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BUSINESS1d agoWhy Samsung, SK Hynix and CXMT shares are under pressure despite strong AI demandA sharp sell-off in Asian memory chip stocks this week signals growing investor doubts over whether the sector’s AI-driven profit boom can last, even as soaring prices drive strong quarterly earnings across the sector. Shares in market leaders Samsung Electronics and SK Hynix plunged in Seoul on Tuesday, extending a days-long slide that has also swept up Chinese rival ChangXin Memory Technologies (CXMT). Samsung and SK Hynix closed down 7.4 per cent and 10.1 per cent, respectively. The companies...South China Morning Post
DISASTER1d ago4 elderly women among 179 reported trapped in lifts after power dip in Hong KongFour elderly women were injured among nearly 180 reports of people being trapped in lifts after a brief voltage dip in CLP Power’s network tripped building safety mechanisms in various districts across Hong Kong on Tuesday. The Fire Services Department said that from 1.10pm to 3pm, it received 179 reports of persons trapped in lifts and 40 fire alarms going off in parts of Kowloon and the New Territories. Residential and commercial buildings, hospitals, shopping centres, MTR stations and school...South China Morning Post
POLITICS1d agoChina opposes India’s move to name 28 strategic locations in Ladakh“China has never recognised the so-called ‘Union Territory of Ladakh’ unilaterally and illegally established by India,” Foreign Ministry spokesperson Mao Ning told a media briefing in BeijingThe Hindu
DISASTER1d agoFire at waste plastic factory, intense blaze, no injuries confirmed NaraAn intense fire has broken out at a waste plastic factory in Nara, causing a significant blaze. There have been no confirmed injuries from the incident.Asahi Shimbun
CYBER1d agoJR Tokai's EC site, 15,000 personal data leaks suspected due to unauthorized accessAsahi Shimbun
HEALTH1d agoDoctors warn of physical limits as China viral ‘flash step’ dance sends imitators to hospitalA dance move known as the “flash step” recently went viral on Chinese social media, inspiring countless imitations, memes and creative merchandise, including keychains. In September, Chinese netizens jumped on the bandwagon, copying moves from a dance tutorial video made in the 1990s. They were especially taken with three moves featured in the video: the “flash step”, “prodigal kicking the ball” and “black bear shaking fur”. As its name vividly suggests, the flash step is a rapid, side-to-side...South China Morning Post
CYBER1d agoVietnamese arrested on suspicion of laundering 30 million yen in voice phishing proceedsVietnamese individuals have been arrested on suspicion of laundering 30 million yen obtained through voice phishing. This highlights ongoing efforts to combat cyber-enabled financial crime.Asahi Shimbun
POLITICS1d agoFormer Chongqing mayor Huang Qifan under investigation for corruptionHuang Qifan, former mayor of Chongqing and a survivor of multiple regional graft scandals, is under investigation for corruption, according to state media. State news agency Xinhua reported on Tuesday that the Communist Party’s Central Commission for Discipline Inspection was investigating Huang for alleged serious violations of discipline and law, a euphemism for corruption. Huang, 74, was mayor of the southwestern municipality from 2010 to 2016, overseeing an economic boom while navigating...South China Morning Post
DISASTER1d agoIs Indonesia’s haze rhetoric ‘unempathetic’? Oxygen quip tests regional cooperationAn Indonesian official’s claim that the country exports “oxygen” and not just smoke to its neighbours has renewed criticism of Jakarta’s handling of its annual forest fires, with analysts warning that defensive nationalism risks undermining regional cooperation to tackle the recurring haze crisis. The remarks by Syahganda Nainggolan, the newly appointed head of the Government Communication Agency, reignited criticism over Indonesia’s handling of its ongoing forest and peatland fires, which have...South China Morning Post
MILITARY1d agoChina’s Zhuhai air show to feature first-ever dedicated naval equipment displayIn a first, China’s largest air show will feature a dedicated naval equipment exhibition area, showcasing active-duty hardware in service with the country’s navy, as this year marks the event’s 30th anniversary, the organisers said. The biennial China International Aviation & Aerospace Exhibition, also known as the Zhuhai air show, displays China’s civilian and military aircraft for international buyers, drawing hundreds of thousands of attendees. A number of China’s aircraft have debuted at the...South China Morning Post
DISASTER1d ago4-year-old boy chokes to death on frozen jelly at Nara preschool; investigation committee establishedA 4-year-old boy tragically choked to death on frozen jelly at a preschool in Nara, prompting the establishment of an investigation committee. This incident raises concerns about child safety and supervision.Asahi Shimbun
