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… as is massive anti-trust fine imposed by Chinese regulator for monopolistic practices CEO Daniel Zhang eats humble pie... … but stresses intent to double-down on cloud investments   China's Alibaba group has just announced its first quarterly loss since it became a listed company in 2014. In a conference call to investors following the disclosure, Daniel Zhang, the Chairman and CEO explained why. It's down to two factors; the fallout from Jack Ma getting on the wrong side of the Politburo and a major cloud customer taking its business elsewhere. The global pandemic barely gets a mentio...

Three years after the EU's flagship GDPR data protection regulation came into force, confusion over international data transfers following the landmark Schrems II ruling is hampering new technologies and jeopardising the bloc's digital agenda.

Victor Cha The Seoul Central District Court last month dismissed a claim for compensation from the Japanese government from victims of wartime sexual slavery. That is bad news for the victims but surely correct under international law, and an inadvertent byproduct of this development may be a return for South Korea to the center of regional relations and diplomacy. The court ruling prevents the government from appropriating Japanese company assets in South Korea and recognizes a 2015 compensation agreement as the primary vehicle for addressing any damage claims for survivors. At the same tim...

Chinese engagement in the Dominican Republic: An update Click to read this article in English Introduction When President Danilo Medina of the Dominican Republic announced in May 2018 that his government would recognize the People’s Republic of China (PRC), abandoning the Dominican Republic’s longstanding diplomatic commitment to Taiwan, alarm bells sounded in Washington, D.C. Panama had recognized the PRC only one year earlier, while El Salvador’s recognition of the PRC later in 2018 set the stage for a ferocious reaction from the United States. In the end, however—thanks to a combin...

news Will South Korea’s chip sector have to take sides in the China-US tech war? Illustration: Lau Ka-kuen This is the first in a two-part series on the potential impacts of presidential elections in the region on relations with China and the United States. Here, Laura Zhou and Eduardo Baptista examine the challenges a swing in the electoral pendulum could pose for South Korea's semiconductor industry. On the one side is China, the biggest market for computer chips from South Korea, which controls more than half of the global market for semiconductors. Semiconductors are crucial to almost ...