Huawei leads in 5G commercial contracts, over half from Europe

China's tech giant Huawei announced it had secured a total of 91 5G commercial contracts worldwide to date, despite tightening restrictions from the United States.


South Korea faces Q1 economic contraction due to coronavirus

South Korean economy could contract in the first quarter because of the escalating spread of the new coronavirus. Nearly 1,600 people in South Korea have been infected, second only to China.


Hong Kong economy to remain in a slump, reporting first deficit in 15 years

Storm of trade war, prolonged unrest and the coronavirus outbreak may cost Hong Kong $17.8 billion budget deficit in the year ahead.