.

via AP News|
#asia-pacific#business#marketing-and-advertising