BUSINESS1d agoMan of Chinese nationality, believed to be a high-ranking official, re-arrested on suspicion of exchanging fake 10,000 yen silver coinsA Chinese national, suspected to be a high-ranking official, has been re-arrested on suspicion of exchanging fake 10,000 yen silver coins. This suggests an international counterfeiting operation potentially involving influential figures.Asahi Shimbun
BUSINESS1d agoApproximately 40 million yen in subsidies for single-parent support embezzled; Osaka social welfare corporation employee dismissedAn employee of an Osaka social welfare corporation has been dismissed for embezzling approximately 40 million yen in subsidies intended for single-parent support. This incident reveals a significant misappropriation of public funds.Asahi Shimbun
POLITICS1d agoTrump says does not believe China, Russia helping IranTrump said in July that he did not believe China and Russia were selling weapons to Iran, warning that "it would be very bad for them" if they did. The post Trump says does not believe China, Russia helping Iran appeared first on Vanguard News.Vanguard Nigeria
MILITARY1d agoGround Self-Defense Force member who sold bank account suspended; 'Used for scholarship repayment and entertainment expenses'A Ground Self-Defense Force member has been suspended for selling their bank account, which they claimed was done to repay a scholarship and cover entertainment expenses.Asahi Shimbun
WORLD1d agoBritish Council to resume IELTS exams after 4 days of cancellations across ChinaIELTS examinations will resume across China on Wednesday, the British Council said after four days of cancellations that left test-takers scrambling at the height of the overseas university admissions season. The organisation announced on Tuesday afternoon that it would hold two free make-up sessions – on October 19 and 20 – for affected candidates and reimburse reasonable travel and accommodation costs for those who travelled to testing centres. The cancellations, which began on Saturday and...South China Morning Post
WORLD1d ago[Photo Summary] Princess Aiko's first visit to Aomori Prefecture; many people along the roadsideThis article provides a photo summary of Princess Aiko's first visit to Aomori Prefecture, where many people gathered along the roadside. It documents a public engagement by a royal family member.Asahi Shimbun
DISASTER1d agoMobile battery catches fire while charging during absence from desk; Tokyo Chofu City disciplines staffA mobile battery caught fire while charging at a staff member's desk in Tokyo's Chofu City, leading to disciplinary action against the staff. This incident highlights a workplace safety concern related to electronic devices.Asahi Shimbun
MILITARY1d agoJapan, US review military liberty policies after Okinawa killingJapanese Foreign Minister Toshimitsu Motegi said on Tuesday that officials were reviewing the off-base code of conduct for US troops in Japan following the alleged killing of an Okinawan woman by a US marine. Crimes including rapes, assaults, hit-and-runs and drunk driving by US military personnel have long triggered protests on the southern Japanese island, which has for years urged other regions in the country to share the burden of hosting US troops. “We plan to hold discussions including...South China Morning Post
BUSINESS1d agoRoche signs $1.16B obesity drug deal with China’s Rona TherapeuticsRoche has signed a $1.16 billion deal with Rona Therapeutics from China for an obesity drug. This represents a significant collaboration in the pharmaceutical industry.Seeking Alpha Tech
BUSINESS1d agoGermany's China calculation shifts as import pressures eclipse export benefitsGermany has long resisted tougher action against China, fearing retaliation. But rising pressure on key industries has pushed Berlin to seek stronger EU trade-defense powers to protect its industrial base.DW News [en]
BUSINESS1d agoLVMH sales miss growth forecasts as China luxury demand slowsLVMH, the world's leading luxury group, said its sales edged higher in the third quarter despite a slowdown in demand in China hitting its fashion and leather goods segment.EuroNews [en]
POLITICS1d agoPostmen denied permanent contracts offered priority for other civil service rolesHundreds of Hong Kong postmen denied permanent contracts will get priority for other civil service jobs and easier entry requirements for clerical posts, as the postal service grapples with financial strain. The Civil Service Bureau outlined the concessionary measures in a closed-door briefing with union representatives and lawmakers on Tuesday, in a bid to support the postal staff affected by Hongkong Post’s unprecedented cost-saving move following its report of a record deficit. The government...South China Morning Post
WORLD1d agoLate Superstar Anita Mui’s Ashes Missing In Hong KongThe diva of Cantopop -- a popular music genre sung in the Cantonese language -- died from cervical cancer aged 40 in 2003 after selling millions of records. The post Late Superstar Anita Mui’s Ashes Missing In Hong Kong appeared first on Channels Television.Channels TV