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AsianSunTimes coverage of breaking news and current headlines in Asia and around the world. Top stories, photos, videos, detailed analysis and in-depth reporting.

Tesla’s market value surpassed Ford’s and General Motors’

The market value of Californian automotive company Tesla has increased by 7%, surpassing that of Ford’s and General Motors’ combined worth. For the first time,...

China’s new investment law: yay or nay?

The Chinese government on January 1 launched its new Foreign Investment Law (FIL) which allows it to further open its market and equalized the...

Furniture company IKEA to pay $46 Million settlement to family of...

Ikea, a European company that specializes in furniture and kitchen appliances, has agreed to pay an amount of $46 million to the family of...

Facebook bans deceptive, modified media

Facebook’s Global Policy Management President Monika Bickert said they have removed modified images and videos that were intended to deceive millions of users. She said...

TV makers stun CES 2020 with super HD units

Televisions will no longer just be viewing appliances as TV manufacturing giants showcased super high definition models that can serve as hubs to control...

Australia’s bushfires hit businesses leading to more than $2 billion economic...

Several companies in Australia, including resorts, factories and insurance firms, have been reportedly hit as the summer’s devastating bushfires continue to rage. With fires ripping through...

Prices of crude oil soar after Iran’s missile attacks on US...

The prices of crude oil increased to $65.65 equivalent to 4.5% per barrel in Asian trade while global stock prices fell down. Reports claim that these...

Money trader Travelex down after getting victimized by cyberattack

The London-based foreign exchange company ‘Travelex’ was forced to shut down its online systems across the globe after falling into cyber traps on New...

Hyundai to produce flying taxis for Uber

Hyundai Motor Company is set to produce flying cars for ride-hailing giant Uber as part of the latter’s aim to provide air taxis by...

A “Prototype City of the Future” will rise in Japan, says...

Toyota Motor Corporation, a Japan-based multinational automotive manufacturer, recently shared the good news of transforming a 175-acre former car factory into a “Prototype City of...
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