Lawmakers are flagging what they say are likely significant violations of U.S. law by Temu, a popular Chinese shopping platform, accusing it of providing an unchecked channel that allows goods made with forced labor to flow into the United States. In a report released Thursday, the House Select Committee on the...
SEOUL, June 12: A former executive at South Korea's Samsung Electronics (005930.KS) was indicted on Monday on suspicion of stealing company technology for a copy-cat chip factory in China and jeopardising national economic security, prosecutors said.   South Korea is a chipmaking powerhouse, increasingly pressed by the geopolitical and economic rivalry...
BEIJING: China Renaissance Holdings said in an exchange filing on Sunday that its missing chairman and star dealmaker Bao Fan was currently cooperating with relevant Chinese authorities conducting an investigation. This is the first time the mainland China-based boutique bank has given a reason for the disappearance of its founder - who was...
Apple on Monday unveiled its first mixed reality headset, challenging Facebook-owner Meta in a market that has yet to tempt users beyond videogamers and tech geeks.   The release was the most significant product launch by the iPhone maker since it unveiled the Apple Watch in 2015.   The Vision Pro, which was...
Islamabad:  Pakistan's cash-strapped government unveiled a 14.5-trillion-rupee (around $50.5-billion) budget Friday, with over half set aside to service 7.3 trillion rupees of debt. Pakistan's economy has been stricken by a balance-of-payments crisis as it attempts to service crippling external debt, while months of political chaos have scared off potential foreign...