U.S. to Share Nuclear Submarine Technology With Australia in New Pact

President Biden delivered remarks Wednesday concerning the new Asia-Pacific safety initiative, with Australia High Minister Scott Morrison, on display screen, and British High Minister Boris Johnson taking part remotely. Picture: oliver contreras/pool/Shutterstock By means of Gordon Lubold Shut Gordon Lubold Biography @glubold [email protected]m Up to date Sept. 15, 2021 9:45 pm ET WASHINGTON—The U.S., the UK and Australia are growing a brand new safety partnership within the Indo-Pacific, construction at the longstanding alliance between the 3 to percentage intelligence, deepen…
The World’s Hottest Smartphone Brand Is Chinese—And It Isn’t Huawei

The World’s Hottest Smartphone Brand Is Chinese—And It Isn’t Huawei

HONG KONG—U.S. sanctions have pummeled Huawei Applied sciences Co.’s smartphone trade. A special Chinese language tech corporate is reaping the advantages. Xiaomi Corp. has stuffed the gap left by Huawei in markets from Europe to Southeast Asia to China. It’s doing so with a playbook acquainted to many Chinese language shopper manufacturers: providing purposeful units related to upscale opponents at costs that frequently undercut them. No corporate globally bought extra telephones within the month of June, as Beijing-based Xiaomi surged…
Two Big Asian Tech IPOs Surge on Market Debuts

Two Big Asian Tech IPOs Surge on Market Debuts

Stocks in a newly indexed South Korean virtual financial institution and an Indonesian e-commerce team each soared Friday, pointing to investor urge for food for tech offers in rising markets throughout Asia. In Seoul, stocks in KakaoBank Corp. leapt just about 79% from their preliminary public providing value, valuing the net lender on the identical of about $31 billion. The corporate is partially owned via Kakao Corp., the operator of a well-liked messaging app in South Korea. The surge lifted…