German authorities have approved JD.com's €2.2 billion bid for Ceconomy, Europe's largest electronics retailer. The approval comes with conditions to protect customer data and grant Berlin monitoring rights.
Taiwanese civil group Economic Democracy Union protested at the Ministry of Economic Affairs, demanding the resignations of Investment Promotion Department Director Chang Ming-bin and Bureau of Foreign Trade Director Liu William. The group cited concerns over national security and alleged illegal investments and smuggling.
Taiwan's Ministry of Economic Affairs clarified that upcoming US tariffs under Section 301 will transition after Section 122 expires, with Section 122 tariffs becoming zero and not stacking with Section 301 rates. Taiwan aims to secure fair treatment in negotiations.
The US-led Pax Silica initiative aims to make the Philippines a key node in a global tech supply chain, focusing on semiconductors and AI. However, the plan faces scrutiny over speculative promises and risks escalating tensions with China, while also complementing America's growing military presence in the region.
