Southeast Asia’s insurance industry has quietly turned into one of the region’s most crowded battlegrounds for digital disruption. Behind traditional insurers’ glossy premiums and paperwork-heavy claims lies a swarm of insurtechs rewriting the rules, some genuinely solving access gaps, others simply repackaging old products with an app and an API. From Singapore’s bolttech and Igloo…
BEIJING — Trade tensions between China and Europe are heating up, even as Europeans turn to China for help cooling down. Limited time: Save 25% on NBC News subscription Get exclusive reporting, live Q&As and ad-free reading. Air conditioners had become a hot commodity in Europe even before a deadly heat wave in recent weeks…
Seoul / Beijing Reuters — As Europe sweats through record-breaking temperatures, Asian makers of air conditioners, like South Korea’s Samsung Electronics, China’s Midea and Japan’s Mitsubishi Electric, are enjoying a boom in sales. Air conditioning is common throughout buildings, transport and homes in major cities across Asia, but it is rare in Europe and people are…
