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The move will block shipments from BGI, a major Chinese firm that U.S. officials allege is associated with forced labor and the abuse of minority groups.

North Korea fired “around a dozen” short-range ballistic missiles off its east coast on Thursday, Seoul’s defence ministry said, less than a week after South Korea proposed talks over a growing border row. South Korea’s Joint Chiefs of Staff said its military detected “around a dozen short-range ballistic missiles fired from the Wonsan area of North Korea towards the East Sea”, the body of water also known as the Sea of Japan. “Our military has stepped up surveillance and vigilance against...

Shares of Chinese semiconductor suppliers Biwin Storage Technology and Moore Threads tumbled on Thursday alongside a broader rout in mainland technology stocks, despite blockbuster third-quarter revenue driven by strong artificial intelligence demand. Both stocks plunged more than 10 per cent during Thursday morning trading, reversing Wednesday’s rallies of 8.4 per cent for Biwin and 5.8 per cent for Moore Threads. The tech-heavy Star 50 index in Shanghai also dropped more than 4 per cent,...

A South Korean court on Thursday rejected a lawsuit by dozens of Tesla owners ‌seeking full refunds for money paid for Full Self-Driving (FSD) driver-assistance software, ruling that the carmaker had not breached its contractual obligations. The Seoul Central District Court ruled against the 88 plaintiffs, finding that the FSD option did not promise fully autonomous driving without human intervention and that Tesla had already provided some of the functions included in the package. The court...

With Halloween approaching, Japanese municipalities are stepping up measures against disruptive celebrations in major entertainment districts as larger crowds are expected this year, with the event falling on a Saturday. Halloween is not a traditional festivity in Japan, but has evolved into a major urban event in recent years, particularly in Tokyo’s Shibuya district, where revellers in costumes gather for street celebrations. The festivities have increasingly become associated with public...

Thai authorities have vowed to seize more than US$1 billion in assets from a group accused of laundering proceeds from Southeast Asia-based scam syndicates. A criminal court issued arrest warrants on Tuesday for the alleged ringleader, South African Benjamin Mauerberger, his Thai wife Cattaliya Beevor, Cambodian businessman Yim Leak and four others, police said. Media reports have previously linked Smith, also known as Ben Smith, to transnational scam operations in Cambodia, part of a...

Shen Jiaoqi, a banker living in southern China’s Guangdong province, cannot stop watching microdramas. The shows are so addictive that she sometimes spends entire days gazing at her phone. One time, she even kept watching while she showered. “Honestly, I was watching for the eye candy rather than the plots,” she said. “The AI has really made the characters look stunning.” Shen is far from alone. Microdramas have exploded in popularity in China over the past few years, offering viewers a quick...

South Korean memory chip giant SK Hynix kept almost 80 per cent of its total sales as operating profit last quarter, a margin almost unheard of in manufacturing, as the country’s chipmakers reap the rewards of the global artificial intelligence boom. Operating profit, defined as earnings from the company’s core business before interest and taxes, soared 632 per cent in the three months to September from a year earlier to 83.33 trillion won (US$62.76 billion) on revenue of 104.62 trillion won, SK...

In his annual state of the nation address, Tokayev laid out an ambitious spending spree focused on infrastructure and investment.

Lula’s victory secures the most important destination for Chinese foreign direct investment in the Western Hemisphere and ends a winning streak for Trump-supported candidates.

US Defence Secretary Pete Hegseth on Wednesday proposed a new US-Asean defence framework to guide cooperation over what he called “critically important years” ahead, but offered few details on what it would entail. The proposal faces questions over whether members of the Association of Southeast Asian Nations will embrace a bloc-wide initiative, with analysts suggesting they would prefer bilateral arrangements that preserve their flexibility as they navigate ties with Washington and...

Insights from Eric Setzekorn.